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ERIC Number: ED307371
Record Type: Non-Journal
Publication Date: 1989-Feb
Pages: 61
Abstractor: N/A
Reference Count: N/A
Rental Housing. Housing Vouchers Cost More than Certificates but Offer Added Benefits. Report to the Chairwoman, Subcommittee on HUD-Independent Agencies, Committee on Appropriations, U.S. Senate.
General Accounting Office, Washington, DC. Resources, Community, and Economic Development Div.
In this study of rental assistance programs for low-income households administered by the Department of Housing and Urban Development (HUD), the General Accounting Office (GAO) compares the costs and benefits of housing certificates and housing vouchers. The certificate program, established in 1974, and the voucher program, authorized in 1983, aim to create an alternative to the construction of low-rent housing by providing low-income families with subsidies for private rental housing. The GAO study, prompted by a request from the Senate Subcommittee on HUD-Independent Agencies, also investigates the costs of converting outstanding housing certificates to vouchers and assesses HUD's fair market rent (FMR) structure and its effect on tenant rent burdens. The GAO study finds that while housing vouchers provide families with more flexibility to "shop around" for suitable housing and with higher subsidies than certificates, the voucher program is more costly and serves fewer families. The GAO finds that HUD's budgeting processes are inconsistent, that HUD FMRs are not always accurate, and that the cost of converting certificates to vouchers would be high. The report includes one table and ten figures. Appendices provide the following information: (1) methodology; (2) contributing public housing agencies; (3) HUD response to the report; and (4) major contributors. (AF)
U.S. General Accounting Office, P.O. Box 6015, Gaithersburg, MD 20877 (first five copies, free; additional copies, $2.00 each; 100 or more copies, 25% discount).
Publication Type: Reports - Evaluative
Education Level: N/A
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: General Accounting Office, Washington, DC. Resources, Community, and Economic Development Div.