Housing Voucher Financial Management Division (FMD)

Primary Function: Financial Planning and Analysis, Financial Control and Coordination.

The Housing Voucher Financial Management Division coordinates and manages funding and financial management activities for the housing voucher and moderate rehabilitation programs. FMD has specific responsibility for budget formulation, resource allocation, and funds control. The FMD plays a special role in analyzing ongoing and future program funding needs. As the centralized point for most program financial control, FMD takes a lead role in resolving financial issues across all Housing Voucher programs.

FMD is a small group of Program Finance Specialists and a Division Director. One or more staff members from other teams serve the FMD from time to time on special projects and to provide staff augmentation. Each Housing Program Specialist shares duties in budget formulation, execution, and control. In addition to these areas of common responsibility, each specialist has primary accountability for leadership and expertise in one or more core and/or supplemental financial management areas.