Low income housing (71 - 80 of 116 items)
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...
Rural Rental Housing: Excessive Profits and Program Abuses in Multifamily Housing
T-RCED-92-63: Published: May 13, 1992. Publicly Released: May 13, 1992.
GAO discussed the Farmers Home Administration's (FmHA) Rural Rental Housing Program, focusing on whether: (1) developers are receiving more federal financial assistance than needed to encourage construction of multifamily housing projects; and (2) fraud and abuse exists within FmHA multifamily housing programs. GAO noted that: (1) developers receive more federal financial assistance than needed to...
Section 8 Budget Needs
RCED-92-187R: Published: May 12, 1992. Publicly Released: May 12, 1992.
GAO reviewed the Department of Housing and Urban Development's (HUD) budgetary needs for expiring section 8 certificate and voucher contracts for fiscal year (FY) 1993. GAO found that: (1) at the three HUD field offices reviewed, HUD estimated that it will need $237.8 million to renew expiring tenant-based section 8 certificate and voucher contracts; (2) the HUD estimate for tenant-based certifica...
Mortgage Credit Enhancements: Options for FHA in Meeting the Need for Affordable Multifamily Housing
T-RCED-92-52: Published: Apr 3, 1992. Publicly Released: Apr 3, 1992.
GAO discussed legislative or administrative actions that could improve the availability of mortgage financing for affordable multifamily housing through credit enhancements. GAO noted that: (1) the Federal Housing Administration (FHA) has historically been the federal government's principal provider of credit enhancements, but its insuring of mortgages has declined sharply in recent years from a h...
Manufactured Housing in New Mexico
RCED-92-91R: Published: Jan 31, 1992. Publicly Released: Mar 9, 1992.
GAO reviewed the Farmers Home Administration's (FmHA) manufactured housing program operated by one of its approved dealer-contractors in New Mexico, focusing on FmHA efforts to: (1) resolve homeowner complaints against the dealer-contractor; and (2) remove the dealer-contractor from future participation in government programs. GAO determined that: (1) the dealer-contractor's manufacturer inspected...
Housing and Community Development Products 1990-91
RCED-92-111: Published: Mar 1, 1992. Publicly Released: Mar 1, 1992.
GAO presented an index of reports and testimonies it issued between January 1990 and December 1991 related to housing and community development issues.GAO presented a brief synopsis of reports and testimonies relating to: (1) homeownership assistance; (2) rental and public housing; (3) homelessness; (4) community development; (5) small and minority businesses; and (6) disaster assistance...
Rental Housing: Implementing the New Federal Incentives to Deter Prepayments of HUD Mortgages
PEMD-91-2: Published: Apr 30, 1991. Publicly Released: May 30, 1991.
Pursuant to a congressional request, GAO provided information about the likelihood that owners of low- and moderate-income rental housing stock will seek prepayments of mortgages insured under the National Housing Act.GAO found that: (1) the precise number of properties eligible for prepayment was uncertain, ranging from a low of 334,000 family units to a high of 367,000; (2) the four studies it r...
Public Housing: Management Issues Pertaining to the Buffalo Municipal Housing Authority
RCED-91-70: Published: Mar 1, 1991. Publicly Released: Mar 27, 1991.
Pursuant to a congressional request, GAO reviewed the Buffalo Municipal Housing Authority's (BMHA): (1) voluntary 3-year compliance agreement with the Department of Housing and Urban Development (HUD) and whether it could correct leasing practices that violated title VI of the Civil Rights Act of 1964; (2) reasons for its high vacancy rate; and (3) justification for its high number of employees.GA...
Housing for the Elderly: HUD Policy Decisions Delay Section 202 Construction Starts
RCED-91-4: Published: Jan 14, 1991. Publicly Released: Feb 13, 1991.
Pursuant to a congressional request, GAO reviewed the Department of Housing and Urban Development's (HUD) processing of section 202 projects for constructing rental housing for the elderly and handicapped, focusing on: (1) increases in project processing time; (2) the need for additional sponsor contributions to cover project development costs; (3) field offices' interpretation of cost-containment...
Rental Housing: Inefficiencies From Combining Moderate Rehabilitation and Tax Credit Subsidies
RCED-90-168: Published: Jun 19, 1990. Publicly Released: Jun 29, 1990.
Pursuant to a congressional request, GAO provided information on the financial implications of combining subsidies under the Department of Housing and Urban Development's (HUD) Moderate Rehabilitation Program and the Department of the Treasury's Low-Income Housing Tax Credit Program.GAO found that: (1) developers for the eight projects it reviewed realized cash proceeds that exceeded their costs f...