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Referenced Laws
42 U.S.C. 3535
Section 1
1. Short title This Act may be cited as the HUD Accountability Act of 2025.
Section 2
2. Requirement to testify Section 7 of the Department of Housing and Urban Development Act (42 U.S.C. 3535) is amended by adding at the end the following new subsection: The Secretary shall appear before the Committee on Financial Services of the House of Representatives and the Committee on Banking, Housing, and Urban Affairs of the Senate at an annual hearing and present testimony regarding the operations of the Department during the preceding year, including regarding the following topics: The current programs and operations of the Department. The physical condition of all public housing and other housing assisted by the Department. The financial health of the mortgage insurance funds of the FHA. Oversight by the Department of grantees and sub-grantees for purposes of preventing waste, fraud, and abuse. The progress made by the Federal Government in ending the affordable housing and homelessness crises. The capacity of the Department to deliver on its statutory mission. Other ongoing activities of the Department, as appropriate. (u)
Annual testimony
The Secretary shall appear before the Committee on Financial Services of the House of Representatives and the Committee on Banking, Housing, and Urban Affairs of the Senate at an annual hearing and present testimony regarding the operations of the Department during the preceding year, including regarding the following topics:
(1)
The current programs and operations of the Department.
(2)
The physical condition of all public housing and other housing assisted by the Department.
(3)
The financial health of the mortgage insurance funds of the FHA. (4) Oversight by the Department of grantees and sub-grantees for purposes of preventing waste, fraud, and abuse.
(5)
The progress made by the Federal Government in ending the affordable housing and homelessness crises.
(6)
The capacity of the Department to deliver on its statutory mission.
(7)
Other ongoing activities of the Department, as appropriate. .