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HUD   >   FY2011 Budget   >   Signature Initiatives   >   HUD Transformation Initiative Fund
HUD Transformation Initiative Fund
Introduction
The Transformation Initiative: As in fiscal year 2010, the Department seeks the continued authority to set-aside up to 1 percent of HUD’s total budget for an agency wide Transformation Initiative. This set-aside is necessary to build a transparent and accountable agency that uses metrics to gauge performance, research to evaluate programs, demonstrations to illustrate the broader impact of federal interventions, technical assistance to identify and diffuse innovation and technology to track spending, inform decisions and curb fraud, waste, and abuse. Additionally, HUD seeks $20 million for the Combating Abusive and Fraudulent Mortgage Practices Initiative through this account. In addition to the four continuing initiatives, the 2011 Budget creates a central pool of HUD salaries and expenses funding. The Budget requests authority for the Secretary to transfer a small amount up to 1 percent from each of HUD's salaries and expenses accounts to fund personnel-related expenses throughout the Department on an as-needed and as-available basis. The central fund would provide targeted, temporary infusions of resources to any of HUD's program offices.

Projects Funded by the FY 2010 Transformational Initiative Fund
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