Economic development (1 - 10 of 44 items)
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...
HUD Has Identified Performance Measures for Its Block Grant Programs, but Information on Impact Is Limited
GAO-12-575R: Published: May 15, 2012. Publicly Released: May 15, 2012.
Information on the overall effectiveness (or impact) of the CDBG and HOME programs is limited. According to HUD officials, the agency has faced challenges in evaluating the impact of CDBG and HOME because, among other things, such an evaluation would have to compare neighborhoods that received program assistance with those that did not. Our previous work has also identified the difficulties of eva...
HUD's Fiscal Year 2000 Budget Request: Additional Analysis and Justification Needed for Some Programs
RCED-99-251: Published: Sep 3, 1999. Publicly Released: Oct 20, 1999.
Pursuant to a congressional request, GAO reviewed the Department of Housing and Urban Development's (HUD) fiscal year (FY) 2000 budget request, focusing on: (1) whether HUD has the capacity to implement, and adequate justification to support, the new or significantly expanded programs and initiatives included in its budget request; (2) the potential for HUD to use available unexpended balances in...
Section 8 Project-Based Rental Assistance: HUD's Processes for Evaluating and Using Unexpended Balances Are Ineffective
RCED-98-202: Published: Jul 22, 1998. Publicly Released: Jul 22, 1998.
Pursuant to a legislative requirement, GAO reviewed the Department of Housing and Urban Development's (HUD) systems for budgeting and accounting for Section 8 rental assistance funds, focusing on whether the systems ensure that unexpended Section 8 project-based funds do not reach unreasonable levels and that obligations are spent in a timely manner.GAO noted that: (1) as of September 30, 1997, HU...
Housing and Urban Development: Use and Oversight of the Economic Development Loan Fund
RCED-97-195: Published: Aug 20, 1997. Publicly Released: Aug 27, 1997.
Pursuant to a congressional request, GAO examined how changes to the Department of Housing and Urban Development's (HUD) Economic Development Loan Fund have affected the program, focusing on: (1) the extent to which communities are using the loan fund; (2) factors affecting communities' willingness to use the fund; (3) the types of projects being financed with loan proceeds; and (4) HUD's procedur...
Housing Finance: Improving the Federal Home Loan Bank System's Affordable Housing Program
RCED-95-82: Published: Jun 9, 1995. Publicly Released: Jun 9, 1995.
Pursuant to a legislative requirement, GAO reviewed the Federal Home Loan (FHL) Bank System's implementation of the Affordable Housing Program (AHP), focusing on: (1) how the program's funds have been used to support affordable housing initiatives; (2) how the program has been administered; and (3) what opportunities exist for program improvement.GAO found that: (1) the FHL Bank System provided ne...
Coast Guard: Housing Acquisition Needs Have Not Been Adequately Justified
RCED-92-159: Published: May 19, 1992. Publicly Released: May 19, 1992.
Pursuant to a congressional request, GAO assessed the Coast Guard's nine housing acquisition projects from 1990 through 1992 to determine whether the Coast Guard followed requirements to: (1) demonstrate the existence of a housing shortage; (2) ensure that it selects the least costly alternative for providing housing to its members; and (3) periodically reassess the local housing market.GAO found...
Federal Agricultural Mortgage Corporation: Potential Role in the Delivery of Credit for Rural Housing
RCED-91-180: Published: Aug 7, 1991. Publicly Released: Aug 7, 1991.
Pursuant to a congressional request, GAO provided information on the: (1) Federal Agricultural Mortgage Corporation's (Farmer Mac) actions to establish a secondary market for rural housing loans, including the development of standards to govern the quality of those loans; (2) Farmer Mac's potential role in facilitating the delivery of credit for rural housing; and (3) barriers Farmer Mac may face...
Public Housing: Management Issues Pertaining to the Buffalo Municipal Housing Authority
RCED-91-70: Published: Mar 1, 1991. Publicly Released: Mar 27, 1991.
Pursuant to a congressional request, GAO reviewed the Buffalo Municipal Housing Authority's (BMHA): (1) voluntary 3-year compliance agreement with the Department of Housing and Urban Development (HUD) and whether it could correct leasing practices that violated title VI of the Civil Rights Act of 1964; (2) reasons for its high vacancy rate; and (3) justification for its high number of employees.GA...
Housing for the Elderly: HUD Policy Decisions Delay Section 202 Construction Starts
RCED-91-4: Published: Jan 14, 1991. Publicly Released: Feb 13, 1991.
Pursuant to a congressional request, GAO reviewed the Department of Housing and Urban Development's (HUD) processing of section 202 projects for constructing rental housing for the elderly and handicapped, focusing on: (1) increases in project processing time; (2) the need for additional sponsor contributions to cover project development costs; (3) field offices' interpretation of cost-containment...