Program evaluation (21 - 30 of 150 items)
The Housing Assistance Council's Use of Appropriated Funds
GAO-11-189R: Published: Dec 6, 2010. Publicly Released: Dec 6, 2010.
The Food, Conservation, and Energy Act of 2008 authorized appropriations of $10 million annually for the Housing Assistance Council (HAC) from fiscal years 2009 through 2011. Established in 1971, HAC is a nonprofit rural housing organization that aims to improve housing conditions for low-income rural residents, especially in high-need areas such as Indian country and Appalachia and among groups s...
Recovery Act: Opportunities Exist to Increase the Public's Understanding of Recipient Reporting on HUD Programs
GAO-10-966: Published: Sep 30, 2010. Publicly Released: Oct 20, 2010.
The American Recovery and Reinvestment Act of 2009 (Recovery Act) has provided about $6 billion in grants for three Department of Housing and Urban Development (HUD) programs that fund housing or community development. As of March 31, 2010, HUD's Capital Fund awarded nearly $3 billion in grants to 3,134 public housing agencies, the Community Development Block Grant-Recovery (CDBG-R) awarded about...
Troubled Asset Relief Program: Further Actions Needed to Fully and Equitably Implement Foreclosure Mitigation Programs
GAO-10-634: Published: Jun 24, 2010. Publicly Released: Jun 24, 2010.
Congress created the Troubled Asset Relief Program (TARP) to, among other things, preserve homeownership and protect home values. In March 2009, the U.S. Department of the Treasury (Treasury) announced the Home Affordable Modification Program (HAMP) as its cornerstone effort to achieve these goals. This report examines (1) the extent to which HAMP servicers have treated borrowers consistently and...
Homelessness: Information on Administrative Costs for HUD's Emergency Shelter Grants Program
GAO-10-491: Published: May 20, 2010. Publicly Released: May 20, 2010.
The Homeless Emergency Assistance and Rapid Transition to Housing Act of 2009 (HEARTH Act) directed GAO to study the appropriate administrative costs of the U.S. Department of Housing and Urban Development (HUD) Emergency Shelter Grants Program (ESG)--a widely used, formula-based program that supports services to persons experiencing homelessness. This report discusses (1) for selected recipients,...
Native American Housing: GAO Survey of Tribal Housing Officials (GAO-10-373SP, February 2010), an E-supplement to GAO-10-326
GAO-10-373SP: Published: Feb 25, 2010. Publicly Released: Feb 25, 2010.
This document is an E-supplement to GAO-10-326. It presents the results of GAO's survey of tribal and tribally designated housing entity (TDHE) officials who were the recipients of Native American Housing Assistance and Self-Determination (NAHASDA) Indian Housing Block Grant (IHBG) funds in fiscal year 2008. In order to learn about these officials' experiences with and perspectives on the program,...
Native American Housing: Tribes Generally View Block Grant Program as Effective, but Tracking of Infrastructure Plans and Investments Needs Improvement
GAO-10-326: Published: Feb 25, 2010. Publicly Released: Feb 25, 2010.
The Native American Housing Assistance and Self-Determination Act of 1996 (NAHASDA) changed how the Department of Housing and Urban Development (HUD) provides housing assistance to Native Americans. Congress created NAHASDA to recognize self-determination for tribes in addressing their low-income housing needs. In NAHASDA's 2008 reauthorization, Congress asked GAO to assess the program's effective...
Reverse Mortgages: Policy Changes Have Had Mostly Positive Effects on Lenders and Borrowers, but These Changes and Market Developments Have Increased HUD's Risk
GAO-09-836: Published: Jul 30, 2009. Publicly Released: Jul 30, 2009.
Reverse mortgages--a type of loan against home equity available to seniors--are growing in popularity. A large majority of reverse mortgages are insured by the Department of Housing and Urban Development (HUD) under its Home Equity Conversion Mortgage (HECM) program. The Housing and Economic Recovery Act of 2008 (HERA) made several modifications to the HECM program, including changes in how origin...
Public Housing: HUD's Oversight of Housing Agencies Should Focus More on Inappropriate Use of Program Funds
GAO-09-33: Published: Jun 11, 2009. Publicly Released: Jun 11, 2009.
The Department of Housing and Urban Development (HUD) provided over $6.7 billion in fiscal year 2008 to housing agencies to operate, modernize, and develop about 1.2 million public housing units. It is important that HUD exercise sufficient oversight of housing agencies to help ensure that public housing funds are being used as intended and properly managed. In this report, GAO examines HUD's over...
Military Housing Privatization: DOD Faces New Challenges Due to Significant Growth at Some Installations and Recent Turmoil in the Financial Markets
GAO-09-352: Published: May 15, 2009. Publicly Released: May 15, 2009.
In response to challenges the Department of Defense (DOD) was facing to repair, renovate, and construct military family housing, Congress enacted the Military Housing Privatization Initiative in 1996. The initiative enables DOD to leverage private sector resources to construct or renovate family housing. As of March 2009, DOD had awarded 94 projects and attracted over $22 billion in private financ...
Troubled Asset Relief Program: Status of Efforts to Address Defaults and Foreclosures on Home Mortgages
GAO-09-231T: Published: Dec 4, 2008. Publicly Released: Dec 4, 2008.
A dramatic increase in mortgage loan defaults and foreclosures is one of the key contributing factors to the current downturn in the U.S. financial markets and economy. In response, Congress passed and the President signed in July the Housing and Economic Recovery Act of 2008 and in October the Emergency Economic Stabilization Act of 2008 (EESA), which established the Office of Financial Stability...