Low income housing (21 - 30 of 308 items)
Rental Housing: Information on Low-Income Veterans' Housing Conditions and Participation in HUD's Programs
GAO-07-1012: Published: Aug 17, 2007. Publicly Released: Aug 17, 2007.
Veterans returning from service in Iraq and Afghanistan could increase demand for affordable rental housing. Households with low incomes (80 percent or less of the area median income) generally are eligible to receive rental assistance from the Department of Housing and Urban Development's (HUD) housing choice voucher, public housing, and project-based programs. However, because rental assistance...
Project-Based Rental Assistance: HUD Should Update Its Policies and Procedures to Keep Pace with the Changing Housing Market
GAO-07-290: Published: Apr 11, 2007. Publicly Released: Apr 11, 2007.
In light of the pressing need for rental housing affordable to low-income households and concerns that the Department of Housing and Urban Development (HUD) may not be committed to maintaining its Section 8 project-based housing stock--a key source of such housing--Congress directed GAO to assess HUD's efforts to preserve its project-based housing and recommend ways to improve these efforts. This...
HUD Homeownership Programs: Data Limitations Constrain Assessment of the American Dream Downpayment Initiative
GAO-06-677: Published: Jun 30, 2006. Publicly Released: Jun 30, 2006.
While at an all-time high level, homeownership remains out of reach for many Americans, especially low-income families and minorities. In 2003, Pub. L. No. 108-186 created the American Dream Downpayment Initiative (ADDI) to help low-income, first-time homebuyers cover the up-front costs of buying a home (up to the greater of $10,000 or 6 percent of the purchase price) and authorized funding throug...
Rental Housing Assistance: Policy Decisions and Market Factors Explain Changes in the Costs of the Section 8 Programs
GAO-06-405: Published: Apr 28, 2006. Publicly Released: May 30, 2006.
Annual appropriations for the Department of Housing and Urban Development's (HUD) Section 8 programs--a key federal tool for subsidizing rents of low-income households--have increased sharply in recent years, raising concerns about their cost. Section 8 pays the difference between a unit's rent and the household's payment (generally 30 percent of adjusted income). Section 8 includes a voucher prog...
Public Housing: Information on the Roles of HUD, Public Housing Agencies, Capital Markets, and Service Organizations
GAO-06-419T: Published: Feb 15, 2006. Publicly Released: Feb 15, 2006.
Under the Public Housing Program, the Department of Housing and Urban Development (HUD) and local public housing agencies (PHA) provide housing for low-income residents at rents they can afford. Today, over 3,000 PHAs administer approximately 1.2 million public housing units throughout the nation. First authorized in 1937, the program has undergone changes over the decades. The Quality Housing and...
Project-Based Rental Assistance: HUD Should Streamline Its Processes to Ensure Timely Housing Assistance Payments
GAO-06-57: Published: Nov 15, 2005. Publicly Released: Dec 15, 2005.
The Department of Housing and Urban Development (HUD) provides subsidies, known as housing assistance payments, under contracts with privately owned, multifamily projects so that they are affordable to low-income households. Project owners have expressed concern that HUD has chronically made late housing assistance payments in recent years, potentially compromising owners'ability to pay operating...
HUD Rental Assistance: Progress and Challenges in Measuring and Reducing Improper Rent Subsidies
GAO-05-1027T: Published: Sep 27, 2005. Publicly Released: Sep 27, 2005.
In fiscal year 2003, the Department of Housing and Urban Development (HUD) paid about $28 billion to help some 5 million low-income tenants afford decent rental housing. HUD has three major programs: the Housing Choice Voucher (voucher) and public housing programs, administered by public housing agencies, and project-based Section 8, administered by private property owners. As they are every year,...
Elderly Housing: Federal Housing Programs and Supportive Services
GAO-05-795T: Published: Jun 16, 2005. Publicly Released: Jun 16, 2005.
According to a congressionally established bipartisan commission, decreased investment in affordable housing and an elderly population that is projected to grow from about 12 percent of the population in 2002 to 20 percent by 2030 are likely to increase the number of elderly who must spend large portions of their incomes on housing. Moreover, according to this commission, more than one-third of th...
Rental Housing: HUD Can Improve Its Process for Estimating Fair Market Rents
GAO-05-342: Published: Mar 31, 2005. Publicly Released: May 2, 2005.
The Department of Housing and Urban Development (HUD) annually estimates fair market rents (FMR) for standard quality rental units throughout the United States. Among other uses, FMRs help determine subsidies for almost 2 million low-income families in the nation's largest rental assistance program. However, concerns exist that FMRs can be inaccurate--often, too low, preventing program participant...
Elderly Housing: Federal Housing Programs That Offer Assistance for the Elderly
GAO-05-174: Published: Feb 14, 2005. Publicly Released: Mar 16, 2005.
According to the 2003 American Housing Survey sponsored by the U.S. Department of Housing and Urban Development (HUD), nearly one-third of elderly households--those whose head was age 62 or older--were experiencing housing affordability problems. Further, a congressional commission reported in 2002 that investment in affordable housing is decreasing, although the elderly population is expected to...