Low income housing (61 - 70 of 131 items)
HUD's Family Self-Sufficiency
RCED-92-248R: Published: Jul 31, 1992. Publicly Released: Oct 29, 1992.
GAO reviewed the Department of Housing and Urban Development's (HUD) Family Self-Sufficiency Program, focusing on how the program applies to Indian housing authorities (IHA). GAO found that: (1) although the Indian community generally agrees with the program's concept and goals, it has not widely endorsed the program itself; (2) federal and Indian housing officials have suggested program changes,...
Resolution Trust Corporation: Affordable Multifamily Housing Program Has Improved but More Can Be Done
GGD-92-137: Published: Sep 29, 1992. Publicly Released: Sep 29, 1992.
GAO assessed the Resolution Trust Corporation's (RTC) progress in: (1) preserving affordable rental properties; (2) developing a national program and strategy for selling multifamily properties, including assisting nonprofit organizations and public agencies with special financing and price discounts; and (3) complying with statutory provisions pertaining to bulk and individual property sales.GAO...
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...
Pension Plans: Investments in Affordable Housing Possible With Government Assistance
HRD-92-55: Published: Jun 12, 1992. Publicly Released: Jun 12, 1992.
Pursuant to a congressional request, GAO reviewed how pension funds are used to help finance affordable housing for low-and moderate-income families, focusing on: (1) the features and common elements of 15 affordable housing arrangements financed by pension funds; and (2) the expected rates of return on such housing investments.GAO found that: (1) the nature and extent of pension fund involvement...
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...
Section 8 Budget Needs
RCED-92-187R: Published: May 12, 1992. Publicly Released: May 12, 1992.
GAO reviewed the Department of Housing and Urban Development's (HUD) budgetary needs for expiring section 8 certificate and voucher contracts for fiscal year (FY) 1993. GAO found that: (1) at the three HUD field offices reviewed, HUD estimated that it will need $237.8 million to renew expiring tenant-based section 8 certificate and voucher contracts; (2) the HUD estimate for tenant-based certifica...
Rental Housing: Implementing the New Federal Incentives to Deter Prepayments of HUD Mortgages
PEMD-91-2: Published: Apr 30, 1991. Publicly Released: May 30, 1991.
Pursuant to a congressional request, GAO provided information about the likelihood that owners of low- and moderate-income rental housing stock will seek prepayments of mortgages insured under the National Housing Act.GAO found that: (1) the precise number of properties eligible for prepayment was uncertain, ranging from a low of 334,000 family units to a high of 367,000; (2) the four studies it r...
Public Housing: Management Issues Pertaining to the Buffalo Municipal Housing Authority
RCED-91-70: Published: Mar 1, 1991. Publicly Released: Mar 27, 1991.
Pursuant to a congressional request, GAO reviewed the Buffalo Municipal Housing Authority's (BMHA): (1) voluntary 3-year compliance agreement with the Department of Housing and Urban Development (HUD) and whether it could correct leasing practices that violated title VI of the Civil Rights Act of 1964; (2) reasons for its high vacancy rate; and (3) justification for its high number of employees.GA...
Assisted Housing: Utility Allowances Often Fall Short of Actual Utility Expenses (Vol. I)
RCED-91-40A: Published: Mar 26, 1991. Publicly Released: Mar 26, 1991.
Pursuant to a legislative requirement, GAO provided information on how utility allowances are provided to assisted households and the extent to which the allowances cover utility costs.GAO found that: (1) about 61 percent of public housing households and 79 percent of section 8 certificate households receive utility allowances; (2) the majority of the 9,500 households at six public housing agencie...
Assisted Housing: Utility Allowances Often Fall Short of Actual Utility Expenses (Vol. II)
RCED-91-40B: Published: Mar 26, 1991. Publicly Released: Mar 26, 1991.
Pursuant to a legislative requirement, GAO reviewed utility allowances provided under public housing and section 8 certificate housing programs.GAO provided information on: (1) its approach in preparing a nationwide questionnaire on public housing agencies' (PHA) practices in providing allowances; (2) detailed responses to its questionnaire; and (3) the portion of adjusted income that assisted hou...