Multifamily Housing Program Financial Management Toolkit

1a. Introduction

Financial and grants management are integral to effectively and efficiently utilizing HUD funds to achieve the goals of on-the-ground housing programs across the U.S. This Multifamily Housing Finance and Grants Management Toolkit serves as a supplementary reference to assist HUD grantees and their sub-recipients in fulfilling the fiduciary and grants management responsibilities that are detailed in contract and grant award documents.

What Is Our Objective?

Our primary objective is to help assure that grantees and sub-recipients are able to safeguard grant funds and ensure that all funds are used for the purposes for which they were awarded. The Toolkit provides straightforward statements of compliance and responsibility, along with references to the underlying rules, regulations and legislation that affect the financial and administrative management of Multifamily Housing grant awards. Wherever possible, we include citations and links to source documents, where you’ll be able to find, in many cases, more detailed instructions and references to underlying statutes and examples.

Who Is Our Audience?

The primary audiences for the Toolkit are the grantees and sub-recipients of Multifamily Housing grant programs:

  • Assisted Living Conversion Program
  • Congregate Housing Services Program
  • Section 811 Project Rental Assistance (PRA) Program
  • Service Coordinators in Multifamily Housing
  • Supportive Services Demonstration for Elderly Households in HUD-Assisted Multifamily Housing