Carson Supports Selling Public Housing Units to Private Developers – NMP Skip to main content

Carson Supports Selling Public Housing Units to Private Developers

Jun 30, 2017
The U.S. Department of Housing & Development’s (HUD) Office of the Inspector General has determined there was no misconduct by Secretary Ben Carson in connection to the attempted purchase of a $31,561 dining set for his office

Housing and Urban Development Secretary Dr. Ben Carson has expressed support for a plan that would enable cities to sell public housing properties to private developers.
 
In an interview with the Baltimore Sun, Dr. Carson stated that he was in favor of removing the federal Rental Assistance Demonstration program’s cap that limits the sale of public housing units to 225,000. The program was put into place by the Obama Administration in 2014 and the cap’s removal is part of the White House’s budget proposal that was submitted to Congress, and Dr. Carson theorized that selling the units to private developers will help speed much-needed repairs on many of these properties.
 
"In order to put a dent in the tremendous need for affordable housing, we're going to have to switch to a different kind of model," Dr. Carson said. "We need to improve upon that program, maybe lift the cap that exists. Those are the kinds of models that are going to help us not to continue to create blight."

 
About the author
Published
Jun 30, 2017
Strong Jobs Report Threatens Mortgage Rate Rally

October hiring more than doubled expectations, pushing Treasury yields higher

Nov 06, 2026
Fed Holds Rates, But Pricing Pressures Persist

Rising Treasury yields and fresh inflation data complicate rate locks, borrower qualification, and lender margins as markets anticipate another hike in December

Oct 29, 2026
Zippy Adds Capital For Manufactured-Home Lending Push

The $20 million investment from Saluda Grade will support expansion beyond 27 states and new loan products across wholesale, retail, and community channels

Oct 16, 2026
Inflation Hits 3.7%, Putting Mortgage Rate Relief At Risk

September’s inflation pickup puts recent rate improvements at risk, potentially eroding affordability gains from lower home prices and seller concessions

Oct 14, 2026
PLACE Acquires Ardley, Expanding Push To Turn Existing Borrowers Into New Loans

The latest deal connects borrower retention technology with Maxwell's origination platform and PLACE's real estate network, creating new opportunities for lenders

Oct 09, 2026
Equifax, TransUnion Launch New Tools To Cut Credit Report Costs

Both bureaus introduce ways to purchase credit scores separately from reports, while Equifax reports growing VantageScore adoption and extends $1 pricing through 2028

Oct 09, 2026