Appropriations (21 - 30 of 32 items)
Debentures Not Serving Purposes HUD Intended--Legislative Changes Could Help Increase Effectiveness and Minimize Interest Costs
RCED-85-38: Published: Mar 13, 1985. Publicly Released: Mar 13, 1985.
GAO evaluated the provisions of the National Housing Act of 1934, which authorized the Department of Housing and Urban Development (HUD) to accept long-term, low-interest debentures instead of cash as payment for mortgage insurance premiums. GAO focused its review on: (1) the impact of redemption of debentures before they reach maturity as payment for mortgage insurance premiums; and (2) helping H...
Improving the Process for Allocating Loan Management Set-Aside Funds to Multifamily Housing Projects
RCED-85-29: Published: Nov 16, 1984. Publicly Released: Nov 16, 1984.
The Loan Management Set-Aside (LMSA) Program is administered by the Department of Housing and Urban Development (HUD) to help maintain the financial viability of multifamily housing projects with cash-flow problems. The program is available to both insured and held projects. GAO reviewed the process used by HUD to allocate LMSA funds in fiscal years (FY) 1983 and 1984 and the basis used by HUD for...
Improving Controls Over Rent and Management Fees at Multifamily Housing Projects
RCED-84-118: Published: Apr 11, 1984. Publicly Released: Apr 11, 1984.
Pursuant to a congressional request, GAO evaluated the Department of Housing and Urban Development's (HUD) procedures for controlling rents and management fees at multifamily housing projects.As part of its oversight role in housing programs, HUD reviews and approves rent and management fee increases for multifamily rental housing projects. GAO found that inadequate controls resulted in excessive...
Impact of the Proposed Consolidation of HUD Field Offices in the Dallas and Fort Worth, TX, Area
RCED-83-155: Published: May 19, 1983. Publicly Released: May 19, 1983.
In response to a congressional request, GAO studied the proposed consolidation of the Department of Housing and Urban Development's (HUD) Dallas Area Office and Fort Worth Regional and Service Office into one office located at Fort Worth.The study showed that a $1.5 million potential cost savings projection, which was developed by the HUD Fort Worth regional staff, included personnel savings that...
HUD's Loan Servicing Contracts for Multifamily Mortgages Need Better Management
RCED-83-78: Published: Mar 14, 1983. Publicly Released: Mar 21, 1983.
In response to a congressional request, GAO evaluated the Department of Housing and Urban Development's (HUD) reply to formal congressional questions concerning the HUD Region III contract and proposed nationwide contract with the private sector for loan services. HUD plans to utilize the private sector contracts to improve the servicing of HUD-held mortgages resulting in increased revenues from t...
HUD-Proposed Legislative Changes to Section 203 of the Housing and Community Development Amendments of 1978
119698: Sep 30, 1982
GAO reviewed the implementation of the Department of Housing and Urban Development (HUD) policy to attach section 8 subsidies to the sales of acquired multifamily housing projects to insure their continued availability to low- and moderate-income tenants. Specifically, the review determined the cost and effectiveness of the policy and whether other less costly, but effective, sales methods were ad...
Procedures for Adjusting Rents in the Section 8 Program Need Reexamination
119779: Jun 11, 1982
GAO reviewed the procedures followed by the Department of Housing and Urban Development (HUD) in making annual rent adjustments under its subsidized rental housing program.The program's authorizing legislation states that its rental assistance contracts shall provide for rent adjustments at least annually for units covered. HUD uses a formula approach to adjust the rents and develops annual rent a...
Review of the Adequacy of Procedures Followed in Selecting Section 8 Developers
119780: Apr 8, 1982
GAO reviewed procedures followed by three Department of Housing and Urban Development (HUD) area offices in selecting developers for new construction and substantial rehabilitation projects. The purpose of the review was to evaluate the effectiveness of the procedures under the Section 8 Lower Income Rental Assistance Program administered by HUD and to identify ways to improve the selection proces...
Delays in Implementing the Department of Housing and Urban Development's Accounting System for Its Mortgage Insurance Program
FGMSD-80-37: Published: Mar 4, 1980. Publicly Released: Dec 3, 1980.
GAO reviewed the Department of Housing and Urban Development's (HUD) Mortgage Insurance Accounting System (MIAS), which is currently under development to support the Department's multibillion dollar mortgage insurance program. The new accounting system is essential to improve the mortgage insurance activities of HUD. The primary users of the new system's data will be the Assistant Secretary for Ad...
Department of Housing and Urban Development Reorganization Plan: Some Accomplishments but More Needed
FPCD-78-33: Published: Apr 10, 1978. Publicly Released: Apr 10, 1978.
In June 1977, a report recommended that the Department of Housing and Urban Development (HUD) could streamline its organization through consolidating its 77 field offices and realigning regional and field office functions. A proposed reorganization, which is expected to affect less than 10 percent of HUD field employees, is intended to modify the field structure and improve management. The propose...