CHICAGO and NEW YORK, April 1, 2019 /PRNewswire/ -- Continuing National Equity Fund, Inc.'s commitment of creating a path to leadership for its female employees, it announced the promotion of Emily Chen to regional vice president overseeing its East region.
Chen first joined NEF in 1999, working in its Seattle-based acquisitions group as an originator until 2009, before returning in 2016 to reclaim her role as an originator on the opposite coast in New York City.
Previously, Chen served as a national director at LISC, where she launched and managed its inaugural healthcare investment platform, the $200 million impact-driven Healthy Futures Fund.
"We are fortunate to have someone who has focused her entire professional career on mission-driven activities to advance the interest of and improve quality of life for the most disenfranchised and underserved in the United States," said NEF senior vice president of originations, Mike Jacobs. "Chen has been a tremendous asset to the originations team and will continue delivering quality results."
"It is exciting to take on this leadership role at a time when we're expanding into new markets. We will build upon the strong foundation we have established throughout the East Coast and nurture our current relationships while growing new partnerships. I'm fortunate to work with a team that has a proven track record of aligning mission with impressive production of quality affordable housing, and I look forward to contributing to NEF's future success. The possibilities are endless," commented Chen.
Chen currently serves on the Advisory Board of the NYC-based Citizens Housing and Planning Council and previously worked in various advisory capacities in the housing and healthcare arenas. A first-generation immigrant, Ms. Chen now makes her home in Brooklyn with her husband and two young boys.
About National Equity Fund, Inc.
Chicago-based nonprofit, National Equity Fund, Inc., is a leading syndicator of low-income housing tax credits (LIHTC) and an affiliate of the Local Initiatives Support Corporation. NEF has played an integral role in creating affordable housing options, revitalizing communities and strengthening local economies for more than 30 years. Through its partnerships with developers and investors, it has invested $15.3 billion in 2,687 LIHTC developments, creating 176,804 affordable homes for low-income individuals and families as well as 215,701 jobs nationwide. For more information, go to www.nefinc.org.
Contact: Tina Belanger
National Equity Fund, Inc.
SOURCE National Equity Fund