Bill 118 hr 8302, also known as the HUD Evaluation and Optimization Commission Act of 2024, aims to establish a commission within the Department of Housing and Urban Development (HUD) to evaluate and optimize the effectiveness of HUD programs and policies. The commission will be composed of experts in housing policy, economics, and other relevant fields, appointed by the President and confirmed by the Senate.
The commission will be tasked with conducting a comprehensive review of HUD programs and policies to identify areas for improvement and efficiency. This includes evaluating the impact of HUD programs on housing affordability, homelessness, and community development. The commission will also assess the effectiveness of HUD's partnerships with state and local governments, non-profit organizations, and private sector entities.
Additionally, the commission will make recommendations to Congress and the President on ways to streamline and improve HUD programs, increase transparency and accountability, and better serve the needs of low-income and vulnerable populations. The commission will submit a report of its findings and recommendations to Congress and the President within one year of its establishment.
Overall, the HUD Evaluation and Optimization Commission Act of 2024 seeks to enhance the effectiveness and efficiency of HUD programs and policies, ultimately improving housing affordability and addressing the needs of underserved communities.