Housing programs (41 - 50 of 90 items)
Multifamily Housing: Information on Projects Eligible for Preservation Assistance
RCED-94-177FS: Published: Apr 15, 1994. Publicly Released: Apr 15, 1994.
Pursuant to a congressional request, GAO provided information on the distribution and funding for the Department of Housing and Urban Development's (HUD) multifamily housing preservation program.GAO found that: (1) by 2021, 3,555 project owners will be eligible to participate in the preservation incentive program; (2) 95 percent of all low-income units will be eligible for prepayment by fiscal yea...
Housing Issues: The Housing and Community Development Act of 1994
T-RCED-94-148: Published: Mar 10, 1994. Publicly Released: Mar 10, 1994.
GAO discussed the various impacts of H.R. 3838, the Housing and Community Development Act. GAO noted that: (1) the act could improve monitoring, foster community economic development, and decrease loan defaults by increasing the number of grants available; (2) the act would increase homelessness assistance funding and promote program consolidation; (3) although the act would further promote the me...
Homeownership: Actuarial Soundness of FHA's Single-Family Mortgage Insurance Program
T-RCED-93-64: Published: Jul 27, 1993. Publicly Released: Jul 27, 1993.
GAO discussed the actuarial soundness of the Mutual Mortgage Insurance Fund, which is administered by the Federal Housing Administration (FHA). GAO noted: (1) poor program management, waste, fraud, and abuse have contributed to the losses sustained by the fund; (2) the absence of internal controls over FHA single-family property disposition management systems has allowed private real estate agents...
Multifamily Housing: Impediments to Disposition of Properties Owned by the Department of Housing and Urban Development
T-RCED-93-37: Published: May 12, 1993. Publicly Released: May 12, 1993.
GAO discussed the impediments to the sale of Department of Housing and Urban Development (HUD) multi-family property. GAO noted that: (1) the shortage of project-based federal housing preservation funding was the most significant impediment to the HUD multi-family property disposition program; (2) federal housing law requires that HUD preserve housing for 15 years; (3) the annual cost of preservin...
VA Housing Loan Program
RCED-93-129R: Published: Mar 29, 1993. Publicly Released: Apr 9, 1993.
Pursuant to a congressional request, GAO reviewed an independent report on the Department of Veterans Affairs' (VA) Home Loan Guaranty Program, focusing on whether the: (1) report's recommendations were supported by sufficient evidence; and (2) report contained factual errors or analytical weaknesses. GAO found that: (1) the report did not adequately support 6 of the 7 recommendations with suffici...
Housing and Community Development Issues
OCG-93-22TR: Published: Dec 1, 1992. Publicly Released: Dec 1, 1992.
Pursuant to a congressional request, GAO summarized issues relating to housing and community development.GAO noted that housing and community development issues included: (1) providing affordable housing for the nation's poor; (2) strengthening the Department of Housing and Urban Development's management; (3) controlling housing loan and lead-based paint cost exposure; (4) promoting community deve...
Resolution Trust Corporation: More Actions Needed to Improve Single-Family Affordable Housing Program
GGD-92-136: Published: Sep 29, 1992. Publicly Released: Sep 29, 1992.
GAO reviewed: (1) the Resolution Trust Corporation's (RTC) progress in selling single-family houses under its Affordable Housing Disposition Program; and (2) whether RTC controls are adequate to ensure that qualified purchasers buy and occupy the homes.GAO found that: (1) RTC lacks a consistent verification program to ensure that it sells homes only to eligible buyers; (2) the lack of complete, re...
Property Disposition: Information on Federal Single-Family Properties
RCED-91-69: Published: Mar 29, 1991. Publicly Released: Apr 9, 1991.
Pursuant to a congressional request, GAO reviewed single-family property disposition activities of the Federal Housing Administration (FHA), the Department of Veterans Affairs (VA), the Farmers Home Administration (FmHA), and the Resolution Trust Corporation (RTC), focusing on: (1) the number of single-family properties acquired and sold, the losses associated with those sales, and current invento...
Federal Housing Administration: Monitoring of Single Family Mortgages Needs Improvement
RCED-91-11: Published: Feb 7, 1991. Publicly Released: Feb 7, 1991.
GAO reviewed the Federal Housing Administration's (FHA) Section 203(b) mortgage insurance program for single family homes, focusing on how FHA field offices monitored the processing and approval of program participant applications.GAO found that: (1) because FHA lacked a comprehensive description of monitoring program activities, GAO identified and reviewed 25 monitoring activities which FHA used...
Partnership Projects: A Framework for Evaluating Public-Private Housing and Development Efforts
PEMD-90-9: Published: May 22, 1990. Publicly Released: May 22, 1990.
Pursuant to a congressional request, GAO provided information on a framework for evaluating the success of public-private partnerships in housing and community development.GAO found that: (1) the need for a project could be considered in terms of the difference between existing and desirable conditions; (2) the partnership might identify the geographic area or target population served by a project...