HR 6864
HUD Accountability Act of 2024
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Bill overview
The HUD Accountability Act of 2024 requires the Secretary of Housing and Urban Development (HUD) to appear annually before both the House Committee on Financial Services and the Senate Committee on Banking, Housing, and Urban Affairs. During these hearings, the Secretary must provide testimony on key aspects of HUD’s operations, including the condition of public housing, the financial health of the Federal Housing Administration (FHA) mortgage insurance funds, and oversight of potential waste, fraud, and abuse within the department’s grant programs. This legislation aims to increase transparency and accountability within HUD’s operations.
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