Director, Bedrosian Center
Judith and John Bedrosian Chair in Governance and the Public Enterprise
Urban development, urban economics, governance
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Los Angeles, CA 90089-0626
Dr. Raphael Bostic is the Judith and John Bedrosian Chair in Governance and the Public Enterprise and Director of the Bedrosian Center on Governance at the Sol Price School of Public Policy at the University of Southern California.
Dr. Bostic served for 3 years in the Obama Administration as the Assistant Secretary for Policy Development and Research at the U.S. Department of Housing and Urban Development. In that Senate-confirmed position, Dr. Bostic was a principal advisor to the Secretary on policy and research, with the goal of helping the Secretary, and other principal staff, make informed decisions on HUD policies and programs, as well as budget and legislative proposal. Bostic led an interdisciplinary team of 150 which had expertise in all policy areas of importance to the department, including housing, housing finance, rental assistance, community development, economic development, sustainability, and homelessness, among others. During his tenure and with his leadership, PD&R funded more than $150M in new research, became an important advisory voice on departmental budget and prioritization decisions, and reestablished its position as a thought leader on policies associated with housing and urban development.
Dr. Bostic arrived at USC in 2001, where he served as a professor in the University of Southern California’s School of Policy, Planning, and Development. His work spans many fields including home ownership, housing finance, neighborhood change, and the role of institutions in shaping policy effectiveness. A particular emphasis has been on how the private, public, and non-profit sectors interact to influence household access to economic and social amenities. His work has appeared in the leading economic, public policy, and planning journals. He was Director of USC’s Master of Real Estate Development degree program and was the founding director of the Casden Real Estate Economics Forecast. Prior to that, he worked at the Federal Reserve Board of Governors, where his work on the Community Reinvestment Act earned him a Special Achievement Award.
In an earlier stint at HUD, Dr. Bostic served as a special assistant to Susan Wachter when she served as the Assistant Secretary for PD&R. He earned his Ph.D. in Economics from Stanford University and his BA from Harvard University.
Bostic, R. (2014). CDBG at 40: Opportunities and obstacles. Housing Policy Debate, 24(1), 297-302. doi:10.1080/10511482.2013.866973
Raphael Bostic, & Alastair McFarlane. (2013). The proposed affirmatively furthering fair housing regulatory impact analysis. Cityscape, 15(3), 257.
RAPHAEL BOSTIC. (2013, ). Detroit beats anaheim on representation. Orange County Register
Bostic, R., Hughes, R., & Salazar, T. (2013). Hitting ‘em where they live: L.A.’s lack of affordable housing hinders businesses in drawing from skilled pool of employees. Los Angeles Business Journal, 35(20), 75.
Raphael Bostic, & Tony Salazar. (2013, ). L.A.’s real housing problem. Los Angeles Times, pp. A.11.
Bostic, R., Chomsisengphet, S., Engel, K. C., McCoy, P. A., Pennington-Cross, A., & Wachter, S. (2012). Mortgage product substitution and state anti-predatory lending laws: Better loans and better borrowers? Atlantic Economic Journal, 40(3), 273-294. doi:10.1007/s11293-012-9325-3
Bostic, R. W., Thornton, R. L. J., Rudd, E. C., & Sternthal, M. J. (2012). Health in all policies: The role of the US department of housing and urban development and present and future challenges. Health Affairs (Project Hope), 31(9), 2130-2137.
Raphael Bostic. (2012). Responsible families deserve mortgage relief. Washington: U.S. News and World Report.
Raphael Bostic, & Risa Lavizzo-Mourey. (2011, ). Housing and health care go hand in hand. Roll Call
Bostic, R. (2010). Financing low-income communities: Models, obstacles, and future directions. MALDEN: WILEY-BLACKWELL PUBLISHING, INC.
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