Housing Assistance: An Inventory of Fiscal Year 2010 Programs, Tax Expenditures, and Other Activities
U.S. Government Accountability Office
Section 523 Self-Help Housing
Administering Agency/Entity | Department of Agriculture |
Short Description | Provides loans to nonprofit organizations to purchase and develop land. Housing on the bulding sites is to be built by the mutual self-help method (groups of low-income families helping build their own homes). Each family is expected to contribute at least 700 hours of labor in building homes for each other. Participating families generally have low incomes and are unable to pay for homes built by the contract method. |
Primary Purpose | Assistance for buying, selling, or financing a home |
Type of Housing Supported | Homeownership |
Type of Assistance | Direct loan |
Fiscal Year 2010 Obligations | None; no loans were made in fiscal year 2010. |