Countercyclical Stimulus Proposals for Multifamily Housing
CED-82-122B: Published: Nov 1, 1982. Publicly Released: Nov 1, 1982.
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In conjunction with earlier efforts to analyze the current downturn in housing construction, GAO conducted two symposia on countercyclical stimulus for multifamily housing in which leading housing experts discussed the key issues and evaluated the most significant options for aiding the homebuilding industry. This report contains a summary and the individual papers presented at the symposium on multifamily housing.
The opinions expressed at the conference focused on six proposals geared toward increasing the production of multifamily housing and rental units. Activities which have the potential to respond quickly to rental housing production needs include: (1) the conversion of buildings from nonresidential to residential use or subdivision of larger housing units into smaller rental units; (2) the development of small rental buildings with a few units where the development and construction process is similar to single-family housing; (3) the moderate rehabilitation of rental housing in substandard condition; and (4) the conversion of unsold ownership housing to rentals. An analysis of countercyclical aid to multifamily housing revealed two primary strategies for attacking the inhibiting effect of high interest rates and falling real income: subsidies to homebuyers to stimulate the construction industry, and Federal economic policies to cultivate an economy which attracts more homebuyers. The conference produced analyses of the current economic factors affecting the housing industry and the relative cost of options proposed by GAO to stimulate rental housing production.
Feb 16, 2021
Military Housing:
DOD Has Taken Key Steps to Strengthen Oversight, but More Action Is Needed in Some AreasGAO-21-389T: Published: Feb 16, 2021. Publicly Released: Feb 16, 2021.
Jan 25, 2021
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Military Housing:
Actions Needed to Improve the Process for Setting Allowances for Servicemembers and Calculating Payments for Privatized Housing ProjectsGAO-21-137: Published: Jan 25, 2021. Publicly Released: Jan 25, 2021.
Dec 16, 2020
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Lead Paint in Housing:
HUD Has Not Identified High-Risk Project-Based Rental Assistance PropertiesGAO-21-55: Published: Dec 16, 2020. Publicly Released: Dec 16, 2020.
Dec 15, 2020
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Disaster Housing:
Improved Cost Data and Guidance Would Aid FEMA Activation DecisionsGAO-21-116: Published: Dec 15, 2020. Publicly Released: Dec 15, 2020.
Dec 8, 2020
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Troubled Asset Relief Program:
Treasury Continues Winding Down Housing ProgramsGAO-21-39: Published: Dec 8, 2020. Publicly Released: Dec 8, 2020.
Aug 13, 2020
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Homelessness:
Better HUD Oversight of Data Collection Could Improve Estimates of Homeless PopulationGAO-20-433: Published: Jul 14, 2020. Publicly Released: Aug 13, 2020.
Jul 29, 2020
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Crumbling Foundations:
Extent of Homes with Defective Concrete Is Not Fully Known and Federal Options to Aid Homeowners Are LimitedGAO-20-649: Published: Jul 29, 2020. Publicly Released: Jul 29, 2020.
Jul 27, 2020
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Housing:
Preliminary Analysis of Homeownership Trends for Nine CitiesGAO-20-544R: Published: Jun 25, 2020. Publicly Released: Jul 27, 2020.
Jun 26, 2020
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Rental Housing:
As More Households Rent, the Poorest Face Affordability and Housing Quality ChallengesGAO-20-427: Published: May 27, 2020. Publicly Released: Jun 26, 2020.
Apr 30, 2020
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Priority Open Recommendations:
Department of Housing and Urban DevelopmentGAO-20-500PR: Published: Apr 23, 2020. Publicly Released: Apr 30, 2020.
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