People in the News

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Tax Credit Advisor, August 2009: Several more top officials have been sworn in or confirmed at the U.S. Department of Housing and Urban Development. David Sterns was sworn in on July 15 as Assistant Secretary for Housing and Federal Housing Administration (FHA) Commissioner. Previously, Sterns was president and chief operating officer of Long & Foster Companies. Meanwhile, the U.S. Senate has confirmed the nominations of Mercedes Marquez to be HUD Assistant Secretary for Community Planning and Development, and of Raphael William Bostic to be Assistant Secretary for Policy Development and Research. Mercedes previously was general manager of the City of Los Angeles Housing Department.