Several notable affordable housing leaders have announced their retirements.
William Pavao, executive director of the California Tax Credit Allocation Committee, announced today that he will leave state service in January 2015.
That coincides with the conclusion of state Treasurer Bill Lockyear’s second and final term.
Pavao has led California’s tax credit committee for nine years as part of Lockyear’s administration and the administration of former Treasurer Phil Angelides.
Scott Retires from The NRP Group
Alan F. Scott, a principal and co-founder of The NRP Group, retired in May. During his career, he developed more than 200 single-family and multifamily developments that include more than 23,000 units in 18 states.
Headquartered in Cleveland, The NRP Group ranked No. 1 on this year’s AHF 50 list of top affordable housing developers.
Scott sold his interests in NRP to his partners, J. David Heller and T. Richard Bailey. “While this was a very difficult personal decision, it was made easier by knowing that NRP will survive and thrive under David and Rick’s ownership,” he said in a statement. “NRP has assembled a great team, second to none, to carry out and execute the many exciting projects in its pipeline as well as manage its existing portfolio.”
A member of the National Association of Home Builders (NAHB) for more than 30 years, Scott is currently a NAHB senior life director and a member of its Federal Government Affairs and Resolutions Committee. He is also a life director of the Cleveland Building Industry Association and past president and life director of the Ohio Home Builders Association. Scott was the 2000 president of the Ohio Housing Council.
Scott will continue to serve on the NRP advisory board and will partner on various company projects, according to Heller.
Fate Retiring from CommonBond
Paul Fate is planning to retire as CEO of CommonBond Communities in St. Paul, Minn.
The move was announced earlier this year, but Fate has continued to lead the organization until a successor is named.
During his tenure, Fate led the first ever capital campaign, which raised more than $21 million and resulted in an endowment fund for CommonBond’s Advantage Centers of nearly $7 million. In addition, he oversaw an increase in flexible working capital resources from $2 million to $15 million and the organization recently purchased new headquarters space which will greatly improve operational capacity.
CommonBond was ranked No. 37 in this year’s AHF 50 list.
Fate has served as CEO for seven years.
The next chapter in his life will likely include consulting, teaching and writing.
Holston Retires from Fort Worth Housing Authority
Fort Worth Housing Authority (FWHA) President and CEO Barbara Holston announced her retirement this month after 23 years at the agency.
In recognition of her longstanding effort, the Barbara Holston Educational Fund is being established in her honor to provide assist individuals in FWHA housing programs pursue academic and vocational training.
The FWHA Board of Commissioners has selected Naomi Byrne, COO of the Pittsburgh Housing Authority, to succeed Holston.
“I have had an amazing career addressing the housing needs of so many,” Holston said. “It’s truly been an honor and privilege to lead an organization that is totally committed to improving the living environment and quality of life for individuals and families in our community. I am optimistic about FWHA’s future and anticipate greater success from the exceptional staff of employees I’m leaving behind.”
