Early Sales of Section 8 Housing
PAD-79-43
Published: Jan 16, 1979. Publicly Released: Jan 16, 1979.
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Highlights
GAO studied alternative financing mechanisms for subsidized housing production. The alternatives being analyzed include the more traditional Federal Housing Administration (FHA) multifamily insurance programs, state housing financial agencies, and others which utilize private ownership. The policies and procedures governing section 8, which subsidized the bulk of housing assistance were examined. Observations indicate a serious and costly problem in the way the program is administered.
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Topics
Community development programsFederal aid for housingHousing programsLow income housingPublic housingRent subsidiesUrban development programsHousingTenantsTaxes