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

U.S. Government Accountability Office

Loan Guarantees for Native Hawaiian Housing (Section 184A)

Administering Agency/Entity Department of Housing and Urban Development
Short Description Provides access to sources of private mortgage financing to Native Hawaiian families that otherwise could not acquire housing financing because of the unique legal status of Hawaiian home lands or as a result of a lack of access to private financial markets. Eligible borrowers include Native Hawaiian families eligible to reside on Hawaiian home lands, the Department of Hawaiian Home Lands, the Office of Hawaiian Affairs, or private nonprofit organizations experienced in the planning and development of affordable housing for Native Hawaiians. Loans are to be used to construct, acquire, or rehabilitate housing located on Hawaiian home lands.
Primary Purpose Assistance for buying, selling, or financing a home
Type of Housing Supported Homeownership
Type of Assistance Guaranteed loan
Fiscal Year 2010 Obligations $1,000,000; obligations represent the expected credit subsidy costs for loan commitments made in fiscal year 2010. These estimates are revised in subsequent years and the ultimate cost will not be known until the loans have matured.

(Return to main page)

(Return to program listing)