The Trump Administration unveiled a proposal to reorganize the federal government, titled “Delivering Government Solutions in the 21st Century: Reform Plan and Reorganization Recommendations.”
“This report outlines the Administration’s analysis and recommendations for structural realignment of the Executive Branch to better serve the mission, service, and stewardship needs of the American people,” reads the report. The report recommends consolidations and overhauls related to various federal agencies, including those administering affordable housing, community development, and housing finance programs:
- Move USDA’s rural home loan guarantee and rental assistance programs to HUD
- Reform HUD’s rent policies using Secretary Carsons’ proposed “Making Affordable Housing Work Act”
- Consolidate HUD’s Headquarter Offices
- Move the Community Development Block Grant (CDBG) program to a new “Bureau of Economic Growth,” which would administer various grant and technical assistance programs
- Overhaul the housing finance system by privatizing Fannie Mae and Freddie Mac to increase competition and reduce the government’s “footprint” in mortgage finance
The more significant recommendations would require legislative approval; NAHMA will keep members up-to-date. To read the full report, please click here. A brief summary is attached and available online here.