Markets Wired

ALEXANDRIA, Va. (August 6, 2020) – Today, National Credit Union Administration Chairman Rodney E. Hood announced the appointment of Board Member Todd M. Harper as the agency’s representative on the Board of Directors of NeighborWorks America, one of the nation’s leading affordable housing and community development organizations.

“I congratulate Board Member Harper on his selection to serve on the NeighborWorks America Board of Directors,” Chairman Hood said.  “NeighborWorks plays a vital role in fostering greater investments and increasing access to affordable housing in our nation’s most underserved communities and their mission today is as important as ever.”

In June, Board Member J. Mark McWatters requested that the NCUA prepare for his transition off the NeighborWorks America Board of Directors because his NCUA Board term expired.

“In serving on the NeighborWorks America Board, I am committed to ensuring that the organization fulfills its goals of building strong, resilient communities by providing people with opportunities to live in safe, healthy and affordable housing,” Board Member Harper said. “My work at NeighborWorks America will also build on my long-standing public policy goals of affordable housing, consumer financial protection, and economic equality and justice. I thank Chairman Hood for the designation, as well as Board Member McWatters for his prior service.”

The NeighborWorks America Board consists of representatives of financial regulatory agencies and the U.S. Department of Housing and Urban Development. Harper joins the following individuals on the NeighborWorks Board:

• Chair Martin Gruenberg, Member of the Board of Directors of the Federal Deposit Insurance Corporation;
• Vice Chair Michelle W. Bowman, Member of the Board of Governors of the Federal Reserve System;
• Grovetta Gardineer, Senior Deputy Comptroller for Bank Supervision Policy, Office of the Comptroller of the Currency; and
• Brian D. Montgomery, Deputy Secretary, U.S. Department of Housing and Urban Development.

For more than 40 years, NeighborWorks America has offered grant funding, peer-exchange, technical assistance, evaluation tools and access to training as the nation’s leading trainer of housing and community development professionals. Its network includes more than 240 members in every state, the District of Columbia and Puerto Rico. In the last five years, the organization has generated more than $40.2 billion in investment across the country. For more information, visit www.neighborworks.org (opens new window).