President Joe Biden will nominate Julia Gordon to be commissioner of the Federal Housing Administration (FHA), announced the White House.
Gordon is president of the National Community Stabilization Trust, a nonprofit that “works to restore vacant and abandoned properties to product use and protect neighborhoods from blight.”
She has also served as the senior director of housing and consumer finance at the Center for American Progress and managed the single-family policy team at the Federal Housing Finance Agency.
“Julia Gordon is the right person at the right time to lead the Federal Housing Administration,” said David Dworkin, president and CEO of the National Housing Conference. “She is respected across the broad spectrum of stakeholders in the public, private, and non-private sectors of housing and housing finance. Throughout her remarkable career, she has demonstrated the utmost commitment to housing and homeownership in America.”
She has a “practical understanding of what communities need, how the mortgage business works, and why progressive housing policies must always be part of our nation’s economic strength and stability,” according to Dworkin.
If confirmed by the Senate, Gordon would be the latest addition to President Biden’s housing team, which is led by Department of Housing and Urban Development (HUD) secretary Marcia Fudge, a former Congressmember from Ohio. Adrianne Todman was recently confirmed as HUD deputy secretary after serving as CEO of the National Association of Housing and Redevelopment Officials.
Leaders at the Mortgage Bankers Association (MBA) also applauded Gordon’s nomination, citing her previous experience.
"We look forward to continuing to work with her, secretary Marcia Fudge, and others at HUD and in the administration to ensure a strong FHA program that provides affordable housing opportunities, both rental and owned, for all Americans, while also protecting taxpayers,” said Bob Broeksmit, MBA president and CEO. “We also look forward to working with the agency to finish the much-needed work to improve efficiency, instill certainty, and bring more lenders back to the FHA program."
