FY 02 Multifamily Initial Endorsements

Information by State  Print version   Want More Information? If you have a question about Multifamily initial endorsements e-mail us. For other questions about HUD programs click on "contact us' on the brown topics bar on the left side of the page.

Initial Endorsements increased dramatically in FY 02 as HUD endorsed 1104 Basic FHA & Risk Sharing loans totally $6.5 billion and providing 146,991 units/beds. The number of Basic FHA loans endorsed exceeded FY 01 endorsements by 55% and was more than double FY 00 levels. All major programs contributed to the increase. New construction/ sub rehab apartments were up 20% and 232 health care and 223f loans jumped 55%. The 1047 Basic FHA loans are spread across 48 states, the District of Columbia and Puerto Rico and provide the public with a variety of shelter options: 731 apartment/coop projects; 97 assisted living/ board & care facilities; 215 nursing homes, and four mobile home parks. 18 HFAs and Fannie Mae made risk sharing loans.

	reports describing the program, geographic, and lender distribution of these projects
	a database visitors may download & use to prepare their own analyses.

All data was derived from F47, the Multifamily Insurance System.