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CFDA 14.188  ·  retired  ·  Funded this fiscal year

Housing Finance Agencies (HFA) Risk Sharing

ASST SECRETARY FOR HOUSING--FEDERAL HOUSING COMMISSIONER  ·  HOUSING AND URBAN DEVELOPMENT, DEPARTMENT OF  ·  Program page ↗

Objective

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.

Who Can Apply

  • For-Profit Organization

Eligible mortgagors, who include investors, builders, developers, public entities, and private nonprofit corporations or associations, may apply to a qualified HFA.

Who Benefits

  • U.S. State Government (including the District of Columbia)

Individuals, families, and property owners may be eligible for affordable housing.

Assistance Types

  • Loan Guarantee

Program Contact

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