Table
17. FHA Unassisted Multifamily Mortgage Insurance Activity: 1980Present*
Period |
Construction
of New Rental Units1 |
Purchase
or Refinance of Existing Rental Units2
|
Congregate
Housing, Nursing Homes, and Assisted Living, Board and Care Facilities3
|
Projects |
Units |
Mortgage Amount |
Projects |
Units |
Mortgage Amount |
Projects |
Units |
Mortgage Amount |
Annual
Data |
1980
|
79
|
14,671
|
560.8
|
32
|
6,459
|
89.1
|
25
|
3,187
|
78.1
|
1981
|
94
|
14,232
|
415.1
|
12
|
2,974
|
43.0
|
35
|
4,590
|
130.0
|
1982
|
98
|
14,303
|
460.4
|
28
|
7,431
|
95.2
|
50
|
7,096
|
200.0
|
1983
|
74
|
14,353
|
543.9
|
94
|
22,118
|
363.0
|
65
|
9,231
|
295.8
|
1984
|
96
|
14,158
|
566.2
|
88
|
21,655
|
428.2
|
45
|
5,697
|
175.2
|
1985
|
144
|
23,253
|
954.1
|
135
|
34,730
|
764.3
|
41
|
5,201
|
179.1
|
1986
|
154
|
22,006
|
1,117.5
|
245
|
32,554
|
1,550.1
|
22
|
3,123
|
111.2
|
1987
|
171
|
28,300
|
1,379.4
|
306
|
68,000
|
1,618.0
|
45
|
6,243
|
225.7
|
1988
|
140
|
21,180
|
922.2
|
234
|
49,443
|
1,402.3
|
47
|
5,537
|
197.1
|
1989
|
101
|
15,240
|
750.9
|
144
|
32,995
|
864.6
|
41
|
5,183
|
207.9
|
1990
|
61
|
9,910
|
411.4
|
69
|
13,848
|
295.3
|
53
|
6,166
|
263.2
|
1991
|
72
|
13,098
|
590.2
|
185
|
40,640
|
1,015.1
|
81
|
10,150
|
437.2
|
1992
|
54
|
7,823
|
358.5
|
119
|
24,960
|
547.1
|
66
|
8,229
|
367.4
|
1993
|
56
|
9,321
|
428.6
|
262
|
50,140
|
1,209.4
|
77
|
9,036
|
428.6
|
1994
|
84
|
12,988
|
658.5
|
321
|
61,416
|
1,587.0
|
94
|
13,688
|
701.7
|
1995
|
89
|
17,113
|
785.0
|
192
|
32,383
|
822.3
|
103
|
12,888
|
707.2
|
1996
|
128
|
23,554
|
1,178.8
|
268
|
51,760
|
1,391.1
|
152
|
20,069
|
927.5
|
1997
|
147
|
23,880
|
1,362.2
|
186
|
31,538
|
1,098.5
|
143
|
16,819
|
820.0
|
1998
|
149
|
25,237
|
1,420.7
|
158
|
19,271
|
576.3
|
89
|
7,965
|
541.0
|
1999
|
185
|
30,863
|
1,886.8
|
182
|
22,596
|
688.7
|
130
|
14,592
|
899.2
|
2000
|
193
|
35,271
|
2,171.7
|
165
|
20,446
|
572.6
|
178
|
18,618
|
891.7
|
2001
|
163
|
29,744
|
1,905.6
|
303
|
35,198
|
831.9
|
172
|
20,633
|
1,135.2
|
2002
|
167 |
31,187 |
2,042.7 |
439 |
52,434 |
1,284.5 |
287 |
33,086 |
1,780.6 |
2003
(3 Mos.) |
44
|
6,685
|
469.4
|
88
|
13,787
|
371.1
|
42
|
4,929
|
197.1
|
*Mortgage
insurance written—Initial endorsements. Mortgage amounts are in millions
of dollars.
1Includes both new construction and
substantial rehabilitation under Sections 207, 220, and 221(d).
2Includes purchase or refinance
of existing rental housing under Section 223.
3Includes congregate rental housing
for the elderly under Section 231, and nursing homes, board and care homes,
assisted-living facilities, and intermediate-care facilities under Section
232. Includes both new construction or substantial rehabilitation, and
purchase or refinance of existing projects. Number of units shown includes
beds and housing units.
Source: Office of Multifamily Housing Development (FHA F47 Data
Series), Department of Housing and Urban Development.
|