NAHREP Statement on Selection of Representative Marcia Fudge as Secretary of Housing and Urban Development (HUD)
The National Association of Hispanic Real Estate Professionals© (NAHREP©) welcomes president-elect Biden’s selection of Representative Marcia Fudge to lead the Department of Housing and Urban Development (HUD).
As a former mayor of Warrensville Heights, Ohio, U.S. Representative Fudge understands the critical role HUD plays in building wealth for everyday Americans and stabilizing communities. Congresswoman Fudge has been a strong supporter of the HOME Investment Partnerships Program, a HUD program that offers grants to states and local municipalities to implement local housing strategies designed to increase homeownership opportunities for low- and very low-income Americans. Congresswoman Fudge was also a leading voice in the passage of the Hardest Hit Fund, a program that benefited many Latinos severely impacted by the Great Recession. As Secretary of HUD, she will play a key role in the incoming administration’s response to the COVID-19 pandemic and we are optimistic that the incoming administration will swiftly reinstate the 2015 Affirmatively Furthering Fair Housing (AFFH) and 2013 Disparate Impact rules.
As Latinos have accounted for over 50% of homeownership growth over the past decade, HUD is one of the most critical agencies to NAHREP’s work in advancing sustainable Hispanic homeownership. NAHREP looks forward to supporting Representative Fudge’s confirmation and working with her and her colleagues at HUD on our shared missions.
The National Association of Hispanic Real Estate Professionals® (NAHREP®), a nonprofit 501(c)6 trade association, is dedicated to advancing sustainable homeownership for the Hispanic community in America. NAHREP has over 40,000 real estate professional members and 100 local chapters nationwide.