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Pension Plans: Investments in Affordable Housing Possible With Government Assistance

HRD-92-55 Published: Jun 12, 1992. Publicly Released: Jun 12, 1992.
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Highlights

Pursuant to a congressional request, GAO reviewed how pension funds are used to help finance affordable housing for low-and moderate-income families, focusing on: (1) the features and common elements of 15 affordable housing arrangements financed by pension funds; and (2) the expected rates of return on such housing investments.

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Financial analysisFinancial managementFunds managementInvestment planningLow income housingMortgage programsPensionsRental housingSecuritiesMortgages