To mark HUD’s birthday, we asked Derek Hyra, author of The New Urban Renewal: The Economic Transformation of Harlem and Bronzeville, to reflect on the future of urban development in the midst of the housing crisis:
September 9 marks the birthday of the U.S. Department of Housing and Urban Development, which was established on this day in 1965. And HUD’s headquarters, the Robert C. Weaver Federal Building, is approaching its fortieth anniversary. These milestones, though, probably won’t be greeted with unqualified celebration. Once an embodiment of the Great Society’s reforming spirit, HUD has developed such a reputation for inefficiency, corruption, and incompetence that one prominent urban scholar recently recommended dismantling the agency and tearing down the Weaver building. But HUD doesn’t need to be razed. It needs to remodeled, rehabilitated, and reinvigorated with Presidential leadership and Congressional reform.
HUD and its affiliated local authorities have several critical responsibilities. The agency houses one million tenants in public housing and assists another 1.8 million households with rent subsidies. In addition to deploying $4 billion each year to cities and counties across the nation, HUD also houses the Federal Housing Administration, which provides federal guarantees on affordable mortgages.
As the HUD building enters . . .
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Derek Hyra on HUD and the housing crisis
To mark HUD’s birthday, we asked Derek Hyra, author of The New Urban Renewal: The Economic Transformation of Harlem and Bronzeville, to reflect on the future of urban development in the midst of the housing crisis:
September 9 marks the birthday of the U.S. Department of Housing and Urban Development, which was established on this day in 1965. And HUD’s headquarters, the Robert C. Weaver Federal Building, is approaching its fortieth anniversary. These milestones, though, probably won’t be greeted with unqualified celebration. Once an embodiment of the Great Society’s reforming spirit, HUD has developed such a reputation for inefficiency, corruption, and incompetence that one prominent urban scholar recently recommended dismantling the agency and tearing down the Weaver building. But HUD doesn’t need to be razed. It needs to remodeled, rehabilitated, and reinvigorated with Presidential leadership and Congressional reform.
HUD and its affiliated local authorities have several critical responsibilities. The agency houses one million tenants in public housing and assists another 1.8 million households with rent subsidies. In addition to deploying $4 billion each year to cities and counties across the nation, HUD also houses the Federal Housing Administration, which provides federal guarantees on affordable mortgages.
As the HUD building enters . . .
Read more »