Dr. Michael A. Stegman is a senior fellow at the Milken Institute Center for Financial Markets, where he focuses on housing finance reform and affordable housing. He is also a senior research fellow at the Center for Household Financial Stability in the Federal Reserve Bank of St. Louis, and a senior research fellow in the Center for Community Capital at the University of North Carolina at Chapel Hill. From 2015 to 2016, Stegman served as senior policy advisor for housing on the staff at the National Economic Council, following three and a half years as the counselor to the secretary of the Treasury for housing finance policy. Previously, Stegman served as a fellow at the Bipartisan Policy Center, and as director of policy and housing for the program on human and community development at the John D. and Catherine T. MacArthur Foundation for six years. Stegman is also a distinguished professor emeritus at the University of North Carolina at Chapel Hill, where he taught and conducted research on affordable housing policy as chair of the Department of City and Regional Planning and was founding chair of the Department of Public Policy. Dr. Stegman holds a bachelor's degree from Brooklyn College, City University of New York, and a master's degree and Ph.D. in city planning from the University of Pennsylvania.