MMI Fund Capital Reserve (Negative Subsidy)

What this funds

…The size and two-year availability for this commitment authority reduces the likelihood of program disruption should there be a continuing resolution or In 2027, the entire MMI portfolio is projected to generate $9.4 billion in negative subsidy receipts. These receipts are transferred to the MMI Capital Reserve account, where they are available to cover Funding level at $1 million in loan commitment authority will provide short-term direct mortgages for non-profits and governmental agencies to purchase single-family properties. This will enable these entities to purchase HUD-owned single-family properties to subsequently make those properties available for resale to purchasers with household incomes at or below 115 percent of an area's median income in support of their affordable housing programs. While this program has been infrequently used in recent years, it remains a valuable tool for HUD to support affordable homeownership opportunities in distressed communities while responsibly managing its Real Estate Stakeholders have access to the HUD website for approved public program information and financial reports. The FHA Annual Management Report and MMI Actuarial Report are published online. The Annual Management Report contains the FHA standalone financial statements, which can be used by stakeholders to review program outcomes and other achievements. In addition, a third-p

Extracted from 2027 CJ Program FHA MMI, p. 3. Verbatim; nothing here is paraphrased. This is a different document from the one the figures above were read off — the agency prints this line's dollars in a summary table and its justification elsewhere.

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Answers come from the figures on this page and nothing else. These dollars are parsed from Housing & Urban Dev's Congressional Justification and are approximate — confirm anything that matters against the cited page.