HUD and GSA Announce Collaborative Effort to Identify New Headquarters for U.S. Department of Housing and Urban Development

Excerpt:  “Today, the U.S. Department of Housing and Urban Development (HUD) and the U.S. General Services Administration (GSA) announced the addition of HUD headquarters to the accelerated disposition list in order to engage the market and explore HUD’s relocation options. Currently, HUD is located in the Robert C. Weaver Federal Building near L’Enfant Plaza in Washington, D.C. HUD headquarters’ addition to the accelerated disposition list will allow the GSA to more effectively right size the federal real estate portfolio to reduce the burden on the American taxpayer while also delivering space that enables HUD to achieve its mission. The building, which opened in 1968, currently faces over $500 million in deferred maintenance and modernization needs and costs the American taxpayer more than $56 million in yearly rent and operations expenditures. In addition, with every member of HUD staff at its headquarters, the Weaver Building is at half of its total occupancy. … For more information on next steps in this process, please see HERE.”