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PAD-80-13 1 (1980-09-30)

handle is hein.gao/gaobabbcd0001 and id is 1 raw text is: 




BY THE COMPTROLLER GENERAL



Report To The Congress

OF THE UNITED STATES


Evaluation Of Alternatives For Financing

Low And Moderate Income

Rental Housing



The cost ofsubsidizing housing is escalating rap-
idly while demand for lower income housin9
far exceeds supply. A key question is how ef-
fectively are present programs encouraging
housing production for needy households.
GAO analyzed a number of the financing ar-
rangements for housing subsidized under sec-
tion 8 of the National Housing Act and for the
older public housing program. Costs, financial
risks, production incentives, and program bene-
ficiaries were compared. This report contains
recommendations to the Congress and HUD
that could reduce housing subsidy costs and
improve program effectiveness.


     113450



       PAD-80-13
SEPTEMBER 30, 1980

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