Mortgage programs (31 - 40 of 42 items)
Farmers Home Administration Rural Housing Eligibility Procedures
RCED-83-188: Published: Jun 17, 1983. Publicly Released: Jun 17, 1983.
In response to a congressional request, GAO examined the Farmers Home Administration's (FmHA) procedures for determining the eligibility of geographic areas under rural housing programs.GAO found that FmHA criteria for defining a rural area are reasonable and practices followed by FmHA officials in the four areas reviewed are generally consistent with regulations and procedures. In the locations e...
Housing and Community Development: National Problems
CED-82-96: Published: Jun 28, 1982. Publicly Released: Jun 28, 1982.
GAO presented its perspective on major housing and community development issues facing the Nation and outlined its plan for addressing these issues during the next year.The study provided an overview of the areas which cover housing, community development, business assistance, and disaster assistance. In addition, GAO discussed: (1) the effectiveness of the Nation's efforts to house lower income f...
Duplicative and Unnecessary Renovations Made in the HUD-Subsidized Concord Commons Apartments in Rockford, IL
CED-82-67: Published: Apr 15, 1982. Publicly Released: Apr 26, 1982.
In response to a congressional request, GAO discussed duplicative and unnecessary repairs approved by the Department of Housing and Urban Development (HUD) at an apartment complex in Rockford, Illinois.Although HUD spent about $1 million to renovate more than half of the apartments at the complex during 1978 and 1979, all of the apartments are being renovated again by the Rockford Housing Developm...
Further Actions Needed To Improve Management of HUD Programs
CED-81-41: Published: Feb 26, 1981. Publicly Released: Feb 26, 1981.
GAO has made numerous recommendations in its reports on federal housing and community development programs to reduce costs and increase effectiveness. The actions of the Department of Housing and Urban Development (HUD) to implement these recommendations were reviewed.HUD has achieved cost savings and improved program operations by implementing many of the recommendations; however, no action has b...
Domestic Housing and Community Development Issues for Planning
CED-80-139: Published: Sep 24, 1980. Publicly Released: Sep 24, 1980.
Many serious housing and community development problems face the United States during the 1980's. The number of households will increase 19 percent during the 1980's, placing greater demand on the housing supply. Americans continue to migrate to the South and West, and increasingly to rural areas. Population redistribution is responsible for a wide range of present urban problems, such as the conc...
Ways of Providing a Fairer Share of Federal Housing Support to Rural Areas
CED-80-1: Published: Mar 28, 1980. Publicly Released: Mar 28, 1980.
GAO evaluated the accomplishments and shortcomings of Federal housing programs in rural America, particularly in the past 10 years. Areas of special concern included the geographic distribution of housing assistance, gaps in program benefits, and ways to improve the programs' effectiveness in providing opportunities for rural families to obtain decent homes. Eighteen counties in six States were se...
Domestic Housing and Community Development: Issues for Planning
CED-79-44: Published: Feb 5, 1979. Publicly Released: Feb 5, 1979.
The critical housing and community development issues facing the nation are identified. Of the 19 areas of concern, 8 are considered to be priority areas. The following housing-related priority areas are: evaluation of the nation's efforts to house lower-income families; minimizing subsidized housing operating costs and improving management; evaluation of federal efforts to encourage the productio...
HUD Processing of Department-Assisted Housing Project in Milford, Ohio
CED-79-7: Published: Jan 10, 1979. Publicly Released: Jan 10, 1979.
Oakwood Apartments in Milford, Ohio is a housing project subsidized by the Department of Housing and Urban Development. The project will receive rental and mortgage assistance for low income persons. GAO was requested to determine whether the local government was properly notified of the proposed project and whether the project must be located in a designated area, which was of concern to the loca...
What Was the Effect of the Emergency Housing Program on Single-Family Housing Construction?
CED-78-155: Published: Nov 21, 1978. Publicly Released: Nov 21, 1978.
The goal of the emergency housing program was to stabilize the housing market against cyclical downturns by increasing the supply of reasonably priced mortgage credit, thus increasing the demand for new homes.The emergency housing program for single-family homes has helped many to buy homes and has generated additional housing and jobs during a depressed period for the housing industry. However, m...
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...