DISCLAIMER
The
information regarding the Multifamily Assistance and Section 8 contracts,
and properties is being furnished for the convenience of interested
parties. The information has been compiled from multiple data sources
within FHA or its contractors. This information does not purport
to be complete or all inclusive. No representation or warranty,
express or implied, as to any of the information contained in these
files is made by HUD, FHA or any of their respective contractors,
representatives or agents, or any officer, Director, employee, or
any of the above. Please read all of the instructions
before using the Download utility.
The
Multifamily Assistance and Section 8 Contracts database is a replacement
of the previously named Section 8 Expiring database. The contents
and the structure of the file have been enhanced, so please also
review the Data Element Dictionary (DED).
Based
on numerous requests for this data we plan on updating the contents
of this file monthly. Please read the INSTRUCTIONS.
*You
must have the referenced commercial software in order to use the
download. HUD does not provide the commercial software.
** This downloadable file is self-extracting within MS Windows
XP, simply click on it through "explorer" or select
"Start, Run" from the task bar and path to wherever
you download the file to.
INSTRUCTIONS:
This
database was created to provide HUD partners/clients with a way
of measuring the potential impact of expiring project-based subsidy
contracts in their communities. It represents the most comprehensive
picture of project-based subsidies yet developed, but like any "snap-shot",
its usefulness has limits, although, Multifamily plans to refresh
this data on a monthly basis. Below, we give a summary of what to
keep in mind when viewing the information:
1.
Download of the Assistance and Section 8 Contracts - This compressed,
(self extracting) file is offered in Microsoft Access 2007 for Windows
XP. It is important to note that this is a very large file and the
speed for completing the download of the file is dependent on the
bandwidth of your Internet Service Provider (ISP) and the speed
of your connection to the internet. The database contains two tables,
one on the contract level, the other on the property level. To see
property level data you must link these two tables by the property
id field.
2.
Contract Expiration Data and Units - Please keep in mind that you
will often find more than one contract will share the same property
information. The field "assisted_units_count" , in the
contract level table counts the number of units funded in that unique
contract; the term "property_total_unit_count" shows how
many units are in the entire property. A project with 100 units
and two 50-units Section 8 contracts would have two records in the
contract table and one record in the property table.
3.
Rent/Fair Market Rents - For each contract, we display the overall
average ratio of gross contract rents to FMR taking into account
the number of units and FMR for each bedroom size. Please note that
this ratio is a guide only. In addition, since FMRs are determined
by county and metro area, errors in project address data may lead
to incorrect FMR benchmarks. Lastly, project rents change frequently
and are therefore more subject to error. In creating this database,
HUD staff processed over 24,000 address records and over 70,000
rent records. While considerable effort was made to assure the accuracy
of the data used, absolute certainty is impossible.
4.
HUD-Held and HUD-Owned Status - The classification of projects as
"HUD-Held" or "HUD-Owned" is based solely on
status codes in HUD's accounting systems and has not been independently
verified. For the most current status of a particular insured mortgage,
contact the local HUD Field Office.
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