Age, Biography and Wiki
Thomas Demery (Thomas T. Demery) was born on 18 July, 1949 in Detroit, Michigan, U.S., is a Former Asst. Secretary of US Dept HUD. Discover Thomas Demery's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is he in this year and how he spends money? Also learn how he earned most of networth at the age of 74 years old?
| Popular As |
Thomas T. Demery |
| Occupation |
N/A |
| Age |
74 years old |
| Zodiac Sign |
Cancer |
| Born |
18 July, 1949 |
| Birthday |
18 July |
| Birthplace |
Detroit, Michigan, U.S. |
| Nationality |
United States
|
We recommend you to check the complete list of Famous People born on 18 July.
He is a member of famous Former with the age 74 years old group.
Thomas Demery Height, Weight & Measurements
At 74 years old, Thomas Demery height not available right now. We will update Thomas Demery's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.
| Physical Status |
| Height |
Not Available |
| Weight |
Not Available |
| Body Measurements |
Not Available |
| Eye Color |
Not Available |
| Hair Color |
Not Available |
Dating & Relationship status
He is currently single. He is not dating anyone. We don't have much information about He's past relationship and any previous engaged. According to our Database, He has no children.
| Family |
| Parents |
Not Available |
| Wife |
Not Available |
| Sibling |
Not Available |
| Children |
Not Available |
Thomas Demery Net Worth
His net worth has been growing significantly in 2023-2024. So, how much is Thomas Demery worth at the age of 74 years old? Thomas Demery’s income source is mostly from being a successful Former. He is from United States. We have estimated Thomas Demery's net worth, money, salary, income, and assets.
| Net Worth in 2024 |
$1 Million - $5 Million |
| Salary in 2024 |
Under Review |
| Net Worth in 2023 |
Pending |
| Salary in 2023 |
Under Review |
| House |
Not Available |
| Cars |
Not Available |
| Source of Income |
Former |
Thomas Demery Social Network
| Instagram |
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| Linkedin |
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| Facebook |
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| Wikipedia |
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| Imdb |
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Timeline
Thomas T. Demery (born 18 July 1949 in Detroit, Michigan ) is a former Assistant Secretary of the United States Department of Housing and Urban Development (HUD).
He served during the Reagan administration.
He has two children from his 1971 marriage.
He is a devout Christian and has been a Church Elder at the Bloomfield Hills Christian Church.
Between 1972 and 1978, Thomas Demery was chief operating officer of Bloomfield Management Co., a residents' property management company.
After 1978, he worked as a licensed residential builder, real-estate broker, and mortgage correspondent.
During the period 1982–1986, Demery served as a consultant to the Department of Housing and Urban Development for technical analyses and reviews of selected HUD multifamily mortgages.
On August 11, 1986, during his second term in office, then-President Ronald Reagan, after the resignation of Maurice Lee Barksdale from that position, announced his intention to nominate Demery to be the Assistant Secretary of Housing and Urban Development (H.U.D.).
At the time, Demery was the president of Income Property Services, Inc., a real estate brokerage firm in Birmingham, Michigan.
In 1989, the Chicago Tribune reported that a charity which Demery had founded, "Food for Africa," had received over $290,000 in donations from developers and consultants who were connected with HUD projects.
The newspaper suggested these donations had been made in return for federal subsidies.
A subsequent report issued by the department concluded that there was no direct link between the donations and the federal subsidies.
The report led to a wider congressional investigation into alleged grant rigging in the Ronald Reagan Administration.
Demery comes from a family of Greek immigrants.
In 1993, he pleaded guilty to and was convicted of accepting a gratuity and obstruction of justice during his tenure in government.
On 17 June 1993, Thomas Demery, after being indicted on charges of lying to Congress and accepting a $100,000 loan from a Michigan developer whom he'd helped to get federal housing subsidies in the 1980s, pleaded guilty to accepting a gratuity from that developer, and of obstructing justice.
Demery was accused of steering $15 million worth of H.U.D. loan subsidies to the developer who had given him a $100,000 second mortgage on "extremely favorable terms" that was "never publicly recorded," as the indictment stated.
Demery received a $50 fine on each count and was subject to a 2-year probation period.
