Congressional Justification for 1983 Estimates, U.S. Department of Housing and Urban Development. Part 1: Departmental Summary, Housing, Government National Mortgage Association, Federal National Mortgage Association

摘要

The 1983 HUD budget marks a major shift in the way the Federal Government will provide future housing assistance to needy families. The proposed reform will emphasize preservation of existing housing stock instead of committing the Federal Government to costly, long - term assistance for the production of new housing. Beginning in 1983, the Modified Section 8 Housing Certificate Program will become the principal means of providing housing assistance to eligible low - income renters, but at substantially reduced cost to the taxpayer. The 1983 budget continues funding of Community Development Block Grants and Urban Development Action Grants at the same appropriation level as in 1982. A new grant program is also proposed in 1983, Rental Rehabilitation Grants, which will replace both the Section 312 Rehabilitation Loan Program and the Section 8 Moderate Rehabilitation Program. The report presents HUD budget summary tables delineating program levels, budget authority, budget outlays, analysis of unexpended balance, assisted housing programs, property acquisitions and mortgage assignments, and a staff summary. It discusses annual contributions for assisted housing, low - rent public housing, the Rent Supplement Program, troubled projects, homeownership assistance (Section 235), the Rental Housing Assistance Program, housing payments, payments for operation of low - income housing projects, and the Congregate Services Program, as well as other programs. Other sections focus on the Government National Mortgage Association and the Federal National Mortgage Association. Numerous tables are included.