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In commemoration of HUD’s 50th anniversary, House Financial Services Chairman Jeb Hensarling (R-TX) recently issued a call for ideas to reform HUD and modernize the delivery of federal housing assistance. According to Hensarling, HUD hasn’t met the expectations set for the agency by President Lyndon Johnson when he created the department, which was “to achieve the best administration of the principal programs of the Federal Government which provide assistance for housing.”
