HUD Acting Secretary Tours Housing Developments in New York City

During her visit, Acting Secretary Todman spoke at the Mortgage Bankers Association conference

NEW YORK CITY - Today, Adrianne Todman, the Acting Secretary of the U.S. Department of Housing and Urban Development (HUD), traveled to New York City where she toured public housing developments in Fort Washington and discuss federal engagement with local leaders and residents. The first development was a newly converted building for Senior residents. The second development was a multi-family unit currently undergoing renovations.

“These visits allow me to see the work of HUD’s partners is doing every day on the ground and engage with residents to understand what we’re doing right, and what we can do better,” said HUD Acting Secretary Adrianne Todman. “I look forward to seeing how HUD’s resources are helping communities and continuing working together to bring more improvements to housing developments across the city.”

During her visit, the Acting Secretary also spoke at the Mortgage Bankers Association’s Secondary & Capital Markets Conference & Expo, where she announced a new update to promote access to affordable mortgage financing. In addition, in an effort to modernize and digitalize systems, promote liquidity, and expand access to affordable housing, she announced that Ginnie Mae will permit the securitization of Digital Collateral into the same pools as its traditional paper collateral.

See photos below: