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125516 1 (1984-10-31)

handle is hein.gao/gaobactjl0001 and id is 1 raw text is: 




             United States General Accounting Office
                     Washington, D.C.  20548

                                        FOR RELEASE ON DELIVERY
                                        EXPECTED AT 11:30 A.M.
                                        OCTOBER 31, 1984



                          STATEMENT OF

                JOHN H. LUKE, ASSOCIATE DIRECTOR

           HOUSING AND COMMUNITY DEVELOPMENT PROGRAMS

                 U.S. GENERAL ACCOUNTING OFFICE

                           BEFORE THE

         SUBCOMMITTEE ON HOUSING AND CONSUMER INTERESTS

                    SELECT COMMITTEE ON AGING

                  U.S. HOUSE OF REPRESENTATIVES

                               ON

                   SELECTION PROCESS FOR LOANS

                   FOR SECTION 202 HOUSING FOR               125516

                   THE ELDERLY AND HANDICAPPED



Mr. Chairman and Members of the Subcommittee:

     We are here today to report on our review of the process

used by the U.S. Department of Housing and Urban Development in

1983 to select borrowers to receive low-interest, direct loans

for elderly and handicapped housing under section 202 of the

Housing Act of 1959.


OO4   67

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