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.
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.
"We have to change to keep pace with the marketplace by leveraging technology, reducing our footprint, and enhancing customer service in ways that will help ensure that we complete our work and deliver our products at a 21st Century level." said Marie Head, Deputy Assistant Secretary for Multifamily Housing Programs."