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Agency Snapshot:
Department of Housing and Urban Development The Department of Housing and Urban Development (HUD) serves to create strong, sustainable, inclusive communities and quality, affordable homes for all. The Department’s budgetary resources ensures the operation of the Office of Fair Housing and Equal Opportunity, Office of Public and Indian Housing, Government National Mortgage Association, Office of Community Planning and Development, the Federal Housing Administration, and other program offices.
Senior Real Property Officer: Charles Mace
Agency Real Property Profile
HUD uses 4.1 million square feet of space, of which 2.3 million square feet is Federally owned and 1.8 million square feet is leased. This space houses HUD’s 85 locations nationwide, including the Robert C. Weaver Federal Building, which is on the National Register of Historic Places and serves as the headquarters building. The graph to the right shows the different types of space the Department uses.
Reduction in Real Property Usage
The Department’s goal for cost savings by the end of the fiscal year 2012 is $1 million. The chart, “Progress Towards the Goal”, identifies what has been achieved to date in real property cost savings.
Breakdown in Reduction
As HUD does not own any real property, the agency’s ability to reduce its Real Property costs is limited. HUD’s offices are located nationwide based on its mission requirements. Wherever possible HUD is taking steps to reduce the amount of space it occupies across the country, thereby reducing leased rental costs.