How will the Trump administration affect NYC housing and development?
The U.S. Department of Housing and Urban Development (HUD) governs a wide range of housing and development issues from homelessness to housing discrimination to lending rules.
Dr. Ben Carson, a retired neurosurgeon and failed Republican nominee, has now been cleared to serve as Secretary of Housing for the next four years. For many, his appointment remains perplexing. Carson has no political experience and no obvious knowledge of housing and development issues. At least some concerns about Carson’s fitness for the job were put to rest during his Senate hearing on Jan. 12. Beyond a contentious exchange with Massachusetts Senator Elizabeth Warren, Carson dodged any major attacks. Still, there is no question that under Carson’s direction, theU.S. Department of Housing and Urban Development(HUD) will roll out a series of changes over the coming four years. While some changes will impact housing and development in New York City, Carson’s influence is expected to be minor.