Housing programs (41 - 50 of 61 items)
1988 Financial Audit: Federal Housing Administration
T-AFMD-89-18: Published: Sep 28, 1989. Publicly Released: Sep 28, 1989.
GAO discussed its audit of the Federal Housing Administration's (FHA) financial statements. GAO noted that: (1) it was unable to express an opinion on the FHA financial statements because of uncertainties over potential losses from the diversion of property sales proceeds, overstatements of the values of foreclosed property, and the effects of other investigations; (2) FHA suffered major losses in...
Foreign Assistance: The Solanda Housing Guaranty Project in Ecuador
NSIAD-86-120: Published: May 21, 1986. Publicly Released: Jun 23, 1986.
In response to a congressional request, GAO: (1) reviewed the Solanda Housing Guaranty project in Ecuador, focusing on Agency for International Development (AID) and Ecuadoran requirements for financing, design, and implementation; (2) investigated allegations that high indirect costs have unnecessarily increased the prices of Solanda units; and (3) analyzed AID-funded wood house demonstration pro...
Mortgages Assigned to HUD Under Section 221(g)(4) of the National Housing Act
RCED-84-40: Published: Oct 24, 1983. Publicly Released: Oct 24, 1983.
Pursuant to a congressional request, GAO provided information on the potential long-term costs to the Department of Housing and Urban Development (HUD) of the provisions of section 221 of the National Housing Act.Legislation enacted in 1954 as part of section 221 of the act allows mortgagees holding mortgages insured under section 221 to assign them to HUD, if they are not delinquent and are at le...
Department of Housing and Urban Development Policies Concerning Multifamily Property Management and Disposition
121488: May 25, 1983
GAO discussed the Department of Housing and Urban Development's (HUD) policies concerning multifamily property management and disposition. Specifically, GAO addressed: (1) the basis for the prices that HUD receives on project sales and the financing mechanisms involved; (2) the current status of delinquencies on HUD multifamily assigned mortgages; (3) HUD responsiveness to prior GAO recommendation...
Certain Aspects of the Housing Program
B-114860: Published: Aug 7, 1970. Publicly Released: Nov 12, 1982.
No summary is currently available...
Property Disposition Policies and Activities in New York's 16th Congressional District
B-114860: Published: Mar 26, 1974. Publicly Released: Nov 8, 1982.
No summary is currently available...
Countercyclical Stimulus Proposals for Single-Family Housing
CED-82-122A: Published: Nov 1, 1982. Publicly Released: Nov 1, 1982.
In conjunction with earlier efforts to analyze the current downturn in housing construction, GAO conducted two symposia on countercyclical stimulus for single-family and multifamily housing in which leading experts discussed the key issues and evaluated the most significant options for aiding the homebuilding industry. This report contains a summary and the individual papers presented at the sympo...
Problems Continue in Accounting for and Servicing HUD-Held Multifamily Mortgages
AFMD-82-18: Published: Aug 18, 1982. Publicly Released: Oct 17, 1982.
GAO was asked to perform a followup review to a prior report on loan servicing and accounting problems in the Department of Housing and Urban Development (HUD) multifamily mortgage programs. The earlier report concluded that the failure of HUD to produce adequate delinquency data and aggressively collect amounts owed on defaulted multifamily mortgages contributed significantly to the over $500 mil...
Negotiated Sales of HUD-Owned Multifamily Housing Projects
CED-82-117: Published: Aug 16, 1982. Publicly Released: Aug 20, 1982.
GAO was requested to analyze the Department of Housing and Urban Development's (HUD) negotiated sales of HUD-owned multifamily projects from October 1, 1976, through April 30, 1982. Specifically, the analysis examined: (1) what regulations, policies, and procedures govern negotiated sales of HUD-owned multifamily projects, and how often this sales method has been used; and (2) whether the regulati...