New Video: HUD Highlights Historic Work to Build Safe, Affordable, and Quality Housing

WASHINGTON - As 2023 comes to a close, the U.S. Department of Housing and Urban Development (HUD) today released a video recapping key historic accomplishments achieved under the leadership of HUD Secretary Marcia L. Fudge.

See the video here on HUD’s YouTube channel:

Click on image to view video

These milestone achievements include:

• HUD has housed people through 120,000 new incremental vouchers in a three-year period, a 20-year record.
• The Federal Housing Administration has cut costs for homeowners and brought first-time homebuyers into the fold, achieving the first-time homebuyer rate at the highest it has been in over two decades.
• HUD has addressed the legacies of racial discrimination in housing.
• New investments will build for the future, ensuring communities are resilient to the effects of the climate crisis, particularly for Black, Indigenous, and low-income residents of color, which are often hit the hardest.
• Government National Mortgage Association (Ginnie Mae) supported a record high of over $2.5 trillion in current government lending, by providing liquidity in the housing finance system and facilitating the flow of more investment capital into US housing markets.

For more, see the press release summarizing these accomplishments and how HUD aims to make housing more safe, affordable, and resilient for Americans heading into 2024.