the cdbg housing program is for rehab. the home funds are for new construction, and you can see it's just under 4.6 million for housing development, and the last program is our hopwa housing program, housing program for persons with aids. we get just under 13 million. it's used for a variety of purposes. a large portion is to cover the on going operating costs of our residential care facilities for people with chronic h.i.v. another portion is used for long-term rental subsidy, and then, a final portion helped to create units set aside for people living with h.i.v. we do have a retroactive memory row just because our program begins on july 1 and we're coming to you today. we delayed our process so we could focus on the general fund in the month of june, which is when we usually go forward with this. on the cdbg side, which is the side that provides most of the community grants, i think we've already communicated with your offices a couple of months ago when we went through our general budget process, and you have the compl

as you know you and i have visited about the situation where the cdbg dollars for disaster mitigation in houston. as they were handled in texas we had a hearing about that last week. it's just another example of how the dollars are sent that the governors sometimes governors from the other side of the aisle, in our case, they just decide to either delay or do their own formulas or do whatever they want to with the dollars. what can we do as lawmakers to prevent those situations from happening? what other guardrails, what other procedures can we do? is it possible that some of these dollars go directly to cities like houston who can probably handle the dollars and had the resources and staff to quickly get those dollars out the door? secretary fudge: the good thing is cities like houston do get it directly because they are entitle cities, anything over 50,000 -- 500,000 people. i was in this before. they have their rights they should be able to do what they want to do. cities have their rights. now they want me to control t there is only so much we can do based upon the way that the la

can you address whether you think the cdbg, whether the formula is outdated and in fact does need to be modernized? >> i think we need to take a look at it just like we do so many other formulas. we are in the process of evaluating where we stand and absolutely i think we should look at it. >> i do appreciate that answer. i would appreciate if your staff can follow up with a lien on any proposals and maybe ws an maybee ideas. the gentleman's time is expired. the gentlewoman f texas, ms. garcia, is now recognized for five minutes. >> thank you madam chair for this very important hearing and our indentation. madam secretary, it just sounds so great to say that. welcome to your hearing on the financial services. i know many of us to join in standing with you and your success and if there is anything i or my office can do to help do not hesitate to call. i will focus on housing and access to housing. research shows access to housing equals a healthy and productive society. it means access to building generational wealth and also means closing the racial wealth gap. it's estimated that be

the cdbg housing program is for rehab.nds are for new construction, and you can see it's just under 4.6 million for housing development, and the last program is our hopwa housing program, housing program for persons with aids. we get just under 13 million. it's used for a variety of purposes. a large portion is to cover the on going operating costs of our residential care facilities for people with chronic h.i.v. another portion is used for long-term rental subsidy, and then, a final portion helped to create units set aside for people living with h.i.v. we do have a retroactive memory row just because our program begins on july 1 and we're coming to you today. we delayed our process so we could focus on the general fund in the month of june, which is when we usually go forward with this. on the cdbg side, which is the side that provides most of the community grants, i think we've already communicated with your offices a couple of months ago when we went through our general budget process, and you have the complete list of