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HUD Secretary Marcia Fudge announces retirement

March 12, 2024
in Black Media
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Housing and City Growth (HUD) Secretary Marcia Fudge, a former Congressional Black Caucus Chair and a staunch advocate for the Black Press of America, has introduced that she’s stepping down from her position within the Biden-Harris administration.

The 71-year-old Fudge disclosed that her final day in workplace can be March 22. After many years of public service, she’ll return to her house state of Ohio.

“It’s time to go house,” she advised USA TODAY. “I do imagine strongly that I’ve executed nearly all the pieces I may do at HUD for this administration as we go into this loopy, foolish season of an election.”

Fudge, the second Black lady to guide HUD, has been a key determine in steering the company by way of housing crises triggered by the COVID-19 pandemic. She has additionally pushed for the federal authorities to incorporate the Nationwide Newspaper Publishers Affiliation (NNPA), on behalf of the Black Press of America, in its promoting spend.

“The NNPA salutes and forthrightly acknowledges the management, service, and dedication of the Honorable Marcia L. Fudge because the achieved Secretary of the U.S. Division of Housing and City Growth (HUD),” NNPA President and CEO Dr. Benjamin F. Chavis Jr.  “The Black Press of America expresses our gratitude to Secretary Fudge specifically for serving to tens of 1000’s of underserved Individuals to extend their alternatives to turn out to be owners.”

Fudge’s departure comes amid the intensifying marketing campaign season, with President Joe Biden dealing with off in opposition to the twice-impeached and four-times indicted Republican former President Donald Trump.

“It’s not a crimson or blue subject,” Fudge declared. All people is aware of that it is a matter, so it’s not one-sided. It’s an American subject.”

Regardless of her efforts to boost HUD’s position in supporting households with housing wants, addressing homelessness, and fostering financial growth, Fudge expressed considerations about insufficient funding. She highlighted the necessity for greater than $70 billion to handle the demand for inexpensive housing and restore ageing public housing developments.

President Biden echoed Fudge’s name for bipartisan consideration to inexpensive housing in an announcement: “A good housing market and entry to high quality and inexpensive housing are essential to the achievement of the American dream, and nobody understands that higher than Secretary Marcia L. Fudge,” Biden mentioned.

CBC Chair Steven Horsford (D-Nevada) and members praised Fudge’s management and many years of service.

“Since her affirmation in March of 2021, Secretary Fudge has labored tirelessly to offer entry to secure and inexpensive housing to thousands and thousands of American households, with a specific give attention to racial fairness and addressing the hole in Black homeownership,” the CBC’s assertion learn. “Beneath her management, the company has supported almost 1 / 4 of one million Black individuals in buying a house and has taken important steps to root out racial bias within the house appraisal course of. She leaves her mark on the company as a passionate chief, the primary African American lady to guide the division in many years, and solely the second in our nation’s historical past.”

Biden praised Fudge’s management, her dedication to rebuilding HUD, and her increasing efforts to construct generational wealth by way of homeownership. He expressed gratitude for her contributions and wished her nicely in her subsequent chapter as she transitions from public service to personal life.

“Beneath Marcia’s transformational management, we have now labored laborious to decrease housing prices and improve provide,” Biden asserted. “We’ve proposed the most important funding in inexpensive housing in U.S. historical past. We’ve taken steps to aggressively fight racial discrimination in housing by making certain house value determinations are extra honest and by strengthening packages to redress the unfavorable impacts of redlining. Due to Secretary Fudge, we’ve helped first-time homebuyers, and we’re working to chop the price of renting. And there are extra housing items below development proper now than at any time within the final 50 years.”

For her half, Fudge mentioned she’s merely executed with politics. “Don’t search for me to ever be on one other poll or one other appointee or something like that,” she insisted. “I actually do look ahead to being a non-public citizen.”

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