MBA Statement on Marcia Fudge as HUD Secretary Nominee
President-Elect Joseph Biden this week nominated Rep. Marcia L. Fudge, D-Ohio, as HUD Secretary.
Fudge has represented Ohio’s 11th Congressional District for the past 12 years; she is former mayor of Warrensville Heights, Ohio, and past Chair of the Congressional Black Caucus.
“Congresswoman Fudge is a longtime champion of affordable housing, urban revitalization, infrastructure investment and other reforms to enhance the safety, prosperity and sustainability of American communities,” Biden said in a statement.
If confirmed, she would be the first woman to lead HUD in more than 40 years and the second Black woman in history to lead the Department.
Mortgage Bankers Association President & CEO Robert Broeksmit, CMB, issued the following statement on Fudge’s nomination:
“On behalf of MBA, I congratulate Rep. Marcia Fudge on being selected to be nominated as the Secretary of HUD. While the housing market has been one of the few economic bright spots during the pandemic, HUD will play a central role in addressing a number of important challenges in the post-pandemic recovery, including how to resolve the mortgage forbearance afforded to more than 800,000 borrowers who have loans insured by FHA. Also, the new administration will tackle the ongoing housing affordability crisis affecting both homeowners and renters. MBA and its members look forward to working with the administration and Rep. Fudge as she builds her team of housing experts who will manage these and other important issues at HUD, FHA and Ginnie Mae.”
Fudge was first elected to her House seat in 2008. She currently serves on the Committee on House Administration, House Committee on Agriculture and House Committee on Education and Labor. She is the Chair of the Committee on House Administration Subcommittee on Elections and Chair of the Committee on Agriculture Subcommittee on Nutrition, Oversight and Department Operations. She serves on the Subcommittees on Conservation and Forestry (Agriculture), Civil Rights and Human Services (Education & Labor) and Health, Employment, Labor and Pensions (Education & Labor).