BUSH ADMINISTRATION TAPS NATIVE ALABAMIAN FOR SENIOR POST AT HUD
Stillman D. Knight, Jr. Appointed Deputy Assistant Secretary for Multifamily in the Office of Federal Housing Administration

WASHINGTON - U.S. Housing and Urban Development Secretary Mel Martinez today announced Stillman D. Knight, Jr., as HUD's new Deputy Assistant Secretary for Multifamily in the Office of Federal Housing Administration.

"Stillman is a great addition to the Department and he brings a vast experience in multifamily housing industry," said Martinez. "He has a tremendous grasp of the issues and will be a tremendous asset to the Bush Administration's continuing efforts to expand homeownership, create affordable housing opportunities and strengthening communities."

Knight, formerly chairman of the board and chief executive officer of The Knight Company, Inc. has been recognized as the National Council of Multi Housing Industry's Builder-Developer of the Year in 1986 and served as the chairman of this organization in 1989. He was selected by the National Association of Home Builders to be listed in the Top 50 Apartment Developers in 1992 and Top 100 Apartment Developers in 1995. Knight founded the Alabama Apartment Council in 1997 and received the distinguished Pillars of the Industry award in 2001. Knight is a native of Mobile, AL.

Since its inception in 1934, the Federal Housing Administration (FHA) has provided vital public services contributing to the health and well-being of individuals and communities through its nationally administered programs. After being consolidated into HUD's Office of Housing in 1965, the FHA continued its core mission of contributing to the building and maintenance of healthy, prosperous neighborhoods and expanding opportunities for affordable home ownership, rental housing and healthcare.

As Deputy Assistant Secretary for Multifamily, Knight will be responsible for the overall management, development, direction and administration of the Multifamily Housing Programs including: FHA Multifamily Mortgage Insurance, project-based rental subsidy programs, housing for the elderly and persons with disabilities, and community based initiatives.

HUD is the nation's housing agency committed to increasing minority homeownership, creating affordable housing opportunities for low-income Americans, supporting the homeless, elderly, people with disabilities and people living with AIDS. The Department also promotes economic and community development as well as enforces the nation's fair housing laws.

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