WASHINGTON – Today, HUD’s Principal Deputy Assistant Secretary Richard J. Monocchio and Indianapolis Mayor Joe Hogsett signed a Cooperative Endeavor Agreement (CEA) to collaboratively address issues with the Indianapolis Housing Agency (IHA). This partnership will focus on rebuilding trust and ensuring accountability within IHA, without affecting current residents’ housing or voucher access, aiming solely to improve their living conditions.
Following a commitment made in September 2023, HUD and Indianapolis are working together to tackle the operational, administrative, and financial issues that have adversely affected IHA and its residents.
“Given the problematic conditions and operational challenges at IHA, it became essential for HUD to intervene decisively,” explained Richard J. Monocchio. “Together with Mayor Hogsett and the City, we are poised to enact meaningful changes for the community that has endured these issues for too long.”
HUD has initiated changes by appointing Kimberly Wize, HUD’s Indiana Field Office Director, to replace the IHA Board. Indianapolis will appoint a local Recovery Monitor, and Greg Stocking will continue as the interim CEO of IHA to support these efforts. While collaborating, HUD will maintain final oversight of IHA’s recovery process.
“This unique collaboration signifies our unified goal to ensure that every resident has a safe and adequate home, which is vital for their overall health and wellbeing,” stated Mayor Joe Hogsett. “This agreement guarantees that IHA will operate efficiently, transparently, and accountably.”
This partnership, distinct from other HUD interventions, demonstrates a shared commitment by the City and federal government to enhance the operations at IHA and restore public trust. The agreement outlines each party’s roles in stabilizing and improving the agency.
IHA, along with its subsidiaries, manages rental assistance for over 20,000 low-income residents. More details about IHA-managed properties can be found on their website.
“Housing is a fundamental right,” remarked Congressman André Carson. “This partnership reinforces our commitment to ensuring all our citizens have access to safe and affordable housing. This innovative approach is essential for the revitalization of an agency that is crucial for many people daily.”
HUD and the City plan to keep open lines of communication with IHA residents, helping guide them through the changes and improvements expected in the near future.
In the next steps, IHA will issue a request for proposals for a management assessment and forensic audit under HUD’s guidance, which is vital for improving service quality and care for those served by IHA.
This intervention by HUD, in partnership with the City, is designed to secure safe, affordable housing and promote healthier communities, thus enhancing the well-being of residents supported by HUD programs.
For more information, read the original press release from: https://www.hud.gov/press/press_releases_media_advisories/HUD_No_24_075