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Some disaster survivors—specifically people living in low-income neighborhoods or rural isolated areas, people of color, and people with disabilities—have problems accessing disaster assistance programs and recovery resources.
The Department of Housing and Urban Development takes a "point-in-time" count to gauge how many people are experiencing homelessness on a single night. HUD relies on local communities to provide the count.
The Federal Housing Finance Agency's goal is to keep the housing finance system healthy by supervising and regulating Fannie Mae, Freddie Mac, and the Federal Home Loan Bank System.
The agency spent $317.6 million in FY 2021 to do its work.
In the U.S., about 1 in 10 young adults and 1 in 30 minors under age 18 experience homelessness without a parent or caregiver over the course of a year. Homelessness is higher among some groups, such as youth of color and transgender youth.
Millions of Americans had trouble paying their rent or mortgages after the COVID-19 pandemic disrupted the U.S. economy. The CARES Act appropriated $12.4 billion to the Department of Housing and Urban Development to help address emergent needs.
The Department of Housing and Urban Development relies on outdated IT infrastructure and manual processes to insure a portfolio of single-family mortgages worth over $1 trillion. HUD has made several unsuccessful attempts to modernize its IT.