Mayor Michael R. Bloomberg today
named Rafael Cestero to serve as Commissioner of the Department of Housing
Preservation and Development (HPD). Cestero will replace Shaun Donovan, who was
chosen by President Obama to be Secretary of the U.S. Department of Housing and
Urban Development after serving as HPD Commissioner since 2004. Cestero is expected to
begin in the position on March 16. The Mayor made the announcement in the Blue
Room of City Hall, where he was joined by Deputy Mayor for Economic Development
Robert C. Lieber and New York City Housing Development Corporation President
Marc Jahr.
“Rafael will bring tremendous
experience and a track record of innovative thinking to the Department of
Housing Preservation and Development,” said Mayor Bloomberg. “This is a
challenging time and Rafael has big shoes to fill – Shaun Donovan’s success
developing and implementing our housing plan led him to a spot in President
Obama’s cabinet. But we are lucky to have found a successor who brings the same
high level of innovative thinking, experience and commitment to affordable
housing in New York
City.”
“Rafael is well recognized around the country as a leader in the
development of affordable housing, and we are lucky that he’s becoming New York City’s housing
Commissioner,” said Deputy Mayor Lieber. “He has spent time in both the public
and private sectors and understands the New York City housing market and the challenges
of financing housing in today’s environment. I look forward to working with him
as we move ahead with our housing plan.”
“I am truly honored to join the
Bloomberg Administration at what is a critical time for New York City housing
policy,” said Cestero. “I’ve dedicated my career to building affordable housing
and helping communities thrive, and I’m thrilled to have the opportunity to
pursue the ambitious housing plan Mayor Bloomberg has set out for New York City. Shaun
Donovan was as intelligent and committed a public servant as there is – I know
having worked closely with him at HPD
– and New York City was extremely fortunate to have him as Housing Commissioner
for the past five years. I also know firsthand how dedicated and professional
the staff of HPD is, and I am excited
to rejoin my colleagues and get to work.”
Cestero will join the Administration from Enterprise Community Partners,
where he served as Senior Vice President and Chief Program Officer overseeing
the organization’s national programs related to housing production, income
targeting and quality of life measures. He spent the majority of his 19-year
career at Enterprise, a national organization that has invested more than $9
billion to build affordable housing throughout the country. Before rejoining
Enterprise, he played a central role at HPD as Deputy Commissioner managing the
Department’s Office of Development from 2004 to 2007. At HPD, Cestero helped
develop the City’s $7.5 billion New Housing Marketplace Plan and employed
innovative tools to create affordable housing, including inclusionary zoning. He
also helped establish the NYC Acquisition Fund, which makes it easier for
developers to create affordable housing by providing them with faster access to
equity and predevelopment capital. The fund recently was awarded the Harvard
Kennedy School of Government “Innovations in American Government” Award. Cestero
earned a Master of Urban Planning degree with a specialization in community
development from the University of Illinois at Urbana-Champaign and a Bachelor
of Sciences degree from Cornell University.
The replacement search was led by Nathan Leventhal, chairman of the Mayor's
Committee on Appointments, and Andrea Shapiro Davis, Special Advisor to the
Mayor.
The New York City Department of
Housing Preservation and Development is charged with developing and preserving
affordable housing through a variety of programs in areas like new construction,
foreclosure prevention, housing code enforcement and emergency repair of
privately owned occupied buildings. As the largest municipal developer of
affordable housing in the nation, HPD
supports the repair, rehabilitation and new construction of hundreds of
thousands of units of housing. HPD is
responsible for implementing Mayor Bloomberg’s $7.5 billion New Housing
Marketplace Plan to create and preserve more than 165,000 homes and apartments
in neighborhoods. From July 2004 through December 2008, HPD, along with its for-profit and not-for-profit
partners, has begun construction or renovation of 84,651 affordable housing
units, 25,913 of which are homeownership units.
###