Fred Karnas, Director of the Arizona Department of Housing (ADOH) for the past two years, has been named as a Senior Advisor to U.S. Department of Housing and Urban Development (HUD) Secretary Shaun Donovan. Karnas previously served at HUD as a deputy assistant secretary during 1995-2000, and was a senior director at Fannie Mae. In a parting op-ed piece, Karnas urged the Arizona Legislature to preserve Arizona’s State Housing Trust Fund. Budget proposals for 2010 pending in the state legislature would cut the trust fund significantly. read more…