The Office of Housing provides vital public services through its nationally administered programs. It oversees the Federal Housing Administration (FHA) the largest mortgage insurer in the world, as well as regulates housing industry business.
The mission of the Office of Housing is to:
Contribute to building and preserving healthy neighborhoods and communities
Maintain and expand homeownership, rental housing and healthcare opportunities
Stabilize credit markets in times of economic disruption
Operate with a high degree of public and fiscal accountability
Recognize and value its customers, staff, constituents and partners
Within the Office of Housing are four business areas:
Single Family Housing
HUD's Single Family programs include mortgage insurance on loans to purchase new or existing homes, condominiums, manufactured housing, houses needing rehabilitation, and for reverse equity mortgages to elderly homeowners.
Multifamily Housing
HUD's Multifamily programs provide mortgage insurance to HUD-approved lenders to facilitate the construction, substantial rehabilitation, purchase and refinancing of multifamily housing projects.
Healthcare Programs
HUD's Healthcare programs provide mortgage insurance on loans that finance the construction, renovation, acquisition, or refinancing of healthcare facilities such as hospitals and residential care facilities.
Offered by HUD trhough the desk of Edward E. Cambas.
Showing posts with label hud. Show all posts
Showing posts with label hud. Show all posts
Monday, November 7, 2011
Saturday, November 5, 2011
2009 Recovery Act.
The American Recovery and Reinvestment Act of 2009 (Recovery Act) was signed into law by President Obama on February 17th, 2009.
It is an unprecedented effort to jumpstart our economy, create or save millions of jobs, and put a down payment on addressing long-neglected challenges so our country can thrive in the 21st century. The Act is an extraordinary response to a crisis unlike any since the Great Depression, and includes measures to modernize our nation's infrastructure, enhance energy independence, expand educational opportunities, preserve and improve affordable health care, provide tax relief, and protect those in greatest need.
Info provided by the HUD websited through the desk of Edward E. Cambas, a Lic. Real Estate Broker.
It is an unprecedented effort to jumpstart our economy, create or save millions of jobs, and put a down payment on addressing long-neglected challenges so our country can thrive in the 21st century. The Act is an extraordinary response to a crisis unlike any since the Great Depression, and includes measures to modernize our nation's infrastructure, enhance energy independence, expand educational opportunities, preserve and improve affordable health care, provide tax relief, and protect those in greatest need.
Info provided by the HUD websited through the desk of Edward E. Cambas, a Lic. Real Estate Broker.
Subscribe to:
Posts (Atom)