Federal aid for housing (51 - 57 of 57 items)
Deconcentration of Low-Income Persons through Section 8 Housing Assistance
CED-78-181: Published: Oct 20, 1978. Publicly Released: Oct 20, 1978.
Under the Department of Housing and Urban Development's (HUD) Section 8 Housing Assistance Program, low-income families pay 15 percent to 25 percent of their incomes for rent, and HUD subsidizes the difference between the family's contribution and the rent charged by the landlord. HUD's efforts to avoid, through its Section 8 Housing Assistance Program, undue concentrations of lower-income persons...
Department of Housing and Urban Development Decision To Cancel 300 Units of Section 8 Housing for the Elderly in Harrisburg, Pennsylvania
CED-78-150: Published: Jul 17, 1978. Publicly Released: Jul 17, 1978.
Review of the recent Department of Housing and Urban Development (HUD) decision to cancel 300 units of section 8 housing for the elderly in Harrisburg, Pennsylvania, did not disclose any shortcomings in HUD's actions. While some evidence presented at the time the project was initially approved by HUD questioned the need for the project, there was no evidence which indicated that the decisionmaking...
Elimination of the Rent Credit Feature of the Section 8 Existing Housing Program
CED-78-117: Published: May 10, 1978. Publicly Released: May 10, 1978.
The Department of Housing and Urban Development (HUD) recently completed a nationwide study of the Section 8 Housing Assistance Program and is now considering the rent reduction incentive feature of the program. This feature was established to encourage participating families to find housing units at the lowest possible rent and to reduce federal subsidies by offering a reduction in the family's c...
HUD Needs To Better Assess Financial Soundness of Multifamily Residential Projects Before Insuring Them
CED-78-70: Published: Mar 29, 1978. Publicly Released: Mar 29, 1978.
The Department of Housing and Urban Development (HUD) began insuring multifamily housing projects in 1938 and, in 1954, began implementing subsidized multifamily housing programs to enable low- and moderate-income families to improve their housing conditions.Recently HUD has incurred many financial losses due to mortgage defaults, foreclosures, and assignments on its multifamily loan insurance pro...
Implementation of Revised Section 235 Homeownership Program
CED-78-16: Published: Nov 23, 1977. Publicly Released: Nov 23, 1977.
An inquiry was conducted into the Department of Housing and Urban Development's (HUD) implementation of the revised section 235 homeownership program. Since its inception in January 1976, the program has helped only 9,459 homebuyers, and only $21.3 million of the total $264.1 million in contract authority has been reserved or obligated. The Department's initial goal was to spend the $264.1 million...
Opportunities To Improve Audit Operations, Department of Housing and Urban Development
FGMSD-76-83: Published: Oct 19, 1976. Publicly Released: Oct 19, 1976.
Audit coverage of Department of Housing and Urban Development (HUD) grant programs in Washington and Oregon during fiscal years 1974-1976 was reviewed in terms of the Accounting and Auditing Act of 1950. This Act requires the head of each executive agency to establish and maintain appropriate audit capability to provide effective control over funds, property, and other assets. HUD audits had been...