B-250888:
Published: Mar 1, 1993. Publicly Released: Mar 1, 1993.
In response to a congressional request, GAO reviewed the Resolution Trust Corporation's (RTC) single-family affordable housing program, focusing on whether RTC: (1) may offer qualifying purchasers an opportunity to bid on unsold single-family properties at the end of the bidding period; and (2) may remarket a property when a purchase offer does not occur within the bidding period. GAO noted that R...