NAHMA Welcomes Marcia L. Fudge as New HUD Secretary
Alexandria, Va., – RealEstateRama – The National Affordable Housing Management Association (NAHMA) congratulates Rep. Marcia L. Fudge on her March 10 confirmation as secretary of the U.S. Department of Housing and Urban Development (HUD).
Secretary Fudge took the oath Wednesday after the Senate voted to confirm her. As secretary of HUD, Fudge now leads a federal department with wide reach throughout the United States, including the Offices of Housing, Community Planning and Development, Federal Housing Administration, Public and Indian Housing, Fair Housing and Equal Opportunity, Policy Development and Research, Field Policy and Management, Government National Mortgage Association (Ginnie Mae), Lead Hazard Control and Healthy Homes, and Faith-Based and Neighborhood Partnerships.
The association welcomes the chance to work with HUD’s new leadership on affordable housing issues, including:
• Providing Emergency Rental Assistance to individuals and families adversely impacted by the pandemic.
• Providing operational assistance to property owners adversely impacted by the pandemic’s downstream effects on the federally-assisted portfolio, including rapidly rising insurance costs, depletion of replacement reserves, backlog of delayed maintenance and renovation, and misalignment between rents and operating expenses.
• Ensuring timely and full funding for HUD’s rental assistance programs, including Project Based Section 8 housing assistance payment contracts and service coordinators.
• Preserving and developing new affordable housing units, while ensuring tenants can access economic opportunity.
• Reducing regulatory burden in affordable housing policies.
“Secretary Fudge is a longtime champion of affordable housing and community development, and we know she will do an outstanding job serving the American people. We are grateful to have her considerable talents and knowledge to guide HUD as our nation pulls through the COVID-19 pandemic that has devastated the housing market. We wish Secretary Fudge much success in leading HUD during this unprecedented time and look forward to advancing our shared goals of providing decent, safe, and affordable housing to all Americans and improving residents’ lives,” Kris Cook, CAE, NAHMA executive director, said. “We look forward to the opportunity to share NAHMA’s perspectives about improving HUD’s multifamily housing programs, which are critical to providing quality rental housing to families in need and to improving economic opportunity for all Americans.”
NAHMA is the leading voice for affordable housing management, advocating on behalf of multifamily property managers and owners whose mission is to provide quality affordable housing. NAHMA supports legislative and regulatory policy that promotes the development and preservation of decent and safe affordable housing, is a vital resource for technical education and information and fosters strategic relations between government and industry. NAHMA’s membership represents 75% of the affordable housing management industry, and includes its most distinguished multifamily owners and management companies. Visit www.nahma.org for more information.
Jennifer Jones, Director of Communications and Public Relations
National Affordable Housing Management Association
703-683-8630, ext. 100