GOVERNMENT GLOSSARY
HUD
U.S. Department of Housing and Urban Development
A federal department administering housing and community-development programs.
What does HUD mean?
A federal department administering housing and community-development programs. Professionals may calculate, document or apply this concept differently depending on the transaction, accounting method, lender policy and governing documents. Borrowers should confirm the precise definition used in any term sheet or agreement.
HUD in context
An eligible multifamily project may pursue a HUD-insured financing program.
Why it matters in financing
HUD can influence how a lender, investor or advisor evaluates risk, pricing, structure, repayment capacity or transaction economics. It should be considered together with the complete financial picture rather than used alone.
Related government terms
Educational information only. This definition is general, may not match a particular lender or contract, and is not financial, accounting, tax or legal advice.