President Donald Trump today named Comptroller of the Currency (OCC) Joseph M. Otting as acting director of the Federal Housing Finance Agency (FHFA) when current FHFA Director Mel Watt’s term ends Jan. 6. Otting would serve as acting FHFA director until a permanent director is confirmed and would concurrently carry out his duties as Comptroller of the Currency.
The number of people in the United States who experienced homelessness on a single night in 2018 narrowly increased, although homelessness among veterans and families with children declined, according to the latest national estimate by the U.S. Department of Housing and Urban Development. The 2018 Annual Homeless Assessment Report to Congress found that 552,830 people were homeless on a single night in January 2018, an increase of 0.3 percent compared to 2017.
The U.S. Department of Housing and Urban Development (HUD) will publish in tomorrow’s Federal Register notices of funding awards for the fiscal year (FY) 2017 Choice Neighborhoods Implementation, the FY 2018 Lead Technical Studies and Healthy Homes Technical Studies grant, the FY 2018 Housing Counseling Training grant, the FY 2018 Comprehensive Housing Counseling grant program and FY 2018 Choice Neighborhood Planning.
U.S. Department of Housing and Urban Development (HUD) Deputy Secretary Pam Patenaude today announced her decision to leave HUD in the new year. Patenaude’s statement said serving as HUD deputy secretary has been the highlight of her 35-year career in housing and that she and her husband look forward to returning to their home state of New Hampshire, where she will continue to promote President Donald Trump’s agenda.
President Donald Trump this week announced his intention to nominate Mark Calabria as the director of the Federal Housing Finance Agency (FHFA). Calabria, who would succeed Mel Watt as the FHFA chief, is currently the chief economist for Vice President Mike Pence and previously served as a senior aide on the Senate Banking Committee and as deputy assistant secretary for regulatory affairs at the U.S. Department of Housing and Urban Development. The FHFA oversees Fannie Mae and Freddie Mac. Calabria must be confirmed by the U.S. Senate for the five-year term.
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