Tag: Housing and Urban Development Department

Marcia Fudge Steps Down as Housing Secretary

Marcia L. Fudge, the secretary of housing and urban development, announced on Monday that she would resign this month after three years of presiding over seismic shifts in the housing market brought on by the Covid-19 pandemic and changes in the economy. Ms. Fudge, 71, a longtime congresswoman from Ohio, attributed her decision to a […]

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Federal Housing Assistance Shrinks as Cost of Rent Rises

As the safety net has expanded over the past generation, the food stamp rolls have doubled, Medicaid enrollment has tripled and payments from the earned-income tax credit have nearly quadrupled. But one major form of aid has grown more scarce. After decades of rising rents, housing assistance for the poorest tenants has fallen to the […]

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