Boston Real Estate Investors Association

HUD is seeking new offices due to over $500 million in deferred maintenance costs.

HUD Headquarters Building Faces $500 Million in Maintenance Needs

According to a recent release, the U.S. Department of Housing and Urban Development’s headquarters building in Washington, D.C., is facing over $500 million in deferred maintenance and modernization needs. In response, they have added the HUD headquarters building to the accelerated disposition list to explore relocation options and engage the market. This effort is part of the Trump Administration’s strategy to streamline federal operations and improve government workspaces for performance, efficiency, and morale. The U.S. General Services Administration (GSA) is assisting in this process.

“HUD’s focus is on creating a workplace that reflects the values of efficiency, accountability, and purpose,” said Secretary Scott Turner. “We’re committed to rightsizing government operations and ensuring our facilities support a culture of optimal performance and exceptional service as we collaborate with our partners at GSA to deliver results for the American people.”

Michael Peters, Commissioner of GSA’s Public Buildings Service, expressed full support for HUD’s relocation goals. “I fully support Secretary Turner’s desire to exit a building with significant deferred liabilities in favor of a more appropriately sized, better equipped, and maintained space that will enable the HUD workforce to fulfill its important mission,” said Peters. “GSA is committed to working with HUD to provide them with a facility that meets their needs.”

Click here to read the full release at HUD.

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