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DCCJMBIT RLSUAR
04056 - [83134408]
The Challenge of Meeting Shelter Needs in Less Developed
Countries. TD-77-39; B-171526. Iove'ter 4, 1077. 74 pp * 9
appesidices (50 pp.).
Report to the Congress; by Robert F. RelleL, Acting Comptroller
General.
Issue Area: International Economic abd Military Programs: U.S.
Development Assistance Overseas (603); Dcmestic Housing and
Community Development (2100).
Contact: International Div.
Budqet Function: International Affairs: Foreign Z4onomic and
Financial Assistance (151); International Aftairs:
International Financial Programs (155).
Organization Concerned: Agency for International Development;
Department of the Treasury; Department of State.
(:onqressional Relevance: House Committee on Intqrnational
Relations; Senate Committee on Fcreign Relations; Congress.
&uthority: Foreign Assistance Act of 1173. Foreign Assistansc
Act of 15.1. Foreign Assistance Act of 1974. Intsrnational
Development and Food As.istance Act of 1975.
Inadequate housing, exacerbated by rapid haphazard
urban growth, ran profoundly affect the overall development
prospects in developing countries. The housing crisis is an
important factor in the overall deterioration in the quality of
life in these countries. Findings/Conclusions: To reach the
lovest income ievela and the most people, international donors
have so.'.ht to reduce housing costs to a minimum. Most U.S.
housing assistance abroad has been prcvied by the Ageacy for
International Development's (AID's) Housing Investment Guaranty
Program under which the U.S. Government guarantees repayment of
principal and interest to U.S. investcrs for housing loans to
borrowers in less developed countries. Recommendatious: The
Secretary of State and the Administrator of AI should
distribute available housing guaranties according to demand and
eligibility among the more low-income nations; work vcre closely
with host country housing and economic rlanning officials to
make sure that subsidies are minimized and their scurce fully
planned for and that guaranties serve to develcp host country
institutions capable of matching the kiad of lci-incce housing
initiated by the program; improve coordination by establi3hiuq
more effective lines of communication amon, the geographic
bureaus, Agency missions, and the Office of sousing within the
Agency to make suri that all Housing Investment Guaranty
projects are planned, programmed, and c&rried cut as part of the
country's )verall deve]Jpment4 and improve the level of economic
analysis in countries where Housing Investment Guaranty projects
are planned. The Secretaries of State and the Treasury and the
administrator of AID shou)ld encourage international agencies to
establish and excute integrated development plans that recognize](ViewImageLocal?handle=hein.gao/gaobaawfp0001&div=1&collection=&method=preview&ext=.png&size=3)