Shaun Donovan is Obama’s choice as housing secretary
President-elect Barack Obama has picked Shaun Donovan, to be the secretary of housing in his cabinet.
Donovan currently serves under Mayor Michael Bloomberg as a commissioner of Housing Preservation and Development in New York City.
Obama is tapping Donovan to help fight the impact of foreclosures in distressed cities.
In his weekly radio address, Obama said he would nominate Shaun Donovan to be Secretary of Housing and Urban Development (HUD), a department that has been accused of failing to get rid of racial discrimination in the nation’s housing and lending markets.
“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private sector to academia, Shaun will bring to this important post fresh thinking, unencumbered by old ideology and outdated ideas,” Obama says during his address. “In the end, expanding access to affordable housing isn’t just about caring for the least fortunate among us and strengthening our middle class –- it’s about ending our housing mess, climbing out of our financial crisis, and putting our economy on the path to long-term growth and prosperity. And that is what Shaun and I will work to do together when I am president of the United States.”
Donovan has tried to develop inexpensive housing in New York by giving builders incentives to include low and middle-income units in their market-rate developments.
Photo: The New York Times