Housing (41 - 50 of 85 items)
HUD's FY 1998 Budget Request: Some Requests for Funding May Be Unnecessary
T-RCED-97-108: Published: Mar 18, 1997. Publicly Released: Mar 18, 1997.
GAO discussed the Department of Housing and Urban Development's (HUD) fiscal year (FY) 1998 budget request, focusing on: (1) the estimates HUD used to develop its budget request for renewing Section 8 assisted housing contracts; (2) HUD's justification for 50,000 additional Section 8 certificates; (3) HUD's success in reducing the level of uncommitted public housing modernization funds held by hou...
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...
Resolution Trust Corporation: Affordable Housing Disposition Program Achieving Mixed Results
GGD-94-202: Published: Sep 28, 1994. Publicly Released: Sep 28, 1994.
Pursuant to a legislative requirement, GAO reviewed the Resolution Trust Corporation's (RTC) Affordable Housing Disposition Program (AHDP), focusing on: (1) RTC progress in providing home ownership and rental opportunities to low- and moderate-income families; (2) RTC procedures for ensuring that property purchasers comply with income and occupancy requirements; (3) AHDP administrative costs; and...
Federally Assisted Housing: Condition of Some Properties Receiving Section 8 Project-Based Assistance Is Below Housing Quality Standards
T-RCED-94-273: Published: Jul 26, 1994. Publicly Released: Jul 26, 1994.
GAO discussed the Department of Housing and Urban Development's (HUD) section 8 project-based assisted housing programs, focusing on: (1) whether section 8 subsidized properties meet HUD housing quality standards; (2) whether HUD is effectively using its enforcement tools to ensure that the assisted properties are adequately maintained; and (3) actions HUD or Congress could take to resolve poorly...
Lead-Based Paint Poisoning: Children in Section 8 Tenant-Based Housing Are Not Adequately Protected
RCED-94-137: Published: May 13, 1994. Publicly Released: May 13, 1994.
Pursuant to a legislative requirement, GAO reviewed the Department of Housing and Urban Development's (HUD) enforcement of and compliance with federal lead safety laws and regulations as they apply to section 8 tenant-based housing, focusing on the: (1) effectiveness of HUD regulations for identifying lead-based paint hazards; (2) effectiveness of HUD regulations for protecting children with eleva...
Distressed Public Housing
AIMD-94-78R: Published: May 10, 1994. Publicly Released: May 10, 1994.
Pursuant to a legislative requirement, GAO reviewed the National Commission on Severely Distressed Public Housing's financial transactions. GAO noted that: (1) the Commission disbursed about $2 million for contracts, travel, payroll, and miscellaneous transactions during its existence; (2) although the Commission did not always adhere to proper administrative procedures, its disbursements appeared...
Housing Finance: Expanding Capital for Affordable Multifamily Housing
RCED-94-3: Published: Oct 27, 1993. Publicly Released: Oct 27, 1993.
Pursuant to a legislative requirement, GAO examined: (1) the problems that have led to the shortage of mortgage financing for affordable multifamily housing; (2) the factors limiting the expansion of multifamily housing financing; (3) alternative federal credit enhancements; and (4) ways to limit the federal government's exposure to risk in adopting specific credit enhancements.GAO found that: (1)...
Resolution Trust Corporation: More Actions Needed to Improve Single-Family Affordable Housing Program
GGD-92-136: Published: Sep 29, 1992. Publicly Released: Sep 29, 1992.
GAO reviewed: (1) the Resolution Trust Corporation's (RTC) progress in selling single-family houses under its Affordable Housing Disposition Program; and (2) whether RTC controls are adequate to ensure that qualified purchasers buy and occupy the homes.GAO found that: (1) RTC lacks a consistent verification program to ensure that it sells homes only to eligible buyers; (2) the lack of complete, re...
Rural Rental Housing: Incentives Maintain Low-Income Housing but Clearer Guidance Needed
RCED-92-150: Published: Jun 23, 1992. Publicly Released: Jul 15, 1992.
Pursuant to a congressional request, GAO provided information on: (1) financial and other incentives offered by the Farmers Home Administration (FmHA) and their effect on preserving the FmHA rural rental housing inventory; (2) the types of incentives FmHA uses; and (3) the problems FmHA encounters in providing incentives.GAO found that: (1) 140 FmHA projects either received financial incentives or...
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...