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hud: HUD chief to retire - 04/06/08 08:04 PM
 
Daily Real Estate News  |  March 31, 2008HUD Chief Expected to ResignDespite denying allegations of cronyism and favoritism, observers say HUD Secretary Alphonso Jackson will resign on March 31. The allegations against the housing official take attention away from efforts to curtail losses from the residential property slump and mortgage crisis, according to a letter from Sens. Patty Murray (D-Wash.) and Christopher Dodd (D- Conn.) asking President Bush to call for Jackson's resignation. Jackson has come under fire in recent weeks for questions surrounding contracts and grants involving contractors who donate money only to Democratic candidates. Jackson has also faced questions about the … (0 comments)

 

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