Tiena Johnson Hall is New Executive Director of California Housing Finance Agency | Business
SACRAMENTO, Calif .– (BUSINESS WIRE) – July 20, 2021–
The California Housing Finance Agency (CalHFA) will have a new executive director, as Tiena Johnson Hall was appointed by Governor Gavin Newsom on Monday.
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Tiena Johnson Hall was appointed Executive Director of the California Housing Finance Agency (CalHFA) on July 19, 2021. (Photo: Business Wire)
Johnson Hall, who has been a member of the CalHFA Board of Directors since November 2014, has served as Senior Vice President and Director of Community Development Funding for BBVA Compass Bancshares Inc. since October 2014. Prior to that, she held various positions in the field. housing. in the private and public sectors.
“Tiena Johnson Hall brings a passion for helping people build community, and I am delighted to have her as the head of CalHFA,” said Lourdes Castro Ramírez, Agency Secretary of Business, Consumer Services and housing. “This commitment, coupled with their solid background in housing and finance, will galvanize the CalHFA team as they strive to expand mortgage support, increase the number of first-time buyers and provide a better access to finance for innovative housing programs, such as Accessory Dwelling Units. “
“Tiena’s background makes her the ideal person to lead a mission-driven agency like CalHFA that relies on partnerships with all levels of government, as well as with the private sector,” said Michael Gunning, chairman of the board of directors of CalHFA. “As a longtime board member, Tiena has already used her vast experience and knowledge to help lead CalHFA through some of the most successful years in the history of the organization and we are excited by the future ! “
This experience includes stints as vice president and community development manager at Bank of the West; a senior vice president and director of relations in the commercial real estate group of the American bank; Director of Housing in the Major Projects Division of the Los Angeles Department of Housing and Investment; Project manager for communities of residence and more.
For Johnson Hall, living in an affordable housing project a few years after graduating from college and organizing a group to work with the state-owned building to make improvements to the property has been a formative experience that has left him behind. decided to work in the affordable housing industry. .
“I believe CalHFA plays a vital role in the state’s efforts to help Californians find an affordable place to call home,” said Johnson Hall. “My time on the CalHFA Board of Directors has given me excellent insight into the organization and the opportunity to help shape some of the Agency’s most successful initiatives, such as the innovative partnership with Apple, the Award-winning national mixed-income rental housing program, the widely used down payment assistance program, and CalHFA’s commitment to promoting equitable housing in a positive way.
Johnson Hall was selected after a nationwide search to replace Tia Boatman Patterson, who stepped down as executive director in February to join President Biden’s administration in the office of management and budget. CalHFA’s deputy chief executive, Don Cavier, served as the agency’s interim executive director.
“Between California’s housing affordability crisis, the pandemic’s disproportionate effect on low-income residents and people of color, and the unprecedented amount of federal and state resources spent on housing, now is the time. for organizations like CalHFA to have an even more significant impact, ”said Johnson Hall.
The California Housing Finance Agency was established in 1975 to help more Californians find a place to call home. CalHFA has helped over 201,000 low and moderate income homebuyers with $ 32.6 billion in first mortgage loans and used $ 6.1 billion in construction and preservation financing for over 70,000 affordable rental housing statewide. CalHFA is a self-funded state agency that does not depend on taxpayer dollars for its operational costs. For more information on CalHFA programs and how we are creating progressive financing solutions for affordable housing in California, visit www.calhfa.ca.gov or call toll free at 877.9.CalHFA (877.922.5432).
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CONTACT: Eric Johnson
KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA
INDUSTRY KEYWORD: PROFESSIONAL SERVICES PUBLIC POLICY / STATE GOVERNMENT / LOCAL RESIDENTIAL BUILDING & REAL ESTATE FINANCING CONSTRUCTION & REAL ESTATE BANKING
SOURCE: California Housing Finance Agency
Copyright Business Wire 2021.
PUB: 07/20/2021 3:45 p.m. / DISC: 07/20/2021 3:46 p.m.
Copyright Business Wire 2021.