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| United States Department of Housing and Urban Development | |
| Agency overview | |
|---|---|
| Formed | September 9, 1965 |
| Employees | 10,600 (2004) |
| Annual Budget | 28.5 billion (2006) |
| Agency Executives | Alphonso Jackson, Secretary Roy Bernardi, Deputy Secretary |
| Website | |
| www.hud.gov | |
The United States Department of Housing and Urban Development, often abbreviated HUD, is a Cabinet department of the United States government. Although its beginnings were in the House and Home Financing Agency, it was founded in 1965 to develop and execute policy on housing and cities. It has largely scaled back its urban development function and now focuses primarily on housing.
The department was established on September 9, 1965 when President Lyndon Johnson signed the Department of Housing and Urban Development Act (PL 89-174) into law. It stipulated that the department was to be created no later than November 8, 60 days following the date of enactment. The actual implementation was postponed until January 13, 1966, following the completion of a special study group report on the federal role in solving urban problems.
HUD is administered by the United States Secretary of Housing and Urban Development.
Contents |
Larry Thompson, who served in senior positions for 25 years at HUD, has written A History of HUD, which he hopes will be of value to a wide audience interested in housing and community development.
HUD took over the Chicago Housing Authority in 1995.Little Hope in HUD\'s HOPE VI. John McCrory (1999-05).
The Department of Housing and Urban Development building, Washington D.C.
HUD has experimented with Enterprise Zones - granting economic incentives to economically depressed urban areas, but this function has largely been taken over by states.
The major program offices are:
The 203(k) program offers low-cost loans to allow low-income participants or nonprofit groups to buy and renovate a house. A scandal with the program arose in the 1990s in which at least 700 houses were sold for profit by real estate speculators taking the loans; at least 19 were arrested,HUD Scraps Cuomo Remedy for Harlem Housing Scandal. New York Times (2001-05-11). and the situation devastated the housing market in Brooklyn and Harlem and resulted in $70 million in HUD loans being defaulted on.HUD: The Horror Movie. The Village Voice (2001-01-10). Critics said that HUD\'s lax oversight of their program allowed the fraud to occur.Housing Pledge by Cuomo Faces an Uncertain Future. New York Times (2001-04-02). In 1997, the HUD Inspector General had issued a report saying: "The program design encourages risky property deals, land sale and refinance schemes, overstated property appraisals, and phony or excessive fees."NYC\'s 10 Worst Landlords. The Village Voice (2006-07-05).
One of the most successful HUD programs over the years has been the Multifamily Housing Service Coordinator Program. Each year since 1992, HUD has included in its Notice of Fund Availability (NOFA), a specific allocation of dollars to allow sponors and owners of HUD multifamily housing for the elderly the opportunity to hire a Service Coordinator. The Service Coordinator provides case management and coordinative services to elderly residents, particularly to those who are "frail" and "at-risk" allowing them to age in place. As a result, thousands of senior citizens throughout the United States have been given the opportunity to continue to live independently instead of in an institutional facility such as a nursing home. Professional organizations such as the American Association of Service Coordinators provide support to HUD Service Coordinator through education, training, networking and advocacy.
Due to HUD\'s lending practices, it occasionally takes possession of a home when a lender it insures forecloses. Such properties are then generally sold off to the highest bidder through the HUD auction process.
Susan Gaffney, Inspector General of HUD, testified before Congress in 2000 that she could not sign off on the fiscal 1999 audit because of “the undetermined effects of the conversion problems of the general ledger from the Program Accounting System [PAS] to HUD’s Central Account and Program System [HUDCAPS] during the fiscal year, the integrated state of HUD’s reconciliation efforts and their documentation for the general ledger accounts for the fund balance with Treasury, and the late manual posting of numerous and significant adjustments (some as late as Feb. 25, 2000) directly to the financial statements, for which we lacked sufficient time to test their legitimacy.” Gaffney\'s testimony documenting $17 billion of undocumentable adjustments in fiscal 1998 and $59 billion of undocumentable adjustments in fiscal 1999 [1].
In 2006, The Village Voice called HUD "New York City\'s worst landlord" and "the #1 worst in the United States."
HUD was well-known in the 1980s for rampant corruption. Catherine Austin Fitts wrote that when she arrived at HUD as head of operations of the FHA program in 1989, it was comparable to a "sewer" for all the mortgage fraud that had occurred during the \'80s: "My favorite description of HUD was to come many years later [in 2000] from staff to the Chairman of the Senate HUD appropriation subcommittee — Senator Kit Bond. When asked what was going on at HUD, the Congressional staffer said, \'HUD is being run as a criminal enterprise.\'"HUD Is a Sewer. Dunwalke. She wrote:
"After issuing $9 billion in mortgage guarantees, HUD/FHA was to lose something approaching 50% of the value of the portfolio — a level of losses hard to explain with mortal logic. When my staff approached me with a proposal to bail out a mortgage company so they could continue to lose money for us, I asked why we should spend money to lose more money in a way that would harm communities. After a long silence during which 30 staff members intently studied their feet, one brave soul explained to me that the mortgage bank was owned and run by a major Republican donor. Shocked, I said. \'I am a major Republican donor,\' and pointing to my presidential cufflinks that were adorning my French cuffs, \'I got a pair of cuff links. You get cuff links. You don’t get $400 million of federal credit to throw down the drain.\' My staff looked at me like I was so naive and clueless that there was no point in trying to communicate with me — better to let me learn the hard way."
| United States Federal Executive Departments |
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| Past departments: Commerce and Labor • Health, Education, and Welfare • Navy • Post Office • War |
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Housing and Urban Development •
