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In 1995, the then federal housing secretary, Henry Cisneros, stepped in and took over the agency.
ECONOMIST: High-rise brought low at last
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"Henry Cisneros has a distinguished career of truly dedicated public service, " said President Bill Clinton in statement issued in Florida.
CNN: Cisneros Indicted
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The company is headed by Richard Baron, who worked with former Housing Secretary Henry Cisneros to develop replacements for public housing.
WSJ: A Texas-Size Housing Fight