The Senate Committee on Banking, Housing and Urban Affairs held a confirmation hearing for President Obama’s nominee for HUD Secretary Julián Castro.
Pending Senate confirmation, Castro replaces Shaun Donovan at HUD who will become the Director of the Office of Management and Budget.
In NJ, Ocean City ranked 19th in the country among cities with the highest median rent as a share of median income at 35.9% in 2013.
Secretary Donovan spoke about successful efforts to end homelessness, which have led to a 24 percent reductions in veterans’ homelessness since 2010.
The National Low Income Housing Coalition (NLIHC) announced that HUD Secretary Shaun Donovan will deliver a keynote address at our 2014 conference.