HUD plans to reorganize its multifamily operations, Deputy Assistant Secretary Marie Head announced yesterday in a call with stakeholders and a press release. The changes involve consolidating its multifamily field offices into 10, made up of 5 primary and 5 satellite offices. Remarks from officials suggest the plan aims to reduce costs in a tough budget environment and increase efficiency of operations.
|A vacant former HUD office in Tucson, Ariz.|
The planned new field office structure would have five multifamily hubs each with a satellite office:
- New York, satellite in Boston
- Atlanta, satellite in Jacksonville
- Chicago, satellite in Detroit
- Fort Worth, satellite in Kansas City
- San Francisco, satellite in Denver
Other changes announced:
- Seattle office would remain to specialize in health care properties
- OAHP will be renamed the Office of Recapitalization and will handle more preservation transactions with Margaret Salazar as Director
- Section 8 and Contract Administration operations will be folded into the Office of Asset Management
- No Reduction in Force is planned, but rather a long transition offering staff opportunity to relocate or retire with incentives.
- Additional changes in HQ staff and organization for specific portfolios and troubled properties
Negotiations with civil service unions and Congress are yet to come. Read more details in HUD’s press release.