excess cash from hud funding from hud. you in we have 1.5 million cash. funding received we have in the spent yet. any questions? great. we are good. >> good. >> thank you. >> i just this is more for ceo lediju in rep to the 34.5 million dollars surplus. and the coordination with the stele intent of 'll indicating it. do we have an executive summary where the allocation the surplus could land? so -- was in our let'sing plan. i want to go become to the comment around -- again. it the work there and the surplus reflects extraordinary work. that allows for a surplus to be displayed on books that is a turn around from where we were before right before you came on. as our leader. of the housing are third degree. we have not yes produced something public low that can be served, fripd and digested about how significant and contrast that moment is and when it allows us to realize. i want the housing authority on get the credit realizing the improve am this did not happen out of nowhere >> this is my commissioner comments. we have a public do you mean to peek to t

former hud secretary ben carson is here at 2:50. millenials have legitimate beefs but they may not like my answers when nothing is cheap anymore. all that and more on "making money." ♪. charles: all right, so the market dealing with summer doldrums. investors kind of hoping though, this recent weakness is just a seasonal thing. what is interesting is that professional investors, right, here in the yellow, are starting to get bullish, right? they're trying to catch up with the dumb money who rode out this rally big time from the very beginning. of course they have a lot more at stake now, these pros, because they missed the first half of this year in the rally, only just begun to increase equity exposure. what is compelling here, the names that led this market. some call them "faang," a whole lot of names, the market darlings, right? at a double top, this is a chate grater mere, they are really bearish. they're starting to struggle a little bit. you wonder how much of a pullback they will really have. the thing is for retail ininvest

as required by hud and inspected by a third party vendor. like all homes, both sites received recology trash service once per week. in addition to the service, because of significant amount of trash and illegal dumping which includes the majority from residents due to bulky items and remainder from outside sources, evmc provides daily hauling service and 6 full time staff members at each site dedicated to cleaning the property. the enhanced services are the result of the authority intentional efforts to mitigate the excess trash and illegal dumping at both sites. the cost of these enhanced efforts between oouct 1, 2022 through present is 1 million dollar. i remain committed to making the site clean along with service providers who close valuable events for the residents. working through evmc conversations have been begin how to proactively plan around events where large amounts of trash are anticipated. evmc worked with recology to audit the contract to identify a inadequate number of bins assigned to each occupied unit. evmc will discuss fu

and we have another process under hud where if you work through the hud process, we've got a consensus committee there that's made up of consumer advocates, people from the industry that can help to understand how to come up with regulations that actually work for our industry. and that's what we encourage at the front end of doe's process. i started to speak earlier that at the front end myself and other ceos in the industry met with white house staff, and and our message was, hey, we're onboard. let's go raise the standards for energy efficiency. but let us be part of that so we can make sure the mandates and rules that are put forth actually work for our agencies. >> and agencies work for us. we don't work for the agencies. we pay their salary. a lot of times that's forgotten in the real world of america, in the real world of businessful well, i would just urge you to keep at it. invite every one of the panelists to a plant, and let's let them take a look at it. ing thank you so much. >> thank you. >> the gentlewoman from michigan is now recognized for five minutes. >> thank you so

department of defense department of state department of hud. obviously urban development, all of these agencies are involved. they're all doing something or another for homeowners why are we doing this at the federal of our government. it's a great question, because certainly the biggest problems we have are fundamentally local. i mean, the local government, state, city governments, county, really determine what housing supply. housing is going to get built. most of what we do at the federal level is subsidize the mortgage market. are we sub in the financial behind that you know are we may provide assistance to the public housing or rental assistance but again at the end of the housing affordability, you know, despite the federal programs there's reason that, you know, oklahoma city is cheaper than san francisco other than the obvious demand reasons people wanted to live in one more than the other. so we certainly have had a very convoluted problem a lot of this is really dependent on the history. we've had a very fragmented banking system. a l

previously, she served as senior advisor for house finance to hud secretary marcia fudge. prior to joining the biden -harris administration, she was vice president of the housing finance policy center at the urban institute where she helped advance the national policy conversation around reducing racial homeownership and wealth gaps in removing barriers to credit and capital. she also has held important roles in the private sector in court logic at jpmorgan chase. from 2000 2-2012, she worked at fannie mae, focusing on secondary mortgage market programs and policy while there, she played a critical role executing on the housing and economic recovery act of 2008 including implementation of new programs to promote mortgage servicing reforms, foreclosure prevention and loss mitigation solutions. again, thank you for joining us in before we start our conversation, let me remind our virtual audience that if you have questions for our guest, you can post them to eric twitterx account thatbpc _bipartisan. you can use the#bpclive on view can submit your questions and the youtube c

the rules would -- we've got processes under the hud code where every, every plan for a house is engineered and approved. the rules would cause us to basically have to redesign every floor plan because of costs that are add added in the weight of the house, the thickness of walls, the elevation of the roofs, number of windows that could be included. so it's really a complete redesign of all of our designs, and we'd then have to go through a recertification profits a lot of the costs involved are the actual changes to the design. once you get through that process. but the other thing that's still undetermined is how the doe rules would actually be tested and how they'd be, you know, how the compliance process would go. we estimate that that could cost another another $1500. and what i'd like to point out is, you know, we're talking about -- it's hard to give you one number as far as the total cost because we've got different house designs, and every one's going to be a little bit unique. but i think a rough number might be for the actual changes to the design might be in the range of $6,000.

secretary fudge look across all of hud and all agency heads slipped across their businesses. charged to look at how ginnie mae can be a bigger player in making access to financing more equitable. um, and we think there is an important role that we could play there. in order to do that, not only do we need to be helping and serving who we serve today through the system, but we need to make our platform more accessible to smaller players and others doing that mending in the community that we care so deeply about. so, so that has been a huge focus for us. dennis: well, let me -- you mentioned nonbanks becoming much larger segment of lenders in the fha program. alanna: yep. dennis: that you backstop. what in particular -- nonbanks as i understand it do not have access to the fed's discount window. when there is a problem, they do not have a customer base to tap into if there is a problem. what are the unique concerns that? alanna: yeah, what you're talking about is real. it was a dynamic at the beginning of the pandemic that everybody was fearful about, which was what is the liqu

in our application to hud. i want to share who i we are here and going through the meeting commissioners, we will unfortunately missing a nice event at hertz play grounds a service by our sunnydale community members. there as well. so. great improve ams well and know this letters you may be speak. that's all i have. thank you. >> great. item 5 for general public comments. note a portion is not intends for debate with the commission or staff. state your business. it is in the appropriate for commissioners to engage in a debate or issues not set in a publicly noticed agenda. requests or a matter to attention send it via e mail. is there general public comments on the items on today's agenda in person or on line? if you are on line, raise your hand. >> i don't see. we close general public comment. and i wanted ensour we made time for the youth in the room that may have wanted to make public comment. >> thank you. >> okay item 6 the representative's report. anyone online or in person that would like to report out t

other place will be eligible to receive the same services being offered at the services our partners at hud are providing a 90 day moratorium on foreclosures of federal housing mortgages and home equity conversion mortgages. this is also another important step in the recovery process. lastly, debris removal is going to be a critical aspect of recovery. we have mission assigned both epa and the army corps of engineers to start the process of debris collection and planning for removal. we're mindful, i stress this to my team everyday talk to them, that we need to continue to ensure we have a strong respect and awareness of the native hawaiian cultures and history during a response and recovery processes. i want the people of hawaii to hear from me, fema and the federal family are here to be with you, every step of the way. to close, to the people of hawaii, i promise you this. we will do everything we can, to continue to help you rebuild on the island, the island you call home. together with our state, federal and volunteer probably nurse -- partners we will provide support as long as is nece

spend the rest of her life behind bars, lori vallowbell, th idaho mother convi conspi to murder her hud's fr wife, brher silence and remained defiant. >> no one was murdered in this case accidental deaths happen suicides happen. fatal side effects from medis i for a fact that my childree happy and busy in the spirit world. >> reporter: with vallow daybell claiming she has spoken to the victims in the afterlife, the tragic and bizarre case led to sensational headlines. dubbed the doomsday cult mom, vallow daybell claimed her children were zombies and she was a goddess sent to usher in the biblical apocalypse. the mutilated bodies of 7-year-old j.j. and 16-year-old tylee were found on the property of her new husband, chad daybell, a self-published author who wrote about doomsday and whose former wife he is also accused of killing >> i have always mourned the loss of my loved ones, and i have lost many in this mortal world >> reporter: as the judge admonished vallow daybell for showing no remorse, prosecutors say the motive was money, arguing the mother killed her children to collect benefit

so this man right here, mr. hud cola, who has been retired since 2015 but maintained his russian coincides her color, would then pass this in so so the active agents from the finished security intelligence service and it was things to all his info that defense managed to recruit another man that man is alexander and cannot see if he is the head of a travel company in moscow, specializing in stores in scandinavia. and he also has a rough and these a sensor in the house. and he also offering free services to russian diplomats. and he is the one who actually help cmo vault. and then right here obtain a russian visa on numerous occasions. quite a transformation for a guy who surface son since in russia, in the ninety's for drug crimes. well, recently he was charged with the organization of legal migration, and apparently this is exactly the kind of info defends me that to recruit him. they helped him with his visas and he returned the favor and then some the friends were interested in russian embassy, staff, members, and any personnel changes. the reaction and opinions of diplomats on the nego

and that they see received from hud. and i'm sure other people have topics as well . also how like coordinated entry is playing into their systems as well, like allocating their vacancies as if it is. so thank you, vice chair antonio. i definitely want to, as mentioned to director wheatley program in the coordinated entry update as well as the so maybe just and coming back to talk about that those topics we sort of discussed that they needed to gather more information on today i don't know if that should happen because i know we have the holidays that we're up against to november, december, but we'll have a special meeting that month. i don't know if that should happen in october or november. having an hsa come back with some of the key to answer some of the key questions that we put forth, i'll just ask our the controller staff if that's possible for maybe november special. well, actually the retreats in november. so maybe for our december special meeting, if that's your choice. we have the annual report will be part of that meeting. but there would be room for other

it challenged every single agency and secretary futch looked across hud and the agency heads look across their businesses and we were charged to look at how ginnie mae can be a bigger player in making assets to financing more equitable. we think there is an important role that ginnie mae can play their. in order to do that, not only do we need to be helping and serving who we serve today but we need to make our platform more accessible to smaller players and others who were doing that lending in the community that we care so deeply about. that's been a huge focus for us as well. >> you mentioned the nonbanks becoming a much larger segment of the lenders in the fha program. what particular -- nonbanks as i understand it don't have access to the fed window when there is a problem, they don't have a customer base, a deposit base to tap into if there is a financial problem. what are the unique concerns? >> you are talking about something that is real. the dynamic at the beginning of the pandemic that everybody was fearful about which is what is the liquidity that will -- there was a real con

whereas wasn't in the, in the mix for hud secretary transportation secretary. but maybe if he runs this race drops out. and dorothy donald trump, maybe he's in the next then not to be too cynical. we're allowed to be cynical services to be with after these campaigns. because you cover them and nobody's showing up. nobody's that interested in them yet, but they're getting mentioned to me bring them got proof like bringing and been governor of the state for 2 terms that a great job, huge economic growth gets his 1st big magazine profiles by saying he's running for president. does he want to be president? i'm sure he does, but this is the way you get in that conversation. now you have to gain this process either who figuratively, by getting in or literally by offering people. brian says, if you get into the debate, well, let me just ask is we just wrap this up? give me your gut reaction. who do you think the republican primary nominee will be, uh, you know, at the end of the process, they trumpet the nothing, nothing that normally causes gravity to drag guy down.

i am the director of the hud states to do channel center here in washington, d.c.. today we have the privilege to host a talk on a very important topic by a supremely qualified speaker. this event will last for about an hour and will begin with remarks by our distinguished speaker followed by a conversation between me and our speaker and then open up to q and a with the audience so get your questions ready. our speaker today has an outstanding career and that deserves a much larger space to introduce but due to cut -- due to time constraints we have provided a bio here in the live audience on your seat. for our c-span audience and if you want to see the full advisory -- biography of our speaker, at hudson.org. that is the website. i will highlight a few important aspects of our distinguished speakers career. ambassador robert o'brien is the cofounder and chairman of american global strategies llc. he was the 27th united states national security advisor from 20 through 2021. ambassador o'brien served on aspects of american foreign policy and national security. during

>> there will be plenty of game to go around freight assignment will hud back because people might believe it was designed for all emergencies. this is not out in the middle o the pacific great tsunami, hurricane or that simon doesn't mean run towards the mountains, i think people are short enough to people try to run away from the flames come up but there wa a number because of that. here's what i was told, i talke to a lot of people. all over west maui including a lot of guys who delve into that fire to fight it. this is what i've been told. the numbers are going to be way higher. all of these guys said that the didn't want to put numbers on it , they did see many many bodies, i want you to know that as well when i tell you this. there were a lot of children that we're from school that day. we need to find out what happened to all those kids. i will say and all of my days over there this last week i've talked to a lot of people. you don't help proposing i can' find this person or not that person. that does exist, but if the numbers are in the 500-1,000, i would have thought i would have

i am the director of the hud states to do channel center here in washington, d.c.. today we have the privilege to host a talk on a very important topic by a supremely qualified speaker. this event will last for about an hour and will begin with remarks by our distinguished speaker followed by a conversation between me and our speaker and then open up to q and a with the audience so get your questions ready. our speaker today has an outstanding

singleton is a host and former deputy chief of staff of hud and leslie marshall.start with you and what's ahead for governor desantis. >> i think this will be a significant litmus test in terms of the governor eva's ability to showcase strength. if the former president is not there, then all the candidates are indeed going to focus their ire on him as they should. whether he can defend multiple attacks would determine it with voters to stick with him or moving to the former president or someone else. if the former president is on that stage, i hope ran desantis does more than preparing once a week. it will take a whole lot more. >> harris: heavy is the head that wears the crown. without trump there he will be the focus and do you think the president will watch this and maybe take some notes and maybe do his own debate before -- during primary season? could it happen, rfk junior and joe biden? >> no, i don't think rfk junior and joe biden. if you think donald trump will watch and take notes or somebody else send him clips certainly. ron desantis will be front and c

in our application to hud.hare who i we are here and going through the meeting commissioners, we will unfortunately missing a nice event at hertz play grounds a service by our sunnydale community members. there as well. so. great improve ams well and know this letters you may be speak. that's all i have. thank you. >> great. item 5 for general public comments. note a portion is not intends for debate with the commission or staff. state your business. it is in the appropriate for commissioners to engage in a debate or issues not set in a publicly noticed agenda. requests or a matter to attention send it via e mail. is there general public comments on the items on today's agenda in person or on line? if you are on line, raise your hand. >> i don't see. we close general public comment. and i wanted ensour we made time for the youth in the room that may have wanted to make public comment. >> thank you. >> okay item 6 the representative's report. anyone online or in person that would like to report out to the board?

late 1970's there were thousands of thousands of abandoned homes that were federally owned because hudlosed on them no one was living in them. the alliance led a squatters movement basically for people to break into the homes and make them livable again. we had hundreds of families in those homes but the government was still threatening to evict everyone so we started a whole protest movement. i remember in early 1980 we led an occupation, an independent hall, the only time it was occupied by a group of protesters. with the families and the children, we sat at independent hall for a day until the police evicted us. george was so worried about the bad publicity of arresting children and mothers that they basically put everyone into paddy wagons, rolled them a few miles away and dump them in the street. subsequently, the most significant civil disobedience action was in april of 1980 when we were still trying to get the tiles to the homes -- the titles to the homes of the squatters so we decided to occupy the headquarters of jimmy carter's presidential campaign. at the time jimmy carter

san francisco reports about a thousand people without homes according to federal hud data. that is lower than pre-pandemic levels in 2019. alameda county saw the opposite, an increase in homelessness over those years with the total now approaching 10,000. santa clara county is the first and only bay area county to cross that threshold. >> seven years ago in santa clara county there is ly around 300 able housing units and soon they will have more than 3000. today the city of mountain view kicked off the transformation of a hotel on el camino rialto affordable housing. abc7news's reporter dustin dorsey shows us the work being done. >> no vacancies at the crestview hotel in mountain view yet. when this inn transforms into affordable housing 49 units will open for those who need it most. >> these will soon be homes for transition and local youth who are aging out of foster care. we are also extending a helping hand to individuals in small families who are currently experiencing homelessness or at risk of becoming homeless. >> there will be studio and one and two-bedroom units a

the fed is dispatching resources for health and human resources and hud and interior all trying to offerd more conversations to go and white house asking for about $600 million to shelter their need and the governor did not speak with the press corp. after her might and did sit down with new york 1 to talk about what was on new yorker's minds. the facilities in their neighborhoods. >> this is a whole new dynamic for residents for new york and exasperating for them. >> the white house says it's up for congress to come up with immigration reform and house republicans say they believe it's the policies coming out of the white house with dhs and fueled this crisis. stu. stuart: mark meredith, thank you very much indeed. it's that time when we try to give you a sense of the stock market and we show you all 30 of the dow stocks and that's a pretty clean cut division, isn't it? that's an almost even split, 50/50 and dow is going nowhere. 34,900, up 13 points. you've seen them, all summer long grilling outside the all american concert series and watch this, please. roll it. >> sliders on the ser

and the boat quickly started taking on both the hud frances has made 13 victims of clerical sexual abuse at the start of the 5 day trip to portugal. this visit comes just months off. the report found that almost 5000 children in portugal had been sick, surely abused by roman catholic priests includes the members. the police in brazil have killed more than 40 people in rides across is free states. it's part of an operation to combat drug gangs. more than 7000 security personnel are involved in the crank down operation on violet gangs and l silver. those central region of cabanas, the country has been under a state of emergency since last march, 72000 league game, and this has been arrested since it was imposed. the remains of an ancient while that sciences site could be as heavy as creature had gone on to supply improved and international teams been, he is taking the funds out of the side of a steep rocky cliff. they each weigh more than 100 kilograms. the while lived around 39000000 years ago, a be, i mean, formulated moder, unless it lifted the bottom of the sea and the coastal zone and

look all of those resources from the state, all of those resources from fema is going to come in, the hud for house housing, all the cdbg money that is going to come in, all that will help the community recover. >> you have worked with governor desantis in previous disasters in your previous roles in obviously hurricanes that hit florida pretty regularly. what do you think of the job he's done so far? >> the governor has done a good job on emergency management and he has since he came in office. he really understood that emergency managements in florida needed to be the top of agency in the country. in fact on the very first day that i took over in 2019, the very first place we went to was mexico beach and quite frankly, the government in florida including the governor has poured hundreds of millions of dollars into building the greatest emergency management agency of any state in the state of florida and they are battle tested right? they just did ian a year ago. state of florida is on top of emergency management. when you have storms like michael, aimpletn and idalia all in a four year

our partners at hud are also supporting the people of hawaii by providing a 90-day moratorium on foreclosures of federal housing administration insured mortgages and home equity conversion mortgages. this also another very important step in their recovery process. and lastly, debris remostly is a critical aspect of this recovery. we have mission assigned epa and the army corps of engineers to start the process of debris collection and planning for removal. also mindful and i stress to my team every day and every time i talk to them that we need to continue to ensure that we have a strong respect and awareness of the native hawaiian cultures and history during our response and recovery processes. i want the people of hawaii to hear it from me. fema and the federal family are here to be with you and we will be with you every step of the way. so to close, to the people of hawaii i promise you this. we will do everything we can to continue to help you rebuild on the island and the island that you call home. together with our state, federal and volunteer partners we will continue to provide suppor

ben carson, former hud secretary and bobby jindal former louisiana governor both join us now.re candidates in the 2016 republican primary and both had good shows. thank you, gentlemen, both for being here. let me play some clips real quick and get your tip. so, governor, first, let's look back in time to the 2016 primaries. it was at the reagan national library. you weren't on stage with president trump, but you talked about him because he was formidable at that moment. here's a portion of what you said. >> let's stop treating donald trump like a republican. if he were really a conservative. [applause] >> if he were really a conservative and 30 points ahead i would endorse him. he is not a conservative. he is not a liberal. he is not a democrat. is he not a republican. he is not an independent. he believes in donald trump. do we depend on proven conservative principles like ronald reagan did or do we turn this over to a narcissist who only believes in himself. >> pete: that was then and this is now. 2016 is light years away. the question is less about how you feel and more you

those resources, all those resources from fema that are gonna come in, the fema reimbursement, the hyde hudu have worked with governor ron desantis in previous disaster in your previous role, including hurricanes that hit florida pretty regularly. what do you make of the job that he's done so far? >> yeah, the governor is doing a good job on emergency management. and he has since he came into office. he really understood that emergency management in florida needed to be the top agency in the country. in fact, on the very first day that i took over, in 2019, the very first place we went too was mexico beach. and quite frankly, the government in florida, including the governor, has poured hundreds of millions of dollars into building the greatest emergency management agency of any state in the state of florida and they are battle-tested. they just did in ian -- we have to be when you have storms like michael, ian, and now idalia all in a four-year period. the state is doing a good job. we have had a couple losses of life. that's been kept down to a minimum. there's a lot of lessons learned fr

listen, we are still waiting for hud to update their data, that's the official data, but last year theyd in california and new york. and, by the way, that's not just because those are large states with large populations. in fact, they're both losing less can dents while florida and texas a had the fastest decline in homeless rates. this is, first and foremost, an economic problem. in june uc-san francisco actually pushed out their own research and showed that 90% of the homeless once a had a home. 75% of the homeless in california once a had a home in california, but sky-high rents, home prices pushed these folks out into the street. and and here's the thing that's important, the report points out that a state and local governments have made it so expensive, all the red tape, all of the taxes, all of the ways they beat up businesses and folks who want to do things made it too expensive to build these homes. meanwhile, where's the federal government? about a month ago, president biden offered up $3 billion. there were a lot of great articles about, wow, $3 billion to fight homelessness t