SOURCE: Neighborworks America

NeighborWorks America

June 29, 2016 13:00 ET

NeighborWorks America Names Grovetta Gardineer Board Chair

WASHINGTON, DC--(Marketwired - June 29, 2016) - NeighborWorks America, a nonprofit, nonpartisan, Congressional-sponsored corporation, today announced the election of Grovetta Gardineer, as its board chairman effective June 28, 2016. Gardineer succeeds Comptroller of the Currency Thomas J. Curry, who has served as the chairman since March 2014.

Curry also served as vice chairman of the NeighborWorks America board from December 2013 through March 2014 and previously served as chairman from June 2005 through April 2012.

"It is a tremendous honor to chair an organization with such an important mission of enabling quality and affordable rental housing and homeownership," Gardineer said. "Through education, access, and empowerment, NeighborWorks strengthens the foundations of communities and enriches individuals' lives throughout our nation."

As board chair, Gardineer will provide strategic leadership and oversight in support of NeighborWorks America's mission to create economic opportunities and further the ability of people to live in affordable homes, and improve their lives and strengthen communities. NeighborWorks America supports a network of more than 245 nonprofit organizations, located in every state, the District of Columbia and Puerto Rico.

"All of us at NeighborWorks are honored and excited to have Grovetta lead the board of directors and help guide the organization as it begins a new five-year strategic plan," said Paul Weech, NeighborWorks America president and CEO. "Her experience and commitment to community development and operational excellence will enhance the corporation's ability to meet its mission and help every community where we work be identified as a place of opportunity."

Determined by statute, NeighborWorks America's board consists of the heads of the financial regulatory agencies and the U.S. Department of Housing and Urban Development. As such, the members of the board are presidential appointees subject to Senate confirmation or their statutorily designated representatives.

Gardineer, who serves as Senior Deputy Comptroller for Compliance and Community Affairs at the Office of the Comptroller, follows Curry. During his tenure, Curry led the corporation as it managed and invested stakeholder funds that resulted in more than $27 billion of investment over the past five years in communities all across the United States by the NeighborWorks network.

About NeighborWorks America
For more than 35 years, NeighborWorks America, a national, nonpartisan nonprofit, has created opportunities for people to improve their lives and strengthen their communities by providing access to homeownership and to safe and affordable rental housing. In the last five years, NeighborWorks organizations have generated more than $27.2 billion in reinvestment in these communities. NeighborWorks America is the nation's leading trainer of community development and affordable housing professionals.

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