JEFFERSON, LA – (RealEstateRama) — On Friday, July 15, 2016 Terry McCarthy was elected to serve as a member of the Board of Directors for the National Association of Local Housing Finance Agencies (NALHFA), located in Washington D.C. In the 36 years of the Jefferson Parish Finance Authority (JPFA) or Jefferson Parish, no one has ever served on this national board until now.
McCarthy is the first Executive Director for the Jefferson Parish Finance Authority since 2009 and has received The Single Family Excellence Award, a national honor which is presented at the annual NALHFA Conference. The JPFA Programs have also been chosen as a model for other Agencies throughout the country. In the past 36 years, the JPFA has helped over 13,000 families purchase a home in Jefferson Parish.
NALHFA was founded in 1982. The organization is the national association of professionals working to finance affordable housing in the broader community development context at the local level. As a non-profit association, NALHFA is an advocate before Congress and federal agencies on legislative and regulatory issues affecting affordable housing and provides technical assistance and educational opportunities to its members and the public. Members are city and county agencies, non-profits, and private firms, such as underwriters, consultants, financial advisers, bond counsel, and rating agencies, which help in producing housing from concept to completion.
