The Senate confirmed Nani Coloretti to serve as the deputy secretary of the U.S. Department of Housing and Urban Development (HUD).
Coloretti was the acting chief operating officer of the Consumer Financial Protection Bureau when it opened in 2010. She moved to the Treasury Department from there, serving as assistant secretary, and President Obama appointed her as a member of the Government Accountability and Transparency Board in 2012.
“Nani is a proven executive who has excelled at making government more efficient at the municipal and federal levels,” HUD Secretary Julian Castro said in a news release. “Her breadth of experience and track record at the Treasury Department make her the ideal choice for a mission-oriented agency like HUD.”
Coloretti will manage the HUD’s day-to-day operations, including a $45 billion annual budget and approximately 8,500 employees.
“I’m immensely grateful for the trust that President Obama and Secretary Castro are placing in me to help lead HUD at this critical time,” Coloretti said in the release. “This department is undergoing significant change as it works to support our nation’s housing recovery and improve the way it serves communities all across this country. I’m looking forward to working with the department’s outstanding employees and continue a data-driven approach to help make HUD’s operations run as efficiently as possible.”
Before working in Washington, Coloretti served as a policy advisor and budget director in San Francisco, where she led the development and implementation of the city’s $6.2 billion annual budget. Coloretti also spent six years in San Francisco as the policy and budget director at an agency that worked to improve the lives of children, youth and families by investing in cross-cutting, evidence-based initiatives.
She is a recipient of the UC Berkeley Goldman School Award for Policy Innovation, the National Public Service Award, and the Fed 100 award.