Fortunes Are Made In HUD Foreclosed Property

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Matthew Lesko

Fortunes Are Made In HUD Foreclosed Property

The U.S. Department of Housing and Urban Development sometimes needs to sell multifamily housing projects that are owned by the Department or are subject to a mortgage held by the Department. The property can also be sold with a grant for the rehabilitation of the property if the new owners meet certain requirements. See Program #14.199 Multifamily Property Disposition at Department of Housing and Urban Development, Office of Housing, Multifamily Housing Programs, Office of Asset Management, Room 6160, 451 7th Street, SW., Washington, DC 20410; 202-708-0614, extension 2680

www.hud.gov/offices/hsg/mfh/progdesc/progdesc.cfm.

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