Census (1 - 10 of 27 items) in Custom Date Range
Home Mortgage Guarantees: Issues to Consider in Evaluating Opportunities to Consolidate Two Overlapping Single-Family Programs
GAO-16-801: Published: Sep 29, 2016. Publicly Released: Oct 31, 2016.
GAO's comparison of single-family home purchase loans guaranteed by the Rural Housing Service (RHS) and the Federal Housing Administration (FHA) in fiscal years 2010–2014 identified significant overlap and some differences in the borrowers served. Within statutorily defined rural areas (RHS-eligible areas):Both agencies served large numbers of rural borrowers, but FHA served over 35 percent more...
Community Development Block Grants: Sources of Data on Community Income Are Limited
GAO-16-734: Published: Sep 6, 2016. Publicly Released: Sep 6, 2016.
The Department of Housing and Urban Development's (HUD) and states' primary method for communities to demonstrate eligibility when they disagree with HUD's eligibility determination is to allow communities to conduct their own local income surveys to show that they meet the Community Development Block Grant (CDBG) income threshold. HUD instructs small communities, known as nonentitlement communiti...
Data Use and Regulatory Status of the Indian Housing Block Grant Program
GAO-15-353R: Published: Mar 10, 2015. Publicly Released: Apr 9, 2015.
Allocations for the Indian Housing Block Grant (IHBG) program, administered by the Department of Housing and Urban Development (HUD), are based on a funding formula that accounts for, among other things, housing stock (the costs of operating and modernizing HUD-funded housing units developed prior to the enactment of the Native American Housing Assistance and Self-Determination Act of 1996) and po...
Manufactured Housing Standards: Testing and Performance Evaluation Could Better Ensure Safe Indoor Air Quality
GAO-13-52: Published: Oct 24, 2012. Publicly Released: Oct 24, 2012.
Key standards for manufactured homes provide a lower margin of safety against a carbon monoxide exposure incident than those for site-built homes, which are constructed at their permanent locations. For instance, the Department of Housing and Urban Development (HUD) Code requires a minimum 3-foot separation between air intakes and exhaust vents, while industry standards for site-built homes have r...
Vacant Properties: Growing Number Increases Communities' Costs and Challenges
GAO-12-34: Published: Nov 4, 2011. Publicly Released: Dec 6, 2011.
Vacant and unattended residential properties can attract crime, cause blight, and pose a threat to public safety. While homeowners or mortgage owners--including the mortgage servicers that administer loans on behalf of loan owners--are responsible for maintaining vacant properties with mortgages undergoing foreclosure, the costs local governments incur to mitigate any unsafe conditions can be sign...
Loan Performance and Negative Home Equity in the Nonprime Mortgage Market
GAO-10-146R: Published: Dec 16, 2009. Publicly Released: Jan 13, 2010.
As GAO reported to Congress in July 2009, the number of nonprime mortgage originations (including subprime and Alt-A loans) grew rapidly from 2000 through 2006, a period during which average house prices appreciated dramatically. In dollar terms, the nonprime share of mortgage originations rose from about 12 percent ($125 billion) in 2000 to approximately 34 percent ($1 trillion) in 2006. These mo...
Federal Housing Administration: Decline in the Agency's Market Share Was Associated with Product and Process Developments of Other Mortgage Market Participants
GAO-07-645: Published: Jun 29, 2007. Publicly Released: Jun 29, 2007.
The Federal Housing Administration (FHA) historically has been an important participant in the mortgage market, which includes loans that carry government insurance or guarantees (such as FHA-insured mortgages) and those that do not (conventional mortgages). The conventional market comprises prime loans for the most creditworthy borrowers and subprime loans for borrowers with impaired credit. Redu...
Rental Housing: HUD Can Improve Its Process for Estimating Fair Market Rents
GAO-05-342: Published: Mar 31, 2005. Publicly Released: May 2, 2005.
The Department of Housing and Urban Development (HUD) annually estimates fair market rents (FMR) for standard quality rental units throughout the United States. Among other uses, FMRs help determine subsidies for almost 2 million low-income families in the nation's largest rental assistance program. However, concerns exist that FMRs can be inaccurate--often, too low, preventing program participant...
Rural Housing: Changing the Definition of Rural Could Improve Eligibility Determinations
GAO-05-110: Published: Dec 3, 2004. Publicly Released: Jan 3, 2005.
Rural America has become more diverse: technology and the spread of suburbia have linked rural areas to urban areas, resulting in diminished distinctions between the two. The Rural Housing Service (RHS) applies statutory requirements for eligibility that may not reflect changes in rural areas or best determine which areas qualify for its housing programs. GAO's objectives included assessments of h...
American Community Survey: Key Unresolved Issues
GAO-05-82: Published: Oct 7, 2004. Publicly Released: Nov 8, 2004.
The Congress asked GAO to review operational and programmatic aspects of the Census Bureau's ACS that will affect the reliability of small geographic area data. The ACS will be a mail survey of about 3 million households annually, whose results will be cumulated over 5 years to produce estimates that will replace information previously provided by the Decennial Census long form. In addition, annua...