NAICS Code 925110-03 - Federal Government-Housing Programs

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NAICS Code 925110-03 Description (8-Digit)

The Federal Government-Housing Programs industry involves the administration of housing programs by the federal government. These programs aim to provide affordable housing options to low-income families, individuals, and communities. The industry includes a range of activities such as the development and management of public housing, rental assistance programs, and mortgage insurance programs. The Federal Government-Housing Programs industry plays a crucial role in ensuring that all citizens have access to safe and affordable housing.

Hierarchy Navigation for NAICS Code 925110-03

Tools

Tools commonly used in the Federal Government-Housing Programs industry for day-to-day tasks and operations.

  • HUD User
  • Housing Assistance Council
  • National Low Income Housing Coalition
  • Housing and Urban Development (HUD) Exchange
  • National Housing Trust
  • National Housing Conference
  • National Association of Housing and Redevelopment Officials (NAHRO)
  • National Council of State Housing Agencies (NCSHA)
  • National Community Reinvestment Coalition
  • National Fair Housing Alliance

Industry Examples of Federal Government-Housing Programs

Common products and services typical of NAICS Code 925110-03, illustrating the main business activities and contributions to the market.

  • Public Housing
  • Section 8 Housing Choice Voucher Program
  • Low-Income Home Energy Assistance Program (LIHEAP)
  • Community Development Block Grant Program
  • HOME Investment Partnerships Program
  • Housing Opportunities for Persons with AIDS (HOPWA)
  • Rural Housing and Economic Development Program
  • Indian Housing Block Grant Program
  • Housing Counseling Assistance Program
  • Neighborhood Stabilization Program

Certifications, Compliance and Licenses for NAICS Code 925110-03 - Federal Government-Housing Programs

The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.

  • Fair Housing Act Certification: This certification is required for individuals who work in the housing industry and are involved in the sale, rental, or financing of housing. It ensures that the individual is knowledgeable about the Fair Housing Act and its regulations. The certification is provided by the National Association of Realtors.
  • Housing Quality Standards (HQS) Certification: This certification is required for individuals who inspect housing units that are subsidized by the federal government. It ensures that the individual is knowledgeable about the HQS regulations and can properly inspect the units. The certification is provided by the National Association of Housing and Redevelopment Officials.
  • Uniform Physical Condition Standards (UPCS) Certification: This certification is required for individuals who inspect public housing units that are subsidized by the federal government. It ensures that the individual is knowledgeable about the UPCS regulations and can properly inspect the units. The certification is provided by the National Association of Housing and Redevelopment Officials.
  • Public Housing Manager (PHM) Certification: This certification is required for individuals who manage public housing units that are subsidized by the federal government. It ensures that the individual is knowledgeable about the regulations and requirements for managing public housing. The certification is provided by the National Association of Housing and Redevelopment Officials.
  • Certified Occupancy Specialist (COS) Certification: This certification is required for individuals who work in the housing industry and are involved in the occupancy of subsidized housing units. It ensures that the individual is knowledgeable about the regulations and requirements for occupancy. The certification is provided by the National Affordable Housing Management Association.

History

A concise historical narrative of NAICS Code 925110-03 covering global milestones and recent developments within the United States.

  • The "Federal Government-Housing Programs" industry has a long history worldwide, with notable advancements and milestones. One of the earliest examples of government housing programs dates back to the 19th century in the UK, where the government provided housing for the working class. In the United States, the Federal Housing Administration (FHA) was established in 1934 to provide mortgage insurance to lenders, which helped to stimulate the housing market during the Great Depression. In the 1960s, the US government introduced the Section 8 program, which provides rental assistance to low-income families. In recent years, the industry has seen advancements in technology, such as the use of online portals to apply for housing assistance and the implementation of energy-efficient housing initiatives. In the United States, the "Federal Government-Housing Programs" industry has undergone significant changes in recent history. In the 1990s, the US government introduced the HOPE VI program, which aimed to revitalize public housing by replacing high-rise buildings with mixed-income developments. In the early 2000s, the government introduced the Housing Choice Voucher program, which replaced the Section 8 program and provided more flexibility for families to choose their housing. In the aftermath of the 2008 financial crisis, the government introduced the Home Affordable Modification Program (HAMP), which provided assistance to homeowners struggling to make mortgage payments. Overall, the industry has seen a shift towards more flexible and targeted housing assistance programs in recent years.

Future Outlook for Federal Government-Housing Programs

The anticipated future trajectory of the NAICS 925110-03 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

  • Growth Prediction: Stable

    The Federal Government-Housing Programs industry is expected to experience growth in the coming years due to the increasing demand for affordable housing in the United States. The industry is expected to benefit from the government's efforts to increase funding for housing programs and initiatives aimed at reducing homelessness. Additionally, the industry is expected to benefit from the growing trend towards sustainable and energy-efficient housing. However, the industry may face challenges such as budget constraints and political uncertainty, which could impact the availability of funding for housing programs. Overall, the industry is expected to experience moderate growth in the coming years.

Industry Innovations for NAICS Code 925110-03

Recent groundbreaking advancements and milestones in the Federal Government-Housing Programs industry, reflecting notable innovations that have reshaped its landscape.

  • The Housing Choice Voucher Program: This program provides rental assistance to low-income families, the elderly, and the disabled. The program has been expanded in recent years to include more families and to provide more affordable housing options.
  • The Low-Income Home Energy Assistance Program (LIHEAP): This program provides assistance to low-income households to help them pay their energy bills. The program has been expanded in recent years to include more households and to provide more comprehensive assistance.
  • The National Housing Trust Fund: This program provides funding to states to build, preserve, and rehabilitate affordable rental housing for low-income households. The program has been expanded in recent years to provide more funding to states and to increase the availability of affordable housing.
  • The Homeless Assistance Grants Program: This program provides funding to states and local governments to help them provide emergency shelter, transitional housing, and other services to homeless individuals and families. The program has been expanded in recent years to provide more funding and to increase the availability of services.
  • The Section 202 Supportive Housing for the Elderly Program: This program provides funding to build and operate affordable housing for low-income elderly individuals. The program has been expanded in recent years to provide more funding and to increase the availability of affordable housing for seniors.

NAICS Code 925110-03 - Federal Government-Housing Programs

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