Low income housing (51 - 60 of 116 items)
Multifamily Housing: HUD's Proposal to Restructure Its Portfolio
T-RCED-95-226: Published: Jun 13, 1995. Publicly Released: Jun 13, 1995.
GAO discussed the Department of Housing and Urban Development's (HUD) proposal to restructure its multifamily housing portfolio. GAO noted that: (1) HUD pays higher costs than necessary to subsidize properties and sets lower rents than required to maintain properties' physical condition; (2) HUD has proposed to replace project-based assistance with tenant-based assistance and restructure mortgages...
Housing Finance: Improving the Federal Home Loan Bank System's Affordable Housing Program
RCED-95-82: Published: Jun 9, 1995. Publicly Released: Jun 9, 1995.
Pursuant to a legislative requirement, GAO reviewed the Federal Home Loan (FHL) Bank System's implementation of the Affordable Housing Program (AHP), focusing on: (1) how the program's funds have been used to support affordable housing initiatives; (2) how the program has been administered; and (3) what opportunities exist for program improvement.GAO found that: (1) the FHL Bank System provided ne...
HUD Management: FHA's Multifamily Loan Loss Reserves and Default Prevention Efforts
RCED/AIMD-95-100: Published: Jun 5, 1995. Publicly Released: Jun 5, 1995.
Pursuant to a legislative requirement, GAO reviewed the adequacy of the loan loss reserves covering the Federal Housing Administration's (FHA) multifamily loan portfolio, focusing on the: (1) methodology FHA used to establish loan loss reserves for its fiscal year (FY) 1993 portfolio; (2) benefit of creating a new insurance fund for all new multifamily housing insurance commitments; and (3) Depart...
RCED-95-167R: Published: May 18, 1995. Publicly Released: May 18, 1995.
Pursuant to a congressional request, GAO provided information on the Department of Housing and Urban Development's (HUD) rental assistance programs, focusing on the potential for assisted households to move toward or achieve economic self-sufficiency. GAO noted that based on samples of 1989 data: (1) HUD-assisted renters' median age was 50 years, with 29 percent 34 years or younger, 36 percent bet...
Housing and Community Development Products, 1992-94
RCED-95-61W: Published: May 1, 1995. Publicly Released: May 1, 1995.
GAO published an index of reports and testimonies issued from January 1992 through December 1994 and a brief summary of reports and testimonies relating to: (1) public and assisted housing; (2) mortgage financing and home ownership; (3) Department of Housing and Urban Development management; (4) homelessness; (5) community development; (6) disaster assistance; (7) small business; and (8) other rel...
Housing and Urban Development: Reform and Reinvention Issues
T-RCED-95-129: Published: Mar 14, 1995. Publicly Released: Mar 14, 1995.
GAO discussed the budget and management problems facing the Department of Housing and Urban Development (HUD), focusing on the: (1) long-standing management deficiencies and HUD progress in addressing them; (2) problems in public and assisted housing programs; (3) challenges that HUD faces in restructuring its programs; and (4) questions that should be addressed in considering future housing and c...
Housing and Urban Development: Major Management and Budget Issues
T-RCED-95-89: Published: Jan 24, 1995. Publicly Released: Jan 24, 1995.
GAO discussed the Department of Housing and Urban Development's (HUD) budget and management problems. GAO noted that: (1) HUD effectiveness is hampered by long-standing internal control weaknesses, an ineffective organizational structure, an insufficient mix of properly skilled staff, and inadequate information and financial management systems; (2) HUD has made slow progress in addressing its mana...
Estimating Preservation Program's Cost
RCED-95-48R: Published: Nov 17, 1994. Publicly Released: Nov 17, 1994.
Pursuant to a congressional request, GAO examined the Department of Housing and Urban Development's (HUD) computer model for estimating its low-income housing preservation program costs, focusing on the model's ability to make reliable annual budget estimates for the preservation program. GAO noted that: (1) the model cannot reliably estimate the program's annual funding needs, primarily because i...
RTC Affordable Housing Open House
GGD-95-23R: Published: Oct 31, 1994. Publicly Released: Oct 31, 1994.
Pursuant to a congressional request, GAO provided information on the Resolution Trust Corporation's (RTC) Affordable Housing Disposition Program's (AHDP) open house held on May 11, 1993. GAO noted that: (1) the purpose of the open house was to highlight AHDP successes and provide information on single and multifamily property sales to new congressional members and staff, newly appointed federal ag...
Federally Assisted Housing: Expanding HUD's Options for Dealing with Physically Distressed Properties
T-RCED-95-38: Published: Oct 6, 1994. Publicly Released: Oct 6, 1994.
GAO discussed the effects of the Department of Housing and Urban Development's (HUD) Section 8 project-based assisted housing programs on two physically distressed properties in the District of Columbia and Chicago, focusing on the: (1) costs of rehabilitating the two properties compared with the costs of other alternatives for housing the tenants; (2) views of tenants and community leaders on the...