NAAHL President and CEO Sarah Brundage Statement on the Retirement and Resignation of HUD Secretary Marcia L. Fudge

Marcia L. Fudge assumed her role as Secretary to the U.S. Department of Housing and Urban Development in a time when the agency needed rebuilding and the nation needed a strong voice on our country’s growing housing needs. Secretary Fudge led the way and did so boldly – bringing a strong vision on how to boost housing supply, address homelessness, and boost generational wealth through homeownership. It was an honor to serve Madam Secretary in my time at HUD and I, along with the American people, will forever be grateful for her inspirational career of public service and her relentless passion and wisdom to not just have an impact in Washington, but to truly help Americans in all types of communities nationwide.

Secretary Fudge will leave a legacy of a HUD that cares about every resident, every community member, and she will especially be remembered for uplifting HUD as an essential part of how we help Americans build wealth through homeownership.

I have full confidence in Deputy Secretary Adrianne Todman’s leadership when she serves as Acting Secretary, and that the many leaders at HUD including FHA Commissioner Julia Gordon will ensure a smooth transition.

National Association of Affordable Housing Lenders

NAAHL is the only national alliance of banks, CDFIs, and other capital providers dedicated to expanding economic opportunity by financing affordable housing and neighborhood revitalization. NAAHL has worked to advance responsible community reinvestment, fight predatory lending, and strengthen public-private partnerships.

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HUD Secretary Fudge Announces Retirement

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