The Role of Consistent Implementation of Policy: An Assessment of the Section 502 Low-Income Homeownership Program

Levy Economics Institute Working Paper No. 106

43 Pages Posted: 26 Oct 1998

See all articles by George W. McCarthy

George W. McCarthy

Bard College

Roberto Quercia

University of North Carolina (UNC) at Chapel Hill - Department of City and Regional Planning

Gabor Bognar

Independent

Date Written: March 1994

Abstract

This working paper provides an ex post evaluation of the Section 502 Low-Income Home Ownership program of the Farmer's Home Administration (FmHA). Using a fully specified multivariate analysis, the evaluation specifically seeks to analyze the program's delivery system and the effect of that system on reaching the program's stated goals. That is, does the program live up to and is it consistent with its stated goals, what is the quality of program implementation, and how does implementation quality relate to mortgage performance? The authors are particularly interested in what factors had strong effects on the likelihood of default.

JEL Classification: R31

Suggested Citation

McCarthy, George W. and Quercia, Roberto G. and Bognar, Gabor, The Role of Consistent Implementation of Policy: An Assessment of the Section 502 Low-Income Homeownership Program (March 1994). Levy Economics Institute Working Paper No. 106. Available at SSRN: https://ssrn.com/abstract=137427 or http://dx.doi.org/10.2139/ssrn.137427

George W. McCarthy (Contact Author)

Bard College ( email )

Blithewood
The Jerome Levy Economics Institute
Annandale-on-Hudson, NY 12504
United States

Roberto G. Quercia

University of North Carolina (UNC) at Chapel Hill - Department of City and Regional Planning ( email )

New East Building
Chapel Hill, NC 27599-3140
United States
919-962-4766 (Phone)
Not available (Fax)

Gabor Bognar

Independent ( email )

No Address Available
United States

Here is the Coronavirus
related research on SSRN

Paper statistics

Downloads
64
Abstract Views
943
rank
362,074
PlumX Metrics