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HUD

Ranking Member Waters Urges Democrats to Secure Critical Housing Investments in President Biden’s Fiscal Year 2024 Budget

| Posted in Press Releases
Tags: HUD, Budget

Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, released this statement following the release of President Biden’s Fiscal Year 2024 budget request. “At a time when our nation’s affordable housing and homelessness crises worsen, I applaud the Biden Administration for its 2024 budget proposal which includes $73 billion in…

Ranking Member Waters Applauds Biden Administration’s Proposed Fair Housing Rule to Help Eliminate Segregation and Inequality in U.S. Cities

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Tags: HUD

Following the Department of Housing and Urban Development’s release of a new proposed rule on Affirmatively Furthering Fair Housing (AFFH), Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, released the following statement: “After years of targeted efforts to sabotage our nation’s Fair Housing Act, wage war on the civil rights of our…

Waters Releases Report Celebrating Four Years of Historic Committee Achievements

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Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, released a report highlighting the historic and transformational work that Committee Democrats achieved under her leadership for both the 116th and 117th Congresses. During a global pandemic, a worsening housing crisis and a widening racial-wealth gap, Committee Democrats have consistently…

Chairwoman Waters Calls on the FTC to Conduct Robust Review of the Proposed ICE Acquisition of Black Knight

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Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, sent a letter to Chair of the Federal Trade Commission, Lina Khan, urging robust review of the proposed acquisition of Black Knight, a software, data, and analytics company by the Intercontinental Exchange (ICE), a leading global provider of data, technology, and market infrastructure. In the…

Chairwoman Waters Expresses Concern over HUD’s Draft Solicitation for Housing Assistance Payments, Urges Protection of Federally Assisted Housing Stock

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Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, sent a letter to the Department of Housing and Urban Development (HUD) expressing concerns about HUD’s current draft solicitation for Housing Assistance Payments (HAP) Contract Support Services and its negative impact on mission-driven Performance Based Contract Administrators (PBCAs), like LA…

Chairwoman Waters Calls on Regulators to Hold Wells Fargo Accountable for Continued Troubling Patterns and Practices of Anti-Consumer Behavior

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Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, sent a letter to regulators last week, urging them to investigate recent allegations that Wells Fargo denied Black refinancing applicants when interest rates were at their lowest and hosted “mock” interviews with diverse candidates to pad diversity…

Committee on Financial Services Passes Eight Bills to Keep Up with Evolving Financial Marketplace, Stand Up for Vulnerable Communities

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Today, the House Financial Services Committee, led by Chairwoman Maxine Waters (D-CA), passed eight bills to keep up with an ever-changing marketplace by modernizing our regulatory framework, closing loopholes and ensuring robust oversight, along with bills to promote financial inclusion, expand access to affordable financial services, promote impactful community development and care for…

Waters Calls on Regulators and Industry to Hold Appraisers Accountable and Announces Plans for Legislation

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Tags: HUD

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, sent a letter to Marcia Fudge, Secretary of the United States Department of Housing and Urban Development (HUD) as well as the Appraisal Subcommittee, the Appraisal Foundation, and the Appraisal Institute regarding ongoing appraisal bias and discrimination, calling on the federal…

HUD OIG Report Finds LAHSA Misuse of HUD Homeless Assistance Funding

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Tags: HUD

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, issued the following statement after the U.S. Housing and Urban Development (HUD) Office of Inspector General (OIG) released a report that found that the Los Angeles Homeless Services Authority (LAHSA) failed to utilize $3.5 million in federal homeless assistance funds that later expired…

Waters, Cleaver, Torres, Ocasio-Cortez and Dean Respond to Tragic Housing Fire Deaths, Demand Answers from Federal and Local Officials

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Tags: HUD

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, and several Democratic Members of the Committee, including Congressman Emanuel Cleaver (D-MO), Congressman Ritchie Torres (D-NY), Congresswoman Alexandria Ocasio-Cortez (D-NY) and Congresswoman Madeleine Dean (D-PA), sent letters to Marcia Fudge, Secretary of the United States Department of…

Waters Urges Federal Agencies and Bank Regulators to Strengthen and Enforce Foreclosure Protections for Homeowners

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Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, sent two letters to federal agencies and banking regulators urging them to strengthen foreclosure and mortgage servicing protections for borrowers and provide greater oversight to prevent unnecessary foreclosures during the pandemic. In a letter to the U.S. Department of Housing and Urban…

Waters at Hearing on Oversight of HUD: Key to Building Back Better, and More Equitably, Is Understanding That Housing Is Infrastructure

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Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, gave the following statement at a full Committee hybrid hearing entitled, “Building Back A Better, More Equitable Housing Infrastructure for America: Oversight of the Department of Housing and Urban Development.”  First of all, a happy good morning, Secretary Fudge. I am so…

Waters Urges Federal Agencies to Extend Moratoria on Foreclosures and Strengthen Borrower Protections During the Pandemic

| Posted in Press Releases
Tags: CFPB, HUD, FHFA

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee sent a letter to Marcia Fudge, Secretary of the U.S. Department of Housing and Urban Development (HUD); Thomas Vilsack, Secretary of the U.S. Department of Agriculture (USDA); Denis McDonough, Secretary of the U.S. Department of Veterans Affairs (VA); Dave Uejio, Acting Director of the Consumer…

Waters Applauds HUD’s Efforts to Restore Obama Era Mandate to Redress Housing Segregation and Inequitable Development

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Tags: HUD

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, released the following statement on the U.S. Department of Housing and Urban Development’s (HUD) efforts to restore the Affirmatively Furthering Fair Housing Rule. “I am pleased that Secretary Fudge has begun to reverse the previous administration’s actions that gutted the Affirmatively…

Waters Calls on Appropriators to Fund Affordable Housing, Community Development Lending and Investments, Investor Protections and Homelessness Assistance

| Posted in Press Releases
Tags: SEC, HUD, Budget

Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, sent letters to senior Members of the House Committee on Appropriations urging them to fund the Minority Business Development Agency, the Community Development Financial Institutions (CDFI) Fund, the Securities and Exchange Commission (SEC), and programs that support affordable housing and address…

Waters Applauds HUD’s Withdrawal of Trump Administration Rule that Weakened Fair Housing Protections for LGBTQ+ Community

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Tags: HUD

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, released the following statement on the U.S. Department of Housing and Urban Development’s reversal of the Trump Administration’s attempt to weaken the Equal Access Rule. “I am pleased that Secretary Fudge has reversed the previous administration’s efforts that would have gutted the…

Waters Applauds Marcia Fudge’s Confirmation as HUD Secretary 

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Tags: HUD

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, released the following statement on the confirmation of Marcia Fudge as Secretary of the U.S. Department of Housing and Urban Development (HUD). “I congratulate Marcia Fudge on her confirmation as Secretary of the Department of Housing and Urban Development (HUD).  “Marcia…

Waters Applauds Biden Administration Executive Action on Fair Housing

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Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, released the following statement on President Biden’s Memorandum on Redressing Our Nation’s and the Federal Government’s History of Discriminatory Housing Practices and Policies. “I am pleased that President Biden has issued this important executive action to reassert the federal…

Waters Applauds Nomination of Representative Marcia Fudge to Serve as Secretary of the Department of Housing and Urban Development

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Tags: HUD

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, issued the following statement applauding President-Elect Joe Biden’s nomination of Representative Marcia Fudge (D-OH), to serve as Secretary of the Department of Housing and Urban Development. “In nominating Representative Marcia Fudge as Secretary of the Department of Housing and Urban…

Waters Provides Recommendations to President-Elect Biden on Trump Actions to Reverse

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Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, sent a letter to President-Elect Joseph R. Biden, providing recommendations on areas where the Biden Administration should immediately reverse the actions of the Trump Administration, and several actions that the Biden Administration can immediately take to coordinate the federal response…

Waters Demands Regulators Cease and Desist from Finalizing Midnight Rules Until President-Elect Biden Assumes Presidency

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Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the Committee on Financial Services, sent a letter to agencies within the Committee’s jurisdiction calling on them to cease and desist from finalizing any “midnight rulemakings” or other administrative actions until President-Elect Joseph R. Biden is sworn into office on January 20, 2021.  “On November 3, 2020, the American…

Waters, House Chairs Seek Accounting of Political Appointees Burrowing into Career Positions at Dozens of Agencies

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Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, and other House Committee Chairs sent a letter to 61 federal agencies requesting information on conversions of political appointees to civil service positions during the Trump Administration. “Protecting the nonpartisan expertise of the career civil service is essential to the safety and…

Waters, House Committee Chairs Send Dozens of Letters Directing White House and Federal Agencies to Preserve Documents

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Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, and other Committee Chairs across the House of Representatives sent letters directing the White House and more than 50 federal agencies within their jurisdictions to comply with federal record-keeping laws and preserve information responsive to congressional subpoenas and investigations.…

Waters Calls on Trump Administration to Rescind Rule that Makes It Harder to Prove Discrimination in Housing

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Tags: HUD

Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, issued the following statement after Ben Carson, Secretary of the Department of Housing and Urban Development announced the department’s final rule on the disparate impact standard under the Fair Housing Act. “The Trump Administration has been relentless in its attacks on the Fair…

Waters, Nadler and Clay Slam Trump Administration Decision to Terminate Affirmatively Furthering Fair Housing Rule

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Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, and Congressman Jerrold Nadler (D-NY), Chairman of the House Committee on the Judiciary, and Congressman Wm. Lacy Clay (D-MO), Chair of the Subcommittee on Housing, Community Development and Insurance, issued the following statement in response to the U.S. Department of Housing and Urban…

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