WASHINGTON – Today, Congressman Patrick McHenry (NC-10), Republican leader of the House Financial Services Committee, issued the following statement in response to Senate Banking Committee Chairman Mike Crapo’s (R-ID) recently released outline for housing finance reform legislation:
“It is critical we explore all paths toward responsibly ending the government sponsorship of Fannie Mae… Read more »
The Housing and Insurance Subcommittee met today to examine the Department of Housing and Urban Development’s (HUD) oversight of the Alexander County Housing Authority located in Cairo, Illinois.
“Today’s hearing was essential to help get to the bottom of the Alexander County Housing Authority’s (ACHA) troubling role in allowing living conditions in both the Elmwood and… Read more »
The Housing and Insurance Subcommittee met today to examine the various federal, state and local regulations and policies that affect affordable multifamily housing development.
“Today’s hearing was essential in order to determine the costs of regulation, and barriers preventing affordable multifamily housing development. The lack of development is especially concerning because while we… Read more »
WASHINGTON – House Financial Services Committee Chairman Jeb Hensarling (R-TX) and Oversight and Investigations Subcommittee Chairman Ann Wagner (R-MO) announced today that the Committee plans to hold a hearing no later than Thursday, September 27, 2018 as a part of its ongoing investigations into various allegations of waste, fraud and abuse at the Federal Housing Finance Administration… Read more »
WASHINGTON – Financial Services Committee Chairman Jeb Hensarling (R-TX) released the following statement regarding the reauthorization of the National Flood Insurance Program (NFIP), which is set to expire at the end of the month absent Congressional action.
“It has been more than eight months since the House did its job and passed a long-term NFIP reauthorization. And yet the NFIP… Read more »
The Housing and Insurance Subcommittee met today to examine how the U.S. Department of Housing and Urban Development’s (HUD) programs manage and remedy unsafe living conditions caused by lead-based paint and mold for many individuals and families living in public and subsidized housing.
“This hearing was essential to gain valuable insight on how best to use both the private and public… Read more »
The Subcommittee on Housing and Insurance held a hearing today to review a legislative proposal to help break down barriers that prevent homeless children and youth from obtaining housing assistance and services through the Department of Housing and Urban Development (HUD).
H.R. 1511, the “Homeless Children and Youth Act of 2017,” introduced by Rep. Steve Stivers (R-OH) and Rep. David… Read more »
The Housing and Insurance Subcommittee met today to examine the current state of homelessness in America, and to discuss issues regarding veteran, youth, and any other populations affected by homelessness.
The majority of programs to reduce homelessness and provide assistance in housing services fall under the responsibility of the Department on Housing and Urban Development (HUD) and… Read more »
WASHINGTON – House Financial Services Committee Chairman Jeb Hensarling (R-TX) today outlined reforms to fix America’s broken housing finance system.
During a speech at a conference on the future of the U.S. housing market, Chairman Hensarling said he would work on a bipartisan basis to come up with a reform package provided it included certain key principles. He also… Read more »
The declining fiscal condition of the Federal Housing Administration (FHA) Mutual Mortgage Insurance Fund represents “a clear and present danger to taxpayers, homebuyers and the U.S. economy” and must be addressed by Congress, said Financial Services Committee Chairman Jeb Hensarling (R-TX).
The FHA today released its fiscal year 2017 annual report on the economic health of the agency’s… Read more »
