The House Financial Services Committee held a hearing on July 20 titled, “Building Back a Better, More Equitable Housing Infrastructure for America: Oversight of the Department of Housing and Urban Development.” HUD Secretary Marcia Fudge served as the hearing’s sole witness, her first hearing before the committee as secretary. In her opening testimony, Secretary Fudge stated, “The president’s 2022 budget is just one part of his commitment to make generational investments into America’s housing. In addition to the vital support contained in this budget, the president has called for sweeping new housing investments through his ‘Build Back America’ agenda. These investments would help build or restore more than two million affordable homes. The ‘Build Back Better’ agenda would help more families of modest means realize the dream of homeownership, expand the supply of affordable rental housing, and help revitalize our public housing stock.” The president’s FY22 budget requests $68.7 billion for HUD, a 15% increase over FY21 appropriated levels.
Published by Oklahoma Coalition for Affordable Housing
The vision of OCAH: That all Oklahomans have the opportunity to live in safe, healthy and affordable homes. Our Mission: To lead the movement to ensure that all residents of the state of Oklahoma flourish in safe, affordable homes and to help communities develop safe and affordable housing options for all of their residents. We reach our mission through advocacy, education and practical training to foster the production and maintenance of affordable housing throughout the state. View all posts by Oklahoma Coalition for Affordable Housing