After Presidents Gerald Ford and Jimmy Carter authorized record high budgets for HUD in the 1970s, the election of Ronald Reagan in 1982 led to drastic housing budget cuts.
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In 1973, Clara Fox, executive director of the Settlement Housing Fund, organized developers, lenders, builders, property managers, residents and others interested in affordable housing into a powerful coalition to fight President Richard Nixon’s actions to limit federal housing programs.
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She has served on the boards and as an officer with many national housing and planning organizations, including the boards of the National Housing Conference, the National Leased Housing Association, the National Housing and Rehabilitation Association, the National Council of State Housing Agencies, the Housing & Development Reporter, and the Tax Credit Advisor.