The U.S. Senate and House of Representatives have announced staffing assignments for key congressional committees responsible for federal housing and homelessness policy and for funding the nation’s crucial affordable housing and homelessness programs.
Senate Banking Committee
The Senate Committee on Banking, Housing and Urban Affairs (Senate Banking Committee) oversees legislation, petitions, and other matters related to financial institutions, economic policy, housing, transportation, urban development, international trade and finance, and securities and investments. The Committee’s Subcommittee on Housing, Transportation, and Community Development oversees mass transit systems, general urban affairs, and development issues and is the primary oversight committee for HUD. The Subcommittee oversees HUD community development programs, the FHA, the Rural Housing Service, Fannie Mae and Freddie Mac, and all issues related to public and private housing, senior housing, nursing home construction, and indigenous housing issues.
Members of the Senate Banking Committee are listed below; members with an asterisk* next to their name are new to the committee:
Majority Members | Minority Members |
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Subcommittee assignments have not yet been announced.
Senate Appropriations Committee
The Senate Committee on Appropriations (Senate Appropriations Committee) is responsible for determining the amount of funding made available to all authorized programs each year. The Committee’s Transportation, Housing, and Urban Development (THUD) Subcommittee has jurisdiction over funding for the Department of Transportation and HUD, including community planning and development, fair housing and equal opportunity, the FHA, Ginnie Mae, public housing, and Indigenous housing issues.
Members of the Senate Appropriations Committee are listed below; members with an asterisk* next to their name are new to the committee:
Majority Members | Minority Members |
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Subcommittee assignments have not yet been announced.
Senate Finance Committee
The Senate Committee on Finance (Senate Finance Committee) oversees matters related to taxation and other general revenue measures, including health programs under the Social Security Act, such as Medicare, Medicaid, and the Children's Health Insurance Program, as well as TANF and health and human services programs financed by a specific tax or trust fund. The Low-Income Housing Tax Credit (LIHTC) falls within its jurisdiction. As the chief tax-writing committee, members of the Finance Committee will play a leading role in determining the tax provisions included in a reconciliation bill.
Members of the Senate Finance Committee are listed below; members with an asterisk* next to their name are new to the committee:
Majority Members | Minority Members |
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House Financial Services Committee
The U.S. House of Representatives’ Committee on Financial Services (HFSC) oversees all components of the nation’s housing and financial services sectors, including banking, insurance, real estate, public and assisted housing, and securities. The Committee reviews laws and programs related to HUD, the Federal Reserve Bank, the Federal Deposit Insurance Corporation, government sponsored enterprises including Fannie Mae and Freddie Mac, and international development and finance agencies such as the World Bank and the International Monetary Fund. The committee also ensures the enforcement of housing and consumer protection laws and financial privacy laws.
The HFSC Subcommittee on Housing and Insurance oversees HUD and the Government National Mortgage Association (Ginnie Mae). The Subcommittee also handles matters related to housing affordability, rural housing, community development including Opportunity Zones, and government sponsored insurance programs such as the Federal Housing Administration (FHA) and the National Flood Insurance Program.
Members of the HFSC are listed below; members with an asterisk* next to their name are new to the committee:
Majority Members | Minority Members |
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While final Subcommittee assignments have not been made, HFSC Chair Hill announced on January 9 that Rep. Mike Flood (R-NE) would serve as the chair of the HSFC Subcommittee on Housing and Insurance. Rep. Emanuel Cleaver (D-MO) is slated to return to his role as the Subcommittee’s ranking member.
Two remaining House committees – Appropriations and Ways & Means – have yet to announce their members for the new congressional session.