HUD-Proposed Legislative Changes to Section 203 of the Housing and Community Development Amendments of 1978
Published: Sep 30, 1982. Publicly Released: Sep 30, 1982.
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Highlights
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 adequately considered.
Recommendations
Recommendations for Executive Action
Agency Affected | Recommendation | Status |
---|---|---|
Department of Housing and Urban Development | HUD should propose, in lieu of the elimination of section 203 provisions, the addition of a seventh goal to section 203 of the Housing and Community Development Amendments of 1978, as amended. This goal would provide for assisting low- and moderate-income persons with direct rental assistance, as opposed to attaching a subsidy to protect units, when such housing is sufficiently available in the project area. HUD should also propose that language be added to section 203 requiring that disposal decisions made under section 203 be based on whether or not decent, safe, and sanitary low- and moderate-income housing is available in the area where the project is located. |
Closed – Implemented
When we confirm what actions the agency has taken in response to this recommendation, we will provide updated information.
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