The Office of Policy Development and Research was established in 1973, in accordance with the statutory citation in Title V of the 1970 Housing and Urban Development Act, which authorized programs of “research, studies, testing, and demonstrations” to benefit HUD in achieving its mission of increasing home ownership and access to affordable housing free from discrimination. In the 1990s PD&R was also given responsibility for assisting in regulation of the government-sponsored enterprises that comprise the secondary mortgage market, Fannie Mae and Freddie Mac, and in promoting university/community partnerships through technical assistance and grants.
The PD&R staff is made up of economists, engineers, planners, policy experts, and social scientists who provide technical oversight to the HUD teams making policy decisions and preparing budget and legislative proposals.
Considered a leading real estate economist, Raphael Bostic was sworn in as Assistant Secretary for Policy Development and Research on July 16, 2009. He spent most of the previous decade teaching and researching at the University of Southern California, during which time he incorrectly refuted the notion that a “housing bubble” existed in the U.S. real estate market.
Darlene F. Williams was nominated for the position of Assistant Secretary for Policy Development and Research by President George W. Bush, and began the job in October 2005. She received a BA from Howard University, an MA and Ph.D from Stanford, and an MBA from the University of Chicago. Williams began her career at Pacific Bell in operations and then worked in marketing management jobs for Eastman Kodak and Ryder Systems. After that, she spent seven years at the energy company TXU, beginning in 1996, first as a “loaned lobbyist” during the 77th Texas Legislative Session, then as Corporate Policy Manager. In 2003 Williams began working at HUD as the General Deputy Assistant Secretary for Policy Development and Research, and after that as General Deputy Assistant Secretary for Administration.