Housing for the elderly [electronic resource] : HUD policy decisions delay section 202 construction starts : report to the Chairman, Subcommittee on Housing and Consumer Interest, Select Committee on Aging, House of Representatives / United States General Accounting Office.
Imprint
[Washington, D.C.] : U.S. General Accounting Office, [1991]
Title from title screen (GAO, viewed May 12, 2008).
"January 1991."
Summary
Nonprofit organizations receive direct loans for constructing or rehabilitating rental housing for the elderly and handicapped under Section 202 of the U.S. Housing Act of 1959(12 U.S.C. 1701q). As of 1988, the Department of Housing and Urban Development (HUD) had 3-years' worth of projects where construction had not started. Noting this backlog, the Chairman, Subcommittee on Housing and Consumer Interest, House Select Committee on Aging, asked GAO to examine HUD's project processing. The chairman was concerned that lengthy project processing might be increasing nonprofit organizations (sponsors) costs and delaying the delivery of housing to the elderly and handicapped. As agreed, this report examines trends in project processing times between 1980 and 1988 and relates sponsors views on the reasons for delays in processing.
