Housing (31 - 40 of 115 items)
Multifamily Housing: Issues Related to Mark-to-Market Program Reauthorization
GAO-01-800: Published: Jul 11, 2001. Publicly Released: Jul 11, 2001.
The Office of Multifamily Housing Assistance Restructuring (OMHAR) administers the mark-to-market program, which was created to preserve the affordability of low-income rental housing while reducing the long-term costs of Section 8 project-based assistance. Legislative authorization for both the mark-to-market program and OMHAR is scheduled to terminate on September 30, 2001. If the legislative au...
HUD Inspector General: Actions Needed to Strengthen Management and Oversight of Operation Safe Home
GAO-01-794: Published: Jun 29, 2001. Publicly Released: Jun 29, 2001.
This report reviews the Department of Housing and Urban Development's (HUD) efforts to combat violent crime and drug trafficking in public housing through Operation Safe Home. GAO found that Operation Safe Home lacks the necessary information systems and management controls to ensure that HUD's Office of Inspector General (OIG) can readily monitor the obligation and expenditure of funds and track...
Housing and Urban Development: Comments on HUD's Fiscal Year 2002 Budget Request
GAO-01-663T: Published: Apr 25, 2001. Publicly Released: Apr 25, 2001.
GAO discussed the Department of Housing and Urban Development's (HUD) fiscal year 2002 budget request. Because HUD's 2002 budget request was released only two weeks before this testimony, GAO could only offer a general discussion of the budget's policy policy implications and program trade-offs. GAO found that, in recent years, HUD has had significant unexpended balances, making it difficult for C...
Mortgage Financing: FHA's Fund Has Grown, but Options for Drawing on the Fund Have Uncertain Outcomes
GAO-01-460: Published: Feb 28, 2001. Publicly Released: Mar 19, 2001.
The Mutual Mortgage Insurance Fund has maintained an economic value of at least two percent of the Fund's insurance-in-force, as required by law. GAO's and the Department of Housing and Urban Development's (HUD) analysis show that the Fund had an economic value of $15.8 billion (3.20 percent) and $16.6 billion (3.66 percent), respectively. Given the economic value of the Fund and the state of the...
Public Housing: HUD Needs Better Information on Housing Agencies' Management Performance
GAO-01-94: Published: Nov 9, 2000. Publicly Released: Nov 20, 2000.
To improve its oversight of housing agencies, the Department of Housing and Urban Development (HUD) implemented its Public Housing Assessment System (PHAS). PHAS provides HUD with a system to measure the performance of its housing agencies. GAO found that the effectiveness of HUD's ability to measure housing agencies' performance under PHAS has not been greatly improved for several reasons. First,...
Rural Housing: Options for Optimizing the Federal Role in Rural Housing Development
RCED-00-241: Published: Sep 15, 2000. Publicly Released: Oct 16, 2000.
Pursuant to a congressional request, GAO provided information on rural housing programs, focusing on: (1) the physical condition of today's rural housing and rural households' access to affordable housing credit; (2) the rural housing programs offered by the Department of Agriculture's (USDA) Rural Housing Service (RHS) and the ways in which RHS' programs have adapted to changes in the level of fe...
Single-Family Housing: Stronger Oversight of FHA Lenders Could Reduce HUD's Insurance Risk
RCED-00-112: Published: Apr 28, 2000. Publicly Released: Jun 26, 2000.
Pursuant to a congressional request, GAO provided information on the Department of Housing and Urban Development's (HUD) oversight of lenders participating in its Federal Housing Administration's (FHA) mortgage insurance programs for single-family homes, focusing on: (1) how HUD ensures that lenders granted direct endorsement authority by FHA are qualified to receive such authority; (2) the extent...
Single-Family Housing: Stronger Measures Needed to Encourage Better Performance by Management and Marketing Contractors
RCED-00-117: Published: May 12, 2000. Publicly Released: May 16, 2000.
Pursuant to a congressional request, GAO provided information on the Department of Housing and Urban Development's (HUD) management and marketing contracts of single-family housing, focusing on HUD's: (1) experience with the contractors who manage and market these properties; and (2) progress in reducing its single-family property inventory.GAO noted that: (1) the central focus of HUD's management...
Credit Reform: HUD's Fiscal Year 2000 Credit Subsidy Budget Estimates Were Reasonable, But Could Have Been Improved
AIMD-00-60R: Published: Jan 14, 2000. Publicly Released: Jan 14, 2000.
GAO provided information on the Federal Housing Administration's credit subsidy budget estimates used to formulate the President's fiscal year (FY) 2000 budget to determine whether: (1) these estimates were reasonable; and (2) any changes need to be made to the credit subsidy estimation process to ensure that future budget estimates are reasonable.GAO noted that: (1) the estimates of loan program...
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...