Housing and Urban Development

15 Stories

A 'Surprising Departure' From Biden's Cabinet

HUD Secretary Marcia Fudge is resigning

(Newser) - Housing and Urban Development Secretary Marcia Fudge announced Monday that she would resign her post, effective March 22, saying she was leaving "with mixed emotions." A former mayor of Warrensville Heights, Ohio, and later an Ohio representative in Congress, Fudge, 71, served as HUD secretary since the start...

Report: Biden Picks Fudge for Housing

Sources say Vilsack will return to USDA

(Newser) - President-elect Joe Biden has picked Ohio Rep. Marcia Fudge to replace Ben Carson as secretary of Housing and Urban Development, sources tell Politico and the AP . Fudge, who was re-elected to serve a seventh term representing a district that includes parts of Cleveland, is a member of the Congressional Black...

Ben Carson Thought Housing Term Was Cookie Name

He misheard 'REO' as 'Oreo'

(Newser) - Acronyms relating to his job apparently aren't Housing and Urban Development Secretary Ben Carson's strong suit. When asked about the common term REO during a testy House Financial Services Committee hearing Tuesday, a confused Carson thought Democratic Rep. Katie Porter was talking about Oreo cookies, the Washington Post...

Ben Carson 'Trying to Cancel' $31K Dining Set

House committee is investigating the furniture buy

(Newser) - Ben Carson has apparently decided that staying in President Trump's cabinet is more important than having a fancy table. After the House Oversight Committee announced that it's investigating the refurbishment of the Department of Housing and Urban Development chief's offices, a Carson spokesman said the agency is...

Ben Carson's Office Could Be in Hot Water Over $31K Table

'$5K will not even buy a decent chair'

(Newser) - Ben Carson's office has managed to become entangled in a controversy involving its own furniture. Whistleblower Helen Foster says she was demoted and transferred from the Department of Housing and Urban Development, which Carson heads, after she refused to go over the legal $5,000 limit to redecorate his...

Twitter Beef Between HUD Official, Reporter Comes to Nasty End

Lynne Patton called April Ryan 'Miss Piggy'

(Newser) - A former Trump campaign surrogate who now holds a job in the administration is apologizing after attacking a reporter on her personal Twitter account. Lynne Patton, who heads a regional office of the Department of Housing and Urban Development, referred to reporter April Ryan as "Miss Piggy" in a...

Ben Carson: Slaves Were 'Involuntary Immigrants'

'Immigrants???'

(Newser) - Newly confirmed Housing and Urban Development Secretary Ben Carson managed to cause controversy in his very first speech to HUD employees by describing slaves as "immigrants." His remarks on slavery came after he discussed photos of impoverished immigrants arriving at Ellis Island, the New York Times reports. "...

Ben Carson Approved as New Head of HUD

Trump's former rival for the presidency says he wants to bring a 'more holistic approach'

(Newser) - Ben Carson, a retired neurosurgeon who challenged Donald Trump for the GOP presidential nomination, won Senate confirmation Thursday to join Trump's Cabinet as housing secretary. Six Democrats and one independent joined 51 Republicans in voting for Carson to lead the Department of Housing and Urban Development, the AP reports....

To End Homelessness, Stop Buying Holiday Decor?

Americans will spend more than the $20B that HUD needs

(Newser) - If Americans passed on buying Christmas trees, illuminated reindeer, and poinsettias, and instead donated the money they would have spent to the Department of Housing and Urban Development, we could theoretically end homelessness. Or so says ThinkProgress . HUD's latest annual report shows that progress isn't being made quickly...

Millions Wasted as Homes for Poor Sit Unfinished
Millions Wasted as Homes
for Poor Sit Unfinished
investigation

Millions Wasted as Homes for Poor Sit Unfinished

'Washington Post' investigates massive issues with the HUD fund

(Newser) - Brace yourself: This is yet another depressing housing story. A yearlong Washington Post investigation reveals that the country's largest federal housing construction program for the poor has wasted hundreds of millions of dollars on "stalled or abandoned" projects and failed to hold "derelict developers" accountable. The Post...

At-Risk Owners Pay Big Bucks to Mortgage Modifiers

Some take advantage of patchwork laws, charge for services non-profits offer for free

(Newser) - A growing mortgage-modification industry has cropped up amid the housing bust, the Washington Post reports, charging homeowners thousands to help them negotiate better loans. The problem? Non-profit groups already offer those services gratis. “It is very frustrating to find a homeowner who has paid a for-profit company $3,000...

Bush Tabs 'Problem Solver' to Head HUD

New secretary must face the housing market's troubles

(Newser) - With the housing market in turmoil, President Bush is turning to an investment banker-turned-bureaucrat to head HUD, the Washington Post reports. Steven Preston, 47, has run the Small Business Administration since 2006 after a stint at Lehman Brothers; he succeeds Alphonso Jackson, who announced his resignation 2 weeks ago amid...

Bush Housing Secretary Steps Down
Bush Housing Secretary
Steps Down
Updated

Bush Housing Secretary Steps Down

Jackson out after clashes with Congress, charges of favoritism

(Newser) - HUD Secretary Alphonso Jackson resigned this morning, after a series of accusations of political favoritism. The departure marks a setback to the Bush administration's efforts to stem the housing crisis, the Wall Street Journal reports, as Jackson has been a central player on key initiatives. He cited family reasons in...

Big Easy Protest Turns Rough
Big Easy Protest Turns Rough
UPDATED

Big Easy Protest Turns Rough

New Orleans OK's demolition of housing despite opposition

(Newser) - Police used pepper spray and stun guns on protesters in New Orleans attempting to push their way into a City Council meeting over the impending demolition of 4,500 public housing units damaged by Katrina. Local activists oppose HUD's push to raze the houses to make room for mixed-income neighborhoods....

Plan to Freeze Subprime Loans
Plan to Freeze Subprime Loans

Plan to Freeze Subprime Loans

Treasury and lenders close to deal

(Newser) - The Treasury Department and a coalition of lenders are close to a deal to freeze interest rates on some subprime loans in a bid to bring the mushrooming mortgage crisis under control, reports the Wall Street Journal. A freeze would ease the burden on beleaguered borrowers and banks. Rates on...

15 Stories