The current balance in the LOCCS system, according to a record reviewed by WIRED, is over $100 billion—money Congress has approved for HUD projects but which has yet to be drawn down. Much of this money has been earmarked to cover disaster assistance and community development work, a source at the agency says.
Normally, those who have access to LOCCS require additional processing and approvals to access the system, and most only have “read” access, department employees say.
“Read/write is used for executing contracts and grants on the LOCCS side,” says one person. “It normally has strict banking procedures around doing anything with funds. For instance, you usually need at least two people to approve any decisions—same as you would with bank tellers in a physical bank.”
The second system to which documents indicate both DOGE operatives at HUD have both read and write…
