Senate Confirms Donovan’s Nomination to Head OMB
The Senate yesterday confirmed former HUD Secretary Shaun Donovan’s nomination to be the new Director of the Office of Management and Budget (OMB) by a vote of 75-22. Donovan is filling the vacancy left by former Director Sylvia Mathews Burwell, who is now the Secretary for the Department of Health and Human Services (HHS).
Donovan has served as HUD secretary since the beginning of the Obama Administration. While Secretary, Donovan has participated in several NCSHA meetings and worked closely with NCSHA on a number of key initiatives, including the New Issue Bond Program, HUD’s performance-based contract administration (PBCA) initiative, tax reform, ensuring HFAs could continue to provide down payment assistance in conjunction with FHA-insured loans, housing finance reform, HUD’s FHA-HFA Multifamily Loan Risk-Sharing Program, making FHA insurance work better for Housing Credit deals, the Section 811 Project Rental Assistance program, disaster recovery, and HUD’s annual budget and appropriations process.
We will miss Shaun’s strong leadership and sensitive understanding of HFAs at HUD and wish him well in this new phase of his career.