Housing Finance Agencies (HFA) Risk Sharing

Department Of Housing And Urban Development, Asst Secretary For Housing--federal Housing Commissioner

Under Section 542(c), HUD provides credit enhancement for mortgages for multifamily housing projects whose loans are underwritten, processed, serviced, and disposed of by Housing Finance Agencies (HFA). HUD and the qualified State and local HFAs share in the risk of the mortgage.

Jargon-free version

Helps housing finance agencies provide safer loans for multifamily housing projects. It shares the risk of these loans between HUD and the agencies.

Quick Facts

Funding
Contact for details
Deadline
Rolling
Status
Rolling Intake
Category
Housing & Community Development
Organization
Department Of Housing And Urban Development, Asst Secretary For Housing--federal Housing Commissioner

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What Is This Program?

Section 542(c) provides credit enhancement for mortgages of multifamily housing projects whose loans are underwritten, processed, serviced, and disposed of by HFAs. HUD and HFAs share in the risk of the mortgage.

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How Do I Apply?

carmelita.a.james@hud.gov
(202) 402-2579

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FAQFrequently Asked Questions

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