Public Housing: Low-Income Housing Tax Credit as an Alternative Development Method
RCED-93-31
Published: Jul 16, 1993. Publicly Released: Jul 16, 1993.
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Highlights
Pursuant to congressional requests, GAO compared public housing authorities' (PHA) development of housing under the Public Housing Development Program and Low-Income Housing Tax Credit Program, focusing on the: (1) characteristics of the tenants served; (2) characteristics of the projects developed; (3) costs of each program to the federal government; and (4) administrative experiences of PHA when developing housing through each program.
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Federal aid for housingFederal taxesHousing for the elderlyLow income housingPublic housingRent subsidiesRental housingState-administered programsTax creditTenants