The US Department of Housing and Urban Development (HUD) has played a critical role in the nation’s coronavirus pandemic response and in managing challenges to housing stability for both homeowners and renters impacted by the crisis. That support has taken myriad forms, ranging from forbearance for homeowners with federally backed loans to Ginnie Mae’s interventions to support liquidity in the mortgage-backed securities market.

To discuss HUD's response to the crisis, Sam Chandan is joined by the Honorable Seth Appleton, Assistant Secretary for Policy Development & Research at HUD and head of Ginnie Mae; and Alfonso Costa, Deputy Chief of Staff to Secretary Ben Carson and HUD's agency lead for the White House Opportunity and Revitalization Council. The Council is the oversight body for the Opportunity Zone program, which provides new paths for  investment in historically underserved communities.

Program Notes

Information for homeowners, renters, and housing providers on HUD's pandemic response programs can be found at hud.gov/coronavirus.

Information about the Opportunity Zone program can be found at OpportunityZones.gov.

IRS Notice 2020-39—Relief for Qualified Opportunity Funds and Investors Affected by Ongoing Coronavirus Disease 2019 Pandemic