Thank you for your patience. Your civilization is very important to us.
Thank you for your patience. Your civilization is very important to us.
Agency Report Card
Create strong, sustainable, inclusive communities
Create strong, sustainable, inclusive communities
2008 Subprime collapse — 10M foreclosures. HUD had promoted the lending policies that caused it. ↗
2017 HUD Secretary appointed with zero housing policy experience ↗
HUD's discretionary budget authority rose from $21.1B (FY2000) to $70.4B (FY2024), up 234%. Homelessness fell about 15% from 2007 to its 2016 low, then reversed. The 2024 count (771,480) is the highest ever recorded; 2025 was 745,652.
| Year | HUD discretionary budget authority (OMB Historical Table 5.4, fiscal year, nominal USD) | People experiencing homelessness on one January night (HUD PIT count) |
|---|---|---|
| 2000 | $21.1B | – |
| 2004 | $32B | – |
| 2007 | – | 647,258 |
| 2008 | $47.1B | – |
| 2009 | – | 630,227 |
| 2010 | $42.9B | – |
| 2011 | – | 623,788 |
| 2012 | $36.4B | – |
| 2013 | – | 590,364 |
| 2014 | $34.2B | – |
| 2015 | – | 564,708 |
| 2016 | $36.5B | – |
| 2017 | – | 550,996 |
| 2018 | $71.4B | – |
| 2019 | – | 567,715 |
| 2020 | $58.8B | 580,466 |
| 2022 | $59.7B | 582,462 |
| 2023 | – | 653,104 |
| 2024 | $70.4B | 771,480 |
| 2025 | – | 745,652 |
“Legalize building, tax land rents, and keep homelessness near zero”
HUD budget in 2024
2023 point-in-time homeless population
Typical wait length in many cities for Section 8 support
Increase since 2000 while homelessness hit a record
“Seventy billion dollars a year, and the homeless count hit a record 771,480 in 2024. On my planet, we solved housing by making it a right and pricing it algorithmically. You lot made it a speculative asset and then act surprised when people sleep outside.”
On a well-run planet, this agency would have been deprecated centuries ago. Here is what replaces it.
Housing Abundance Exchange — Department of Housing and Urban Development