U.S. House of Representatives House Financial Services Committee Chairman Jeb Hensarling (R-TX), commenting recently on the 50th anniversary HUD’s creation, said that new ideas are needed to fight poverty and housing affordability challenges. As reported by HousingWire, he stated:
“Simply put, we must reform and innovate how we provide assistance for housing in the 21st century or we will continue to fail the very people who are in most need of our help,” he said. “That is why I am calling on all interested advocates, organizations, and ordinary citizens to join the effort to modernize the delivery of federal housing assistance and submit their ideas on how to restructure and rebuild HUD for today’s generation.”
Read the full article at Hensarling wants new ideas on affordable housing, Calls HUD’s record “dashed hope of Great Society”
In addition, HUD Secretary Julian Castro recently said “Today, cities are in transition once more…..Challenges for cities, particularly in housing, loom large as the country’s population balloons. By 2050, the nation is expected to grow by 80 million people, with 60 million of those living in urban areas.”
