Assistance program
Mortgage Insurance Rental Housing
-$1.2 Million committed in FY2019–FY2020
- Agency
- Asst Secretary for Housing--Federal Housing Commissioner, Housing and Urban Development, Department of
- Assistance
- Guaranteed/Insured Loans
- CFDA number
- 14.134
- What it does
- HUD insures mortgage loans to finance the construction or rehabilitation of a broad range of multifamily rental housing through a variety of programs linked in the Related Federal Assistance section. Though Section 207 itself is no longer active, this assistance listing is used to provide total FHA multifamily mortgage commitments across those programs. Due to challenges in breaking out projected commitments by each listing, the activity is summed and reported here.
- Who benefits
- All families eligible to occupy dwellings in a structure whose mortgage is insured under the program, subject to normal tenant selection.
- Who applies
- Eligible mortgagors include investors, builders, developers, and others who meet HUD requirements for mortgagors.
- Authorized by
- National Housing Act, as amended, Section 207, Public Law 75-424, 12 U.S.C. 1713.
Committed by fiscal year
Top recipients
By dollars committed.
How to read these numbers
- Committed through this program
Money committed under this assistance listing (its CFDA program), counted in the year each action happened.
- How it's paid
Most programs pay out one way — a grant, or a direct payment to individuals; the flow bar only appears when a program genuinely mixes types.
- Some recipients aren't itemized
For entitlement programs like Social Security and Medicare, the government reports one aggregate instead of naming tens of millions of people, so the recipient roster isn't part of the public record.
- Awards, counted once
An award count is the number of distinct awards with at least one action that year — each counted once, however many times it was amended.
- The colored bars
Every bar on this page splits by how the money moves:
Direct payments