TITLE

Section 8 Housing Assistance: HUD to Recapture $439 Million of Excess Funding in the Moderate Rehabilitation Program: RCED-98-235

PUB. DATE
August 1998
SOURCE
GAO Reports;8/25/1998, p1
SOURCE TYPE
Government Document
DOC. TYPE
Article
ABSTRACT
The Department of Housing and Urban Development's (HUD) Section 8 Assisted Housing Program provides rental subsidies for low-income families. Assistance is either tenant based (linked to specific households) or project based (linked to specific housing units). The Section 8 Moderate Rehabilitation Program, a form of project-based assistance run by state and local housing agencies under contract with HUD, was created to upgrade privately owned housing in need of moderate rehabilitation. This report, the third in a series, provides information on (1) the amount of excess budget authority in the Section 8 Moderate Rehabilitation Program and how HUD estimated this amount; (2) the accuracy of HUD's estimate; and (3) HUD's plans for recapturing this excess budget authority from housing agencies.
ACCESSION #
18224011

 

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