On the first-time home buyers’ tax credit at 3.60, the report says:
For the First-Time Home Buyers’ Tax Credit, we found that the Department identified some risks regarding this tax credit that the government had introduced to stimulate housing demand.... We found that the Department did not evaluate these two tax credits years after their implementation....
If there were risks, why wouldn't you evaluate the years after, and why wouldn't you report out as to whether or not those risks where mitigated or whether they came to fruition?