The California Housing Finance Agency announced on Friday that former executive director Tia Boatman Patterson will join the White House Management and Budget Office as associate director for housing, treasury and commerce in the new administration.

Boatman Patterson began serving on the CalHFA board in 2012 and was appointed executive director two years later by the then governor. Jerry Brown. According to a statement from CalHFA, Boatman Patterson would continue to lead CalHFA through its most successful period in its 46-year history following his appointment.

During his tenure, Boatman Patterson oversaw CalHFA’s expansion from less than $ 100 million in loans the year before he took office, to nearly $ 5 billion the previous year.

She also set up the CalHFA down payment assistance program, which offers a deferred payment junior loan to first-time homebuyers, and the mixed income program which provides construction financing for projects. of multi-family dwellings for a range of incomes.

Other efforts included a special needs housing program that enabled counties to continue funding housing for people with severe mental illness who were homeless after the state’s housing program on mental health services ended in 2016. .

At CalHFA, Boatman Patterson also worked with Apple to establish a California bond recycling program that allowed Apple to provide a credit facility as well as a $ 2.5 billion pledge to tackle the housing crisis in California.

The former director was reappointed last year by Governor Gavin Newsom, for whom she also served for a year as a senior housing advisor.

“Tia’s tenacity, her leadership ability to build successful collaborative relationships and innovative ideas have made CalHFA a role model for all other housing finance agencies across the country,” said Michael Gunning, Acting Chairman of the Board. administration of CalHFA.

Boatman Patterson’s appointment follows a bold campaign platform Biden adopted to address the housing crisis in the United States.

The President February 2020 housing plan detailed possibilities so that every American has access to affordable, stable, safe and healthy housing that is accessible, energy efficient and resilient and located “near good schools” with a “reasonable commute to work.”

To do so, Biden’s plan would invest $ 640 billion over 10 years, with an affordable housing fund of $ 100 billion to build and upgrade affordable housing. Yet a number of affordable housing groups have expressed some distrust on the effect of the US bailout on affordable housing.

Under the new administration, Biden also brought feedback from CFPB key players, appointed Marcia Fudge like ATH secretary and Jenn Jones as her new chief of staff (then called the organization for address racial equality), announced its intention to release aid in Puerto Rico and extended the moratorium on foreclosures.

there is also that $ 15,000 tax credit proposal the industry always keeps an eye on.

“Our loss is the country’s gain, and I am sure that the Bureau of Management and Budget will benefit greatly from his deep passion and his deep knowledge of housing,” said Lourdes Castro Ramírez, secretary of the Agency for Business, Consumer Services and Housing, which oversees CalHFA.

Newsom has appointed Don Cavier of CalHFA as interim executive director until a permanent replacement is appointed. Cavier has served as the organization’s deputy chief executive under Boatman Patterson since 2015.