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HUD Secretary Donovan: $1B for Areas Hit by Foreclosures

Complete Premium video at: http://fora.tv/2010/05/18/Monitor_Breakfast_HUD_Secretary_Shaun_Donovan

To view more highlights from the Monitor Breakfast series, visit rel=”nofollow”>http://www.youtube.com/view_play_list?p=6FD2D6DF3727DF9C

At The Monitor Breakfast, U.S. Housing and Urban Development (HUD) Secretary Shaun Donovan announces that the Obama Administration will work with Congress to find ways to help state and local governments more effectively combat the ongoing effects of the housing crisis and home foreclosures through additional funding for the Department’s Neighborhood Stabilization Program (NSP) and foreclosure prevention counseling. – The Monitor Breakfast

Shaun Donovan is the 15th United States Secretary for Housing and Urban Development.

Secretary Donovan rejoins HUD after his previous service in the Clinton administration as Deputy Assistant Secretary for Multifamily Housing, where he was the primary federal official responsible for privately-owned multifamily housing. At that time, he ran housing programs that helped 1.7 million families access affordable housing. He also served as acting FHA Commissioner during the Clinton/Bush presidential transition.

Secretary Donovan holds a B.A. and Masters degrees in Public Administration and Architecture from Harvard.

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