Tag Archives: housing

How Can Low-Income Renters Find Affordable Housing?

Low-income renters often face difficulties finding housing they can afford. But a federal program—the Low-Income Housing Tax Credit (LIHTC)—helps encourage developing this type of housing. This tax credit program has helped finance about 50,000 affordable rental units annually. The IRS … Continue reading

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Lead Paint in Housing

Was your home built before 1978? If so, there’s a chance that it contains some lead paint. The Department of Housing and Urban Development estimates that roughly 35 percent of U.S. homes contain some lead-based paint. So, what does this … Continue reading

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Housing with Supportive Services for Veterans

The Department of Housing and Urban Development estimated that nearly 40,000 veterans were homeless as of January 2016—making up about 10 percent of all people experiencing homelessness. To help, the government is converting unneeded federal property into supportive housing for … Continue reading

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Reconstruction Efforts in Haiti 5 Years after the Earthquake

Five years ago today, on January 12, 2010, a powerful earthquake struck Haiti. The earthquake killed an estimated 230,000 people, displaced about 2 million more, and destroyed many homes, roads, and other buildings. In addition to immediate relief efforts, the … Continue reading

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GAO’s Financial Markets and Community Investment Team

GAO’s workforce is generally organized into 14 mission teams. Today we’ll be putting the spotlight on the Financial Markets and Community Investment (FMCI) team. FMCI supports Congress by helping ensure the effectiveness of regulatory oversight in financial and housing markets, … Continue reading

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Foreclosure Rescue Schemes and You

Evidence suggests that individuals who are less financially savvy are more likely to fall victim to financial scams, hold high cost mortgages, and engage in costly credit card behavior. As a result, the cost of limited financial literacy can be … Continue reading

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