Bill > HR3774

This bill, known as the HUD Accountability Act of 2025, requires the Secretary of Housing and Urban Development (HUD) to appear annually before two congressional committees - the House Financial Services Committee and the Senate Banking, Housing, and Urban Affairs Committee - to provide comprehensive testimony about the department's activities. Specifically, the Secretary must report on seven key areas: the current programs and operations of HUD, the physical condition of public and HUD-assisted housing, the financial health of the Federal Housing Administration's (FHA) mortgage insurance funds, the department's oversight of grantees to prevent waste and fraud, progress in addressing affordable housing and homelessness challenges, the department's capacity to fulfill its legal mission, and any other ongoing departmental activities. This legislation aims to increase transparency and congressional oversight of HUD by mandating a formal, annual review of the department's performance and challenges, which will be added as a new subsection to the existing Department of Housing and Urban Development Act.

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https://www.congress.gov/bill/119th-congress/house-bill/3774/all-info