Housing & Finance

Econometrica empowers communities across the U.S. to create and finance stable, affordable housing. We build evidence for effective policies and increase capacity for initiatives that boost housing stock, affordable homes and financing tools at all levels.

FAIR MARKET
RENT SERVICES

TECHNICAL
ASSISTANCE

AUDITS
& REVIEW

HOUSING POLICY
& RESEARCH

EVALUATION
& SUPPORT

Our Expertise

Technical Assistance

Monitoring and Performance Evaluations
Needs assessments and improvement plans
Staff training and capacity building
Reorganization and realignment (WHAT DO WE MEAN BY REALIGNMENT?)
Process and performance improvement

Audits & Reviews

Program Compliance Reviews
Operational and Performance Audits
Grants and Fund Management Audits
Risk Assessments and Internal Controls
Audit Response and Corrective Action Planning

Housing Policy & Research

Program Evaluation
Research Design
Data Collection
Quantitative and Qualitative Analysis
Impact Studies

Program Support

Grants Management
Credit Budgeting
Staff Augmentation
Communications
Performance Improvement
Data Management and Quality Control

Market Driven Service Offerings

FAIR MARKET RENT SERVICES

Fair Market Rents (FMRs) are estimates of gross rent in a local market, which the U.S. Department of Housing and Urban Development (HUD) uses to administer its public and other assisted housing programs. Each year, HUD estimates FMRs for more than 600 metropolitan areas and almost 2,000 nonmetropolitan county areas.

HUD allows public housing authorities (PHAs) and other organizations that operate the Section 8 program to request a reevaluation of their FMRs by conducting a HUD-prescribed local rental housing survey and submitting the data to HUD for review and approval.

Highlights of Econometrica’s Housing & Finance Projects

Evaluation of Rental Assistance Demonstration

TASK: Developed and executed research strategies to collect and analyze administrative and survey data to assess the effectiveness of a program designed to stabilize and preserve affordable housing for low-income residents.

RESULTS: Five reports on the effect of the program on residents’ choice of housing options, the long-term viability of affordable housing projects, the management of affordable housing assets, the organization of affordable housing agencies, and the affordability of housing for residents.

Public Housing Asset Repositioning Services for Mobile Housing Authority

TASK: Developed and implemented a portfolio-wide strategy for repositioning all public housing properties, to include physical, financial, and best use factors.

RESULTS: A comprehensive portfolio level repositioning strategy to include financial projections and proformas for each property, an implementation schedule and developer strategy, as well as a relocation strategy.

Ginnie Mae Risk Management Support

TASK: Under different Task Orders, provideded financial statement reviews of mortgage-backed security Issuers to monitor net worth, liquidity, and capital requirements; risk management support for Master Subservicer operational, audit and strategic activities; and other improvements to Ginnie Mae’s capabilities for monitoring counterparty risks.

RESULTS: Improvement of Ginnie Mae’s ability to identify, assess and mitigate risks in their MBS portfolio and overall operations.

Reports and Brochures

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Index Development Using American Housing Survey Data

Your Partner in Problem-Solving

The Housing and Finance Group encompasses multiple experts in a broad array of federal agency housing programs and financing tools. Econometrica, Inc. maintains a strong base of in-house expertise that can be augmented by contracted subject matter experts.