Public Housing: HUD Has Several Opportunities to Promote Private Management
A letter report issued by the General Accounting Office with an abstract that begins "Pursuant to a congressional request, GAO reviewed the use of private contractors in the public housing industry, focusing on: (1) the basis for the Office of Management and Budget's (OMB) 1998 assertion that privatizing public housing management could save $200 million annually; (2) the basis for housing practitioners' and experts' belief that adopting private management for public housing could lead to the more cost-effective use of public housing resources; (3) the extent to which housing authorities have adopted private management strategies, the experiences they have had in implementing these strategies, and the primary obstacles they have encountered in adopting private management; and (4) whether opportunities exist for the Department of Housing and Urban Development (HUD) to encourage housing authorities to make more cost-effective use of their resources by considering private management as an alternative to in-house management."