President Obama on Thursday announced his intent to nominate Carol J. Galante to lead the federal agency that insures mortgages against default.
If confirmed, Galante would take on the role of assistant HUD secretary and commissioner of the ""Federal Housing Administration"":http://www.fha.gov (FHA).
[IMAGE] [COLUMN_BREAK]Galante stepped up as acting FHA commissioner in April, when David Stevens vacated the post to take the head spot at the Mortgage Bankers Association.
Galante has been with HUD since 2009. At that time, President Obama appointed her as deputy assistant secretary for the Office of Multifamily Housing.
Prior to joining the administration, she was president and CEO of BRIDGE Housing, which specializes in building and developing mixed-income affordable housing.
Galante spent nearly 25 years of her career at BRIDGE managing large revitalization and economic development projects in partnership with government, private industry, and other nonprofit organizations.
She has also held key leadership positions as the executive director for Eden Housing, Inc., and in the housing and planning department of the city of Santa Barbara.
Galante holds a bachelor's degree from Ohio Wesleyan University and a master's degree in city and regional planning from the University of California, Berkeley.