Rural Casing Service: Advances towards the GAO Guidance and you can Preliminary Observations on Mortgage Guarantee Chance Administration
Just what GAO Discovered
Convergence when you look at the housing guidance apps-instance that from the latest Agencies off Agriculture’s (USDA) Outlying Property Solution (RHS) and the Institution from Construction and you may Urban Creativity (HUD)-highlight possibilities for improved venture and you can consolidation. GAO’s report discovered overlap regarding items considering and you may communities (earnings organizations) and you may geographic elements served by RHS and you may HUD unmarried-members of the family home loan verify apps. GAO and found selected multifamily construction apps supported equivalent intentions. The fresh declaration generated about three advice to RHS. RHS generally conformed toward advice and you may implemented you to by the formalizing collaborative services with other federal organizations for the solitary-nearest and dearest housing programs. not, RHS or other federal construction firms haven’t yet taken almost every other necessary strategies to build with the interagency perform-such, from the contrasting certain potential to have merging similar construction apps, as well as those that would require legal alter.
RHS generally arranged which have and has now treated several of GAO’s earlier in the day suggestions for the new leasing advice and you may ranch labor houses programs, however, other people wanted subsequent interest. Specifically, RHS followed around three of eight suggestions GAO made in so you can boost the agency’s jobs to spot and reduce improper rental direction payments. (suite…)