December 10, 2024
Contact: Cherri Sinclair
202.293.9857
csinclair@naahl.org
NAAHL Welcomes New Board Members from Federal Home Loan Bank of
San Francisco and Housing Trust Silicon Valley
Esteemed leaders Alanna McCargo of Federal Home Loan Bank of San Francisco and Noni Ramos of Housing Trust Silicon Valley bring their expertise to Board of Directors
Washington, D.C. — December 10, 2024 — The National Association of Affordable Housing Lenders (NAAHL) is pleased to announce that Alanna McCargo, President of the Federal Home Loan Bank of San Francisco, and Noni Ramos, CEO of Housing Trust Silicon Valley, have joined the organization’s Board of Directors. Their deep expertise and leadership in affordable housing finance will be instrumental in advancing NAAHL’s mission to expand access to affordable housing and promote equitable community development.
“We are excited to welcome Alanna and Noni to our Board,” said Doug Schaeffer, Chair of the NAAHL Board of Directors. “These leaders bring a wealth of experience and an unwavering commitment to tackling the affordable housing crisis. Their insights and experienced leadership will be invaluable as we continue to advocate for bipartisan policies that support the finance and development of affordable housing across the country.”
Alanna McCargo has a distinguished career in housing finance having previously served as President of the Government National Mortgage Association (Ginnie Mae), Senior Advisor for Housing Finance at the U.S. Department of Housing and Urban Development (HUD), and in key banking leadership and housing roles at JP Morgan Chase and Fannie Mae. As President and CEO of the Federal Home Loan Bank of San Francisco, McCargo works with her team to increase the Bank’s impact, empower its members, and support housing affordability, liquidity, and community development across Arizona, California, and Nevada.
“I look forward to working with the NAAHL board to further its mission of fostering greater investment in affordable housing, and to represent the crucial role the FHLBanks play in the housing finance and affordable lending ecosystem,” McCargo stated.
Noni Ramos is an accomplished leader with over three decades of experience in affordable housing development and community investment, including serving in various senior leadership roles with Enterprise Community Loan Fund and the Low Income Investment Fund. As CEO of Housing Trust Silicon Valley, Noni is at the forefront of creating innovative financing solutions to support affordable housing in California’s greater Bay Area region, one of the nation’s most expensive housing markets. Under her leadership, Housing Trust has successfully used transformative housing finance and public and private partnerships to create more equitable and affordable communities.
“I am honored to join the NAAHL Board and collaborate with other leaders in the affordable housing space to advance policies that ensure housing stability for all Americans,” said Ramos. “Together, we can create innovative opportunities to drive change and create more affordable housing opportunities in communities that need it most.”
The new board members join NAAHL at a pivotal time as the organization focuses on advancing innovative financing solutions, boosting affordable housing supply, and fostering effective public private partnerships.
“As we head into 2025, we need to be resourceful, innovative, and collaborative as ever in order to drive solutions to scale for the communities we serve,” said Sarah Brundage, President and CEO of NAAHL. “With their knowledge and experience, I am confident that Alanna and Noni will help us meet the moment.”
About National Association of Affordable Housing Lenders
NAAHL is the only national alliance of banks, CDFIs, and other capital providers dedicated to expanding economic opportunity by financing affordable housing and neighborhood revitalization. NAAHL has worked to advance responsible community reinvestment, fight predatory lending, and strengthen public-private partnerships.
For more information, visit www.naahl.org.
