Community Housing Capital Appoints Three New Board Members

DECATUR, Ga., Aug. 19, 2019 /PRNewswire-PRWeb/ -- Community Housing Capital (CHC), a national, nonprofit community development financial institution announces the appointment of three new members to its Board of Directors. Joining the Board is Bruce F. Martin, Executive Director and Division Manager for Community Development Banking at Chase, Alan Ferguson, Senior VP, Community Development for Invest Atlanta, and Daryl Shore, Director of Inclusive Communities at Prudential Financial. The appointments will increase the size of CHC's Board of Directors to 15 members. "Our new members embody the spirit of CHC's mission to create and preserve affordable housing and we are confident they will provide valuable perspectives, expertise, and energy as CHC continues its strategic effort to accelerate progress in this space. We look forward to their contributions and are fortunate they have chosen to join our team," said Cindy Holler, President, and CEO of CHC.

About Bruce F. Martin
Mr. Martin is Executive Director and Division Manager for Community Development Banking at Chase. With over 35 years of commercial real estate experience, he has financed thousands of affordable housing units and has mentored numerous community development lenders. CHC is pleased that Mr. Martin has chosen to add his expertise to the Community Housing Capital board. He serves on the board of directors of Neighborhood Housing Services of Chicago, Chicago Metropolitan Housing Development Corporation, and Housing Opportunities & Maintenance for the Elderly. He is also on the board of advisors of Catholic Charities of the Archdiocese of Chicago.

Mr. Martin will serve on the board's Governance/Nominating/Personnel Committee chaired by Kara Hay, Chief Executive Officer, Penquis, located in Bangor, Maine.

About Alan Ferguson
Mr. Ferguson is Senior Vice President, Community Development, for Invest Atlanta, a registered local government authority that was created to advance Atlanta's global competitiveness by growing a strong economy, building vibrant communities, and increasing economic prosperity for all Atlantans. Mr. Ferguson is responsible for leading the division's strategic, management, and transactional activities. This includes bringing together policy, strategy, and innovative tools to create and deliver diverse housing, development, and revitalization opportunities within the City of Atlanta. He is responsible for the oversight of a portfolio exceeding $1.6 Billion in property assets and budget oversight exceeding $3MM. Mr. Ferguson has formerly served as Credit Risk Manager for Fannie Mae and as a Senior Business Manager with AD&C Lending, Washington DC/Atlanta, GA.

Mr. Ferguson will serve on the board's Audit and Risk Management Committee chaired by Tom Bloom, former executive vice president and chief financial officer of NeighborWorks® America (NWA) and former senior deputy controller at the Office of the Comptroller of the Currency (OCC).

About Daryl Shore
Mr. Shore is the Director of Inclusive Communities at Prudential, in which he serves in a hybrid role between Prudential's Corporate Social Responsibility and Impact & Responsible Investing teams. He leads the company's inclusive economic growth strategy in Newark and beyond and manages impact investment deals in real estate development. In his role as Director of Inclusive Communities, he works to improve the effectiveness of public systems and coordinates key stakeholders to increase economic opportunities for the most vulnerable and underserved communities, particularly in Newark. He is also active as a Board member in several civic and nonprofit organizations: Westtown School, Gesu School, Friends of Yemin Orde and Harlem Grown.

Mr. Shore will serve on the board's Business Planning Committee chaired by Chris Krehmeyer, President and Chief Executive Officer of Beyond Housing in St. Louis, Missouri.

CHC's other directors consist of Paul Mazzarella, Chair Executive Director, Retired, Ithaca Neighborhood Housing Services; Patricia Garcia Duarte, Vice Chair, President and CEO of Trellis; Kara Hay, Secretary President & CEO, Penquis; Peter Lefferts, Treasurer/Founding Chair, Board of Directors & Compliance Chair, Retired, American Express Bank, FSB; Marianne Garvin, President & CEO, Retired, CDC of Long Island; James Paley, Immediate Past Chair, Executive Director, Neighborhood Housing Services of New Haven; Tom Bloom, Chief Financial Officer, Retired, Office of the Comptroller of the Currency; Jeanne Engel, Consultant; Brian Gallagher, Senior Vice President-Debt, The Community Development Trust; Gregg Warren, President & CEO, DHIC, Inc.; Chris Krehmeyer, President & CEO, Beyond Housing; and Julie Porter, President & CEO, Charlotte Mecklenburg Housing Partnership.

About Community Housing Capital
Community Housing Capital, a national Community Development Financial Institution intermediary, is a direct lender to the NeighborWorks® network. Incorporated in 2000, Community Housing Capital is certified as a community development financial institution and a community development entity by the U.S. Treasury's CDFI Fund. Lending to members of the NeighborWorks network, Community Housing Capital provides both interim real estate development loans and permanent multifamily loans with favorable rates and terms. Loans are underwritten with the flexibility required to finance complex transactions with multiple layers of subsidies. Community Housing Capital has, through its lending activity, created or preserved over 18,768 units of affordable housing and facilitated $2.3 billion in total development. Community Housing Capital is headquartered in Decatur, Georgia. For more information, visit https://www.communityhousingcapital.org.

SOURCE Community Housing Capital