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Housing industry calls on Senate to confirm Brian Montgomery as FHA commissioner

Trade groups, companies, law firms, fair housing advocates join together

It’s been nearly three months since the Senate Banking, Housing, and Urban Affairs Committee approved Brian Montgomery’s nomination to lead the Federal Housing Administration, but Montgomery’s name has not yet been put before the full Senate for a vote.

That wait is more than enough for a consortium of housing industry power players.

Late last week, a number of trade groups, private companies, law firms, fair housing advocates, and others, joined together to call on the Senate to bring Montgomery’s nomination to a vote.

The letter, which was sent to the leaders of each party in the Senate, Sens. Mitch McConnell, R-Kentucky, and Chuck Schumer, D-New York, is signed by Habitat for Humanity, MERSCORP, the Mortgage Bankers Association, Ballard Spahr, the National Association of Realtors, the National Association of Home Builders, the National Housing Conference, and more.

In total, the letter is signed by 44 organizations.

“The undersigned organizations represent a broad spectrum of the housing and community development industry and advocacy groups,” the groups write.

“We are writing to express our enthusiastic support for the nomination of Brian D. Montgomery as the Department of Housing and Urban Development’s assistant secretary for housing and Federal Housing Administration commissioner,” the letter continues. “We respectfully urge you to move his confirmation forward at the soonest opportunity.”

Many of these same groups have expressed support for Montgomery throughout the nomination process.

If approved by the Senate, Montgomery would take over for acting FHA commissioner Edward Golding.

It would mark Montgomery’s second term as FHA commissioner. He previously held the job under former President George W. Bush, staying on for six months after former President Barack Obama’s inauguration. 

In addition to previously serving in the position of assistant secretary for Housing and FHA commissioner at the Department of Housing and Urban Development, Montgomery also held a handful of other top positions throughout the government and housing industry, including co-founder and partner at the Collingwood Group, deputy assistant to the president and cabinet secretary, board member on the Federal Housing Finance Board, the Housing and Economic Recovery Act of 2008 Oversight Board, and NeighborWorks America Board.

In the letter, the groups cite Montgomery’s background as a reason that he should be confirmed quickly.

“Montgomery is highly qualified for this important position that is critical to HUD’s mission, and there is broad consensus in the housing community that he is the right candidate to lead FHA,” the groups write.

The groups also note that Montgomery has previous experience in dealing with recovery from natural disasters that could prove helpful moving forward.

“Montgomery will provide that leadership and brings valuable practical experience to the position, having previously served at HUD as FHA commissioner from 2005 to 2009, under both the George W. Bush and Obama administrations,” the groups write.

“During that period, he realized the immense counter-cyclical benefits that FHA can provide in the middle of the housing crisis. He also led HUD’s response to Hurricane Katrina and chaired the Hurricane Recovery and Response Center at HUD headquarters,” the letter continues. “This experience will be very helpful in the continuing efforts to address the 2017 disasters in Texas, Florida, Puerto Rico and the U.S. Virgin Islands.”

The groups conclude by again calling on the Senate to vote on Montgomery’s nomination.

“In the spirit of recent bipartisan efforts in Congress, we request that you support Montgomery’s confirmation to provide effective leadership to FHA and move his nomination to the full Senate for a vote,” the letter concludes.

The letter is signed by the following organizations:

Atlanta Neighborhood Development Partnership

Ballard Spahr

California Housing Partnership

CohnReznick

Council of Federal Home Loan Banks

Enterprise Community Partners

Funding Incorporated

Grounded Solutions Network

Habitat for Humanity

Home Builders Institute

Housing Initiative Partnership

Housing on Merit

Housing Partnership Network

Leon N. Weiner & Associates

Local Initiatives Support Corporation

Low Income Investment Fund

Make Room

Manufactured Housing Institute

MERSCORP Holdings

Minnesota Housing Finance Agency

Mortgage Bankers Association

National Affordable Housing Management Association

National Alliance to End Homelessness

National Association of Affordable Housing Lenders

National Association of Home Builders

National Association of Realtors

National Community Stabilization Trust

National Council of State Housing Agencies

National Housing Conference

National Housing & Rehabilitation Association

National Housing Trust

National Leased Housing Association

National Reverse Mortgage Lenders Association

New York Housing Conference

Preservation of Affordable Housing

Public Housing Authorities Directors Association

Rebuilding Together

Riverside Advisors

RW & Associates

SKA Marin

Specialty Mortgage Product Solutions

Stewards of Affordable Housing for the Future

Ted Chandler, AFL-CIO Housing Investment Trust

The Realty Alliance

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