{"id":114910,"date":"2025-12-26T05:00:58","date_gmt":"2025-12-26T10:00:58","guid":{"rendered":"https:\/\/cablemanpro.com\/wallstreetpr\/sec-turner-homeownership-is-making-a-comeback-thanks-to-trump-but-theres-more-to-come-114910"},"modified":"2025-12-26T05:00:58","modified_gmt":"2025-12-26T10:00:58","slug":"sec-turner-homeownership-is-making-a-comeback-thanks-to-trump-but-theres-more-to-come","status":"publish","type":"post","link":"https:\/\/cablemanpro.com\/wallstreetpr\/sec-turner-homeownership-is-making-a-comeback-thanks-to-trump-but-theres-more-to-come-114910","title":{"rendered":"SEC TURNER: Homeownership is making a comeback thanks to Trump, but there\u2019s more to come"},"content":{"rendered":"<div>\n<p>In his recent address to the American people, President <a href=\"https:\/\/www.foxnews.com\/category\/person\/donald-trump\" target=\"_blank\" rel=\"noopener\">Donald Trump<\/a> said: &#8220;Eleven months ago, I inherited a mess. And I\u2019m fixing it.&#8221; \u00a0<\/p>\n<p>When it comes to the border, Trump inherited a catastrophe. Border security became a joke under the Biden administration, which allowed millions of illegal aliens to rush into our country. This travesty did not only make a mockery of our laws, it also increased demand for affordable housing, which in turn increased housing costs for American families.\u00a0<\/p>\n<p>A recent Department of Housing and Urban Development (HUD) report revealed that foreign-born migrants accounted for two-thirds of the growth in rental demand across the country. Some places, such as California and New York, saw a 100% growth in migrant-fueled rental demand. \u00a0<\/p>\n<p>Outrageously, some illegals even received <a href=\"https:\/\/www.foxnews.com\/category\/us\/immigration\" target=\"_blank\" rel=\"noopener\">HUD\u2019s housing help<\/a>, siphoning taxpayer dollars away from American citizens. Under Trump\u2019s leadership, HUD is ending this insanity. We cut off illegals from receiving FHA-insured mortgages and announced a hotline to report illegal residents in HUD housing, along with other criminals, because public housing must be safe housing. We are taking decisive action to ensure HUD-funded programs and resources are not benefiting ineligible individuals or illegals.<\/p>\n<p><a href=\"https:\/\/www.foxnews.com\/opinion\/housing-costs-are-crushing-families-heres-the-way-out\" target=\"_blank\" rel=\"noopener\"><strong>HOUSING\u00a0COSTS\u00a0ARE\u00a0CRUSHING\u00a0FAMILIES \u2013 HERE\u2019S\u00a0THE\u00a0WAY\u00a0OUT<\/strong><\/a><\/p>\n<p>The mess that Trump is fixing goes beyond immigration, and over the past year, HUD has scored win after win to restore sanity and good sense to housing policy. We are putting the American Dream of homeownership back within the grasp of the American people by promoting deregulation, self-sufficiency, and common sense. \u00a0<\/p>\n<p>We started by scrapping the Biden-era Affirmatively Furthering Fair Housing (AFFH) rule. The Biden administration\u2019s negligence in enforcing border security was only matched by its zeal in imposing burdensome regulations on innocent Americans, and the AFFH rule burdened America\u2019s suburbs with red tape. Ending this regulation was a critical step in restoring freedom to local communities. \u00a0<\/p>\n<p>You cannot regulate your way to prosperity. But you can innovate.<\/p>\n<p><a href=\"https:\/\/www.foxnews.com\/politics\/hud-chief-blames-unchecked-illegal-immigration-pricing-out-families-amid-new-housing-report\" target=\"_blank\" rel=\"noopener\"><strong>HUD CHIEF BLAMES &#8216;UNCHECKED ILLEGAL IMMIGRATION&#8217; PRICING-OUT FAMILIES AMID NEW HOUSING REPORT\u00a0<\/strong><\/a>\u00a0<\/p>\n<p>That is one of America\u2019s core strengths, along with market-based solutions and private sector ingenuity. At Trump\u2019s direction, we are recalibrating HUD away from overregulation and toward supporting these key tenets of our economy. \u00a0<\/p>\n<p>That is why I am a longtime champion of Opportunity Zones. This landmark policy has lifted more than 1 million Americans out of poverty. And <a href=\"https:\/\/www.foxnews.com\/opinion\/loeffler-trumps-one-big-beautiful-bill-could-cement-economic-legacy-decades\" target=\"_blank\" rel=\"noopener\">Trump\u2019s One Big Beautiful Bill<\/a>, which is the largest working family tax cut in modern history, enhances Opportunity Zones permanently. Opportunity Zones are now expected to support over $100 billion of investment, create more than 1 million new jobs, and facilitate construction of hundreds of thousands of new homes.\u00a0<\/p>\n<p>I\u2019ve personally been to 13 Opportunity Zones in Florida, Pennsylvania, South Carolina, Georgia and other states, and I\u2019ve witnessed how lives are being transformed.<\/p>\n<p><a href=\"https:\/\/www.foxnews.com\/opinion\/trumps-50-year-mortgage-just-introduces-new-kind-debt\" target=\"_blank\" rel=\"noopener\"><strong>TRUMP\u2019S\u00a050-YEAR\u00a0MORTGAGE JUST INTRODUCES A NEW KIND OF DEBT\u00a0<\/strong><\/a>\u00a0<\/p>\n<p>I visited a vacant factory space in Green Bay, <a href=\"https:\/\/www.foxnews.com\/category\/us\/us-regions\/midwest\/wisconsin\" target=\"_blank\" rel=\"noopener\">Wisconsin<\/a> that was redeveloped into a mixed-use space with affordable homes and thriving businesses; a $5 billion development in Atlanta, Georgia, offering new housing and office spaces; and a factory using cutting-edge methods to build modular homes in Columbus, Ohio. I have spoken to business owners, workers and residents who have seen their downtown areas being rejuvenated, and I have seen the new life animating these places. \u00a0<\/p>\n<p>Of course, HUD still delivers crucial housing assistance and the numbers prove it.\u00a0<\/p>\n<p>This year we helped more than 1 million Americans achieve the American Dream of homeownership by insuring mortgages through HUD\u2019s Federal Housing Administration. This is in addition to the work of HUD\u2019s Government National Mortgage Association, or Ginnie Mae, which provided critical liquidity for more than 430,000 Veterans Affairs loans.<\/p>\n<p><a href=\"https:\/\/www.foxnews.com\/politics\/trump-admin-targets-homeless-housing-program-people-could-face-return-streets-report\" target=\"_blank\" rel=\"noopener\"><strong>TRUMP ADMIN TARGETS $3.3B HOMELESS HOUSING PROGRAM, 170,000 PEOPLE COULD FACE RETURN TO STREETS: REPORT\u00a0<\/strong><\/a><\/p>\n<p>And to combat homelessness, we welcomed more than 350,000 faith-based organizations <a href=\"https:\/\/www.foxnews.com\/opinion\/sec-scott-turner-blame-drugs-mental-illness-not-president-trump-chaos-gripping-our-streets\" target=\"_blank\" rel=\"noopener\">back to the table<\/a> as partners to provide care for the most vulnerable and help them achieve self-sufficiency instead of permanent government dependence. \u00a0<\/p>\n<p>In addition to supporting homeownership, HUD also assists Americans whose homes were damaged or destroyed in natural disasters. This year, we delivered $12 billion in disaster recovery funds to hurting communities that were affected by floods, storms and other catastrophes.<\/p>\n<p><a href=\"https:\/\/www.foxnews.com\/opinion\" target=\"_blank\" rel=\"noopener\"><strong>CLICK HERE FOR MORE FOX NEWS OPINION\u00a0<\/strong><\/a><\/p>\n<p>I personally visited California, <a href=\"https:\/\/www.foxnews.com\/category\/us\/us-regions\/southeast\/north-carolina\" target=\"_blank\" rel=\"noopener\">North Carolina<\/a>, and my own beloved state of Texas to meet with survivors of wildfires, storms and floods, hear their needs and see how HUD can help them recover from the wreckage. \u00a0\u00a0<\/p>\n<p>But HUD cannot properly focus on such important work when our resources and energy are wasted by promoting radical political ideology.<\/p>\n<p>That\u2019s why our anti-wokeness campaign involved canceling $250 million in wasteful contracts and disbanding the PAVE task force, which disrupted housing markets to supposedly address so-called &#8220;systemic biases.&#8221; We also restored safety to HUD shelters for vulnerable women by ending enforcement of a Biden-era rule that allowed men to invade these safe havens. Finally, in cities like Boston, we held local leaders accountable and launched an investigation into illegal, race-based housing policies. \u00a0<\/p>\n<p>There is more for us to do next year and beyond, but our achievements in 2025 have laid a foundation of success on which we will continue to build. As we approach <a href=\"https:\/\/www.foxnews.com\/category\/us\/america-250\" target=\"_blank\" rel=\"noopener\">our great nation\u2019s 250th birthday<\/a>, HUD will continue protecting and promoting independence and self-sufficiency as the keys to the American Dream of homeownership.\u00a0<\/p>\n<p><a href=\"https:\/\/www.foxnews.com\/person\/t\/secretary-scott-turner\" target=\"_blank\" rel=\"noopener\"><strong>CLICK HERE TO READ MORE FROM SCOTT TURNER<\/strong><\/a><\/p>\n<\/div>\n<p><a href=\"https:\/\/www.foxnews.com\/opinion\/sec-turner-homeownership-making-comeback-thanks-trump-theres-more-come\">Source &#8211; https:\/\/www.foxnews.com\/opinion\/sec-turner-homeownership-making-comeback-thanks-trump-theres-more-come <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In his recent address to the American people, President Donald Trump said: &#8220;Eleven months ago, I inherited a mess. And I\u2019m fixing it.&#8221; \u00a0 When [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"twitter_2902945987_2902945987":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[16563],"tags":[],"stock_ticker":[],"class_list":["post-114910","post","type-post","status-publish","format-standard","hentry","category-market-news","entry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>SEC TURNER: Homeownership is making a comeback thanks to Trump, but there\u2019s more to come - Wall Street PR<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cablemanpro.com\/wallstreetpr\/sec-turner-homeownership-is-making-a-comeback-thanks-to-trump-but-theres-more-to-come-114910\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SEC TURNER: Homeownership is making a comeback thanks to Trump, but there\u2019s more to come - Wall Street PR\" \/>\n<meta property=\"og:description\" content=\"In his recent address to the American people, President Donald Trump said: &#8220;Eleven months ago, I inherited a mess. 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