Many important questions should be weighed by the Congress in considering the recommendations made by the President's Commission on Housing in its October 30, 1981, interim report. The Commission's recommendations would substantially revise current housing policies and programs and likely have major effects on the housing market. GAO provides comments and raises pertinent questions regarding each of the proposals based upon its past work and discussions with a variety of housing experts.

GAO's review is intended to assist the Congress in its deliberations on the relative merits of the Commission's recommendations. It does not take positions for or against the various proposals, but rather focuses on possible barriers to their effective implementation. It also treats each of the recommendations separately rather than attempting to discuss the cumulative effects of these changes on the housing situation, the economy as a whole, or the capital markets.

This report is part of the collection of scanned historical documents available to the public.