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ExpectMore.govExpectMore.gov home pageEXPECT FEDERAL PROGRAMS TO PERFORM WELL, AND BETTER EVERY YEAR.
 
Program Assessment

Program

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Multi-Family Housing Programs

USDA's Rural Housing Service makes loans to developers for very low-income, rural rental housing. Using rental assistance grants, direct loan borrowers 'buy down' the rent of very low-income tenants, so that they pay no more than 30% of their income for housing. Loan guarantees are made for moderate income tenant housing.

Rating

What This Rating Means

PERFORMING
Moderately Effective

In general, a program rated Moderately Effective has set ambitious goals and is well-managed. Moderately Effective programs likely need to improve their efficiency or address other problems in the programs' design or management in order to achieve better results.
  • Financial management and program design could be improved if the agency required property owners to keep an appropriate reserve for capital repairs.
  • The annual performance measures adequately guide the agency. These measures them to asses how many people they are serving and how many properties continue to be in good condition so that they can determine how they are progressing in reducing homelessness.
  • Newly created long-term outcome based performance measures are good. USDA is on track to meet its long-term goal of reducing rural homelessness by 10 percent by 2010.

Improvement Plan

About Improvement Plans

We are taking the following actions to improve the performance of the program:

  • Finalizing regulations that will require the property owners to maintain an appropriate reserve for capital repairs.
  • Implementing legislative changes that will help address dilapidated properties currently within the portfolio.
  • Implementing and tracking the new long-term measures, as well as developing and improving current annual goals so that they tie more directly with funding decisions.

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