Carol Galante, Assistant Secretary for Housing and the Federal Housing Administration (FHA) Commissioner, announced on August 11 that she will be stepping down this fall. In January, Ms. Galante will join the faculty at the University of California, Berkeley as the I. Donald Terner Distinguished Professorship in Affordable Housing and Urban Policy, the Director of the Berkeley Program in Housing and Urban Policy, and co-chair of the Fisher Center on Real Estate Policy Advisory Board. Ms. Galante joined HUD in May 2009 as the Deputy Assistant Secretary for Multifamily Housing Programs. She was confirmed as Assistant Secretary in December 2012.
Prior to her appointment at HUD, Ms. Galante was President and Chief Executive of BRIDGE Housing Corporation, the largest nonprofit developer of affordable, mixed-income, and mixed-use developments in California. Before working at BRIDGE, she was the Executive Director of Eden Housing, Inc. in San Jose, California.
Biniam Gebre, currently the General Deputy Assistant Secretary for HUD’s Office of Housing, will serve as Acting Assistant Secretary and FHA Commissioner.