Housing (61 - 70 of 70 items)
HUD Should Improve Its Management of Acquired, Formerly Subsidized Multifamily Projects
CED-80-31: Published: Dec 19, 1979. Publicly Released: Jan 2, 1980.
The Department of Housing and Urban Development (HUD) has changed the way it charges rent at, and sells, its inventory of formerly subsidized multifamily housing projects. It charges lower income tenants no more than 25 percent of their income for rent in HUD-owned projects. It then provides rental assistance after the projects are sold. The changes have resulted in substantial additional costs to...
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...
Section 236 Rental Housing: An Assessment of HUD's Comments on GAO's Evaluations
PAD-78-62: Published: Apr 20, 1978. Publicly Released: Apr 20, 1978.
A report issued in January 1978 comprehensively evaluated the section 236 rental assistance program and made recommendations to Congress and the Department of Housing and Urban Development (HUD) which would ensure that moderate income households receive a reasonable share of future housing assistance. The report concluded that the section 236 program had been successful in producing quality housin...
Substandard Indian Housing Increases Despite Federal Efforts: A Change Is Needed
CED-78-63: Published: Mar 31, 1978. Publicly Released: Mar 31, 1978.
Federal programs for Indian housing are administered by the Department of Housing and Urban Development (HUD), the Bureau of Indian Affairs (BIA), and the Farmers Home Administration (FmHA). In 1971, GAO reported to the Congress that progress in eliminating substandard Indian housing was slow and that, unless the housing program was accelerated, thousands of Indian families would continue to live...
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...
Stronger Federal Enforcements Needed To Uphold Fair Housing Laws
CED-78-21: Published: Feb 2, 1978. Publicly Released: Feb 2, 1978.
Fair housing activities of federal agencies are largely covered by two civil rights acts. A review of the compliance and enforcement activities of federal housing agencies showed that their efforts have not been effective in identifying and eliminating discriminatory practices and seeking timely and appropriate settlements of complaints.Applicants seeking housing under the Department of Housing an...
Section 236 Rental Housing: An Evaluation with Lessons for the Future
PAD-78-13: Published: Jan 10, 1978. Publicly Released: Jan 10, 1978.
The Section 236 Rental Assistance Program provided new and rehabilitated rental housing to low and moderate income tenants. This program, along with other housing initiatives, was created in 1968 to boost the nation's existing housing supply. It joined Federal Housing Administration mortgage insurance with a direct mortgage interest subsidy, the usual tax incentives for residential development, an...
Department of Housing and Urban Development Unresponsive to Multifamily Housing Real Estate Tax Problems
CED-77-125: Published: Sep 27, 1977. Publicly Released: Sep 27, 1977.
Although the Department of Housing and Urban Development (HUD) has been able to reduce real estate taxes sporadically through local appeal actions, it has been unresponsive generally to real estate tax problems of multifamily housing projects. The lack of a program to verify that taxes assessed on HUD-insured projects are fair and equitable has resulted in payment of excessive taxes and approval o...
Aspects of Section 8 Fair Market Rents for New Construction in Lancaster, Pennsylvania
CED-77-84: Published: Jun 16, 1977. Publicly Released: Jun 16, 1977.
A review was made of the adequacy of documentation of the Department of Housing and Urban Development (HUD) to support the fair market rent schedules published in the Federal Register on April 6, 1976, for new construction and rehabilitation in Lancaster County, Pennsylvania.In general, there was an absence of documentation supporting the April 1976 fair market rent determinations for the Lancaste...
Department of Defense's Compliance with Public Law 92-545
CED-77-35: Published: Jan 31, 1977. Publicly Released: Jan 31, 1977.
Under P.L. 92-545, the Department of Defense (DOD) owned family housing can be declared inadequate for public quarters and rented to military personnel with an appropriate reduction of basic allowance for quarters (BAQ). GAO performed a review of housing management at five DOD installations.The installations studied were not ensuring that income from operating inadequate family housing covered exp...