@SecFudge

The archived posts of Marcia L. Fudge, 18th Secretary of the U.S. Department of Housing and Urban Development. This is an inactive account.

linktr.ee/hudresources
Joined March 2021
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It has been the honor of my life to serve the American people in the Biden-Harris Administration as the 18th Secretary of HUD. While my time as Secretary is coming to an end, I am so proud of all of the progress we've made to help those who've needed us the most.
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Today, I announced my retirement and resignation as HUD Secretary effective March 22, 2024. I thank @POTUS for his confidence and trust in me to lead HUD in alignment with the Biden-Harris Administration’s priorities.
Statement from HUD Secretary Marcia L. Fudge As a dedicated public servant for nearly five decades, I have been devoted to improving the quality of life for the people of this nation, focusing on those with the greatest need. Having worked at every level of government, including as a mayor, then as a congressional staffer, a member of Congress, and now as the 18th Secretary of the U.S. Department of Housing and Urban Development I have worked tirelessly to ensure that America lives up to its promise of liberty and justice for all. It has always been my belief that government can and should work for the people. For the last three years, I have fully embraced HUD’s mission to create strong, sustainable, inclusive communities and quality affordable homes for all. The people HUD serves are those who are often left out and left behind. These are my people. They serve as my motivation for everything we have been able to accomplish. .......

ALT Statement from HUD Secretary Marcia L. Fudge As a dedicated public servant for nearly five decades, I have been devoted to improving the quality of life for the people of this nation, focusing on those with the greatest need. Having worked at every level of government, including as a mayor, then as a congressional staffer, a member of Congress, and now as the 18th Secretary of the U.S. Department of Housing and Urban Development I have worked tirelessly to ensure that America lives up to its promise of liberty and justice for all. It has always been my belief that government can and should work for the people. For the last three years, I have fully embraced HUD’s mission to create strong, sustainable, inclusive communities and quality affordable homes for all. The people HUD serves are those who are often left out and left behind. These are my people. They serve as my motivation for everything we have been able to accomplish. .......

For that reason, it is with mixed emotions that I announce my resignation effective March 22, 2024. During my tenure, we: - Helped more than two million families stay in their homes and avoid foreclosure; -Removed barriers for people with student loan debt trying to buy a home with an FHA mortgage; -Ensured that positive rental history plays a greater role in determining creditworthiness when trying to obtain a home loan; -Outpaced the market by insuring FHA mortgages for three times as many Black borrowers and twice as many Hispanic borrowers based on percentage of volume; and -Made mortgages more affordable by reducing the mortgage insurance premium for FHA mortgages. Under my leadership, we have also: -Funded more than 2 million units of public housing and multifamily housing; -Spent more than 20% of HUD’s procurement dollars with Black, Brown, and other small, disadvantaged businesses in the last year alone, totaling $500 million; ........

ALT For that reason, it is with mixed emotions that I announce my resignation effective March 22, 2024. During my tenure, we: - Helped more than two million families stay in their homes and avoid foreclosure; -Removed barriers for people with student loan debt trying to buy a home with an FHA mortgage; -Ensured that positive rental history plays a greater role in determining creditworthiness when trying to obtain a home loan; -Outpaced the market by insuring FHA mortgages for three times as many Black borrowers and twice as many Hispanic borrowers based on percentage of volume; and -Made mortgages more affordable by reducing the mortgage insurance premium for FHA mortgages. Under my leadership, we have also: -Funded more than 2 million units of public housing and multifamily housing; -Spent more than 20% of HUD’s procurement dollars with Black, Brown, and other small, disadvantaged businesses in the last year alone, totaling $500 million; ........

-Ensuring that people who have paid their debt to society can get a fair shot at a second chance and have a home; -Served or permanently housed more than 1.2 million people experiencing homelessness; and -Enforced Fair Housing laws and took a stance against racial bias and discrimination in the appraisal market. I thank President Biden for his confidence and trust in me to lead HUD in alignment with the Biden-Harris Administration priorities. As I transition to life as a public citizen, I will continue to do the work that I have been called to do.

ALT -Ensuring that people who have paid their debt to society can get a fair shot at a second chance and have a home; -Served or permanently housed more than 1.2 million people experiencing homelessness; and -Enforced Fair Housing laws and took a stance against racial bias and discrimination in the appraisal market. I thank President Biden for his confidence and trust in me to lead HUD in alignment with the Biden-Harris Administration priorities. As I transition to life as a public citizen, I will continue to do the work that I have been called to do.

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HUD is committed to expanding access to homeownership—especially for those who have been shut out of homebuying opportunities for far too long. Housing counselors offer invaluable guidance, and even more people will be able to access their services thanks to this funding.
HUD Makes Available $10 Million to Support Housing Counseling Services Applications are due April 4, 2024

ALT HUD Makes Available $10 Million to Support Housing Counseling Services Applications are due April 4, 2024

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It was an honor to join the @VP in Selma over the weekend—where our brothers and sisters marched 59 years ago, demanding our country live up to its ideals. They ran their leg of the race. Now, it is up to us to carry the baton.
Secretary Marcia L. Fudge addressing the crowd in Selma, AL.

ALT Secretary Marcia L. Fudge addressing the crowd in Selma, AL.

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Meet the women of the Biden-Harris Administration leading our nation's housing finance system. Together, we're making history by expanding wealth-building opportunities, creating inclusive communities, and empowering people to build better futures for themselves & their families.
The Women Leading Housing Finance in the Biden-Harris Administration Marcia L. Fudge - Secretary Adrianne Todman - Deputy Secretary Sandra L. Thompson - Federal Housing Finance Agency Directoy Alanna McCargo - Ginnie Mae President Julia Gordon - Federal Housing Commissioner

ALT The Women Leading Housing Finance in the Biden-Harris Administration Marcia L. Fudge - Secretary Adrianne Todman - Deputy Secretary Sandra L. Thompson - Federal Housing Finance Agency Directoy Alanna McCargo - Ginnie Mae President Julia Gordon - Federal Housing Commissioner

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HUD is using every single tool we have to ensure the families we serve can access affordable homes. Under @POTUS’s leadership, HUD is taking several actions that will bring us closer to a future where everyone has access to housing that meets their needs.
HUD Takes Steps to Expand Housing Supply HUD and the U.S. Department of Treasury are extending a proven initiative to create or rehabilitate 38,000+ new rental homes over the next 10 years for low-income families HUD is launching a first-of-its-kind grant competition of $225 million to support owners of manufactured homes and to preserve and revitalize manufactured housing communities The Federal Housing Administration (FHA) released a new draft policy which, when finalized, will preserve affordability for owners of manufactured homes in manufactured housing communities FHA increased loan limits for the Title 1 Manufactured Housing program to better serve low- and moderate-income and first-time buyers of manufactured housing who have not been well-served by the private market Ginnie Mae took steps to modernize its Manufactured Housing program to reduce barriers to entry for Issuers, increase participation, and support manufactured housing supply

ALT HUD Takes Steps to Expand Housing Supply HUD and the U.S. Department of Treasury are extending a proven initiative to create or rehabilitate 38,000+ new rental homes over the next 10 years for low-income families HUD is launching a first-of-its-kind grant competition of $225 million to support owners of manufactured homes and to preserve and revitalize manufactured housing communities The Federal Housing Administration (FHA) released a new draft policy which, when finalized, will preserve affordability for owners of manufactured homes in manufactured housing communities FHA increased loan limits for the Title 1 Manufactured Housing program to better serve low- and moderate-income and first-time buyers of manufactured housing who have not been well-served by the private market Ginnie Mae took steps to modernize its Manufactured Housing program to reduce barriers to entry for Issuers, increase participation, and support manufactured housing supply

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HUD’s Green and Resilient Retrofit Program ensures low-income families are not left out of the climate change conversation. This funding builds on @POTUS’s Investing in America agenda, as we continue to boost energy efficiency and combat climate change in communities nationwide.
HUD's Green and Resilient Retrofit Program HUD awarded nearly $73.5 million to support energy efficiency and climate resilience renovations for low-income Americans This funding was made available under President Biden's Inflation Reduction Act

ALT HUD's Green and Resilient Retrofit Program HUD awarded nearly $73.5 million to support energy efficiency and climate resilience renovations for low-income Americans This funding was made available under President Biden's Inflation Reduction Act

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Seniors should be able to age with grace and dignity—no matter their income level. Today’s funding opportunity announcement furthers our commitment to supporting safer, healthier, and more energy efficient homes for low-income seniors.
HUD makes available $115 million to support affordable rental housing for seniors Applications are due June 20, 2024

ALT HUD makes available $115 million to support affordable rental housing for seniors Applications are due June 20, 2024

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I had the pleasure of visiting I Promise Apartments yesterday—an affordable housing community in which the @LJFamFoundation and @EANDC330 leveraged HUD funding to build. Affordable housing like this builds up communities. This is what it looks like to invest in America.
Secretary Marcia L. Fudge entering I Promise Housing.

ALT Secretary Marcia L. Fudge entering I Promise Housing.

The exterior of I Promise Housing.

ALT The exterior of I Promise Housing.

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It was great to be back in Akron today—a city I know very well. From my fellow Ohioans to families nationwide, the Biden-Harris Administration is building an America where everyone has a chance to thrive, especially those who have historically been left out or left behind.
Secretary Marcia L. Fudge speaking at a podium on the Investing in America Tour.

ALT Secretary Marcia L. Fudge speaking at a podium on the Investing in America Tour.

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