Rural Rental Housing: Cost Information on FmHA's (Farmers Home Administration's) Section 515 Program and Other Housing Options

摘要

The report responds to the February 7, 1986, request from the Senate Committee on Banking, Housing, and Urban Affairs, and its Subcommittee on Housing and Urban Affairs. The report (1) identifies whom the section 515 program is serving and where housing is being provided, (2) assesses ways to reduce program costs, (3) compares program costs with costs of other federal housing subsidy options, and (4) identifies state programs that provide assistance in rural areas. It recommends that the Secretary of Agriculture direct the Administrator, Farmers Home Administration(FmHA), to finalize and implement regulations for reducing section 515 project development costs.