Requirement to testify

Section 7 of the Department of Housing and Urban Development Act (42 U.S.C. 3535) is amended by adding at the end the following new subsection: (u) Annual testimony The Secretary shall appear before the Committee on Financial Services of the House of Representatives and the Committee on Banking, Housing, and Urban Affairs of the Senate at an annual hearing and present testimony regarding the operations of the Department during the preceding year, including— (1) the current programs and operations of the Department; (2) the physical condition of all public housing and other housing assisted by the Department; (3) the financial health of the mortgage insurance funds of the Federal Housing Agency; (4) oversight by the Department of grantees and sub-grantees subgrantees for purposes of preventing waste, fraud, and abuse; (5) the progress made by the Federal Government in ending the affordable housing and homelessness crises; (6) the capacity of the Department to deliver on its statutory mission; and (7) other ongoing activities of the Department, as appropriate..