HUD CFO lays out plans for Technology Modernization Fund award
In this two-part interview, Department of Housing and Urban Development CFO Irv Dennis details how the agency will manage their recently awarded Technology Modernization Fund money, and his top priorities at the organization.
The Department of Housing and Urban Development was one of the first agencies to receive money from the Technology Modernization Fund. HUD received $20 million from the TMF board to migrate their on-site mainframes to the cloud. Irv Dennis, Chief Financial Officer at HUD said that the process is similar to a loan.
“We will take the $20 million and pay it back over a 5‑year period with the savings. We’re going to use contractors and fed employees to convert the Unisys mainframe and put it to the cloud. We’re going to use the Microsoft cloud application… The applications will stay the same, but the mainframe will be what’s lifted to the cloud,” Dennis said. “Think of it like this; taking an engine out of an old car frame and putting it into a new car frame. That old frame has been expensive. This will result in cost savings for us.”
Dennis told Government Matters that some of his top priorities are to improve the finances and prevent “fraud, waste and abuse.”
“There’s probably another 11 reports and processes that are in place, and all of those need homework. I was a little surprised about that. But, it is not a challenge we can’t handle or a challenge HUD can’t handle. We have the right sponsorship at the leadership and the secretary is supportive,” Dennis said. “I have a very clear vision of how to remediate all of that and my team has been fabulous in helping me support it and breaking down the walls of communication between the programs and the other offices.”