DONOVAN STATEMENT ON THE SENATE CONFIRMATION OF MEL WATT
Washington – U.S. Housing and Urban Development (HUD) Secretary Shaun Donovan released the following statement on the Senate confirmation of Rep. Mel Watt for Director of the Federal Housing Finance Agency (FHFA):
“Today’s confirmation of Mel Watt represents an important step for our housing market's continued recovery. After decades in both the public and private sectors, Mel has developed a proven track record of protecting consumers, fighting abuses, championing economic growth and working across the aisle on important issues that benefit the common good.
"He brings a wealth of experience and dedication to his new position as Director of the Federal Housing Finance Agency. I am confident that his tenure will be marked by progress. I look forward to working closely with Mel to further stabilize and strengthen the housing market so that it provides opportunity for all responsible families.”
HUD's mission is to create strong, sustainable, inclusive communities and quality affordable homes
HUD is working tostrengthen the housing market to bolster the economy and protect consumers; meet the
need for quality affordable rental homes: utilize housing as a platform for improving quality of life; build
inclusive and sustainable communities free from discrimination; and transform the way HUD does business.
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