Share
Assisted Housing: Overview of Problems at the Longwood Cooperative in Cleveland, Ohio: Rced-88-202
U. S. Government Accountability Office ( ; U. S. Government Accountability Office ( (Author)
·
Bibliogov
· Paperback
Assisted Housing: Overview of Problems at the Longwood Cooperative in Cleveland, Ohio: Rced-88-202 - U. S. Government Accountability Office ( ; U. S. Government Accountability Office (
Choose the list to add your product or create one New List
✓ Product added successfully to the Wishlist.
Go to My Wishlists
Origin: U.S.A.
(Import costs included in the price)
It will be shipped from our warehouse between
Tuesday, August 13 and
Tuesday, August 20.
You will receive it anywhere in United Kingdom between 1 and 3 business days after shipment.
Synopsis "Assisted Housing: Overview of Problems at the Longwood Cooperative in Cleveland, Ohio: Rced-88-202"
Pursuant to a congressional request, GAO reviewed the events surrounding the failure and foreclosure of the Longwood Cooperative, a low-income, multifamily housing project, focusing on: (1) the history of Longwood's financial and management problems; (2) why it took nearly 4 years for the Department of Housing and Urban Development (HUD) to gain possession of Longwood after foreclosure proceedings began in 1982; and (3) HUD efforts to revitalize Longwood through its resale and rehabilitation. GAO found that: (1) Longwood began operations in the late 1950s, and converted to a nonprofit cooperative in July 1975 because of continuing financial problems; (2) a private firm managed Longwood from July 1975 through April 1977, when another firm replaced it; (3) the second firm inadequately managed Longwood, and the financial problems continued despite substantial federal assistance; (4) the Department of Justice began foreclosure proceedings on behalf of HUD in August 1982, but HUD did not gain control of Longwood until July 1986 because of court delays; (5) HUD sold the project in August 1987 under the condition that the new owner rehabilitate it within 2 years, and HUD estimated that rehabilitation costs would exceed $12 million; and (6) the new owner had completed about 85 percent of the rehabilitation work as of May 1988.
- 0% (0)
- 0% (0)
- 0% (0)
- 0% (0)
- 0% (0)
All books in our catalog are Original.
The book is written in English.
The binding of this edition is Paperback.
✓ Producto agregado correctamente al carro, Ir a Pagar.
