FOR IMMEDIATE RELEASE
January 23, 2009
STATEMENT BY MAYOR MICHAEL R. BLOOMBERG ON SENATE CONFIRMATION OF SHAUN DONOVAN AS SECRETARY OF HOUSING AND URBAN DEVELOPMENT
"Late yesterday, the United States Senate confirmed Shaun Donovan as President Obama's Secretary of Housing and Urban Development.
"At this moment, when so many Americans have lost their homes, and so many more are afraid that they soon will, the country is fortunate to have someone of Shaun's intelligence, passion and determination to lead the Department of Housing and Urban Development. New Yorkers have been the beneficiaries of Shaun's work for the past five years and will be for many to come. As Commissioner of our Department of Housing Preservation and Development, Shaun helped grow and implement our ambitious 165,000-unit New Housing Marketplace plan - the largest in the nation, designed to provide housing affordable to 500,000 working New Yorkers. Largely due to Shaun's stewardship, we've shown that through innovative thinking and responsible planning government can be a stabilizing force during difficult times - of more than 17,000 affordable home mortgages entered into through our housing plan, we've had just five foreclosures.
"The nation faces serious housing challenges today, and I can't think of anyone better suited to help President Obama and his Administration meet them than Shaun."
Stu Loeser (212) 788-2958