In a move that’s ultimately expected to save up to $45 million a year when fully implemented in 2016, the Department of Housing and Urban Development (HUD) this fall will begin restructuring its Office of Multifamily Housing Programs, consolidating field employees who work in 50 offices around the nation into 10 offices located in located in New York, Atlanta, Chicago, Fort Worth, San Francisco, Boston, Jacksonville, Detroit, Kansas City, and Denver. HUD’s Office of Field Policy and Management will also close 16 of its 80 field offices this year to save $110 to $150 million during a 10-year period. All 900 employees affected by both moves will be offered a position and relocation assistance, or they can elect to accept incentives for voluntary separation or early retirement. Source: HUD.


Back to top
Only 3 days left to register for Inman Connect Las Vegas before prices go up! Don't miss the premier event for real estate pros.Register Now ×
Limited Time Offer: Get 1 year of Inman Select for $199SUBSCRIBE×
Log in
If you created your account with Google or Facebook
Don't have an account?
Forgot your password?
No Problem

Simply enter the email address you used to create your account and click "Reset Password". You will receive additional instructions via email.

Forgot your username? If so please contact customer support at (510) 658-9252

Password Reset Confirmation

Password Reset Instructions have been sent to

Subscribe to The Weekender
Get the week's leading headlines delivered straight to your inbox.
Top headlines from around the real estate industry. Breaking news as it happens.
15 stories covering tech, special reports, video and opinion.
Unique features from hacker profiles to portal watch and video interviews.
Unique features from hacker profiles to portal watch and video interviews.
It looks like you’re already a Select Member!
To subscribe to exclusive newsletters, visit your email preferences in the account settings.
Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more
1-Step CheckoutPay with a credit card
By continuing, you agree to Inman’s Terms of Use and Privacy Policy.

You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.

Interested in a group subscription?
Finish setting up your subscription