financialservices.house.gov
Cmte Financial Services (R)
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Subcommittee Examines HUD’s Public and Indian Housing Programs
Washington, Jul 10 -
WASHINGTON —The Financial Services Housing and Insurance Subcommittee held a hearing today to conduct oversight of the Department of Housing and Urban Development’s (HUD) Public and Indian Housing programs. Despite 50 years of experience and over $1.6 trillion in annual appropriations, HUD remains overly bureaucratic, has failed to accomplish its mission, duplicates other state and local initiatives, and fails to deliver measurable results. “As I’ve said in the past, the status quo isn’t good enough. The reality is that the funding situation isn’t going to get better. Despite even the best of attempts, asking for more federal dollars isn’t the solution. It’s time to roll up our sleeves and work together to build a stronger Office of Public and Indian Housing and a better HUD,” Subcommittee Chairman Blaine Luetkemeyer (R-MO) said. Key Points Topline Quotes “Our reviews of public and Indian housing programs since 2012 have identified a number of areas in which PIH could strengthen its program assessments, increase efficiencies, and enhance collaboration efforts. HUD has made progress in implementing some of our recommendations, but additional actions are needed to address others.” Daniel Garcia-Diaz, GAO’s Director of Financial Markets and Community Investment ###