New Hampshire Community Loan Fund Appoints New Chairman / CEO
March 3, 2021
CONCORD – The Board of Directors of the New Hampshire Community Loan Fund is pleased to announce the appointment of Steve Saltzman as President / CEO. He is only the second CEO in the 38-year history of the Community Loan Fund, succeeding Juliana Eades, who retired in June 2020. Saltzman will begin in early April.
The Board conducted an extensive research process in accordance with its succession plan. The process was supported by a consultant specializing in the area of community development finance institutions (CDFIs) and, with a fully engaged board of directors, included the area of CDFI at the national level and nonprofit leaders at the local level. .
“Thanks to Julie’s long tenure and the skillful management of John Hamilton over the past year, the Community Loan Fund is strong and vital,” said Betsy McNamara, Chair of the Loan Fund Board of Directors. community.
“Steve brings with him a dynamic sense of possibility,” McNamara said. “He has a proven track record of innovating while genuinely respecting the core strengths and culture of an organization. We are confident that he will build on the legacy of the work of the Community Loan Fund while bringing his national perspective and experience to the task.
Saltzman’s experience ranges from leading several programs in one of the largest national CDFIs, Self-Help Credit Union, to remarkable and innovative, community-based success as CEO of Charleston (SC) LDC , a smaller CDFI. Saltzman looks forward to working with the Community Loan Fund because of its mission, deep local impact, and national reputation.
“I am honored to join the NH Community Loan Fund team,” said Saltzman. “The entire community of community development finance, which now numbers 1,100 organizations, owes a great intellectual debt to the pioneering work of the Community Loan Fund and its founding president, Julianna Eades. I look forward to working with the 50-member fund team, and loyal donors and investors, to continue this proud tradition of innovation. “
Saltzman will have the benefit of working with a seasoned management team that has an average tenure of 20 years and program directors imbued with the work, history and culture of the Community Load Fund. It also takes over a very solid organization financially, attributable to its staff and the deep involvement of its investors, donors and community partners.
Saltzman will be presented to supporters and stakeholders of the Community Loan Fund at an upcoming online meeting.
About the New Hampshire Community Loan Fund
The Concord-based New Hampshire Community Loan Fund turns investments into loans and education to create opportunity and transform lives. It works with a wide range of donors and investors, as well as business, nonprofit and government partners, to provide the funding and support people need to have affordable housing, have jobs and jobs. quality and childcare services, and become financially independent. Established in 1983, the Community Loan Fund was one of the country’s first community development finance institutions and has received industry awards and recognition for its social impact, financial strength, and performance. www.communityloanfund.org
This press release was produced by the Greater Portsmouth Collaborative Chamber. The opinions expressed are those of the author.