- September 27, 2016
- September 22, 2016
- September 8, 2016
Washington has been buzzing with news involving the nation’s most powerful housing bureaucrat with President Obama nominating San Antonio Mayor Julian Castro to become HUD secretary. He would replace current HUD Secretary Shaun Donovan who Obama has named Director of the Office of Management and Budget (OMB).
According to numerous reports, part of the reason Castro has been chosen to lead HUD is to help polish his political skills when it comes to “the issues of poverty and to raise his appeal” among the left in preparation for the 2016 presidential race. He is widely considered one of the Democratic Party’s rising stars and has been mentioned frequently as a potential vice presidential running mate for Hillary Clinton. This should come as no surprise given Castro served as the keynote speaker at the Democratic National Convention – the same role where President Obama himself highlighted his formidable speaking skills in 2004 as a then-Illinois senator before running for president four years later.
Many experts are saying that Donovan will continue to influence federal housing policy in numerous ways as head of OMB.
“Shaun Donovan going to OMB is perhaps an opportunity to educate the office on how HUD programs work,” said Denise Muha, Executive Director of the National Leased Housing Association. She provides the often complicated Section 8 rental assistance program as an example.
However, unlike Donovan who had hefty housing credentials prior to becoming HUD secretary, critics contend that Castro has no practical experience in housing although he is clearly a rising political star on the national stage.
Provided by NMHC as part of the NAA/NMHC Joint Legislative Program
Learn about the perks and benefits of working in residential property management and some of the reasons the industry provides career growth, stability and endless opportunities.