HUD Transformation Update

HUD Secretary Shaun Donavan released the following memorandum on April 4, 2014:

Today, we are moving forward with the transformation of HUD’s Multifamily Housing Office.  In the wake of express direction from Congress, Multifamily will proceed with its existing plan for the transformation, with one key modification.

For now, Asset Management employees will continue to operate in existing offices around the country.  But the plan will remain otherwise unchanged. The transformation will still incorporate the four components we originally announced:

• Workload Sharing;
• The Underwriter Model in Production;
• The Account Executive Model in Asset Management;
• And, streamlining operations by moving to a five region model, with each region having one hub office and one or two core satellite offices.

These changes help us to work more efficiently and consistently. In places where we’ve begun implementing them, you have told us that you have been able to direct your talents to the work that matters most, and your morale has improved.

There are a lot of details to be worked out before the changes will take place, but I want to be clear about what this does and does not mean for Asset Management staff in the field. While employees in consolidating offices who are not part of Asset Management will receive a reassignment to a hub or core satellite office, Asset Management employees will have the choice to remain in place.

We expect that eligible staff in consolidating offices will still be able to receive buyouts and we expect that Asset Management employees in consolidating offices who wish to voluntarily relocate to their preferred hub or core satellite location will still have the opportunity to do so.

For more information, visit: Transforming HUD for the 21st Century.