ALT What you need to know President Biden’s 2025 Budget builds on HUD’s ongoing work to provide families with access to quality, affordable housing in strong, inclusive communities. The President’s Budget for Fiscal Year 2025

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. .......

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; ........

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.

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

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

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

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

ALT HUD Cares Virtual Town Hall Featuring Secretary Marcia L. Fudge March 8 1 PM EST Program available in English and Spanish Register Here

ALT HUD is making Black history every day Marcia L. Fudge Secretary Adrianne Todman Deputy Secretary Julienne Joseph Chief of Staff Patrice Taylor Deputy Chief of Staff Damon Smith General Counsel Demetria McCain Principal Deputy Assistant Secretary for Fair Housing and Equal Opportunity Dr. Kimberly McClain Assistant Secretary for Congressional and Intergovernmental Relations Alanna McCargo President of Ginnie Mae Dr. Adjoa B. Asamoah Senior Advisor for Racial Equity Dr. Ruth Jones Nichols Senior Advisor for Strategic Engagement

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