Commentary: The Federal Housing Agency Hasn’t Gotten Its Economic House in Order, Under Both Parties

Apartments for Rent

Paul Fishbein’s conviction on rent fraud charges in New York City last year was a feast for the tabloids.

The story was crazy enough to get readers to click. Prosecutors said that Fishbein, 51, somehow convinced local housing agencies that he owned dilapidated apartment buildings that he didn’t, enabling him to move in tenants and skim government rent subsidies meant for lower-income, disabled, and elderly residents. Fishbein kept the con going for more than years. His take: $1.8 million.

Read the full story

Tennessee U.S. Rep. Andy Ogles Signs Letter Pushing Back on New Energy Mandates on Home Construction

Andy Ogles

U.S. Representative Andy Ogles (R-TN-05) signed a letter to the U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of Agriculture (USDA), opposing the agencies’ recently adopted mandates for new home construction.

On May 28, the HUD and USDA’s “Adoption of Energy Efficiency Standards for New Construction of HUD- and USDA-Financed Housing” mandate went into effect, requiring all HUD and USDA-financed single-family homes to be constructed under the 2021 International Energy Conservation Code (IECC).

Read the full story

Federal Figures Show Surge in Homelessness

The number of homeless people in the U.S. jumped 12 percent to more than 653,000 people as pandemic spending expired, the highest level on record since the counts started in 2007.

Figures released Friday provide a snapshot of the number of people in shelters, temporary housing and in unsheltered settings. The report found 653,100 people were experiencing homelessness on a single night in January 2023, a 12 percent increase from 2022. That figure of 653,100 people is equivalent to about 20 of every 10,000 people in the U.S.

Read the full story