| 1937 | U.S.
Housing Act of 1937 |
| 1965 | Department
of Housing and Urban Development Act of 1965 creates HUD as Cabinet-level agency. |
| 1966 | Robert
C. Weaver becomes the first HUD Secretary, January 18. |
| 1968 | Riots
in major cities follow assassination of Dr. Martin Luther King Jr. Civil Rights
Act of 1968 (also known as the Fair Housing Act) outlaws most housing discrimination,
gives HUD enforcement responsibility. Housing Act of 1968 establishes Government
National Mortgage Association (Ginnie Mae) to expand availability of mortgage
funds for moderate income families using government guaranteed mortgage-backed
securities. |
| 1969 | Robert
C. Wood receives recess appointment as HUD Secretary, January 7. George C. Romney
is appointed HUD Secretary by President Richard M. Nixon, January 22.
|
| 1970 | Housing
and Urban Development Act of 1970 introduces Federal Experimental Housing Allowance
Program and Community Development Corporation. |
| 1972 | Pruitt-Igoe
public housing buildings in St. Louis are demolished. |
| 1973 | President
Nixon declares moratorium on housing and community development assistance. James
T. Lynn becomes HUD Secretary, February 2. |
| 1974 | Housing
and Community Development Act consolidates programs into Community Development
Block Grant (CDBG) program. Section 8 tenant-based certificates increase low-income
tenants' choice of housing. Gerald R. Ford becomes president following Nixon's
resignation. |
| 1975 |
Carla A. Hills
is appointed HUD Secretary, March 10. |
| 1977 | Patricia
R. Harris is appointed HUD Secretary by President James E. Carter, January 23.
Urban Development Action Grants (UDAG) give distressed communities funds for residential
or nonresidential use. |
| 1979 | Moon
Landrieu becomes HUD Secretary, September 24. Inflation hits 19 percent, seriously
impacting homebuying and home mortgage loans. |
| 1980 | Depository
Institutions' Deregulation and Monetary Control Act of 1980 changes rules governing
thrift institutions, expands alternative mortgages. |
| 1981 | Samuel
R. Pierce Jr. is appointed HUD Secretary by President Ronald W. Reagan, January
23. Interest rates for FHA-insured mortgages peak at 15.17 percent (up from 7
percent in 1972). |
| 1983 |
Housing and Urban-Rural Recovery Act of 1983 begins Housing Development Action
Grant and Rental Rehabilitation programs. |
| 1987 | Stewart
B. McKinney Act sets up programs to help communities deal with homelessness. |
| 1988 | Indian
Housing Act gives HUD new responsibilities for housing needs of Native Americans
and Alaskan Indians. Housing and Community Development Act allows sale of public
housing to resident management corporations. Fair Housing Amendments Act makes
it easier for victims of discrimination to sue, stiffens penalties for offenders.
|
| 1989 | Jack
F. Kemp is appointed HUD Secretary by President George H. W. Bush, February 13.
Financial Institutions' Reform, Recovery, and Enforcement Act bails out failing
thrift institutions. |
| 1990 | Cranston-Gonzalez
National Affordable Housing Act emphasizes homeownership and tenant-based assistance,
launches HOME housing block grant. Low-Income Housing Preservation and Residential
Homeownership Act of 1990 fortifies Federal commitment to preservation of -assisted
low-income, multifamily housing. |
| 1992 | Federal
Housing Enterprises' Financial Safety and Soundness Act of 1992 creates HUD Office
of Federal Housing Enterprise Oversight to provide public oversight of FNMA and
Federal Home Loan Mortgage Corporation (Freddie Mac). |
| 1993 | Henry
G. Cisneros is named Secretary of HUD by President William J. Clinton, January
22. Empowerment Zone and Enterprise Community program becomes law as part of the
Omnibus Budget Reconciliation Act of 1993. |
| 1995 |
"Blueprint for Reinvention of HUD" proposes sweeping changes in public
housing reform and FHA, consolidation of other programs into three block grants.
|
| 1996 | Homeownership
totals 66.3 million American households, the largest number ever. |
| 1997 | Andrew
M. Cuomo is named by President Clinton to be Secretary of Housing and Urban Development,
the first appointment ever from within the Department. |
| 1998 | HUD
opens Enforcement Center to take action against HUD-assisted multifamily property
owners and other HUD fund recipients who violate laws and regulations. Congress
approves Public Housing reforms to reduce segregation by race and income, encourage
and reward work, bring more working families into public housing, and increase
the availability of subsidized housing for very poor families. |
| 2000 | America's
homeownership rate reaches a new record-high of 67.7 percent in the third quarter
of 2000. A total of 71.6 million American families own their homes - more than
at any time in American history. |
| 2001 | Mel
Martinez, named by President George W. Bush to be Secretary of Housing and Urban
Development, is unanimously confirmed by the U.S. Senate on January 23, 2001.
|
| 2004 |
Alphonso Jackson, named by President George W. Bush to be Secretary of Housing
and Urban Development, is unanimously confirmed by the U.S. Senate on March 31,
2004. Mr. Jackson is the first Deputy Secretary to subsequently be named Secretary. |
| 2008 | Steve Preston was sworn in as the 14th HUD Secretary on June 5, 2008. He was nominated by President George W. Bush and unanimously confirmed by the Senate. |