HUD: 2019 Year in Review

Investor Update
January 2, 2020

Source: HUD

WASHINGTON – The U.S. Department of Housing and Urban Development (HUD) today released its 2019 Year in Review outlining the major accomplishments of the agency under Secretary Ben Carson.

“The Trump Administration continues to deliver on its promise to create greater economic opportunity for low-income families and revitalize underserved communities,” said, Secretary Carson. “HUD is committed to doing its part to help families get on the path to self-sufficiency and I look forward to working with President Trump to continue building on these successes in the new year.”

HUD’s achievements in 2019 include:

Advancing Economic Opportunity

•  Served over 990,000 single-family homebuyers through HUD’s Federal Housing Administration (FHA)-insured mortgage programs.

•  Oversaw the production or preservation of over 2.6 million insured and assisted multifamily rental units and provided over $4.3 billion in insurance for hospitals and residential care facilities.

•  Continuing to Implement the Expansion of the Moving to Work Demonstration Program from 39 to 139 agencies.

•  Distributed the one-millionth book to low-income children through the Book Rich Environments Initiative.

•  Nearly doubled the number of EnVision Centers across the nation.

Protecting Taxpayers

•  Achieved a 4.84 percent FHA Capital Reserve Ratio, the strongest ratio since 2007.

•  Began development work on a state-of-the-art technology infrastructure for FHA insurance programs, which will replace some technology that is more than 30 years old.

•  Saved $2.7 million by lowering agency costs for shared services.

•  Began implementing a new oversight process for Community Development Block Grant-Disaster Recovery (CDBG-DR) funds for Puerto Rico and the U.S. Virgin Islands.

Reducing Regulatory Barriers

•  Removed over 600 pieces of outdated or unnecessary subregulatory guidance documents from external websites.

•  Signed a landmark agreement with the Department of Justice on the appropriate use of the False Claims Act with FHA Single Family lenders.

•  Collaborated across the Executive Branch to establish the White House Council on Eliminating Regulatory Barriers to Affordable Housing, covering eight federal agencies, led by Secretary Ben Carson.

•  Developed a portal enabling Tribally Designated Housing Entities (TDHEs) to submit Tribal HUD-VASH data electronically for the first time in HUD’s history, improving and streamlining this grant process.

Helping Disaster Victims Recover

•  Made more than $7.5 billion of funding available to 15 states, local governments, and territories.

•  Expanded the use of the Disaster Standalone Partial Claim to assist victims of disasters in all Presidentially declared Major Disaster Areas by helping homeowners stay current on their mortgage payments, which reduces the number of foreclosures and subsequent claims paid by the FHA.

Reducing Homelessness Among Extremely Vulnerable Populations

•  Launched the Foster Youth to Independence (FYI) Initiative to provide youth exiting foster programs who are at risk for homelessness with Housing Choice Vouchers. In the eight months since the start of the initiative, 166 youths have received vouchers.

•  Announced approximately 5,000 new HUD-VASH vouchers to help homeless veterans and their families find and sustain permanent housing.

•  Awarded more than $2.45 billion to help end homelessness.

Providing Safe & Fair Housing

•  Registered more than 1,500 properties to test HUD’s new inspection pilot program, the National Standards for the Physical Inspection of Real Estate (NSPIRE) demonstration.

•  Expanded Safety and Security grants to include carbon monoxide detectors.

•  Provided $28 million to address lead-based paint hazards in public housing.

•  Negotiated the largest disability compliance settlement of its kind which put motion a plan to produce over 4,600 fully accessible homes for persons with disabilities in Los Angeles.

•  Reached a major agreement with the City of New York and the New York City Housing Authority (NYCHA) that requires supervision of a Federal Monitor and obligates New York City to provide $1.2 billion in new capital funding over the next five years.

•  Undertook a Secretary-initiated Fair Housing Act complaint against Facebook, to ensure housing-related ads on Facebook’s platforms comply with the law.

Spurring Reinvestment in Communities

•  Preserved and renovated over 17,000 public housing units in FY2019 through the Rental Assistance Demonstration (RAD) program and expanded the program to include housing for very-low income elderly persons.

•  Invested $3.4 billion in CDBG funds in our nation’s communities and insular areas, creating 19,933 jobs.

•  Announced funding for 1,200 affordable housing units on Indian reservations and in other Indian areas.

•  Implemented program incentives for lenders intending to build or refinance multifamily properties, hospitals, and residential care facilities located in Opportunity Zones.

•  Established new program incentives to facilitate purchases and rehabilitation of single-family primary residences located in Opportunity Zones.

Read more of HUD’s 2019 accomplishments here and learn more about many of the individuals and families who have been impacted by HUD’s programs and services at



Alan Jaffa

Alan Jaffa is the chief executive officer for Safeguard, steering the company as the mortgage field services industry leader. He also serves on the board of advisors for SCG Partners, a middle-market private equity fund focused on diversifying and expanding Safeguard Properties’ business model into complimentary markets.

Alan joined Safeguard in 1995, learning the business from the ground up. He was promoted to chief operating officer in 2002, and was named CEO in May 2010. His hands-on experience has given him unique insights as a leader to innovate, improve and strengthen Safeguard’s processes to assure that the company adheres to the highest standards of quality and customer service.

Under Alan’s leadership, Safeguard has grown significantly with strategies that have included new and expanded services, technology investments that deliver higher quality and greater efficiency to clients, and strategic acquisitions. He takes a team approach to process improvement, involving staff at all levels of the organization to address issues, brainstorm solutions, and identify new and better ways to serve clients.

In 2008, Alan was recognized by Crain’s Cleveland Business in its annual “40-Under-40” profile of young leaders. He also was named a NEO Ernst & Young Entrepreneur of the Year® finalist in 2013.


Chief Operating Officer

Michael Greenbaum

Michael Greenbaum is the chief operating officer for Safeguard. Mike has been instrumental in aligning operations to become more efficient, effective, and compliant with our ever-changing industry requirements. Mike has a proven track record of excellence, partnership and collaboration at Safeguard. Under Mike’s leadership, all operational departments of Safeguard have reviewed, updated and enhanced their business processes to maximize efficiency and improve quality control.

Mike joined Safeguard in July 2010 as vice president of REO and has continued to take on additional duties and responsibilities within the organization, including the role of vice president of operations in 2013 and then COO in 2015.

Mike built his business career in supply-chain management, operations, finance and marketing. He has held senior management and executive positions with Erico, a manufacturing company in Solon, Ohio; Accel, Inc., a packaging company in Lewis Center, Ohio; and McMaster-Carr, an industrial supply company in Aurora, Ohio.

Before entering the business world, Mike served in the U.S. Army, Ordinance Branch, and specialized in supply chain management. He is a distinguished graduate of West Point (U.S. Military Academy), where he majored in quantitative economics.



George Mehok

George Mehok is the chief information officer for Safeguard. He is responsible for all strategic technology decisions, new systems deployments and data center operations supporting a national network of more than 10,000 mobile workers.

George has more than 20 years of leadership experience dedicated to high-growth companies in the mobile telecommunications and financial services industries, spanning startups to global industry leaders.

George played a senior role in the formation of Verizon Wireless, leading the IT product development and strategic planning team. He led the integration planning for the Verizon merger including: GTE, Vodafone-AirTouch, Bell Atlantic Mobile and PrimeCo.

As chief information officer at Revol Wireless, a VC-backed CDMA wireless communications network operator, George’s team implemented an integrated technology infrastructure and award-winning business intelligence platform.

George holds a bachelor’s degree in political science and economics from Eastern Michigan University and an M.B.A. from The Ohio State University. He is a board member of Akron University’s School of Business Center for Information Technology, in addition to an advisory board member for OHTec.

In 2013, George won the Crain’s Cleveland Business CIO of the Year award for his team’s work in completing a major acquisition and technology transformation at Safeguard. In 2015, George’s team was recognized by InformationWeek’s annual Elite 100 ranking of the most innovative U.S.-based users of business technology. The mobile inspection technology developed at Safeguard was selected as InformationWeek’s “One of the top 20 ideas to steal in 2015”.


General Counsel and Executive Vice President

Linda Erkkila, Esq.

Linda Erkkila is the general counsel and executive vice president for Safeguard, with oversight responsibilities for the legal, human resources, training, compliance and audit departments. Linda’s broad scope of oversight covers regulatory issues that impact Safeguard’s operations, pro-active risk mitigation, enterprise strategic planning, human capital and training initiatives, compliance and audit services, litigation and claims management, and counsel related to mergers, acquisition and joint ventures.

Linda’s oversight of the legal department along with multiple compliance and human capital focused departments assures that Safeguard’s strategic initiatives align with its resources, leverage opportunities across the company, and contemplate compliance mandates. Her practice spans almost 20 years, and Linda’s experience, both as outside and in-house counsel, covers a wide range of corporate matters, including regulatory disclosure, corporate governance compliance, risk assessment, executive compensation, litigation management, and merger and acquisition activity. Her experience at a former Fortune 500 financial institution during the subprime crisis helped develop Linda’s pro-active approach to change management during periods of heightened regulatory scrutiny.

Linda previously served as vice president and attorney for National City Corporation, as securities and corporate governance counsel for Agilysys Inc., and as an associate at Thompson Hine LLP. She earned her JD at Cleveland-Marshall College of Law. Linda holds a degree in economics from Miami University and an MBA. In 2017, Linda was named as both a “Woman of Influence” by HousingWire and as a “Leading Lady” by MReport.


Chief Financial Officer

Joe Iafigliola

Joe Iafigliola is the Chief Financial Officer for Safeguard. Joe is responsible for the Control, Quality Assurance, Business Development, Accounting & Information Security departments, and is a Managing Director of SCG Partners, a middle-market private equity fund focused on diversifying and expanding Safeguard Properties’ business model into complimentary markets.

Joe has been in a wide variety of roles in finance, supply chain management, information systems development, and sales and marketing. His career includes senior positions with McMaster-Carr Supply Company, Newell/Rubbermaid, and Procter and Gamble.

Joe has an MBA from The Weatherhead School of Management at Case Western Reserve University, is a Certified Management Accountant (CMA), and holds a bachelor’s degree from The Ohio State University’s Honors Accounting program.


AVP, Operations

Jennifer Jozity

Jennifer Jozity is the assistant vice president of operations, overseeing inspections, REO and property preservation for Safeguard. Jen ensures quality work is performed in the field and internally, to meet and exceed our clients’ expectations. Jen has demonstrated the ability to deliver consistent results in order audit and order management.  She will build upon these strengths in order to deliver this level of excellence in both REO and property preservation operations.

Jen joined Safeguard in 1997 and was promoted to director of inspections operations in 2009 and assistant vice president of inspections operations in 2012.

She graduated from Cleveland State University with a degree in business.


AVP, Finance

Jennifer Anspach

Jennifer Anspach is the assistant vice president of finance for Safeguard. She is responsible for the company’s national workforce of approximately 1,000 employees. She manages recruitment strategies, employee relations, training, personnel policies, retention, payroll and benefits programs. Additionally, Jennifer has oversight of the accounts receivable and loss functions formerly within the accounting department.

Jennifer joined the company in April 2009 as a manager of accounting and finance and a year later was promoted to director. She was named AVP of human capital in 2014. Prior to joining Safeguard, she held several management positions at OfficeMax and InkStop in both operations and finance.

Jennifer is a graduate of Youngstown State University. She was named a Crain’s Cleveland Business Archer Award finalist for HR Executive of the Year in 2017.


AVP, Application Architecture

Rick Moran

Rick Moran is the assistant vice president of application architecture for Safeguard. Rick is responsible for evolving the Safeguard IT systems. He leads the design of Safeguard’s enterprise application architecture. This includes Safeguard’s real-time integration with other systems, vendors and clients; the future upgrade roadmap for systems; and standards designed to meet availability, security, performance and goals.

Rick has been with Safeguard since 2011. During that time, he has led the system upgrades necessary to support Safeguard’s growth. In addition, Rick’s team has designed and implemented several innovative systems.

Prior to joining Safeguard, Rick was director of enterprise architecture at Revol Wireless, a privately held CDMA Wireless provider in Ohio and Indiana, and operated his own consulting firm providing services to the manufacturing, telecommunications, and energy sectors.


AVP, Technology Infrastructure and Cloud Services

Steve Machovina

Steve Machovina is the assistant vice president of technology infrastructure and cloud services for Safeguard. He is responsible for the overall management and design of Safeguard’s hybrid cloud infrastructure. He manages all technology engineering staff who support data centers, telecommunications, network, servers, storage, service monitoring, and disaster recovery.

Steve joined Safeguard in November 2013 as director of information technology operations.

Prior to joining Safeguard, Steve was vice president of information technology at Revol Wireless, a privately held wireless provider in Ohio and Indiana. He also held management positions with Northcoast PCS and Corecomm Communications, and spent nine years as a Coast Guard officer and pilot.

Steve holds a BBA in management information systems from Kent State University in Ohio and an MBA from Wayne State University in Michigan.


AVP, Business Development

Tim Rath

Tim Rath is the AVP of business development for Safeguard. He is responsible for developing innovative growth strategies for Safeguard and developing and overseeing potential partnerships, mergers and acquisitions.

Tim joined Safeguard in 2011 as project director and has filled numerous roles within Vendor Management, most recently serving as director of vendor management, a role he assumed in 2011.

Prior to Safeguard, Tim worked as director of supply chain at PartsSource Inc. in Aurora, Ohio, a provider of medical replacement parts, procurement solutions and healthcare supply chain management technology services. He also has held sales positions with Rexel, ComDoc, and Pier Associates, all based in Ohio.

Tim holds a degree in marketing and sales from The University of Akron in Akron, Ohio. He also earned his FAA Certified Commercial UAS (Drone) Pilot license in 2017.


Assistant Vice president of Application Development

Steve Goberish

Steve Goberish, is the assistant vice president of application development for Safeguard. He is responsible for the maintenance and evolution of Safeguard’s vendor systems ensuring high-availability, security and scalability while advancing the vendor products’ capabilities and enhancing the vendor experience.

Prior to joining Safeguard, Steve was a senior technical architect and development manager at First American Title Insurance, a publicly held title insurance provider based in southern California, in addition to managing and developing applications in multiple sectors from insurance to VOIP.

Steve has a bachelor’s degree from Kent State University in Ohio.