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Resource Center
HUD Multifamily Housing Preservation
HUD-subsidized and assisted multifamily properties include those with federally subsidized mortgages (e.g., Section 236, Section 221(d)(3) Below-Market Interest Rate, and Section 202 and 811 properties) and those with federal project-based assistance contracts (usually Section 8). Continued affordable use of these developments is threatened by several factors: market-rate conversion at the end of a restricted use period, deterioration, or agency-initiated terminations or foreclosures. The topics below provide basic information about these issues, including the laws and resources essential for preserving affordable use or protecting tenants whose homes are threatened.
• Prepayment of HUD-Subsidized Mortgages
• Owner Nonrenewal of Expiring Project-Based Section 8 Contracts ("Opt-outs")
• Section 8 Contract Renewals
• Troubled Properties, Including Foreclosures & Contract Terminations
• Enhanced Vouchers & Tenant Protection Vouchers
• State & Local Preservation Initiatives
