Estimated reading time: 0 minutes, 26 seconds

Biden Housing Secretary Seeks $100B Funding Boost

Friday, Mar 26 2021
Lending
Written by 

Marcia Fudge, the Biden administration’s recently confirmed Housing and Urban Development Secretary, has urged lawmakers to top off the department’s budget by as much as $100 billion. So reports Politico.

-more-->

Fudge also called for Congress to make permanent the majority of housing-related pandemic legislation.

HUD’s annual budget, holding near $55 billion of late, is inadequate to meet the needs of more than 500,000 homeless, fix up deteriorating public housing and remove lead from subsidized housing, Fudge said in a press briefing.

Read the full article from Politico. 

Read 2123 times
Rate this item
(0 votes)
More in this category: « Stearns Lending Promotes Steve Smith to President Bodnar of MMG: What Does Continued Volatility Mean for Clients? »

FOLLOW US

PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.
Ok Decline