Tag Archive for: HAC Loan Fund

Housing Assistance Council Names Eileen Neely Director of Lending

Contact: Dan Stern
202-842-8600
dan@ruralhome.org

Housing Assistance Council Names Eileen Neely Director of Lending

Eileen will manage HAC’s multi-million-dollar loan funds and investment in rural communities.

Washington, DC, February 4, 2019 – The Housing Assistance Council (HAC) is pleased to announce that Eileen Neely is joining HAC as the new Director of Lending. Eileen brings 30 years of experience in finance and impact investment. She will be the entrepreneurial leader and manager of HAC’s lending and community investment functions that provide low-cost capital to local nonprofits, for-profits and local governments developing affordable housing in rural communities throughout the United States.

Eileen joins HAC after working as a consultant for housing and impact investment organizations across the country. Prior to that she served as the Director of Capital Innovation at Living Cities, the Director of Strategy for the District of Columbia Housing Authority, the COO of the Fresno Housing Authority, and Director of Public Entity Lending at Fannie Mae.

“We are thrilled to bring Eileen on board as part of the HAC team,” said HAC CEO David Lipsetz. “Our loan fund is a critical tool for building the capacity of rural organizations, and I am pleased to see it in such capable hands.”

To learn more about the HAC Loan Fund, visit www.ruralhome.org/lending.

About the Housing Assistance Council
The Housing Assistance Council helps build homes and communities across rural America. Founded in 1971 and headquartered in Washington, D.C., HAC is a national nonprofit and a certified community development financial institution dedicated to helping local rural organizations build affordable homes by providing below-market financing, technical assistance, training, research, and information services. To learn more, visit www.ruralhome.org.

###

Solutions to rural poverty the focus of HAC Rural Housing Conference

Contact: Dan Stern
(202) 842-8600
dan@ruralhome.org

Over 600 rural builders and advocates gather in Washington, DC

Washington, DC, December 17, 2018 – Over 600 stakeholders from 48 state who work in the field of rural community development came together recently for two-and-a-half days at the Housing Assistance Council‘s (HAC) 2018 National Rural Housing Conference. Attendees from local nonprofits, federal agencies, Congress, state and local governments, and other industry leaders met to learn, discuss, and network in support of affordable housing and building rural prosperity.

The Conference featured over 40 workshops where participants learned best practices for rural housing development, organizational management, and resource development, as well as innovative approaches to housing and community development. The event included a pre-Conference day packed with gatherings for coalitions, associations, and working groups.

Participants heard from Federal Reserve Board of Governors chairman Jerome Powell, who revealed the central bank’s growing focus on communities that have been left out of the overall economic expansion. Senator Catherine Cortez-Masto (D-NV) also addressed the conference and called for her colleagues to work alongside her and community developers from across the country who want to improve rural areas.

“We love hosting the Rural Housing Conference every two years,”” said HAC CEO David Lipsetz. “It brings over 600 local leaders and practitioners together to learn from each other and share our passion for building better rural communities. We hope everyone goes home with new ideas for their work, and that they are excited to work with HAC to make them a reality!”

For more information on the HAC Conference, download the HAC Trainings App, access photos from the event here, visit HAC’s YouTube channel where content from the Conference will be posted, and check back with www.ruralhome.org for any additional updates about HAC and the Rural Housing Conference.

About the Housing Assistance Council
The Housing Assistance Council helps build homes and communities across rural America. Founded in 1971 and headquartered in Washington, D.C., HAC is a national nonprofit and a certified community development financial institution dedicated to helping local rural organizations build affordable homes by providing below-market financing, technical assistance, training, research, and information services. To learn more, visit www.ruralhome.org.

###

Making it Work: Creative Ways to Utilize HAC Loan Products

Materials Posted

Power Point Presentation | Webinar Recording

Identifying tangible funding sources for any development project can be a large undertaking. Join the Housing Assistance Council to hear directly from senior loan fund staff on how HAC’s loan funds can be used in your affordable housing development project. This webinar will provide specific examples of how HAC loan products can be used in affordable housing deals, as well as information and details on best practices of application submission, along with varied examples of how HAC loan products interact with other funding sources.