US President-elect Donald Trump has named Ben Carson as his Secretary of Housing and Urban Development.
Mr. Carson, who was Trump’s former rival for the Republican presidential nomination, before pulling out of the race, later endorsed Mr. Trump. His appointment marks the first African-American to be in Mr. Trump’s gradually forming cabinet.
“Realtors know that the incoming Secretary of Housing and Urban Development has a big job ahead. Potential homebuyers face a range of hurdles, from rising prices to mortgage credit that’s burdened by fees and extra costs,” commented NAR President William E. Brown.
“We congratulate Dr. Carson on accepting this important challenge and wish him the very best of luck in meeting the task ahead. While we’ve made great strides in recent years, far more can be done to put the dream of homeownership in reach for more Americans. The National Association of Realtors and its 1.2 million members looks forward to working with Dr. Carson to fulfill this important mission.”
Ed Brady, chairman of the National Association of Home Builders (NAHB) and a home builder and developer from Bloomington, Illinois, added: “He is a thoughtful leader who is sure to assemble a professional team of policy experts and be a great spokesperson for housing. Upon his confirmation to the Cabinet post, NAHB looks forward to working with Dr. Carson to promote pro-housing policies that support homeownership, provide rental housing opportunities for low- and middle-income households, and remove regulatory barriers that are needlessly raising housing costs for hard-working American families.”
Some critics have voiced concerns that Carson’s experience as a neurosurgeon has little relevance to his new post, but he grew up poor in Detroit, which his supported praise for making him able to relate to people from all backgrounds.
David H. Stevens, CMB, President & CEO Mortgage Bankers Association, commented: “Housing is one of the largest contributors to the health and success of the overall economy, and as such we must continue to recognize its significance. MBA looks forward to working with Dr. Carson in helping to build out a well-rounded team of housing experts, with a deep technical understanding of the issues, at HUD, FHA and Ginnie Mae.”Google+