The U.S. Department of Housing and Urban Development appears to have found a replacement for former HUD Senior Advisor Edward Golding, who recently took over as head of the Federal Housing Administration.
Richard Green, who currently serves as the director of theUniversity of Southern California Lusk Center for Real Estate, will take over for Golding as HUD senior advisor on July 1.
“After dedicating my career to the study of housing economics and providing research and information intended to guide our country’s housing policy, it’s an honor to be invited to the front lines of our nation’s effort to provide safe, affordable housing to all,” Green said in a release provided by the Lusk Center.
Golding, a former Freddie Mac executive, took over as the leader of HUD from acting commissioner Biniam Gebre.
Green, who served as principal economist and director of financial strategy and policy analysis at Freddie Mac earlier in his career, will serve a one-year term in the role of senior advisor.
In his role at HUD, Green will advise on HUD’s top strategic objectives, including the creation of a sustainable housing system that provides support during market disruptions.
Green will also work with HUD’s Office of Policy Development and Research, where he will help set the agenda for housing finance research and play a key role in a range of housing finance projects.