Richard K. Green has been appointed senior advisor on housing finance in the Office of Policy Development and Research (PD&R) at the U.S. Department of Housing and Urban Development (HUD).
Green replaces Edward Golding, who served since March as principal deputy assistant secretary for the Office of Housing.
Previously, Green served as director of the University of Southern California's Lusk Center, which seeks to advance real estate knowledge, inform business practices and address timely issues that affect the real estate industry, the urban economy and public policy.
Green, who will serve a one-year appointment in the position, will advise on the creation of a sustainable housing system that provides support during market disruptions, HUD says in a release. He will return to his role as director of the Lusk Center after June 2016.
Within PD&R, he will help set the agenda for housing finance research and play a key role in a range of housing finance projects.
Specifically, Green will help guide HUD's ongoing efforts to ensure continued access to homeownership and multifamily investment opportunities for creditworthy borrowers. He will be a part of PD&R's work with the Federal Housing Administration and participate in cross-agency housing groups, such as the Rental Policy Working Group and others.