Public Housing:
Information on Backlogged Modernization Funds
RCED-94-217FS: Published: Jul 15, 1994. Publicly Released: Aug 10, 1994.
Additional Materials:
- Full Report:
Contact:
Pursuant to a congressional request, GAO provided information on unobligated public housing modernization funds, focusing on: (1) the extent of and reasons for the unobligated funds; and (2) federal and state efforts to reduce the accumulation of unobligated modernization funds.
GAO found that: (1) there is approximately $9.3 billion in appropriated funds that the Department of Housing and Urban Development (HUD) has not approved for local use or public housing authorities (PHA) have not obligated for modernization projects; (2) HUD expects PHA to obligate their approved funds within 2 years, but it allows PHA to take up to 3 years to obligate funds; (3) HUD considers only $434.5 million of the funds as backlogged, but HUD failed to calculate the unobligated balance approved in fiscal year (FY) 1991; (4) most of the backlog consists of approved funds from fiscal years 1990 and 1991; (5) most of the unobligated modernization funds are designated for larger PHA; (6) factors contributing to the backlogs at PHA include the time needed to comply with federal and local laws, federal and local public housing policies and procedures, litigation, and insufficient management resources; (7) HUD and PHA have made operational and regulatory changes to speed up the obligation of funds by increasing HUD and PHA management attention to and resources for the program; and (8) since FY 1982, HUD has taken back over $59 million of unobligated funds from PHA.
Sep 13, 2017
Rural Housing Service:
Additional Actions Would Help Ensure Reasonableness of Rental Assistance EstimatesGAO-17-725: Published: Sep 13, 2017. Publicly Released: Sep 13, 2017.
Aug 1, 2017
-
Low-Income Housing Tax Credit:
Actions Needed to Strengthen Oversight and AccountabilityGAO-17-784T: Published: Aug 1, 2017. Publicly Released: Aug 1, 2017.
Mar 1, 2017
-
Low-Income Housing Tax Credit:
The Role of SyndicatorsGAO-17-285R: Published: Feb 16, 2017. Publicly Released: Mar 1, 2017.
Jan 9, 2017
-
Troubled Asset Relief Program:
Status of Housing ProgramsGAO-17-236: Published: Jan 9, 2017. Publicly Released: Jan 9, 2017.
Nov 17, 2016
-
Federal Housing Finance Agency:
Objectives Needed for the Future of Fannie Mae and Freddie Mac After ConservatorshipsGAO-17-92: Published: Nov 17, 2016. Publicly Released: Nov 17, 2016.
Oct 31, 2016
-
Home Mortgage Guarantees:
Issues to Consider in Evaluating Opportunities to Consolidate Two Overlapping Single-Family ProgramsGAO-16-801: Published: Sep 29, 2016. Publicly Released: Oct 31, 2016.
Oct 3, 2016
-
Elderly Housing:
HUD Should Do More to Oversee Efforts to Link Residents to ServicesGAO-16-758: Published: Sep 1, 2016. Publicly Released: Oct 3, 2016.
Jul 13, 2016
-
Credit Programs:
Key Agencies Should Better Document Procedures for Estimating Subsidy CostsGAO-16-269: Published: Jul 13, 2016. Publicly Released: Jul 13, 2016.
Jun 8, 2016
-
Low-Income Housing Tax Credit:
Some Agency Practices Raise Concerns and IRS Could Improve Noncompliance Reporting and Data CollectionGAO-16-360: Published: May 11, 2016. Publicly Released: Jun 8, 2016.
May 31, 2016
-
Housing for Special Needs:
Funding for HUD's Supportive Housing ProgramsGAO-16-424: Published: May 31, 2016. Publicly Released: May 31, 2016.
Looking for more? Browse all our products here
Explore our Key Issues on Housing
Explore our other Key Issues here
