Assistant Secretary for Housing Federal Housing Commissioner

The Department of Housing and Urban Development Assistant Secretary for Housing Federal Housing Commissioner administers federal contract awards and grant funding for housing finance and community development activities, including mortgage insurance programs, housing counseling, and neighborhood stabilization work.

The agency has awarded 679 federal contracts with a combined potential value of $1.52 billion since 2004, with $1.32 billion obligated to date. Recent contract activity shows variability: 60 awards in 2022, 121 in 2023, 77 in 2024, 30 in 2025, and 27 year-to-date in 2026, reflecting a downward trend in the past two years. The most recent recorded award date is December 16, 2026. Among 121 distinct prime contractors, competitive concentration is concentrated, with the top five primes accounting for 66 percent of recent awards by count: Raine & Company, LLC leads with 86 awards and $98.1 million combined potential value; DGG Re Investments LLC follows with 76 awards and $73.8 million; and A Team Realty Inc., 24 Asset Management Corp, and KM Minemier & Associates, LLC round out the top five. By potential value, concentration is more moderate — the top five cover 33 percent of combined value, with 24 Asset Management Corp commanding $165.2 million across 24 awards despite fewer award counts than Raine & Company or DGG Re. The contracting mix skews heavily toward open competition: 88 percent of awards carry no set-aside designation, while 8 percent are Small Business awards, 3 percent are 8(a) sole-source, and fewer than 1 percent each are competitive 8(a), reserved for Small Business, or service-disabled veteran-owned small business.

Grant activity at the agency is substantially larger. The Assistant Secretary has obligated $3.56 billion in federal dollars across 15,803 grant awards since 2000, with recent cadence of 266 awards in 2022, 287 in 2023, 341 in 2024, 189 in 2025, and 7 year-to-date in 2026 — the most recent grant award closed on February 17, 2026. Among 5,990 distinct grant recipients, the landscape is highly fragmented: the top five recipients by award count account for only 3 percent of recent awards, and the top five by federal dollars obligated account for just 1 percent. No single recipient dominates; Unidosus, Neighborhood Stabilization Corp, and Housing Action Illinois each hold 7 awards, while Neighborhood Stabilization Corp leads by dollars with $12.5 million obligated. Grant assistance is predominantly Project Grants (95 percent of awards) with smaller shares of Direct Payments for Specified Use (4 percent) and Cooperative Agreements (1 percent).

The Office of Housing regulates the housing industry and administers the Federal Housing Adminstration. The regulatory programs administered by the Office of Housing include single family housing and multifamily housing programs.