Dr. Raphael Bostic has been sworn in as the Assistant Secretary for Policy Development and Research at the U.S. Department of Housing and Urban Development. He was confirmed by the U.S. Senate on July 10, 2009.
Most recently Dr. Bostic served as a professor in USC’s School of Policy, Planning, and Development. Dr. Bostic, an expert on housing and homeownership, also extensively studied the roles that credit markets, financing, and policy play in enhancing household access to economic and social amenities.
He was formerly Director of the school’s Master of Real Estate Development degree program and was the founding director of the Casden Real Estate Economics Forecast. Prior to that, he worked at the Federal Reserve Board of Governors, where he was awarded a Special Achievement Award for his performance associated with a review of the CRA. Dr. Bostic previously served at HUD in 2000 as a special assistant for Susan Wachter, HUD’s Deputy Assistant Secretary for Research from 1998 to 2001.
