Virginia Housing Board of Commissioners Name Leadership Positions

RICHMOND, Va., Sept. 12, 2025 /PRNewswire/ -- Virginia Housing's Board of Commissioners recently elected officers at its September meeting. Sarah Barrie Stedfast of Virginia Beach has been re-elected to serve as chair, and Davon Gray of Manassas has been selected as vice chair.

"I applaud our newly elected board leadership, and I am grateful for their dedication to our mission as their leadership will be instrumental in creating lasting impact and opportunity for the people and places we serve across Virginia," said Virginia Housing CEO Tammy Neale.

Sarah Barrie Stedfast is the Venture President at RW Towne Mortgage in Norfolk, Virginia. She has over 30 years of experience in the mortgage industry. Stedfast earned her Certified Mortgage Banker designation, holds a Virginia Real Estate Salesperson's license and received a bachelor's degree in business finance from Virginia Tech. Stedfast has served as chair of the Virginia Housing Board of Commissioners since August 2024.

Davon Gray is the Vice President of Policy for Purpose Built Communities. Gray has more than 25 years of experience in advocacy, political affairs and policy strategy. He previously worked for the American Institute of Architects in various capacities, including Managing Director of Advocacy and Engagement programs. Gray is a 12-year veteran of the United States Army National Guard and Reserves. He graduated from the University of Southern Mississippi with a bachelor's degree in political science, and he received his master's degree in public administration from DeVry University.

The Virginia Housing Board of Commissioners is responsible for guiding Virginia Housing by adopting policies, approving budgets and overseeing organizational operations. Board members are appointed by the governor and include the state treasurer and the director of the Virginia Department of Housing and Community Development. For more information about Virginia Housing's leadership team, visit VirginiaHousing.com.

About Virginia Housing
By investing in the power of home, Virginia Housing transforms where and how thousands of Virginians live and thrive, strengthening communities and the economy. Virginia Housing has worked for over 50 years in partnership with the public and private sectors to help Virginians attain quality, affordable housing. While receiving no state taxpayer dollars, Virginia Housing raises money in capital markets to provide mortgages to first-time homebuyers, financing for rental developments and neighborhood revitalization efforts. Virginia Housing invests in innovations in affordable housing and makes homes for people with disabilities and older Virginians more livable. Learn more at VirginiaHousing.com and review the most recent annual report.

SOURCE Virginia Housing