HUD Accepting Nominations for the Housing Counseling Federal Advisory Committee
The U.S. Department of Housing and Urban Development (HUD) earlier today published a notice in the Federal Register soliciting nominations for eight individuals to serve on the Housing Counseling Federal Advisory Committee (HCFAC).
HUD established the HCFAC in April 2015 pursuant to the Dodd-Frank Wall Street Reform Act to advise HUD’s Office of Housing Counseling (OHC) on the best uses of its resources to provide more borrowers with HUD-approved counseling services. HCFAC is made up of 12 individuals, with two members representing the interests of the mortgage industry, two members from the real estate industry, two members representing the interests of consumers, and two members from HUD-approved housing counseling agencies. Members of the HCFAC are appointed by the HUD Secretary to three-year terms. To stagger the members of the committee, four of the original appointees were appointed to a one-year term, four to two-year terms, and four to three-year terms. The initial twelve members of the committee were appointed by the Secretary on June 1, 2016.
Terri Redmond, from the Pennsylvania Housing Finance Agency, was an original appointee of the HCFAC as a representative of HUD-approved housing counseling agencies. Though her term expired in mid-2017, she continues to serve on the committee as a “former member” until her position is filled.
Today’s notice announced eight positions will be available: two openings each from the four categories listed above. Four of the newly appointed members will serve the remaining two years of three-year terms that began on June 1, 2017 and will end on May 31, 2020. The remaining four members will serve three-year terms beginning June 1, 2018 and ending May 31, 2021.
OHC is accepting nominations for the HCFAC positions until May 9, 2018. Potential applicants are encouraged to apply as soon as possible. For more information and to view the application form, please click here. If you are interested in nominating yourself or one of your colleagues, please let Glenn Gallo or Greg Zagorski know.