People

NeighborWorks Capital’s board of directors, committees and staff have decades of experience in community development and lending in the private, non-profit and government sectors. This background provides practical and tactical expertise to grow the organization’s capital, manage risk and better understand and serve our customers’ needs.

The Board of Directors is composed of real estate development and community lending industry leaders with a strategic focus and representation of both urban and rural communities.

The Loan Committee reviews all loans and is composed of knowledgeable community development bankers and NeighborWorks America borrowers who are familiar with affordable housing and community development.

The Finance Committee oversee the audit process, operating performance, cashflow projections, investments and capital. Members have expertise in CDFI and non-profit operations.

Board of Directors

Jeanne PInado, President of the Board Of Directors, NeighborWorks Capital

Jeanne Pinado, President

President and Executive Director, Madison Park Development Corp.

Ms. Pinado is the President and Executive Director of Madison Park Development Corporation, a community development corporation working is the Roxbury and South End neighborhoods of Boston, MA. Madison Park is a NeighborWorks America affiliate and has developed and owns 1,150 units of rental housing, 93 for-sale homes and 125 units of student housing. Additionally they have renovated and leased over 76,000 square feet of retail and office space in the Dudley Square business district. She has over 25 years experience in real estate development and affordable housing finance.

Peter Daly, Loan Committee Chair, NeighborWorks Capital

Peter Daly

Executive Director, Cambridge Neighborhood Apartment & Housing Services

Mr. Daly has 30+ years of community development experience and is responsible for operations of a community development corporation in Cambridge, MA. His organization is an affiliate of Neighborworks America with a focus on the development of homeownership and rental housing, two lending and rehab programs - one for owner-occupied 1-4 family and the other for privately owned multi-family properties, and an asset management program. Under his leadership their rental portfolio from 17 units to over 1,000 units. He also serves as the Chair of the Board of Community Economic Development and Assistance Corporation, a Massachusetts based CDFI.

Kristin Faust, Board of Directors, NeighborWorks Capital

Kristin Faust, Treasurer

Director of Lending, Partners for the Common Good

Ms. Faust has over 25 years experience in community development finance serving the private, public and non-profit sectors. Ms. Faust is currently Director of Lending at Partners For The Common Good, a national CDFI based in Washington, DC. She previously served as President of Enterprise Community Loan Fundwhere she grew its capital base four fold to over $250 million. Prior to that she served as Chief Deputy Treasurer for the State of California where she was responsible for overseeing more than $300 billion in public investment funds. Prior to that Ms. Faust spent 15 years in Chicago at LaSalle National Bank as Senior Vice President and started the Community Development Lending Department.

Eileen Fitzgerald, Ex Officio

Chief Executive Officer, NeighborWorks America

In 2011 Ms. Fitzgerald became CEO of NeighborWorks America (NW) after serving in the position of chief operating officer since 2005. NW is a leading national community development intermediary with a national network of more than 235 affordable housing and community development organizations serving 4,500 communities. Previously at the Fannie Mae Foundation, she was responsible for alliance and relationship management with key foundation partners as senior director of National Initiatives. She also served as the acting executive director at the McAuley Institute, a national nonprofit intermediary committed to improving the housing conditions of women and families. She also served as the chief investment officer at the AFL-CIO Housing Investment Trust and from 1994-2000, she served in the U.S. Department of Agriculture’s Rural Housing Service with management oversight of single- and multi-family housing and community facilities programs. She served in both Virginia and Maryland state governments.

Rick Goodemann, Vice President of the Board of Directors, NeighborWorks Capital

Rick Goodemann, Vice President

Executive Director, Southwest Minnesota Housing Partnership

Mr. Goodemann has over 25 years of experience in community development in rural communities and small cities in Minnesota. Southwest Minnesota Housing Partnership is a NeighborWorks affiliate. His organization is an an innovative non-profit organization that provides planning, housing and community development services within 38 rural counties in southern Minnesota. The organization operates in formal collaboration with a network of rural non-profit corporations, community development organizations and local units of government.  The organization has over 20 employees with an annual operating budget of $2,100,000. Accomplishments include the development, financing or rehabilitation of over 6,100 housing units with an excess of $286 million. He serves on their National Real Estate Advisory Committee of NeighborWorks America.

Chris Kui, Board Member, NeighborWorks Capital

Chris Kui

Executive Director, Asian Americans For Equality

Asian Americans for Equality (AAFE) is a premier civil rights and community development agency based in New York City. During Mr. Kui’s tenure, AAFE has raised over $85 million to build more than 600 housing units for low-income and homeless individuals and families and over $250 million in mortgage financing on behalf of immigrant and low-income families to purchase homes. Mr. Kui initiated and oversees programs to improve the lives of the immigrant community including: social service access for families and seniors, technical assistance to emerging Asian American organizations, assistance to small business owners, and homeownership and foreclosure prevention counseling. He is the founder and Chair of the Board of Renaissance Economic Development Corporation (REDC), a non-profit organization providing financing and technical assistance to immigrant, minority, and women-owned small businesses.

Jim Moorefield, Board Member, NeighborWorks Capital

Jim Moorefield

Executive Director, Willamette Neighborhood Housing Services

Mr. Moorefield has over 25 years of community development experience and has served as Executive Director of Willamette Neighborhood Housing Services (WMHS) in Corvallis, Oregon since 1997. WMHS is a private nonprofit community development organization that is committed to improving lives and strengthening communities through quality affordable housing, homeownership, economic opportunity and community partnerships and is also a member of the NeighborWorks Network.  During his tenure his organization has developed 23 affordable housing projects in seven rural and urban communities, representing over 500 units of for-sale and rental housing.

Rosa Rios Valdez, Secretary

Executive Director, BCL of Texas

As the leader of three community organizations serving Austin area or Texas statewide, Ms. Rios Valdez has 30+ years experience in business development, commercial real estate lending and real estate management and development. BCL of Texas is a NeighborWorks America affiliate. She has grown the organization’s net worth eight fold, faciliated over $200 million in small business loans  and manages a $25 million commercial real estate loan portfolio and is Asset Manager for a $2.5 million real estate portfolio. She has a strong commitment to rural communities and served as a board member of the Rural Alliance.

Megan Teare

Senior Vice President, Community Lending and Investing, Wells Fargo Bank

For the past several years Ms. Teare has been with Wells Fargo Bank’s Community Lending and Investment group where she manages the Equity Equivalent (EQ2) Investment and CDFI Lending programs. Prior to this position, she worked with the community development lending group at the bank. Previously she served as senior loan officer at the McAuley Institute, a CDFI in Washington, D.C., and as a consultant to non-profit housing developers. Ms. Teare is also president of the board of directors of the Northcountry Cooperative Development Fund and a member of the loan committee of the Family Housing Fund’s Home Prosperity Fund and the Twin Cities Community Land Bank.

Loan Committee

Peter Daly, Loan Committee Chair, NeighborWorks Capital

Peter Daly, Chair

Executive Director, Cambridge Neighborhood Apartment & Housing Services

Mr. Daly has 30+ years of community development experience and is responsible for operations of a community development corporation in Cambridge, MA. His organization is an affiliate of Neighborworks America with a focus on the development of homeownership and rental housing, two lending and rehab programs - one for owner-occupied 1-4 family and the other for privately owned multi-family properties, and an asset management program. Under his leadership their rental portfolio from 17 units to over 1,000 units. He also serves as the Chair of the Board of Community Economic Development and Assistance Corporation, a Massachusetts based CDFI.

Tommy FitzGibbon, Jr., Loan Committee, NeighborWorks Capital

Tommy FitzGibbon, Jr.

Principal, BSI

Since 2010 Mr. FitzGibbon is the Managing Director and Chief Operations Officer for Talmer Bank and Trust (formerly First Michigan Bank), a $2.8 billion privately held community bank with 60 offices in Southern Wisconsin and Eastern Michigan. His role includes the acquisition and integration of failed banks into a well-capitalized holding company. Previously he was Executive Vice President of the $10 billion Chicago-based MB Financial Bank. His community activities include serving as President of Neighborhood Housing Services of Chicago (2004-2008), Director of the Woodstock Institute and Chairman of ACCION-Chicago. He is also a member of the Regional Lender Advisory Board for the Federal Home Loan Mortgage Corporation and a board director of the New York based Wall Street Without Walls.

Karen Flock, Loan Committee, NeighborWorks Capital

Karen Flock

Real Estate Development Director, Cabrillo Economic Development Corporation

Ms. Flock has over 30 years of affordable housing development and finance experience. She is Housing Development Director of Cabrillo Economic Development Corporation (CEDC), a rural community development corporation based in Ventura, CA. She manages ten housing development and construction staff, oversees planning, administration, resource development, and new projects for the division.

Rick Goodemann, Vice President of the Board of Directors, NeighborWorks Capital

Rick Goodemann

Executive Director, Southwest Minnesota Housing Partnership

Mr. Goodemann has over 25 years of experience in community development in rural communities and small cities in Minnesota. Southwest Minnesota Housing Partnership is a NeighborWorks affiliate. His organization is an an innovative non-profit organization that provides planning, housing and community development services within 38 rural counties in southern Minnesota. The organization operates in formal collaboration with a network of rural non-profit corporations, community development organizations and local units of government.  The organization has over 20 employees with an annual operating budget of $2,100,000. Accomplishments include the development, financing or rehabilitation of over 6,100 housing units with an excess of $286 million. He serves on their National Real Estate Advisory Committee of NeighborWorks America.

Rosa Rios Valdez

Executive Director, BCL of Texas

As the leader of three community organizations serving Austin area or Texas statewide, Ms. Rios Valdez has 30+ years experience in business development, commercial real estate lending and real estate management and development. BCL of Texas is a NeighborWorks America affiliate. She has grown the organization’s net worth eight fold, faciliated over $200 million in small business loans  and manages a $25 million commercial real estate loan portfolio and is Asset Manager for a $2.5 million real estate portfolio. She has a strong commitment to rural communities and served as a board member of the Rural Alliance.

Finance Committee

Kristin Faust, Board of Directors, NeighborWorks Capital

Kristin Faust, Chair

Director of Lending, Partners for the Common Good

Ms. Faust has over 25 years experience in community development finance serving the private, public and non-profit sectors. Ms. Faust is currently Director of Lending at Partners For The Common Good, a national CDFI based in Washington, DC. She previously served as President of Enterprise Community Loan Fundwhere she grew its capital base four fold to over $250 million. Prior to that she served as Chief Deputy Treasurer for the State of California where she was responsible for overseeing more than $300 billion in public investment funds. Prior to that Ms. Faust spent 15 years in Chicago at LaSalle National Bank as Senior Vice President and started the Community Development Lending Department.

Eileen Fitzgerald

Chief Executive Officer, NeighborWorks America

In 2011 Ms. Fitzgerald became CEO of NeighborWorks America (NW) after serving in the position of chief operating officer since 2005. NW is a leading national community development intermediary with a national network of more than 235 affordable housing and community development organizations serving 4,500 communities. Previously at the Fannie Mae Foundation, she was responsible for alliance and relationship management with key foundation partners as senior director of National Initiatives. She also served as the acting executive director at the McAuley Institute, a national nonprofit intermediary committed to improving the housing conditions of women and families. She also served as the chief investment officer at the AFL-CIO Housing Investment Trust and from 1994-2000, she served in the U.S. Department of Agriculture’s Rural Housing Service with management oversight of single- and multi-family housing and community facilities programs. She served in both Virginia and Maryland state governments.

Jeff Reed, Finance Committee, NeighborWorks Capital

Jeff Reed

Chief Financial Officer, Community Housing Partners

Mr. Reed is Chief Financial Officer of Community Housing Partners (CHP), the largest NeighborWorks affiliate by housing units owned. He has 22 years of experience in financial and corporate management and is responsible for corporate financing, cash flow projections, cash management, profitability analysis and budget oversight for over 130 legal entities. He oversees the accounting, property/asset management, resident services and financial management for CHP which controls over $300 million in assets with annual revenues of over $75 million and provides financial input and analysis to the President and the Board of Directors. He participates in the CFO workgroup of STRENGTH MATTERS™.

Staff

Jim Ferris

Executive Director

NeigborWorks Capital 240.821.1651 ext. 202

Jim has 30 years of senior management experience in both private and nonprofit organizations with business line expertise in real estate development, property management, and financial management. He has extensive experience in affordable housing finance, strategic planning, and asset management. As the leader of the NeighborWorks Capital team, he has overall responsibility for implementing its business plan and raising debt and equity. Jim participates in various industry advisory committees focused on affordable housing finance and lending, including NeighborWorks’ Strength Matters and the National Real Estate Advisory Committee, as well as MacArthur Foundation’s Window of Opportunity. 

Ingrid Avots, Senior Loan Officer, NeighborWorks Capital

Ingrid Avots

Senior Loan Officer

NeigborWorks Capital 240.821.1651 ext 206

Ingrid has over 25 years of experience with both national and local CDFIs, lending to borrowers in the areas of affordable housing, community facilities, small business, and micro enterprise. Ingrid is our senior underwriter of all loan applications and recommendations to the Loan Committee. She also supervises the loan closing process and has extensive experience in organizational underwriting and portfolio management.

Craig Hartman, Director of Finance and Administration, NeighborWorks Capital

Craig Hartman

Director of Finance and Administration

NeigborWorks Capital 240.821.1651 ext 203

Craig has over 25 years of financial and risk management experience. He joined NC in 2010 and is responsible for financial reporting, accounting, investment, personnel, and information systems. Craig has a masters degree in Finance and a bachelors degree in accounting. He joins us after ten years as Chief Financial Officer of a regional securities/investment banking firm.

Mark Knight, Director of Lending, NeighborWorks Capital

Mark Knight

Director of Lending

NeigborWorks Capital 240.821.1651 ext.204

Mark has over 25 years of non-profit management experience and has been a member of NeighborWorks Capital’s senior management team since 2009. He is responsible for lending, marketing, technical assistance, portfolio management, and new product development. Mark joins NeighborWorks Capital after leading the growth and creation of two affordable housing loan funds serving the Washington, DC metro area.

Danika Winston, Office Administrator, NeighborWorks Capital

Danika Winston

Office Administrator

NeigborWorks Capital 240.821.1651 ext. 201

Danika supports the finance team with management of accounts receivable and payables, support of the board and committees, file and office management, and coordination of marketing and events. She has experience in accounting, customer service, and contract management.