President Biden has nominated Julia Gordon to serve as Assistant Secretary for Housing, Federal Housing Commissioner, at the U.S. Department of Housing and Urban Development.
Gordon is currently president of the National Community Stabilization Trust, a nonprofit organization that works to provide community-based buyers an opportunity to acquire vacant, abandoned and distressed properties as part of their neighborhood.
"NAHB congratulates Julia Gordon on her nomination as FHA commissioner," said NAHB Chairman Chuck Fowke. "Following her confirmation by the U.S. Senate, we look forward to working with Ms. Gordon to address the nation's housing affordability crisis by easing regulatory barriers that are raising housing costs and supporting policies that will increase the production of quality, affordable housing to meet market demand and keep the economy strong."
The FHA provides mortgage insurance on loans made by FHA-approved lenders throughout the United States and its territories. FHA insures mortgages on single-family and multifamily homes. It is the largest insurer of mortgages in the world, insuring more than 46 million properties since its inception in 1934.