Sign Up For Novogradac Industry Alert Emails

GAO Published a Report with Suggestions to Improve Eligibility Determinations for RHS Programs

Monday, January 3, 2005 - 7:45AM

Changing the definition of “rural” might allow the Rural Housing Service (RHS) to treat communities with similar characteristics more consistently, according to the U.S. Government Accountability Office (GAO). GAO today published a report with three suggestions for congressional consideration that it suggests could improve eligibility determinations for RHS programs: (1) eliminating the metropolitan statistical area (MSA) criterion and recommending that RHS use density measures as a basis for its eligibility decisions, (2) phasing out the practice of “grandfathering” communities that experienced changes in eligibility because of inclusion in an MSA, and (3) eliminating the “lack of credit” requirement. Click here for a copy of GAO's complete report.

Learn more about Novogradac's expertise and many services