Office of Multifamily Housing Programs

From USApedia
Office of Multifamily Housing Programs
Type: Government
Parent organization: United States Department of Housing and Urban Development
Employees: 1000
Executive: Deputy Assistant Secretary for Multifamily Housing Programs
Budget: $13.7 billion (FY 2023 for multifamily housing)
Address: 451 7th Street SW, Washington, DC 20410
Website: https://www.hud.gov/program_offices/housing/mfh
Creation Legislation: Housing and Urban Development Act of 1965
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Office of Multifamily Housing Programs
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Mission
To promote the availability of decent, safe, and affordable housing for low-income families, the elderly, and persons with disabilities through the management of multifamily housing programs; to support the development, rehabilitation, and preservation of multifamily housing units.
Services

Program Administration; Property Management; Financial Assistance

Regulations

24 CFR Parts 200-299

Office of Multifamily Housing Programs (MFH) oversees HUD's efforts in providing affordable housing through multifamily structures, focusing on those with lower incomes, the elderly, and individuals with disabilities.

Official Site

Mission

The mission of MFH is to ensure the availability of affordable, high-quality multifamily housing options. It works to develop, finance, and preserve housing units by providing financial assistance, managing programs, and setting standards that promote safe, sustainable living environments for underserved populations.

Parent organization

MFH is part of the United States Department of Housing and Urban Development (HUD).

Legislation

MFH operates under the authority of the Housing and Urban Development Act of 1965, which established HUD's role in housing development.

Partners

  • Property owners and managers of multifamily housing
  • Non-profit housing organizations
  • State and local governments for housing initiatives

Number of employees

MFH employs approximately 1,000 individuals.

Organization structure

  • Office of the Deputy Assistant Secretary directs policy and operations.
  • Program Administration manages the implementation of housing programs.
  • Asset Management oversees the performance of multifamily properties.
  • Production deals with the underwriting and closing of new loans.

List of programs

Last total enacted budget

The budget for HUD's multifamily housing programs in Fiscal Year 2023 was approximately $13.7 billion.

Leader

MFH is led by the Deputy Assistant Secretary for Multifamily Housing Programs.

Services provided

MFH provides services through financing options like mortgage insurance for building or rehabbing multifamily properties, rental assistance to make housing affordable, grants or loans for property improvement, and technical assistance for property owners and managers to ensure compliance with housing policies and standards.

Regulations overseen

MFH oversees regulations under Title 24 of the Code of Federal Regulations (CFR), specifically Parts 200-299, which cover multifamily housing, including property standards, tenant rights, financial management, and program participation criteria.

Headquarters address

451 7th Street SW, Washington, DC 20410

Website

https://www.hud.gov/program_offices/housing/mfh

Wikipedia article

There is no specific Wikipedia article for MFH; for related information, see wikipedia:United States Department of Housing and Urban Development.

External links

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