Obama taps USC professor for HUD

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President Obama has nominated USC faculty member Raphael Bostic to be assistant secretary for policy development and research in the Department of Housing and Urban Development. Bostic is a professor in the university’s School of Policy, Planning and Development. He was director of USC’s master’s program in real estate development and is considered an expert on housing, mortgage markets, discrimination, market forecasting, urban economics and real estate regulations.

‘We are pleased that the administration has reached out to tap a member of our highly respected real estate and urban economics faculty and delighted to tell you that Dr. Bostic has assured us of his return to campus following his two-year post at HUD,’ the university said Monday.

-- Roger Vincent