Marie Head was appointed on Tuesday as the Deputy Assistant Secretary in the Office of Multifamily Housing Programs by President Obama and HUD Secretary Shaun Donovan.
Head’s new role effectively makes her responsible for the overall management, development, direction and administration of the Multifamily Housing Programs, a position previously held by Carol Galante, Acting Assistant Secretary for Housing and Federal Housing Administration (FHA) Commissioner.
The new deputy assistant has figured prominently in the housing industry in the past 30 years, spending two decades as part of the HUD team in Atlanta where, among other roles, she served as the production chief of the Atlanta Hub.
Prior to this appointment, Head served as the president of Prudential Huntoon Paige, the FHA lending business of the Prudential Mortgage Capital Company. Prudential Huntoon Paige manages a $7.8 billion FHA multifamily, healthcare and hospital portfolio, and achieved FHA production of $2 billion in 2010, setting a company record.
“I’m thrilled she has agreed to lead the Office of Multifamily Housing at such a dynamic and critical time for our organization, and I know she will be a tremendous asset to our team as we move forward with process improvements to fulfill multifamily market demands,” said Galante in an emailed announcement, dated Nov. 8.
Galante also announced the appointments of Sarah Gerecke as Senior Policy Advisor in the Single Family Office and Frank Vetrano as Senior Advisor in the Office of Risk Management and Regulatory Affairs.
Written by Alyssa Gerace