Home / Civilian / San Antonio Mayor Julian Castro Confirmed as HUD Secretary

San Antonio Mayor Julian Castro Confirmed as HUD Secretary

Julian CastroJulian Castro was confirmed by a 71-26 Senate vote Wednesday to succeed Shaun Donovan as secretary of Housing and Urban Development, Reuters reported Wednesday.

Elvina Nawaguna writes that Castro will step down as mayor of San Antonio as soon as the city council can find a successor.

He has implemented housing and downtown revitalization programs in the Texas city and vowed to support housing finance reforms as HUD secretary.

“We will allow more responsible Americans to achieve the dream of home ownership,” he told a press conference.

“Julian has lived the American Dream in his own life, and I’m confident he will help Americans across our country seize their own piece of that dream for themselves and their children,” President Barack Obama said, according to Reuters.

Castro told lawmakers during his nomination hearing last month that he would also aim to help the Federal Housing Administration achieve its goal of staying financially secure while helping low-income borrowers.

Check Also

SEC to Address Financial Technology Concerns, Innovations via New Hub

The Securities and Exchange Commission has opened a hub where it can coordinate with public and private sector entities to address concerns and initiate developments in financial technology.
 

Leave a Reply

Your email address will not be published. Required fields are marked *