New York City Mayor Michael Bloomberg has named Mathew Wambua as the new commissioner of the city’s Department of Housing Preservation and Development (DHPD). Wambua has served in the Bloomberg Administration since 2002. In 2008, he took on the responsibility of Executive Vice President of New York City Housing Development Corporation (HDC), one of the nation’s largest issuers of multi-family affordable housing bonds and a finance arm of HPD. At HDC, Wambua managed several departments, including Administration, Real Estate Lending and Development, Asset Management, Information Technology, Communications, Intergovernmental Relations and Human Resources. He oversaw the underwriting and financing of more than 36,000 affordable housing units and the restructuring and streamlining of HDC’s Asset Management Division. Previously, he served as Senior Policy Advisor in the Mayor’s Office, reporting to Deputy Mayor for Economic Development and Rebuilding Daniel L. Doctoroff, where he oversaw a portfolio of agencies, including HPD, HDC, New York City Economic Development Corporation, New York City Rent Guidelines Board and others. Read More…