Director of Missouri housing agency's resignation unexpected

Wednesday, February 3, 2010 | 2:46 p.m. CST; updated 3:37 p.m. CST, Wednesday, February 3, 2010

KANSAS CITY — The executive director of Missouri's housing development agency says he is resigning effective March 1.

Pete Ramsel has worked with the Missouri Housing Development Commission for the past 15 years. He provided no explanation for his departure in a resignation letter released Wednesday by Missouri Treasurer Clint Zweifel, who is chairman of the commission.

A spokesman for Zweifel said the treasurer had not asked for Ramsel's resignation. Last year, Ramsel confirmed he had been interviewed by the FBI as part of an investigation related to low-income housing projects.

The Kansas City-based state agency uses tax credits and tax-free bonds to help finance the construction of affordable houses and apartments.

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