A summary of the occupancy requirement of subsidized multifamily housing programs for property owners. HUD-subsidized multifamily properties represent an important and valuable resource in addressing the nation’s affordable housing needs. The successful delivery of this housing resource to the people who need it depends on effective occupancy policies and procedures. HUD’s occupancy requirements and procedures ensure that eligible applicants are selected for occupancy, that tenants receive the proper level of assistance, and that tenants are treated fairly and consistently. HUD Handbook 4350.3 Rev-1, Occupancy Requirements of Subsidized Multifamily Housing Programs (also referred to in this summary as the Multifamily Occupancy Handbook) describes occupancy-related […]