United States Senate Banking Subcommittee on Housing, Transportation, and Community Development
Encyclopedia
The Senate Banking Subcommittee on Housing, Transportation, and Community Development is one of five subcommittees within the Senate Committee on Banking, Housing, and Urban Affairs
.
(HUD). The subcommittee oversees urban mass transit systems and general urban affairs and development issues, HUD community development programs
; the Federal Housing Administration
; the Rural Housing Service
; and Fannie Mae
and Freddie Mac
, federal corporations that help Americans with the costs of homeownership. The subcommittee also oversees all issues related to public and private housing
, senior housing, nursing home
construction, and Indian housing
issues.
of New Jersey
, and the Ranking Minority Member
is Republican Jim DeMint
of South Carolina
.
United States Senate Committee on Banking, Housing, and Urban Affairs
The United States Senate Committee on Banking, Housing, and Urban Affairs has jurisdiction over matters related to: banks and banking, price controls, deposit insurance, export promotion and controls, federal monetary policy, financial aid to commerce and industry, issuance of redemption of notes,...
.
Jurisdiction
The Subcommittee on Housing, Transportation, and Community Development is the primary oversight committee for the U.S. Department of Housing and Urban DevelopmentUnited States Department of Housing and Urban Development
The United States Department of Housing and Urban Development, also known as HUD, is a Cabinet department in the Executive branch of the United States federal government...
(HUD). The subcommittee oversees urban mass transit systems and general urban affairs and development issues, HUD community development programs
Community Development Block Grant
The Community Development Block Grant , one of the longest-running programs of the U.S. Department of Housing and Urban Development, funds local community development activities such as affordable housing, anti-poverty programs, and infrastructure development...
; the Federal Housing Administration
Federal Housing Administration
The Federal Housing Administration is a United States government agency created as part of the National Housing Act of 1934. It insured loans made by banks and other private lenders for home building and home buying...
; the Rural Housing Service
Rural Housing Service
The Rural Housing Service is an agency of the United States Department of Agriculture . Located within the Department's Rural Development mission area, RHS operates a broad range of programs to provide:*homeownership options to individuals;...
; and Fannie Mae
Federal National Mortgage Association
The Federal National Mortgage Association , commonly known as Fannie Mae, was founded in 1938 during the Great Depression as part of the New Deal. It is a government-sponsored enterprise , though it has been a publicly traded company since 1968...
and Freddie Mac
Federal Home Loan Mortgage Corporation
The Federal Home Loan Mortgage Corporation , known as Freddie Mac , is a public government sponsored enterprise , headquartered in the Tyson's Corner CDP in unincorporated Fairfax County, Virginia....
, federal corporations that help Americans with the costs of homeownership. The subcommittee also oversees all issues related to public and private housing
House
A house is a building or structure that has the ability to be occupied for dwelling by human beings or other creatures. The term house includes many kinds of different dwellings ranging from rudimentary huts of nomadic tribes to free standing individual structures...
, senior housing, nursing home
Nursing home
A nursing home, convalescent home, skilled nursing unit , care home, rest home, or old people's home provides a type of care of residents: it is a place of residence for people who require constant nursing care and have significant deficiencies with activities of daily living...
construction, and Indian housing
Office of Public and Indian Housing
The Office of Public and Indian Housing is an agency of the United States Department of Housing and Urban Development. Its mission is to ensure safe, decent, and affordable housing, create opportunities for residents' self-sufficiency and economic independence, and assure the fiscal integrity of...
issues.
Members, 112th Congress
The Committee is chaired by Democrat Robert MenendezRobert Menendez
Robert "Bob" Menendez is the junior United States Senator from New Jersey and a member of the Democratic Party. In January 2006, he was appointed to fill the U.S. Senate seat vacated by Jon Corzine, who resigned upon being elected Governor of New Jersey. Menendez was elected to his own full...
of New Jersey
New Jersey
New Jersey is a state in the Northeastern and Middle Atlantic regions of the United States. , its population was 8,791,894. It is bordered on the north and east by the state of New York, on the southeast and south by the Atlantic Ocean, on the west by Pennsylvania and on the southwest by Delaware...
, and the Ranking Minority Member
Ranking member
In United States politics, a ranking member is the second-most senior member of a congressional or state legislative committee from the majority party. Another usage refers to the most senior member of a congressional or state legislative committee from the minority party. This second usage, often...
is Republican Jim DeMint
Jim DeMint
James Warren "Jim" DeMint is the junior U.S. Senator from South Carolina, serving since 2005. He is a member of the Republican Party and a leader in the Tea Party movement. He previously served as the U.S. Representative for from 1999 to 2005.-Early life and education:DeMint was born in...
of South Carolina
South Carolina
South Carolina is a state in the Deep South of the United States that borders Georgia to the south, North Carolina to the north, and the Atlantic Ocean to the east. Originally part of the Province of Carolina, the Province of South Carolina was one of the 13 colonies that declared independence...
.
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See also
U.S. House Financial Services Subcommittee on Housing and Community OpportunityUnited States House Financial Services Subcommittee on Housing and Community Opportunity
The U.S. House Financial Services Subcommittee on Insurance, Housing and Community Opportunity is a subcommittee of the House Committee on Financial Services.-Jurisdiction:...
External links
- U.S. Senate Committee on Banking, Housing, and Urban Affairs
- Senate Banking Committee membership page
- Banking Subcommittee on Housing, Transportation, and Community Development membership page