The U.S. Department of Housing and Urban Development is undertaking a series of restructuring and systemic changes within its Office of Multifamily Housing Programs and also realigning its field structure. These changes will transform HUD for the 21st century.
Transforming Multifamily
HUD's Office of Multifamily Housing provides mortgage insurance to HUD-approved lenders to facilitate the construction, substantial rehabilitation, purchase and refinancing of multifamily housing projects as well as administering a number of project-based rental assistance programs. Multifamily will be undertaking a multi-year transformation effort, including both implementing operational improvements and streamlining its organization in headquarters and the field.