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Oversight on Housing and Urban Development Programs, Washington, D.C.

Author: United States. Congress. Senate. Committee on Banking, Housing and Urban Affairs. Subcommittee on Housing and Urban Affairs
Publisher:
ISBN:
Category : Housing
Languages : en
Pages : 554

Book Description

Oversight on Housing and Urban Development Programs, Washington, D.C.

Book Description

Oversight on Housing and Urban Development Programs, Washington, D.C.

Author: United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs. Subcommittee on Housing and Urban Affairs
Publisher:
ISBN:
Category : Housing
Languages : en
Pages : 1598

Book Description

Oversight on Housing and Urban Development Programs, Washington, D.C. Hearings, Ninety-third Congress, First Session ...

Book Description

Oversight on Housing and Urban Development Programs: Washington, D.C., Hearings Before the Subcommittee on Housing and Urban Affairs of ..., 93:1- ... 1973-.

Author: United States. Congress. Senate. Banking and Currency Committee
Publisher:
ISBN:
Category :
Languages : en
Pages : 710

Book Description

Oversight on Housing and Urban Development Programs, Washington, D.C. Hearings, Ninety-third Congress, First Session ..

Book Description

Oversight on Housing and Urban Development Programs: Washington, D.C., Hearings Before the Subcommittee on Housing and Urban Affairs of ..., 93:1- ... 1973-.

Author: United States. Congress. Senate. Banking and Currency Committee
Publisher:
ISBN:
Category :
Languages : en
Pages : 644

Book Description

Oversight on Department of Housing and Urban Development

Author: United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs
Publisher:
ISBN:
Category : Public housing
Languages : en
Pages : 84

Book Description

Public Housing

Author: Matthew J. Scire
Publisher: DIANE Publishing
ISBN: 1437917976
Category : Law
Languages : en
Pages : 34

Book Description
The Department of Housing and Urban Development (HUD) provided over $6.7 billion in fiscal year 2008 to housing agencies to operate, modernize, and develop about 1.2 million public housing units. It is important that HUD exercise sufficient oversight of housing agencies to help ensure that public housing funds are being used as intended and properly managed. This report examines HUD's oversight processes for detecting housing agencies at risk of inappropriate use and mismanagement of public housing funds. The auditor analyzed HUD financial data on about 3,300 housing agencies, compared HUD's oversight policies with program and agency objectives, and interviewed agency officials. Includes recommendations. Charts and tables.

Oversight Hearing on the Department of Housing and Urban Development

Author: United States. Congress. House. Committee on Government Reform and Oversight. Subcommittee on Human Resources and Intergovernmental Relations
Publisher:
ISBN:
Category : Political Science
Languages : en
Pages : 134

Book Description

Race for Profit

Author: Keeanga-Yamahtta Taylor
Publisher: UNC Press Books
ISBN: 1469653672
Category : History
Languages : en
Pages : 364

Book Description
LONGLISTED FOR THE 2019 NATIONAL BOOK AWARD FINALIST, 2020 PULITZER PRIZE IN HISTORY By the late 1960s and early 1970s, reeling from a wave of urban uprisings, politicians finally worked to end the practice of redlining. Reasoning that the turbulence could be calmed by turning Black city-dwellers into homeowners, they passed the Housing and Urban Development Act of 1968, and set about establishing policies to induce mortgage lenders and the real estate industry to treat Black homebuyers equally. The disaster that ensued revealed that racist exclusion had not been eradicated, but rather transmuted into a new phenomenon of predatory inclusion. Race for Profit uncovers how exploitative real estate practices continued well after housing discrimination was banned. The same racist structures and individuals remained intact after redlining's end, and close relationships between regulators and the industry created incentives to ignore improprieties. Meanwhile, new policies meant to encourage low-income homeownership created new methods to exploit Black homeowners. The federal government guaranteed urban mortgages in an attempt to overcome resistance to lending to Black buyers – as if unprofitability, rather than racism, was the cause of housing segregation. Bankers, investors, and real estate agents took advantage of the perverse incentives, targeting the Black women most likely to fail to keep up their home payments and slip into foreclosure, multiplying their profits. As a result, by the end of the 1970s, the nation's first programs to encourage Black homeownership ended with tens of thousands of foreclosures in Black communities across the country. The push to uplift Black homeownership had descended into a goldmine for realtors and mortgage lenders, and a ready-made cudgel for the champions of deregulation to wield against government intervention of any kind. Narrating the story of a sea-change in housing policy and its dire impact on African Americans, Race for Profit reveals how the urban core was transformed into a new frontier of cynical extraction.