Bloomberg: New York City After De Blasio: the Candidates Vying for Mayor

Shaun Donovan, 55, is former U.S. housing secretary and former director of the Office of Management and Budget under President Barack Obama. Donovan also headed the city’s housing department under Mayor Michael Bloomberg, who is the founder and majority owner of Bloomberg News parent Bloomberg LP. Donovan has pledged to spend $2 billion a year on programs to repair public housing, create a down payment assistance program for homebuyers, reallocate about $500 million from the NYPD budget to community-based security measures and create 500,000 jobs in four years.

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