Rental Housing: HUD's Methods of Determining Fair Market Rents
RCED-86-209
Published: Aug 22, 1986. Publicly Released: Aug 26, 1986.
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Highlights
In response to a congressional request, GAO reviewed the Department of Housing and Urban Development's (HUD) method of determining fair market rents for its rental assistance program.
Recommendations
Recommendations for Executive Action
| Agency Affected | Recommendation | Status |
|---|---|---|
| Department of Housing and Urban Development | The Secretary, HUD, should determine: (1) the appropriate levels of rent for new and existing units in Suffolk County, which will resolve the rent disparities; and (2) whether similar rent disparities exist in other areas of the country, and take actions, as appropriate, to resolve them and to minimize their recurrence. |
Closed – Not Implemented
HUD determined: (1) the appropriate rent levels for Suffolk County; and (2) that significant disparities do not exist in other locations. GAO will assess the appropriateness of HUD actions in an ongoing GAO evaluation of fair market rents in the New York City area, being done at the request of Senator Moynihan.
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Topics
Housing programsLow income housingProgram managementPublic assistance programsRent policiesRent subsidiesRental housingRental ratesCensusHousing