The Waste List > Total Value of Government Waste: $57,322,568,479
Housing Assistance (Assistance for Financing Rental Housing)
The following are 25 duplicative spending programs for Housing Assistance (Assistance for Financing Rental Housing) across 4 agencies:
AgencyDetailsCost
Federal Home Loan Banks Affordable Housing Program $216,000,000
Department of Housing and Urban Development Supportive Housing for the Elderly (Section 202) $580,250,000
Department of Housing and Urban Development Assisted-Living Conversion Program
Department of Housing and Urban Development Mortgage Insurance for Manufactured Home Parks (Section 207)
Department of Housing and Urban Development Existing Multifamily Rental Housing (Section 207/223(f)) ($261,000,000)
Department of Housing and Urban Development Mortgage and Major Home Improvement Loan Insurance for Urban Renewal Areas (Section 220) ($18,000,000)
Department of Housing and Urban Development Multifamily Cooperatives (Section 221(d)(3)) $9,000,000
Department of Housing and Urban Development Multifamily Rental Housing (Section 221(d)(4)) ($45,000,000)
Department of Housing and Urban Development Mortgage Insurance for Housing for the Elderly (Section 231)
Department of Housing and Urban Development Mortgage Insurance for Single Room Occupancy Projects (Section 221(d)) pursuant to Section 223(g)
Department of Housing and Urban Development Supplemental Loans for Multifamily Projects (Section 241)
Department of Housing and Urban Development Supportive Housing for Persons with Disabilities (Section 811) $130,359,000
Department of Housing and Urban Development Housing Finance Authority Risk Sharing (Section 542(c)) ($2,000,000)
Department of Housing and Urban Development Government Sponsored Enterprise Risk Sharing (Section 542(b))
Department of Housing and Urban Development Mark-to-Market Program
Department of Housing and Urban Development Interest Reduction Payments for Rental and Cooperative Housing for Lower Income Families
Department of Housing and Urban Development Multifamily Operating Loss Loans (Section 223(d))
Department of Housing and Urban Development Multifamily Property Disposition
Department of Housing and Urban Development Revitalization of Severely Distressed Public Housing (HOPE VI) $120,456,000
Department of Housing and Urban Development Revitalization of Severely Distressed Public Housing (HOPE VI) $120,456,000
Department of Agriculture Section 538 Rural Rental Housing Guaranteed Loans $1,000,000
Department of Agriculture Section 514 and 516 Farm Labor Housing Loan and Grant Program $16,000,000
Department of Agriculture Multifamily Rental Housing Preservation and Revitalization $1,000,000
Internal Revenue Service Low-income housing tax credit $5,650,000,000
Internal Revenue Service Rental housing bonds interest exclusion $1,050,000,000

Source: Table 10, Appendix III, "Opportunities to Reduce Duplication, Overlap and Fragmentation, Achieve Savings, and Enhance Revenue," Government Accountability Office, 2/28/2012