Government

What does the do?

The Department of Housing and Urban Development (HUD) is an executive branch agency responsible for national housing policy and community development. Its functions include providing affordable housing assistance, enforcing fair housing laws, supporting homeownership programs, and administering grants for urban development and disaster recovery. It was established in 1965.

Data updated January 23, 2025
In FY 2024,

$52B

was spent by the Dept. of Housing and Urban Development
In FY 2024,

0.8%

of federal spending was by the Dept. of Housing and Urban Development

How much does the US Department of Housing and Urban Development spend?

The Department of Housing and Urban Development spent $52 billion in fiscal year (FY) 2024. This was 0.8% of the $6.8 trillion in overall federal spending. The department ranked twelfth among federal agencies in total spending.

The Department of Housing and Urban Development accounted for 0.8% of all federal spending in FY 2024.

Share of HUD net spending compared to the top ten highest spending agencies in FY 2024

Federal spending may shift over time due to population growth, changes in policy and programs, and emerging problems to address. Adjusting for inflation, the Department of Housing and Urban Development’s federal spending has increased from $49.6 billion in 1980 to $52 billion in 2024.

The Department of Housing and Urban Development’s federal spending in FY 2024 was higher than in FY 1980.

Yearly federal net spending by HUD, adjusted for inflation (2024 dollars), FYs 1980–2024

Since 1980, the Department of Housing and Urban Development's spending has increased 4.8%, while overall spending has increased 193.7%.
The department’s spending grew less than overall spending, which means that the department’s share of the federal budget decreased. In 2024, the Department of Housing and Urban Development (HUD) accounted for 0.8% of all federal spending. That’s 0.3 percentage points lower than 2014 and 1.3 points lower than in 1980.
Major legislation, internal or global economic conditions, and acute events like the COVID-19 pandemic can affect spending year to year. For example, the federal budget fluctuated during the pandemic, rising from $5.3 trillion (in 2023 dollars) in 2019 to $7.7 trillion in 2020 and $7.8 trillion in 2021.

The Department of Housing and Urban Development’s share of federal spending in FY 2024 was lower than in FY 1980.

Percentage of federal budget dedicated to HUD, FYs 1980–2024

Most federal spending can be categorized as direct or indirect. Direct spending refers to money the federal government spends on budget items such as federal programs, employee salaries, and debt interest. Indirect spending refers to federal transfers to state and local governments.
In FY 2024, the Department of Housing and Urban Development had negative net direct spending, which means the department’s indirect spending was more than 100% of its total budget.
The chart below outlines all HUD spending.

How did the Department of Housing and Urban Development spend its budget in 2024?

Federal government net spending isolated to HUD, FY 2024

Who leads the Department of Housing and Urban Development?

HUD is headed by the secretary of Housing and Urban Development, who is nominated by the president, confirmed by the Senate, and then sworn into office. They are one of the 15 cabinet members who serve at the president’s discretion. This appointed position typically ends when the appointee resigns, is replaced, or when a new president assumes office and appoints their own cabinet, though some may serve temporarily during transitions between administrations.

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Methodology

USAFacts standardizes data, in areas such as time and demographics, to make it easier to understand and compare.

Page sources

USAFacts endeavors to share the most up-to-date information available. We sourced the data on this page directly from government agencies; however, the intervals at which agencies publish updated data vary.

  • Office of Management and Budget and US Department of the Treasury

    Budget of the US Government and Monthly Treasury Statement

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