WASHINGTON (Los Angeles Times) – Hoping to bring new ideas to the old problem of affordable housing, President-elect Barack Obama has nominated Shaun Donovan to head the Department of Housing and Urban Development (HUD).
Donovan has worked in both business and nonprofit sectors and at HUD during the Clinton administration.
He later worked at Prudential Mortgage Capital Co. before being named commissioner of New York City’s Department of Housing Preservation and Development. Today, Donovan leads the largest municipal affordable housing plan in the nation.
