Romney Institute Advisory Board


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Kent W Colton

Year Joined: 2000
Term Expires: 2013

Committee Assignments:
  • Federal Government

Company: K. Colton, LLC
Title: President

Work Experience:
  • Homebuilding Community Foundat
  • Homebuilding Community Foundat
  • K. Colton, LLC
  • Natl Assn of Home Builders
Education:
  • BS, 1967, UNIV OF UT - SALT LAKE CITY
Expertise:
  • Executive

Biography:
Kent Colton is currently a Senior Scholar in housing studies at the Joint Center for Housing Studies, Harvard University, where he recently completed a book, entitled Housing in the 21st Century: Achieving Common Ground (Harvard Press June, 2003). He is also President of K Colton, LLC, and is engaged in a range of consulting and entrepreneurial activities related to housing. He also served as a member of the Millennial Housing Commission established by the US Congress. The Commission completed its report May 30, 2002.

Kent Colton is the former Executive Vice President and CEO of the National Association of Home Builders, a position he left in May 1999 after serving as the CEO for 15 years. He has more than 30 years of experience as a housing scholar and expert in the field of mortgage finance and housing policy.

During his tenure as the Chief Executive Officer, NAHB grew from 120,000 to a membership of 199,000 and implemented a wide range of new programs. Colton was responsible for managing a staff of more than 340 and overseeing an annual budget of $55 million. He also implemented a long-range planning process to outline the major business and policy challenges facing the housing industry in the future.

Colton moved to NAHB in April of 1984 from Freddie Mac where he served as executive vice president of policy, planning and economic research.

In June 1981, Colton was appointed staff director of the President’s Commission on Housing. Ten months later, the Commission sent its 275-page report to then-President Ronald Reagan with more than 100 major policy recommendations on housing and the nation's housing finance system. Before joining the President’s Housing Commission, Colton was a professor of public management and finance at Brigham Young University’s Graduate School of Management. He also served as an Associate Professor at the Massachusetts Institute of Technology (MIT) Department of Urban Studies and Planning and as an Associate at the Joint Center for Housing Studies of MIT and Harvard University.

A 1967 graduate of Utah State University, Colton received an M.P.A. from Syracuse University in 1968 and a Ph.D. in Urban Studies from MIT in 1972. In 1974, he was chosen as a White House Fellow and served as a special assistant to the Secretary of the Treasury. Over the years, he has written numerous articles and books on housing finance, the secondary mortgage market, housing policy and a range of management issues.

Colton and his wife, Kathryn, have five children. They live in McLean, Virginia.

Networking Interests:
SVU board; National Building Museum board; BSA National Capitol Area Council board.

Hobbies and Interests:
reading, history, skiing, tennis