Housing Assistance: An Inventory of Fiscal Year 2010 Programs, Tax Expenditures, and Other Activities
U.S. Government Accountability Office
Mortgage Insurance for Condominium Units (Section 234(c))
Administering Agency/Entity | Department of Housing and Urban Development |
Short Description | Provided mortgage insurance to protect lenders against the risk of default on mortgages for the purchase and refinance of certain individual condominium units. |
Primary Purpose | Assistance for buying, selling, or financing a home |
Type of Housing Supported | Homeownership |
Type of Assistance | Insured loan |
Fiscal Year 2010 Obligations | None; program is not active. Condominiums are now insured under Section 203(b) program. |