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April 18, 2008

Congresswoman Velázquez Reacts to Selection of New U.S. Housing and Urban Development Chief

“Trading one troubled agency for another is short-sighted, and it could not come at a worse time for the American people,” said Congresswoman Nydia M. Velázquez, who chairs the House Small Business Committee and is New York City’s senior Member on the Subcommittee on Housing and Community Opportunity. “HUD’s crisis must be resolved without delay. But the fact remains the agency Mr. Preston has been responsible for leading is still plagued by serious problems of its own. Large businesses continue getting small business contracts, SBA’s Katrina disaster relief program is a failure, and morale of the agency’s personnel is one of the lowest in the federal government.”