Communities (21 - 30 of 37 items)
Duplicative and Unnecessary Renovations Made in the HUD-Subsidized Concord Commons Apartments in Rockford, IL
CED-82-67: Published: Apr 15, 1982. Publicly Released: Apr 26, 1982.
In response to a congressional request, GAO discussed duplicative and unnecessary repairs approved by the Department of Housing and Urban Development (HUD) at an apartment complex in Rockford, Illinois.Although HUD spent about $1 million to renovate more than half of the apartments at the complex during 1978 and 1979, all of the apartments are being renovated again by the Rockford Housing Developm...
Additional Efforts Are Needed To Minimize Lease Guarantee Losses
CED-82-57: Published: Apr 6, 1982. Publicly Released: Apr 6, 1982.
GAO evaluated the Small Business Administration's (SBA) efforts to minimize losses of lease guarantee defaults.GAO found that, for the majority of default cases, lease guarantee losses are minimized through re-rentals or settlements. However, the SBA efforts to manage some lease guarantee defaults have not been adequate to assure that its losses are minimized. SBA standard operating procedures req...
District Could Get More for Urban Renewal Property, but HUD Debt Will Be Repaid
GGD-82-32: Published: Mar 8, 1982. Publicly Released: Mar 10, 1982.
GAO was requested to examine selected aspects of the District of Columbia's urban renewal property disposition activity.The review showed that District urban renewal property sales should generate sufficient revenues to satisfy the remaining indebtedness to the Department of Housing and Urban Development (HUD). However, GAO is not certain that the District is receiving the best possible price for...
Cooperative Extension Service's Mission and Federal Role Need Congressional Clarification
CED-81-119: Published: Aug 21, 1981. Publicly Released: Aug 21, 1981.
The Cooperative Extension Service is the largest education system of its kind in the world. It is active in rural, suburban, and urban communities and, in addition to agricultural and home economics programs, offers programs in social and economic problems and cultural, recreational, and leisure-time activities. The Extension Service was established in 1914 primarily to provide farmers with inform...
The Community Development Block Grant Program Can Be More Effective in Revitalizing the Nation's Cities
CED-81-76: Published: Apr 30, 1981. Publicly Released: May 4, 1981.
The Community Development Block Grant Program allows cities to undertake a wide variety of activities to provide decent housing, jobs, and neighborhoods for their residents. Funds can be used for the acquisition and disposition of property, street improvements, water and sewer facilities, the rehabilitation of private properties, public services and parks, playgrounds, and other recreational facil...
Similar Business Assistance Programs of Two Federal Agencies Have Potential for Duplication
CED-81-26: Published: Dec 31, 1980. Publicly Released: Jan 30, 1981.
The university-based management and technical assistance programs administered by the Small Business Administration (SBA) and the Economic Development Administration (EDA) were reviewed. Comparisons were made of the similarities, differences, and possible duplications between the programs.The problem-solving or counseling assistance provided under both programs is alike in many respects. The EDA p...
Most Borrowers of Economic Opportunity Loans Have Not Succeeded in Business
CED-81-3: Published: Dec 8, 1980. Publicly Released: Dec 8, 1980.
The Small Business Administration (SBA) Economic Opportunity Loan Program (EOL) has been a means for sustained economic progress for relatively few borrowers. The program originated with the Economic Opportunity Act as a part of the war on poverty. Today, it is part of a larger SBA effort involving several programs to help socially and/or economically disadvantaged people create and maintain small...
Farmers Home Administration: Emergency Loan Processing Procedures in Stanislaus County, California
CED-80-64: Published: Mar 3, 1980. Publicly Released: Apr 4, 1980.
The Farmers Home Administration (FmHA) Emergency Loan Program is administered by FmHA county offices located throughout the United States. The program's basic objective is to provide financial assistance to farmers after they have sustained severe losses as a result of a disaster. An audit of the FmHA Emergency Loan Program was undertaken to determine whether the loan processing regulations govern...
The Cooperative Extension Service Should Provide Farmers With More Information on Farm Credit Sources
CED-80-45: Published: Feb 27, 1980. Publicly Released: Feb 27, 1980.
Farmers are finding more than ever that borrowing is a necessity. However, information on sources of credit, interest rates and terms, and how to apply for farm credit is available only on a piecemeal basis from lenders, the Cooperative Extension Service, and other sources. While the supply of credit from the numerous farm lenders has generally been adequate to meet the needs of qualified borrower...
The Surety Bond Guarantee Program: Significant Changes Are Needed in its Management
CED-80-34: Published: Dec 27, 1979. Publicly Released: Feb 11, 1980.
The Surety Bond Guarantee Program of the Small Business Administration (SBA) was established to guarantee up to 90 percent of a surety company's losses on bonds issued to small businesses which could not obtain bonding without the guarantee. From its inception in 1971, the program guaranteed more than 91,000 contracts totaling $6.3 billion. GAO evaluated the management of the program.SBA has not m...