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GAO Report Says HUD Section 202 Program Reaches Small Percentage of Low-Income Elderly Households

Tuesday, June 17, 2003 - 1:45AM

The U.S. Department of Housing and Urban Development’s (HUD) Section 202 program provides a valuable housing resource but has reached only about an estimated 8 percent of very low income elderly households, notes the U.S. General Accounting Office (GAO) in a report to the Senate Special Committee on Aging published today. Section 202 is the only federal program devoted exclusively to providing this type of housing, offering approximately 260,000 rental units nationwide. The GAO report presents findings on delays in Section 202 project approval and construction, and their causes, and makes several recommendations for remedies.

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