Tiena Johnson Hall is the new Executive Director of the California Housing Finance Agency
SACRAMENTO, Calif .– (COMMERCIAL THREAD) – The California Housing Finance Agency (CalHFA) will have a new executive director, as Tiena Johnson Hall was appointed by Gov. Gavin Newsom on Monday.
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 at the helm 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 work to expand mortgage assistance, increase homebuyers and donate. 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 was a formative experience that decided her. 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 an excellent overview of 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 fair 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 home buyers 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 operating 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).