Washington, DC -- Marcia Fudge has announced that she will step down next Friday as the 18th Secretary of Housing and Urban Development, where she was a champion of policies to promote safe, equitable and affordable housing. Mike Calhoun, president of the Center for Responsible Lending, made the following statement:
During her tenure at HUD, Marcia Fudge fought to ensure that FHA mortgages remained a viable entry point to homeownership for first-time buyers, people of color and individuals with lower incomes. Her efforts reduced costs of mortgage insurance on FHA loans, and ensured that the agency’s work continues to affirmatively further the nation’s and administration’s fair housing goals.
Throughout a career of public service, she has advocated to save consumers money, fight discrimination, and ensure that federal housing agencies and policies address the nation’s housing challenges and serve all Americans. We are grateful for her long history of working for equity and justice for all Americans. We wish her the best as she returns to private life.
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Press Contact: Alfred King alfred.king@responsiblelending.org