Housing Assistance: An Inventory of Fiscal Year 2010 Programs, Tax Expenditures, and Other Activities

U.S. Government Accountability Office

Single Family Property Disposition Program (Section 204(g))

Administering Agency/Entity Department of Housing and Urban Development
Short Description Disposes of single-family one-to-four unit properties acquired by the Federal Housing Administration (FHA) through foreclosure of an insured mortgage. Listings of properties in inventory are publicly available and individual parties as well as nonprofit and government entities may purchase properties.
Primary Purpose Assistance for buying, selling, or financing a home
Type of Housing Supported Homeownership
Type of Assistance Property disposition
Fiscal Year 2010 Obligations Costs/savings associated with property disposition are among the items factored into subsidy rates and are included in expected credit subsidy costs under Mutual Mortgage Insurance Fund.

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