Apartment Trends Magazine July 2014 | Page 32

APARTMENT ADVOCATE NATIONAL APARTMENT ASSOCIATION Obama Taps Castro to Lead HUD W National Convention – the same role where President Obama himself highlighted his formidable speaking skills in 2004 as a thenIllinois senator before running for president four years later. ashington has been buzzing with news involving the nation’s most powerful housing bureaucrat with President Obama nominating San Antonio Mayor Julian Castro to become HUD secretary. He would replace current HUD Secretary Shaun Donovan who Obama has named Director of the Office of Management and Budget (OMB). Many experts are saying that Donovan will continue to influence federal housing policy in numerous ways as head of OMB. According to numerous reports, part of the reason Castro has been chosen to lead HUD is to help polish his political skills when it comes to “the issues of poverty and to raise his appeal” among the left in preparation for the 2016 presidential race. He is widely considered one of the Democratic Party’s rising stars and has been mentioned frequently as a potential vice presidential running mate for Hillary Clinton. This should come as no surprise given Castro served as the keynote speaker at the Democratic “Shaun Donovan going to OMB is perhaps an opportunity to educate the office on how HUD programs work,” said Denise Muha, Executive Director of the National Leased Housing Association. She provides the often complicated Section 8 rental assistance program as an example. However, unlike Donovan who had hefty housing credentials prior to becoming HUD secretary, critics contend that Castro has no practical experience in housing although he is clearly a rising political star on the national stage. CHAMBERS DIFFER ON VITAL MILITARY HOUSING BENEFIT; HOUSE DEFIES WHITE HOUSE The House has openly defied the Obama Administration’s plans to roll back military compensation by broadly rejecting the Department of Defense (DoD) proposal to slow the growth of the Basic Allowance for Housing (BAH) – a vital military housing benefit – in its defense spending bill for FY 2015. This move by the House is notably different from the Senate’s legislation, which would move forward with changes to the program, limiting increases to below the rate of inflation. A BAH reduction could seriously jeopardize military housing by increasing out-of-pocket costs for service members, and negatively impact housing options and real estate investments serving the military. Ultimately, the House bill deferred consideration of compensation matters until a related comprehensive review is completed in February 2015. NAA/NMHC were successful in 720-389-9625 www.platinumcoatingsllc.com Painting Staining Faux/Mural/ Custom Finishes Stucco Coatings and Repairs Minor Carpentry Full Siding Replacement 30 | TRENDS • JULY 2014 Window Replacement Powerwashing Color Consultation outinely Exceptional R www.aamdhq.org