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HUD Needs $185 Billion Over 10 Years for Affordable Housing

May 10, 2024
Monica Hogan
The Biden administration’s fiscal year 2025 budget request allocates $72.6 billion for HUD, which is higher by about $500 million from the FY23 enacted level.
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Strong Support for HUD Proposal on Counseling Flexibility

January 5, 2024
Brandon Ivey
Housing counseling providers are backing a proposal from HUD to permanently allow for services to be provided virtually rather than in-person.
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House Bill Would Curtail 2024 HUD Funding

July 14, 2023
Monica Hogan
Department of Housing and Urban Development programs would be funded at much lower levels than those called for in President Biden’s budget proposal under a fiscal 2024 bill introduced in the House this week.
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FHA to Require Loan Originators to Use SCIFs

June 30, 2023
Monica Hogan
The Department of Housing and Urban Development will require lenders to use a Supplemental Consumer Information Form for all FHA Title II single-family home mortgages they originate beginning in August.
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HUD Enhances Multifamily Inspection Standards

June 30, 2023
Monica Hogan
While the rules don’t apply to single-family homes, the agency has programs to help seniors and others improve their residences and make them safer.
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FHA Hears From Lenders on Proposed Flood Risk Rule

May 5, 2023
Monica Hogan
Remarks included concerns regarding the costs of complying with FHA’s proposed revision to minimum property standards for flood hazard exposure.
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Fudge Defends Fiscal 2024 Budget Request for HUD

April 21, 2023
Monica Hogan
The White House has requested $73.3 billion for the Department of Housing and Urban Development in fiscal 2024.
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Senate Banking Committee Hears from HUD Nominees Again

April 21, 2023
Monica Hogan
Lawmakers heard from Solomon Greene, who has been renominated to serve as assistant secretary for policy development and research, and David Uejio, who has been renominated for the position of assistant secretary for fair housing and equal opportunity at HUD.
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HUD IG Testifies Before Appropriations Subcommittee

April 7, 2023
Monica Hogan
The HUD OIG will soon report on an audit examining Ginnie Mae’s process for managing troubled issuers, according to Inspector General Rae Oliver Davis.
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Tribal Groups Raise Concerns Over Counselor Certification Proposal

April 7, 2023
Monica Hogan
HUD’s proposed certification requirement for housing counselors in its tribal programs has come under criticism for its impact on cost and capacity.
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