Home ownership option found in some tribal housing projects has not yet been used, audit finds
A program intended to help people in low-income housing eventually buy their homes has yet to be used, according to a new performance audit by the Office of the Washington State Auditor.
The federal Low-Income Housing Tax Credit program is intended to encourage development of affordable rental housing, but a few program projects allow tenants to buy their homes. The Housing Finance Commission manages this program in Washington.