CQ TODAY ONLINE NEWS
Jan. 22, 2009 – 8:47 p.m.
Senate Confirms Donovan as HUD Secretary
By Bennett Roth and Karoun Demirjian, CQ Staff
The Senate late Thursday confirmed former New York housing official Shaun Donovan as Housing and Urban Development secretary.
Donovan, 44, was confirmed by voice vote. He was New York City’s housing commissioner, a position he had held since 2004. Members of both parties praised his qualifications to lead HUD at a Jan. 13 confirmation hearing before the Banking, Housing and Urban Affairs Committee.
At the hearing, Donovan promised a more aggressive and far-reaching effort to ease the mortgage crisis and promote affordable housing.
Donovan served as deputy assistant secretary for multifamily housing at HUD during the Clinton administration, when he was responsible for programs involving privately owned apartment complexes. He has also worked at Prudential Mortgage Capital Co. as managing director of its Federal Housing Administration lending and affordable housing investments.
Donovan took a leave of absence from the Bloomberg administration to advise Obama during his campaign.
Democratic senators said they were looking to Donovan to reinvigorate an agency they said had not been aggressive enough in dealing with the housing crisis.
“Surprisingly — and unfortunately, in my opinion — HUD has not played a central role in addressing the housing crisis,” said banking panel Chairman Christopher J. Dodd , D-Conn. “We cannot address our economic crisis until we address the underlying housing crisis. And to do that, we need an active, aggressive and well-run HUD with leadership that is competent in its mission and unafraid to act.”
When he announced his selection of Donovan, President Obama said his pick for HUD secretary would be essential to his plan to “dramatically increase the number of families who can stay in their homes.”
“With experience that stretches from the public sector to the private sector to academia, Shaun will bring to this important post fresh thinking, unencumbered by old ideology and outdated ideas,” Obama said.
Among the new initiatives Donovan has expressed his desire to pursue are policies to promote low-income housing construction projects that incorporate the principles of sustainability and energy efficiency; coordinating low-income housing development with improvements in transportation; and expanding the availability of FHA-backed low-income rental housing, as another option for contending with the foreclosure crisis.
“HUD can give families the choice to live closer to where they work and, in the process, cut transportation costs,” Donovan said at his confirmation hearing. “HUD can help low-income families gain greater access to security and opportunity by expanding fair housing efforts.”




Comments
Mr. Shaun Donovan is an excellent section, I am looking forward in working with our new Secretary of HUD.
As a HUD employee, I am in absolute agreement of fresh thinking and leadership that is competent and unafraid to act for this agency. The existing culture here at HUD seems to have been repeated for decades. It is time for change! My experience here for the past five years has been, that the employees work hard not accomplishing much of anything, instead of working smart. Management here waste too much time trying to reinvent the wheel, oppose to adopting successful best practices of other federal government agencies. I welcome change, fresh new ideas, and relish the opportunity to diligently work for my new Administration and President.
I work for HUD last 5 years, and I welcome new ideas that would really work to help the current housing issues. With hopes that work would be return for inhouse progessing which could be more control. Welcome aboard
I am a HUD Section8 property owner and it has come to my attention that instead of helping needy families and putting them in advantages positions to allow them to get off the system they are incouraged to stay on system by playing musical houses and discouraged with deceptive tactics in perventing families from gaining access to proper housing. It is my sincere that hope Mr. Donovan will stop this type practice and allow these people some dignity in their persuit of happiness
Mr. Davonan, please address the inflated home prices. It is impossible to puchase a home that has inflacted in prices by 100%. A home in Orange County California cost $400,000. Not even a married couple with two imcome can support that payment of $2500.00 a month. Also the commission of real estate agents is 5% of that home prices. I need to be a realtor. Can something be done to lower the commission of a realtor. They make more than I make a year on the sale of one home. An the sale of a bank own home is essentially a no brain job. I find the house, and they get the commission, something is wrong with that picture. The Realtor do not show it, inspect it, terminte it, or negotiate the price, I do it all, so why am I paying a realtor.. help struggling home buyer...
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