HUD Transparency Act of 2024

This bill requires the HUD Inspector General to provide annual testimony before the House Financial Services Committee and Senate Banking Committee by October 1 each year. The testimony must cover specific areas: efforts to detect fraud/waste, audit and investigation capabilities, program improvement opportunities, and ongoing oversight activities. It directly affects HUD's Inspector General and the designated congressional committees by establishing a formal reporting requirement. The bill does not change HUD programs but mandates regular transparency about oversight work.