Housing Assistance: An Inventory of Fiscal Year 2010 Programs, Tax Expenditures, and Other Activities
U.S. Government Accountability Office
Single Family Property Disposition Program (Section 204(g))
Administering Agency/Entity | Department of Housing and Urban Development |
Short Description | Disposes of single-family one-to-four unit properties acquired by the Federal Housing Administration (FHA) through foreclosure of an insured mortgage. Listings of properties in inventory are publicly available and individual parties as well as nonprofit and government entities may purchase properties. |
Primary Purpose | Assistance for buying, selling, or financing a home |
Type of Housing Supported | Homeownership |
Type of Assistance | Property disposition |
Fiscal Year 2010 Obligations | Costs/savings associated with property disposition are among the items factored into subsidy rates and are included in expected credit subsidy costs under Mutual Mortgage Insurance Fund. |