HUD lender profile
New York State Housing Finance Agency: HUD multifamily lending record
HUD insured 5 multifamily loans with New York State Housing Finance Agency as lender in FY2022-FY2026, for $62.3 million and 916 units. That is 0.1% of all HUD multifamily dollars in those years and #55 among lenders.
- HUD files it as NEW YORK STATE HSG FIN AGCY
- Endorsement data run October 8, 2026
What the numbers say
It had no initial endorsements in FY2026; its most recent was September 16, 2025.
Its HUD book is concentrated: HFA risk share made up 100% of its dollars over five years.
Every one of those loans was in New York.
Its median loan was $10.9 million, below the $14.3 million median for all HUD multifamily endorsements in the same years.
4 of its 5 loans (80%) carried low-income housing tax credits, against 32% across all HUD multifamily endorsements.
Most of its HUD volume is Section 542(c) risk sharing, where a state or local housing finance agency underwrites the loan and shares losses with HUD. Those loans are not MAP loans and follow the agency's own process, which is why firm-to-closing times look so different from FHA's full-insurance programs.
HUD volume by fiscal year
- 223(f)
- New construction / sub rehab
- Other programs
| FY | Loans | Dollars | 223(f) | NC/SR | Rank | |
|---|---|---|---|---|---|---|
| FY2025 | 3 | $22.4M | 0 | 0 | #47 | |
| FY2024 | 2 | $39.8M | 0 | 0 | #39 | |
| FY2020 | 2 | $123M | 0 | 0 | #34 | |
| FY2017 | 1 | $2.3M | 0 | 0 | #70 | |
| Since FY2003 | 10 | $200M | ||||
Program columns count loans. Rank is by dollars among all HUD multifamily lenders that fiscal year.
Program mix, FY2022-FY2026
| Program | Loans | Dollars | Median loan |
|---|---|---|---|
| 542(c) housing finance agency risk sharing | 5 | $62.3M | $10.9M |
Where it lends
| State | Loans | Dollars |
|---|---|---|
| New York | 5 | $62.3M |
Firm commitment to closing
Days from the firm commitment date HUD records to initial endorsement, for this lender's FY2022-FY2026 loans. This is the last stretch of a HUD deal, after underwriting is done; it is not the whole timeline from application.
- All its loans with both dates (5)
- 1112 days median
- Middle half of its loans
- 452-1231 days
- All lenders, FHA programs, FY2022-FY2026
- 91 days
Most recent HUD endorsements
| Endorsed | Property | Program | Loan |
|---|---|---|---|
| 2025-09-16 | Taylor I Apartments · NY | HFA risk share | $10.9M |
| 2025-08-14 | La Mora Senior Apartments · NY | HFA risk share | $8.0M |
| 2025-02-28 | Stuyvesant Apartments · NY | HFA risk share | $3.5M |
| 2024-08-13 | Yates Village Phase II · NY | HFA risk share | $18.4M |
| 2024-05-30 | Albany Ida North · NY | HFA risk share | $21.5M |
| 2020-07-02 | Schlobohm Walsh and Flynn Apts. (mhacy) · NY | HFA risk share | $39.7M |
| 2020-03-26 | Ocean Bay Apartments (bayside) · NY | HFA risk share | $83.0M |
| 2017-09-27 | Bergen Saratoga Apartments · NY | HFA risk share | $2.3M |
| 2003-12-11 | Jonas Bronck Apartments · NY | HFA risk share | $4.5M |
| 2003-06-25 | Cedarwood Towers Apts. · NY | HFA risk share | $8.0M |
Largest loans, FY2022-FY2026
| Property | Program | Loan |
|---|---|---|
| Albany Ida North · NY | HFA risk share | $21.5M |
| Yates Village Phase II · NY | HFA risk share | $18.4M |
| Taylor I Apartments · NY | HFA risk share | $10.9M |
| La Mora Senior Apartments · NY | HFA risk share | $8.0M |
| Stuyvesant Apartments · NY | HFA risk share | $3.5M |
Its HUD servicing book today
HUD's active insured mortgage file (as of September 30, 2026) lists New York State Housing Finance Agency as servicer on 8 apartment loans with $176 million of balance and 3,245 units. The median note rate on that book is 4.63%. 3 of the loans carry a rate under 4%. HUD lists the same name as holder of 8 loans.
- Risk sharing
- 8 loans
Largest servicing states: New York (8).
Compare it with the rest of the market in the HUD lender league table, see what recent loans closed at on HUD rates, or read how the 223(f) and 221(d)(4) programs work.
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