Buy a HUD-Foreclosed Multi-Family Property

The U.S. Department of Housing and Urban Development sometimes needs to sell multi-family housing projects it owns or are subject to a mortgage held by the Department. The property can also be sold with a grant for the rehabilitation of the property if the new owners meet certain requirements. (14.199 Multifamily Property Disposition) To learn about possible foreclosure sales, contact a Realtor or Department of Housing and Urban Development, Office of Housing, Multifamily Housing Programs, Office of Asset Management, Room 6160, 451 7th Street, SW., Washington, DC 20410; http://www.hud.gov/offices/hsg/mfh/pd/multifam.cfm