BRIDGE's Galante Heads to HUD
Carol Galante, the longtime president and CEO of BRIDGE Housing Corp., has been appointed deputy assistant secretary for multifamily housing programs at the Department of Housing and Urban Development (HUD).
She will be responsible for HUD's financing support for the development and preservation of privately owned rental housing (a current portfolio of more than $58 billion) and will be integral to several new initiatives that promote sustainable development.
Galante joined BRIDGE as vice president in 1987 and was named president in 1996. San Francisco-based BRIDGE is the largest nonprofit developer of affordable housing in California.
The organization's board has asked Lydia Tan, executive vice president, to serve as interim president. Board Chairman and co-founder Rick Holliday will oversee the recruitment of the next CEO. Consultant Helen Dunlap has been retained to guide BRIDGE through a strategic planning process and executive search.
She will be responsible for HUD's financing support for the development and preservation of privately owned rental housing (a current portfolio of more than $58 billion) and will be integral to several new initiatives that promote sustainable development.
Galante joined BRIDGE as vice president in 1987 and was named president in 1996. San Francisco-based BRIDGE is the largest nonprofit developer of affordable housing in California.
The organization's board has asked Lydia Tan, executive vice president, to serve as interim president. Board Chairman and co-founder Rick Holliday will oversee the recruitment of the next CEO. Consultant Helen Dunlap has been retained to guide BRIDGE through a strategic planning process and executive search.
posted by Donna Kimura at 3:02 PM
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