Mercedes Marquez
Upon Ms. Márquez’s return to Los Angeles from Washington, D.C. in June 2012, she served concurrently as Deputy Mayor for Mayor Antonio Villaraigosa and General Manager of the Los Angeles Housing Department (LAHD). Worked directly with LAHD, the Housing Authority of the City of Los Angeles (HACLA), Los Angeles Homeless Services Authority (LAHSA), and Community Development Department (CDD). Charged with directing the vertical integration of housing with transit, neighborhood development, and economic development and served on the LA Mayor’s Transit Corridors Cabinet.
Negotiated the renewal of a New Generation Fund for Los Angeles, a predevelopment and loan acquisition fund, secured a separate regional apportionment of state and federal housing tax credits for the City of Los Angeles, and directed negotiations on behalf of the City of LA with the California Department of Finance relative to the transfer of housing assets from the former redevelopment agency to the Los Angeles Housing Department.
Re-designed the national Consolidated Plan, the process through which over 1,200 states and local governments assess their affordable housing and community development needs and market conditions, identify housing and community development priorities, and make data- driven, place-based investment decisions.
Successfully negotiated a conciliation agreement with the State of Texas to shift over $300 million in funding to areas of highest need, and an agreement with the State of Mississippi to develop the Neighborhood Home Program with $132 million to assist low-income people with unmet housing needs following Hurricane Katrina.
While Assistant Secretary, served on President Obama’s Puerto Rico Task Force, was HUD’s representative to the Board of the Community Development Financial Institutions (CDFI) at the Treasury Department and was the federal representative to the Board of Living Cities.
Provided leadership in the development of and increased funding for the Affordable Housing Trust Fund, the creation of the City’s first Moderate Income Home Buyer Program, and the launching of the Permanent Supportive Housing Program to finance housing for the homeless. Led the effort to establish two land acquisition loan funds for affordable housing in Los Angeles; the first-in-the-nation $30 million Supportive Housing Fund, and the $100 million New Generation Fund. Together, these funds facilitated the development of 1,500 units of permanent supportive housing and approximately 8,000 units of affordable rental and for-sale housing respectively.
Led the design, development and implementation of a comprehensive program to address foreclosures in Los Angeles and the City’s Neighborhood Stabilization Program. In 2010, the City of Los Angeles was awarded $100 million, the highest competitive grant made to a municipality through the Neighborhood Stabilization Program II (NSP II) funds from the U.S. Department of Housing & Urban Development (HUD).
Negotiated the renewal of a New Generation Fund for Los Angeles, a predevelopment and loan acquisition fund, secured a separate regional apportionment of state and federal housing tax credits for the City of Los Angeles, and directed negotiations on behalf of the City of LA with the California Department of Finance relative to the transfer of housing assets from the former redevelopment agency to the Los Angeles Housing Department.
- Assistant Secretary for Community Planning and Development, U.S. Department of Housing and Urban Development (HUD
Re-designed the national Consolidated Plan, the process through which over 1,200 states and local governments assess their affordable housing and community development needs and market conditions, identify housing and community development priorities, and make data- driven, place-based investment decisions.
Successfully negotiated a conciliation agreement with the State of Texas to shift over $300 million in funding to areas of highest need, and an agreement with the State of Mississippi to develop the Neighborhood Home Program with $132 million to assist low-income people with unmet housing needs following Hurricane Katrina.
While Assistant Secretary, served on President Obama’s Puerto Rico Task Force, was HUD’s representative to the Board of the Community Development Financial Institutions (CDFI) at the Treasury Department and was the federal representative to the Board of Living Cities.
- General Manager, City of Los Angeles Housing Department (LAHD), Los Angeles, California
Provided leadership in the development of and increased funding for the Affordable Housing Trust Fund, the creation of the City’s first Moderate Income Home Buyer Program, and the launching of the Permanent Supportive Housing Program to finance housing for the homeless. Led the effort to establish two land acquisition loan funds for affordable housing in Los Angeles; the first-in-the-nation $30 million Supportive Housing Fund, and the $100 million New Generation Fund. Together, these funds facilitated the development of 1,500 units of permanent supportive housing and approximately 8,000 units of affordable rental and for-sale housing respectively.
Led the design, development and implementation of a comprehensive program to address foreclosures in Los Angeles and the City’s Neighborhood Stabilization Program. In 2010, the City of Los Angeles was awarded $100 million, the highest competitive grant made to a municipality through the Neighborhood Stabilization Program II (NSP II) funds from the U.S. Department of Housing & Urban Development (HUD).
- Vice President, McCormack Baron Salazar, Inc., Los Angeles, California
- Senior Counsel to the Secretary; Deputy General Counsel for Civil Rights and Fair Housing, Presidential Appointee, Clinton Administration, United States Department of Housing and Urban Development, Washington, D.C.
- Partner, Litt & Marquez, Los Angeles, California