Board of Directors

As an affiliate of LISC, NEF, Inc. is governed by a 16-member board of directors comprised of some of the country's top affordable housing professionals. Board members bring tremendous experience to the table, lending support to the NEF, Inc. staff as they balance the needs of investors and project sponsors in the pursuit of decent, affordable housing. Their dedication to communities is of enduring value to the neighborhoods we serve. The NEF, Inc. board is ultimately responsible to the LISC Board of Directors , which includes a diverse group of business and neighborhood leaders committed to community development

Larry Dale
NEF Chairman

Managing Director
Citigroup
Denver, CO

Michael Rubinger
NEF Vice Chairman

President & CEO
Local Initiatives Support Corporation New York, NY



NEF, Inc. Board Members
Reza Aghamirzadeh
Senior Vice President
Washington Mutual
Seattle, WA
Zachary M. Boyers
Chairman & CEO
U.S. Bancorp Community Development
St. Louis, MO
Andrew Ditton
Managing Director
Citi Community Capital
New York, NY
Helen Dunlap
Independent Housing Consultant
Chicago, IL
Ernie Etuk
President & CEO
Houston Housing Authority
Houston, Texas
Printice L. Gary
Managing Partner
Carleton Residential Properties
Dallas, TX
Joseph Hagan
President & CEO
National Equity Fund, Inc.
Chicago, IL
Mike Mantle
Executive Vice President/COO
One Economy Corporation
San Diego, CA
Michael May
Senior Vice President
Freddie Mac
McLean, VA
John Mealey
Executive Director
Coachella Valley Housing Coalition
Indio, Calif.
Herbert E. Morse
Retired Managing Partner
KPMG LLP
Hingham, MA
Elizabeth Pugh
Executive Vice President/CFO
Local Initiatives Support Corporation
New York, NY

Mr. Edward J. Sigler
Senior Vice President
Chase Community Development
New York, NY

Ms. Sindy Spivak
Senior Vice President
Bank of America
Los Angeles, CA

Featured Project: Verne Barry Place

Verne Barry Place

Verne Barry Place is a creative example of building preservation and adaptation in Grand Rapids, Mich., designed to meet the needs of some of the area’s lowest-income residents. NEF invested $13.5 million on behalf of eight investors to fund this impressive "green" development.

The 116-unit supportive housing project, developed by Dwelling Place, Inc., features seven commercial spaces and serves homeless residents, including veterans.

View project profile.

NEF Project Portfolio >GO

NEF has invested $7.5 billion of equity that has helped build 109,000 homes in 1,800 projects across America.


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