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

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 Council and reappointed two current members of the Advisory Council. In subsequent action, Debbie WattsRobinson, Dayton, Ohio was appointed president, and Natalie H. Harris, Louisville, Kentucky, was named vice-president. Advisory Board terms are three years, with executive terms of two years, all beginning January 1, 2021. The 13-member advisory board provides advice to FHLB on affordable housing and economic development needs in FHLB’s Fifth District states of Kentucky, Ohio and Tennessee.

Appointment :

Shawn Smith, Acting Executive Director, Ohio Housing Finance Agency (OHFA) at Columbus, Ohio. Mr. Smith joined OHFA in 2019 after nearly two decades as a government accounting and public finance professional. He has held numerous positions in state government, including Chief Operating Officer for the Ohio Facilities Building Commission, Director of Financial and Technology Services for the Department of Youth Services of Ohio and Chief Financial Officer of the Ohio Public Utilities Commission. Ohio. Mr Smith will serve a three-year term which began January 1, 2021.

Cassie Hudson, Executive Director of Partnership Housing, Inc. at Boonville, Ky. Ms. Hudson has held this position for eight years. Founded in 2005, Partnership Housing’s mission is to increase the supply of safe, affordable and decent housing for low to middle income residents in Owsley County and to help these residents have a better life. Earlier this year, Ms. Hudson was named to the Fahe Kentucky Caucus where she serves as chair. Ms Hudson will serve a three-year term which began January 1, 2021.

Amy Schaftlein, Executive Director of United Housing, Inc. in Memphis, TN. As Executive Director of United Housing Inc., Ms. Schaftlein oversees all aspects of the organization, working to make home ownership a reality for low-to-middle income families through financial education. , mortgages, 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 an industry and government liaison. She will serve a three-year term which began January 1, 2021.

dwayne spencer, President and CEO, Habitat for Humanity Greater Memphis in Memphis, TN. Mr. Spencer held this position for 19 years. Memphis Habitat was founded in 1983 with a mission to bring decent, affordable housing to the city of Memphis. Since its inception, they have built over 500 homes and repaired over 1,000 in Greater 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 WattsRobinsonCEO 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 primarily focused on creating permanent, supportive housing solutions for homeless people with mental illness, chemical dependency and other disabilities. Montgomery County. In addition, MVHO provides services aimed at helping formerly homeless street people and clients coming out of incarceration to maintain 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 two-year term as President began January 1, 2021.

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

Natalie HarrisExecutive Director of the Coalition for the Homeless Louisville, Kentucky. The Coalition for the Homeless (CFH) is a non-profit organization committed to advocacy, education and collaboration on issues of homelessness. CFH is a member agency of over 30 homeless shelters and service providers serving Louisville, Jefferson County, Kentucky. Ms. Harris has worked for CFH since 2010. Ms. Harris was 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 creating more than 98,000 low-income housing units through its Affordable Housing Program since 1990. In addition, the FHLB Board of Directors has voluntarily contributed $25 million benefits in response to members’ community needs, including rebuilding homes in the event of natural disasters, mitigating foreclosures, emergency repairs, and restoring accessibility for special needs and elderly populations . The FHLB system comprises 11 district banks, is wholly owned by its 7,000 member institutional shareholders and does not use taxpayers’ money.

This press release may contain forward-looking statements that are subject to risks and uncertainties, including, but not limited to, the effects of market economic conditions on demand for FHLB’s products, legislative or regulatory developments regarding the FHLB system, competitive forces and other risks. detailed from time to time in FHLB’s filings with the Securities and Exchange Commission. Forward-looking statements speak as of the date they were made and are not guarantees of future performance. Actual results or developments may differ materially from the expectations expressed or implied by the forward-looking statements, and FHLB undertakes no obligation to update such statements.

SOURCE Federal Home Loan Bank of Cincinnati

Related links

http://www.fhlbcin.com

Bernadine J. Perkins