Obama Names N.Y. Official To Housing Post

New York City's housing commissioner, Shaun Donovan

hide captionBarack Obama tapped New York City's housing commissioner, Shaun Donovan, to lead the Department of Housing and Urban Development.

AP Photo/City of New York

President-elect Barack Obama nominated New York City's housing commissioner to direct the Department of Housing and Urban Development.

If confirmed by the Senate, Shaun Donovan would help deal with the housing market problems that are at the heart of the nation's economic crisis.

During his radio and online address Saturday, Obama said the national foreclosure crisis is a threat for urban areas. As housing commissioner, Donovan managed a $7.5 billion plan to help a half-million New Yorkers get affordable housing. Obama credited the former Clinton aide with keeping foreclosures down among the thousands of low- and moderate-income people who took part in his program.

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