Loan Management Set-Aside (LMSA)

The Section 8 Loan Management Set Aside Program (LMSA) for projects with HUD-insured and HUD-held mortgages is designed to reduce claims on HUD’s insurance fund by stabilizing the financial condition of troubled HUD-insured or HUD-held multifamily projects. The program is intended to assist projects with immediately or potentially serious financial problems.

Program Information

• Alternative Names: Section 8 Loan Management Set Aside
• Timeframe: 1937 - Present
• Occupancy Tenure: Rental
• Building Type: Multi-family
• Developer/Owners: For-profit
• Income: Low-income

More Resources

Related Programs: Section 8 Housing Choice Voucher Program