Between 2013 and 2015, wages increased, but not as quickly as rent. Find out what that means for the nation’s poorest renters.
Read More »Carson Sets Sights on Millennial Homebuyers
Without swift intervention, millennials could become “a lost generation of homeownership,” according to Dr. Ben Carson, Secretary of the U.S. Department of Housing and Urban Development. In his opening remarks at the National Housing Symposium in Washington, D.C. on Friday, Carson called homeownership a “lost dream” for many millennials—even ones who are credit-worthy. Current and upcoming efforts by the FHA and Fannie Mae will likely open more doors for millennial buyers, Carson said.
Read More »Housing Budget Appears in Front of House Appropriations Subcommittee
Department of Housing and Urban Development Secretary Ben Carson was met with strong words Thursday morning when he appeared with the U.S. House of Representatives Subcommittee on Appropriations to defend the proposed budget for the fiscal year. He remained poised, articulate, and open as the subcommittee members took turns voicing their specific concerns. Secretary Carson went on to say that the playbook had to be changed, as there was only so much money to go around.
Read More »Secretary Carson Kicks Off Homeownership Month with Forum
Dr. Ben Carson, Secretary of the Department of Housing and Urban Development, is gearing up for a big June. On the heels of a recent proclamation from President Trump, declaring the month “National Homeownership Month,” Dr. Carson hosted an academic forum at his agency earlier today. He’s also preparing to go before Congress next week to discuss Trump’s recent 2018 budget blueprint, which proposes a $6.2 billion cut from HUD’s funding.
Read More »Secretary Carson Talks Mind Over Matter in Housing Struggles
In a recent radio interview, HUD Secretary Ben Carson said that with “the right mindset,” many Americans using HUD’s low-income housing subsidies could overcome their struggles. Carson discussed topics of poverty, housing, and the government’s role in both, just days after President Trump’s 2018 budget blueprint was released. The plan cuts $6.2 billion from the HUD budget, ends the Community Development Block Grant program, and slashes funding for the department’s rental assistance program.
Read More »HUD Budget Cuts Shake the Housing Industry
The proposed plan will tighten fiscal policies for public housing and could potentially eliminate federally funded community development grants.
Read More »What Issues Will Carson Face?
The MReport talks with Dr. Richard Green. Director of the USC Lusk Center for Real Estate, on the future of the Housing and Urban Development Department.
Read More »Carson Sworn In, Industry Reacts
After months of waiting, on Thursday Ben Carson was confirmed and sworn in as HUD Secretary. The industry was swift to voice their opinion on this next chapter for the housing agency.
Read More »Carson Confirmed as HUD Secretary
Today, Dr. Ben Carson, a retired neurosurgeon whose candidacy to win the Republican nomination for the presidency in 2015 made him a household name, was confirmed by the U.S. Senate as the 17th Secretary of HUD.
Read More »Senate Committee Clears Carson for Full Vote
The Senate Banking Committee on Tuesday recommended the nomination of Dr. Ben Carson as the 17th HUD Secretary be sent to the U.S. Senate floor for a full vote.
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