Nomination of Richard H. Francis To Be President of the Solar Energy and Energy Conservation Bank

The President today announced his intention to nominate Richard H. Francis to be President of the Solar Energy and Energy Conservation Bank, Department of Housing and Urban Development. He would succeed Joseph S. Bracewell.

Since 1982 he has been serving as Manager of the Solar Energy and Energy Conservation Bank at the Department of Housing and Urban Development. Previously he was Special Assistant to the Secretary for Policy Development and Research, Department of Housing and Urban Development, in 1981-1982; executive vice president, National Multi-Housing Council, in 1978-1981; director, government relations, National Association of Independent Colleges and Universities, in 1976-1978; and associate director, federal relations, Association of American Colleges, in 1974-1976.

He graduated from the U.S. Naval Academy (B.S., 1949), Yale University (M.A., 1959), and the University of Maryland (Ph. D., 1977). He is married, has three children, and resides in Fairfax Station, Va. He was born March 8, 1925, in Boston, Mass.