Congressman Seeks to Take $104M From HUD on Public Housing Scandal – NMP Skip to main content

Congressman Seeks to Take $104M From HUD on Public Housing Scandal

Oct 13, 2015
Take Money

Rep. David Jolly (R-FL), a member of the House Appropriations Committee, has threatened to remove $104 million from the budget of the U.S. Department of Housing & Urban Development (HUD) regarding the presence of “over-income” tenants in HUD-backed public housing.

“Three of the five housing authorities I’ve spoken with said they would like to evict these tenants, but they are prohibited from doing so,” Jolly said in an interview with the Washington Post. “HUD is saying they can. I don’t know who is right.”

Jolly came to the $104 million figure because that is the sum spent annually to subsidize over-income tenants in a sample of 15 local housing authorities, according to a recent report from the department’s inspector general.

“There is $104 million of taxpayer money that is being wasted on tenants who shouldn’t be in public housing,” Jolly continued. “If HUD doesn’t fix the problem, I’m going to take $104 million out of the agency’s budget.”

The report generated criticism with some of its excessive findings, including the identification of a family of four in New York City with a $497,911 salary that pays $1,574 in rent for a three-bedroom apartment in public housing.

HUD claimed that it lacks the authority to evict over-income tenants, stating that was the responsibility of local housing authorities. Jolly, a two-term congressman who has announced that he will seek the U.S. Senate seat vacated by Marco Rubio, dismissed HUD’s reaction as a case of “classic Washington” responsibility dodging.

About the author
Published
Oct 13, 2015
MISMO Updates Business Glossary To Support AI, eMortgages

New definitions covering eHELOCs, remote online notarization, valuation modernization, and compliance initiatives aim to improve consistency

MISMO Launches AI Governance Framework For Mortgage Lenders

New FRAME toolkit gives lenders, servicers, and technology providers a roadmap for managing AI risk while supporting innovation

CFPB Tells Lenders Immigration Status Can Factor Into ATR Analysis

CFPB frames immigration status as a potential ability-to-repay factor when future U.S.-based income is at risk

UAD 3.6 Deadline Nears; First American Earns Verification

First American's ACI Sky Workbench gains verification ahead of the Nov. 2 implementation date for the GSEs' updated appraisal reporting requirements

MISMO Introduces New Loan Boarding Standard

Wrapper Files support standardized data transfers between origination and servicing systems, with potential savings of $60 to $160 per loan

The GLBA Compliance Gap Your AI Deployment Just Opened

Old statutes, new models, and the vendor contract you signed before machine learning became operational