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 is responsible for monitoring urban mass transit systems and general urban issues, as well as HUD community development programs; the Federal Housing Administration; the Rural Housing Service; and Fannie Mae and Freddie Mac, federal corporations that assist Americans with the costs of homeownership.