Federal Home Loan Bank of Cincinnati Announces Affordable Housing Advisory Council Appointments

0

[ad_1]

CINCINNATI, February 5, 2021 / PRNewswire / – The Federal Home Loan Bank of Cincinnati (FHLB) The Board of Directors appointed four new members to the FHLB Affordable Housing Advisory Board and reappointed two current members of the Advisory Board. In other actions, Debbie Watts Robinson, Dayton, Ohio was appointed president, and Natalie H. Harris, Louisville, Kentucky, was appointed vice-president. Advisory Board terms are three years, with two-year executive terms, all starting January 1, 2021. The 13-member advisory board provides advice to the FHLB on affordable housing and economic development needs in the FHLB Fifth District states of Kentucky, Ohio and Tennessee.

Appointment :

Shawn smith, Acting Executive Director, Ohio Housing Finance Agency (OHFA) in Columbus, Ohio. Mr. Smith joined OHFA in 2019 after nearly two decades as a professional in government accounting and public finance. He has held numerous positions in state government including chief operating officer for the Ohio Facilities Construction Commission, director of financial and technology services for the Department of Youth Services. of Ohio and CFO of the Utilities Commission of Ohio. Mr. Smith will serve a three-year term that began January 1, 2021.

Cassie hudson, Executive Director of Partnership Housing, Inc. at Booneville, Ky. Ms. Hudson held this position for eight years. Founded in 2005, Partnership Housing’s mission is to increase the availability of safe, affordable and decent housing for low- and moderate-income residents of Owsley County and help these residents to live better. Earlier this year, Ms. Hudson was appointed to the Fahe Kentucky Caucus where she is chair. Ms. Hudson will serve a three-year term that began January 1, 2021.

Amy schaftlein, Executive Director of United Housing, Inc. at Memphis, Tennessee. As Executive Director of United Housing Inc., Ms. Schaftlein oversees all aspects of the organization, striving to make homeownership a reality for low and moderate income families through financial education. , mortgage loans, home construction and renovation. Prior to her current role, she spent time with University Neighborhoods Development Corp. as a research assistant and with the Tennessee Housing Development Agency as a liaison with industry and government. She will serve a three-year term which began January 1, 2021.

Dwayne spencer, President and CEO, Habitat for Humanity Great Memphis in Memphis, Tennessee. Mr. Spencer held this position for 19 years. Memphis Habitat was founded in 1983 with a mission to bring decent and affordable housing to the city of Memphis. Since its inception, they have built over 500 homes and repaired over 1,000 in Great Memphis. Mr. Spencer previously served the remainder of a vacant term. He will serve a three-year term which began January 1, 2021.

Renewals:

Debbie Watts Robinson, CEO of Miami Valley Housing Opportunities at Dayton, Ohio. Ms. Watts Robinson has held this position since 2010. Miami Valley Housing Opportunities (MVHO) is a non-profit organization focused primarily on creating permanent and supportive housing solutions for homeless people with mental illness, chemical addiction and dementia. other disabilities. Montgomery County. In addition, MVHO provides services aimed at helping former homeless people on the streets and clients leaving prison to maintain their housing stability. Ms. Watts Robinson was also elected Chair of the Advisory Board. His third and final three-year term on the Advisory Council and his two-year term as President have begun January 1, 2021.

Samantha “Sam” A. Shuler, President and CEO of the Community Housing Network at Columbus, Ohio. Since the founding of the Community Housing Network (CHN) in 1987, the organization has provided permanent supportive housing to thousands of people with mental health issues, substance abuse disorders and a history of homelessness. Ms. Shuler has worked for the RCS since 2003. She will serve a second three-year term which began January 1, 2021.

Nathalie Harris, Executive Director of the Coalition for the Homeless in Louisville, Kentucky. The Coalition for the Homeless (CFH) is a non-profit organization committed to advocacy, education and collaboration on the issues of homelessness. CFH is a member agency of over 30 homeless shelters and service providers serving Louisville, Jefferson County, Kentucky. Ms. Harris has been with CFH since 2010. Ms. Harris has been elected Vice-Chair of the Advisory Board. Her two-year term as Vice-President began January 1, 2021.

The FHLB is a $ 74 billion Congressional chartered regional wholesale bank providing financial services for residential housing and economic development to 629 member financial institutions located in Kentucky, Ohio and Tennessee. He contributed $ 790 million for the creation of more than 98,000 social housing units as part of its affordable housing program since 1990. In addition, the board of directors of the FHLB has voluntarily contributed $ 25 million benefits in response to member community needs, including rebuilding homes in the event of natural disasters, mitigation of foreclosures, emergency repairs, and accessibility rehabilitation for special needs and elderly populations . The FHLB system consists of 11 district banks, is fully owned by its 7,000 shareholders from member institutions, and does not use taxpayer money.

This press release may contain forward-looking statements that are subject to risks and uncertainties, including, but not limited to, the effects of economic market conditions on demand for FHLB products, legislative or regulatory developments regarding the FHLB system, competitive forces and other risks detailed from time to time in documents filed by the FHLB with the Securities and Exchange Commission. Forward-looking statements are valid as of the date of their publication and are not guarantees of future performance. The actual results or developments may differ materially from the expectations expressed or implied in the forward-looking statements, and the FHLB does not undertake to update these statements.

SOURCE Federal Home Loan Bank of Cincinnati

Related links

http://www.fhlbcin.com

[ad_2]

Leave A Reply

Your email address will not be published.