MSHA director re-elected to national board

AUGUSTA – The director of the Maine State Housing Authority has been elected to a second two-year term as a member of the board of directors of the National Council of State Housing Agencies.

“I am honored to have been elected to serve for the second time on this important board of directors,” said Finnegan. “My election is a tribute to the MSHA’s national leadership among state housing finance organizations and our organization’s long history of innovative solutions to housing problems.”

NCSHA members elected Finnegan to the board during the annual NCSHA conference this week.

NCSHA is a national organization representing the state housing finance agencies in Washington before Congress, the administration, and key federal housing agencies such as the Department of Housing and Urban Development.

NCSHA represents the housing finance agencies in all 50 states, and 350 affiliate organizations with an interest in affordable housing. The organization is instrumental in setting the national housing agenda. It has successfully worked with Congress to enact legislation that supports affordable housing initiatives, such as the federal Low Income Housing Tax Credit that housing finance agencies use to help finance low-income rental housing developments.

Finnegan has been director of MSHA since 2000. Before that he worked for 25 years in the private banking industry, most recently as KeyBank’s vice president and Northeast Manager of Community Development Finance.