August 5, 2014

A new chapter for Magnolia Crossing in Yazoo, Mississippi

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(Left to Right) Dorothy Travis (Resident), Flora Knight (Resident), Marcia Lewis (HUD), Addie Edwards (resident), Jerrie Magruder (HUD)

July 10, 2014 was ground breaking day for the Magnolia Crossing Development renovation project in Yazoo City, MS. As an intern, it was my first day personally seeing the results of the Rental Assistance Demonstration, or “RAD,” program. Before the ceremony, the letters RAD simply meant a program in HUD that I viewed on paper. After the ceremony, I had the privilege of speaking with residents of Magnolia Crossing, the chairperson of the Yazoo City Housing Authority, and the Mayor of Yazoo City. Now the RAD program, created to preserve the nation’s stock of deeply affordable rental housing, means so much more to me. Continue reading

July 17, 2014

Lessons from Lamborghini

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Diaz photo

There are few honors that can compare to serving President Obama under Secretary Donovan. Certainly marrying my beautiful wife tops my list and having three dear children with her make the grade. Serving in the Marine Corps and the Army were fulfilling, and serving the good people of Illinois as CIO and CISO provided great privileges. Yet, being tapped for the role of CIO at HUD is the greatest privilege of my career. Continue reading

July 9, 2014

Colony Village: An Example of HUD-Insured Properties Meeting the Needs of the Market

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“Urban chic meets suburbia” – that’s how Colony Village’s website describes its new apartment complex.  Located in Chesterfield County—a suburb of the Greater Richmond area in Virginia—the housing features luxury amenities including granite countertops, stainless steel appliances and durable hardwood floors.  Additionally, the development includes assets to help residents thrive, ranging from a fitness center to door-to-door trash recycling service. Continue reading

June 25, 2014

Celebrating Homeownership Month in My New Home

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Melanie Blog 1

In 2008 I was sitting in an office building in Chicago when the greatest recession since the Great Depression began unleashing its full force on the American economy. Not only had Lehman Brothers and AIG tanked, but the Great Recession was taking many U.S. financial institutions with it. The housing market had also crashed, leaving many families trapped and anxious about their mortgages. Continue reading