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The U.S. Department of Housing and Urban Development Office of Inspector General ( HUD OIG) is one of the Inspector General offices created by the Inspector General Act of 1978. [1] The Inspector General for the Department of Housing and Urban Development is charged with investigating and auditing department programs to combat waste, fraud, and ...
The Federal Housing Administration ( FHA ), also known as the Office of Housing within the Department of Housing and Urban Development (HUD), is a United States government agency founded by President Franklin Delano Roosevelt, established in part by the National Housing Act of 1934. Its primary function is to provide insurance for mortgages ...
History. The idea of a department of Urban Affairs was proposed in a 1957 report to President Dwight D. Eisenhower, led by New York Governor Nelson A. Rockefeller. The idea of a department of Housing and Urban Affairs was taken up by President John F. Kennedy, with Pennsylvania Senator and Kennedy ally Joseph S. Clark Jr. listing it as one of the top seven legislative priorities for the ...
The Housing Authority has issued a request for proposals from vendors to operate its Section 8 Housing Choice Voucher Program. A Milwaukee housing program is a fraud risk. It will now be run by an ...
The U.S. Department of Housing and Urban Development halted its health and safety inspections of public housing for about two weeks because of a technical failure.
On February 27, 2018, it was reported that the U.S. Department of Housing and Urban Development had spent $31,561 on a set of dining room furniture for the office of HUD secretary Ben Carson in late 2017, in apparent violation of federal law requiring Congressional approval for department head office redecoration costs exceeding $5,000. [1]
Catherine Austin Fitts (born December 24, 1950) is an American investment banker and former public official who served as managing director of Dillon, Read & Co. and, during the Presidency of George H.W. Bush, as United States Assistant Secretary of Housing and Urban Development for Housing. She has widely written and commented on the subject ...
The United States Housing and Economic Recovery Act of 2008 (commonly referred to as HERA) was designed primarily to address the subprime mortgage crisis.It authorized the Federal Housing Administration to guarantee up to $300 billion in new 30-year fixed rate mortgages for subprime borrowers if lenders wrote down principal loan balances to 90 percent of current appraisal value.