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<classification authority="sudocs">GA 1.13:RCED-94-141</classification>
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 <reportNumber>RCED-94-141</reportNumber>
 <subject>Federal/state relations</subject>
 <subject>Program abuses</subject>
 <subject>Rental housing</subject>
 <subject>Low income housing</subject>
 <subject>Federal aid for housing</subject>
 <subject>Appropriated funds</subject>
 <subject>Funds management</subject>
 <subject>Allocation (Government accounting)</subject>
 <subject>Property improvement loans</subject>
 <subject>Rural housing programs</subject>
 <identifier>FmHA Rural Rental Housing Program</identifier>
 <identifier>FmHA Section 515 Program</identifier>
 <identifier>FmHA Rural Rental Assistance Program</identifier>
 <identifier>HUD Section 8 Housing Assistance Program</identifier>
 <identifier>Pennsylvania</identifier>
 <identifier>California</identifier>
 <identifier>South Dakota</identifier>
 <identifier>FmHA Rural Housing Targeting Set-Aside Program</identifier>
 <type>Letter Report</type>
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<titleInfo>
 <title>Rental Housing: Distribution and Use of FmHA&apos;s Rural Rental Housing Program Funds</title>
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<abstract>The Housing Act of 1949 created the Rural Rental Housing Program to
provide affordable housing for lower-income households. With annual
appropriations of about $574 million for fiscal years 1992 and 1993, the
program provides low-interest loans to borrowers to build and
rehabilitate affordable housing projects in rural areas. This report
discusses the (1) Farmers Home Administration&apos;s (FmHA) procedures for
allocating funds to states and selecting projects within states and
whether these procedures have caused project concentration in a
relatively small number of states; (2) extent to which FmHA&apos;s allocation
and project award procedures reflect actual housing needs; (3) extent to
which states have used program funds, including the amount of unused
funds that have been reallocated to other states; and (4) size and
status of the rural rental housing portfolio as of September 30, 1992.</abstract>
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<identifier type="preferred citation">GAO/RCED-94-141</identifier>
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<note>Letter Report</note>
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 <topic>Federal/state relations</topic>
 <topic>Program abuses</topic>
 <topic>Rental housing</topic>
 <topic>Low income housing</topic>
 <topic>Federal aid for housing</topic>
 <topic>Appropriated funds</topic>
 <topic>Funds management</topic>
 <topic>Allocation (Government accounting)</topic>
 <topic>Property improvement loans</topic>
 <topic>Rural housing programs</topic>
 <topic>FmHA Rural Rental Housing Program</topic>
 <topic>FmHA Section 515 Program</topic>
 <topic>FmHA Rural Rental Assistance Program</topic>
 <topic>HUD Section 8 Housing Assistance Program</topic>
 <topic>Pennsylvania</topic>
 <topic>California</topic>
 <topic>South Dakota</topic>
 <topic>FmHA Rural Housing Targeting Set-Aside Program</topic>
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