Rental housing (81 - 90 of 137 items)
Issues Pertaining to the Management of the Buffalo Municipal Housing Authority
T-RCED-90-87: Published: Jun 9, 1990. Publicly Released: Jun 9, 1990.
GAO discussed concerns regarding the management of the Buffalo Municipal Housing Authority, including the: (1) effectiveness of a recently signed agreement between the Authority and the Department of Housing and Urban Development (HUD) to improve the racial balance of public housing developments; (2) reasons for the Authority's high vacancy rates; and (3) need for the current number of Authority e...
Potential Losses From the Rental Housing Inventory: Soundness of Current Estimates
T-PEMD-90-8: Published: Feb 28, 1990. Publicly Released: Feb 28, 1990.
GAO discussed its efforts to measure potential losses in federally subsidized units from low- and moderate-income rental housing. GAO noted that: (1) the actual effect of prepayments on the properties or tenants involved was unknown; (2) estimated probable losses were low and based on expected maximum losses; (3) prepayments could cause the loss of about 367,000 units from the housing inventory; (...
Use of Housing Subsidies
T-RCED-90-34: Published: Feb 27, 1990. Publicly Released: Feb 27, 1990.
GAO discussed the Department of Housing and Urban Development's (HUD) Section 8 Moderate Rehabilitation Program, focusing on: (1) its analysis of one project; and (2) the financial ramifications and the associated impact on low-income families of using the program and tax credits. GAO noted that: (1) the developer used subsidies under the program and tax credits to generate substantial cash flows;...
Improving the Efficiency of Federal Housing Subsidies
T-RCED-89-72: Published: Sep 29, 1989. Publicly Released: Sep 29, 1989.
GAO discussed S. 980, a bill which would improve the effectiveness of the low-income housing tax credit. GAO found that: (1) the lack of centralized review of the financial assistance awarded to individual housing projects allowed developers to realize cash proceeds greater than their costs for acquiring and rehabilitating the projects; (2) the Moderate Rehabilitation and Tax Credit Programs were...
Project Developer Cash Flows Under HUD's Section 8 Moderate Rehabilitation Program
T-RCED-89-58: Published: Aug 2, 1989. Publicly Released: Aug 2, 1989.
GAO discussed the Department of Housing and Urban Development's (HUD) Section 8 Moderate Rehabilitation Program, focusing on why developers were willing to pay substantial consultant fees to win projects. GAO found that: (1) developers received substantial funds above their acquisition costs to rehabilitate low-income housing projects; (2) combining proceeds from the sales of income tax credits wi...
Public Housing: HUD Oversight of the Annapolis Housing Authority
RCED-89-145: Published: Jun 5, 1989. Publicly Released: Jun 20, 1989.
In response to a congressional request, GAO assessed the adequacy of the Department of Housing and Urban Development's (HUD) oversight of the Annapolis, Maryland, Housing Authority, focusing on why: (1) HUD did not complete an overall management review between 1985 and 1988; and (2) the Housing Authority's operating reserves have declined sharply since 1986.GAO found that: (1) the HUD Baltimore fi...
Public Housing: Chicago Housing Authority Taking Steps to Address Long-standing Problems
RCED-89-100: Published: Jun 8, 1989. Publicly Released: Jun 16, 1989.
In response to a congressional request, GAO reviewed the Chicago Housing Authority's (CHA) operations to assess: (1) the extent and nature of identified problems; (2) Department of Housing and Urban Development's (HUD) oversight of CHA management; (3) the status of a 1987 agreement between HUD and CHA that averted a threatened HUD takeover; and (4) CHA progress in resolving its widespread problems...
Rental Housing: Housing Vouchers Cost More Than Certificates but Offer Added Benefits
RCED-89-20: Published: Feb 16, 1989. Publicly Released: Mar 2, 1989.
Pursuant to a congressional request, GAO provided information on the: (1) costs of the Department of Housing and Urban Development's (HUD) section 8 existing certificate and housing voucher programs; and (2) adequacy of HUD fair-market rents and their impact on tenant rent burdens.GAO found that: (1) although the voucher and certificate programs had the similar goal of subsidizing private rental h...
138538: Jan 1, 1989
This article, which appeared in the GAO Journal, No. 5, Spring 1989, describes new initiatives by public and private partnerships to meet the U.S. need for low-income housing. State, local, and federal changes in tax incentives have helped community development corporations and nonprofit housing organizations to create more affordable housing and a new housing delivery system through new financing...
The Crisis in Affordable Housing
138536: Jan 1, 1989
This article, which appeared in the GAO Journal, No. 5, Spring 1989, discusses the increase of homelessness in the United States as well as the decline in the amount of affordable housing. While the Homeless Assistance Act is providing some short-term, crisis-oriented assistance, collaborative, long-term, and more extensive approaches are necessary to address the problems leading to an increasing...