Oversight of the Department of Housing and Urban Development and the Federal... (EventID=118872)

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On Wednesday, December 10, 2025, at 10:00 a.m. (ET) full Committee Chairman Hill and Ranking Member Waters will host a hearing entitled, “Oversight of the Department of Housing and Urban Development and the Federal Housing Administration."

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Witness for this one-panel hearing will be:

• The Honorable Scott Turner, Secretary, U.S. Department of Housing and Urban Development

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General Background

Secretary Turner was sworn in as the nineteenth Secretary of the Department of Housing and Urban Development (HUD) on February 5, 2025. This will be Secretary Turner’s first appearance before the Committee.

HUD was established in 1965 by President Lyndon B. Johnson. While HUD identifies its mission as “supporting strong and sustainable communities and quality, affordable homes,” the statute charges HUD with providing decent, safe, and sanitary housing through its programs typically for low-income families, the elderly, and persons with disabilities. HUD currently employs over 6,100 full-time employees across the United States, and in FY 2025 received more than $89 billion in enacted gross discretionary budget authority.

According to HUD, it currently administers approximately 100 active permanent and temporary major mortgage, grant, assistance, and regulatory programs. HUD’s four largest, non-disaster programs as measured by budget authority include: Tenant-Based Rental Assistance, Project-Based Rental Assistance, the Public Housing Fund, and Homeless Assistance Grants. These four programs consume roughly 75 percent of HUD’s entire annual budget. The vast majority of HUD programs continue to receive funding despite having lapsed legal authorizations, including some authorizations that expired nearly 30 years ago, which limits congressional oversight and public accountability of their effectiveness.

Of particular attention for the Committee at this hearing will be a discussion of how to modernize outdated HUD programs and how to improve HUD’s oversight of the nation’s Public Housing Agencies (PHAs). HUD currently administers approximately 100 active permanent and temporary major mortgage, grant, assistance, and regulatory programs of varying sizes and missions. However, HUD is currently administering more than 30 active programs that have lapsed statutory authorizations. For some programs, it has been 30 years since their statutory authorizations lapsed, including such major programs as the HOME Investment Partnerships Program, Section 8 Voucher Renewals, and the Community Development Block Grant. This lack of a formal reauthorization hinders effective oversight programs, and impairs effective evaluation of whether a program is meeting its statutory purpose.

Regarding PHAs, HUD administers its programs nationwide through a network of more than 3,000 PHAs, which are local quasi-government bodies authorized, funded, and overseen by HUD. These authorities, which manage and administer public housing programs at the local level, receive federal funding and support the housing needs of low-income individuals and families. HUD exercises oversight by monitoring PHAs' compliance with regulations, conducting audits, and providing technical assistance to enhance their performance. However, there have been increasing reports of mismanagement, waste, and outright fraud at multiple PHAs in recent years, endangering the health and welfare of residents and defrauding taxpayers alike.

HUD also operates the Federal Housing Administration (FHA), a government-backed mortgage insurance provider. FHA’s mission is to make mortgage credit available to qualified first-time, low- and moderate-income homebuyers. Since its creation in 1934, FHA has insured more than 62 million mortgages. Each year, HUD is required to submit an Annual Report to Congress regarding the status of FHA and its economic health. According to the FHA’s most recent annual report on its financial health from December 2025, its insurance fund’s Capital Ratio for the 8 million mortgages it currently insures stood at 11.47 percent, well-above its legally required 2 percent threshold.....

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#housing #doddfrank #hud #financialservices #regulation #section8 #mortgage #fha #federalhousingadministration #cdbg #PHA
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Hearing page: https://democrats-financialservices.h...