• New HUD Appointments/Nominees Announced this Week

Carol Galante Appointed as HUD Deputy Assistant Secretary for Multifamily Housing Programs 

HUD Secretary Shaun Donovan announced this week that President Barack Obama has appointed Carol Galante as Deputy Assistant Secretary for Multifamily Housing Programs at HUD. Galante is currently the President of BRIDGE Housing Corporation, the largest nonprofit developer of affordable apartments and homes in California, specializing in the development of family and senior affordable apartments, rental and ownership housing, and an array of revitalization, transit-oriented, urban infill, and mixed-use/mixed-income developments. As Deputy Assistant Secretary, Galante will be responsible for HUD's financing support for the development and preservation of privately-owned rental housing (a current portfolio of over $58 billion) and will be integral to several new initiatives that promote sustainable development.

Raphael Bostic, Nominee for Assistant Secretary for Policy Development and Research, Department of Housing and Urban Development 

Dr. Bostic is a Professor in USC’s School of Policy, Planning, and Development. Mr. Bostic studies the roles that credit markets, financing, and policy play in enhancing household access to economic and social amenities.  Dr. Bostic is an expert on housing and homeownership, and has extensively studied the roles that credit markets, financing, and policy play in enhancing household access to economic and social amenities.  He is also currently studying the effects of community development financial institutions on neighborhood well-being, how anti-predatory lending laws impact credit flows, and the role of the private label secondary market in facilitating the flow of capital to subprime and possibly predatory loans.   

Peter Kovar, Nominee for Assistant Secretary for Congressional and Intergovernmental Affairs, Department of Housing and Urban Development 

Several years after graduating from the University of Rochester (NY) with a Bachelor of Arts degree in history, Kovar worked on the first reelection campaign of U.S. Congressman Barney Frank (D-MA) in 1982, and subsequently joined Frank’s Washington office as a junior staffer.  He later worked for U.S. Senator John Kerry (D-MA) when he was first elected, and then returned to Frank’s office as a legislative assistant.  He became Frank’s Chief of Staff in 1991, and has served in that capacity since then.  During his 26 tenure on Capitol Hill, Kovar has worked on virtually every issue that comes before Congress, having specialized at various points in his career on such diverse issues as immigration policy, Medicare reimbursement regulations, environmental protection, marine fisheries, transportation projects, government ethics, and economic development in Massachusetts and the communities Frank represents.

Visit www.hud.gov for more information.

• HUD Web Site Resources

HUD's Web site can be difficult to navigate, but you can recieve multifamily information on topics of your choice by signing up for one of HUD's maililng lists. Multifamily builders, developers, and professionals can go to www.hud.gov/subscribe/mailinglists.cfm to view the list and get instant notices, current research resources, and regulatory updates on:

• Multifamily Property Disposition
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• Community Development Block Grants
• American Housing Survey Information
• Office of Affordable Housing Programs
• and More...

For HUD publications, periodicals, data sets, and Web site navigation tips visit www.huduser.org.