Conrad Egan Named Chairman of the Board at CPDC
WASHINGTON, D.C., March 12 – Community Preservation Development Corporation (CPDC), a nonprofit organization that revitalizes and creates affordable communities throughout the mid-Atlantic region, today announced veteran housing and community development policy advocate Conrad Egan as chairman of its board of directors. Former head of the Congressional Millennial Housing Commission, chair of the Fairfax County Housing and Redevelopment Authority, and president of the National Housing Conference, Egan has led housing policy and advocacy efforts in both private and public capacities for more than 50 years.
“Conrad has energized the affordable housing industry with his thoughtful and dedicated leadership for five decades,” said J. Michael Pitchford, president and CEO of CPDC. “He has been an organizer, a developer, and an influencer of policy during times when the need for affordable housing was gaining national attention. We are honored that he will now help guide our organization as the country moves to an unprecedented era where communities are struggling to maintain affordable homes that are close to public transportation, jobs, and opportunities,” he continued.
Egan replaces former CPDC board chair Larry Dale, who served in that role for seven years. Egan is the immediate past chairman and current board member of the Open Door Housing Fund, a community development financial institution (CDFI) dedicated to preserving affordable homes. Additionally, he co-chairs the Fairfax County Affordable Housing Advisory Committee after being appointed by the Board of Supervisors to provide advice on how to best support affordable homes in northern Virginia.
“I have long admired CPDC as one of the leading affordable housing preservation and development organizations in the region,” said Egan. “I am looking forward to working with Michael and the rest of the CPDC board on comprehensive neighborhood revitalization efforts for families and communities in need of affordable housing and services.”
Also recently appointed to the CPDC board of directors are Lee P. Reno, founding member of the national community development law firm Reno & Cavanaugh, and Phyllis Caldwell, who will join long-standing board member John Reilly as one of two vice chairs. Caldwell, formerly with the U.S. Department of Treasury, where she oversaw the Obama Administration’s Making Home Affordable Program, has held leadership positions at the Washington Area Women’s Foundation, Bank of America, Citicorp and Ernst & Young. Reilly founded Reilly Mortgage Corporation, which he sold to Perpetual Savings Bank at a time when it had approximately $5 billion dollars in multi-family mortgage servicing. Stepping down from two years as vice chair and remaining on the board is Linda Cropp, former at-large D.C. City Council Member and budget committee chair of the Washington Metropolitan Area Transit Authority (WMATA).
ADDITIONAL BIOGRAPHICAL INFORMATION
Egan started his career in the mid-1960s working in and around Detroit on local housing initiatives. For the next 20 years, he held field and administrative roles within the U.S. Department of Housing and Urban Development (HUD), including positions in San Francisco, the Midwest and Washington, D.C. In 1986, he became the executive vice president of the National Housing Partnership, which at the time was the largest owner of affordable rental homes in the nation. During the Clinton Administration, Egan returned to HUD for three years under Secretary of HUD Henry Cisneros. Egan joined the National Housing Conference (NHC) in 1997 as the director of policy.
While with NHC, he was appointed the executive director of the Congressional Millennial Housing Commission, which was established by the United States Congress to recommend ways to better support good housing for all Americans. He returned to NHC in 2002 as president and CEO, a position he held until he retired in 2010.
A premier developer of affordable housing in Washington, D.C., Maryland and Virginia, Community Preservation and Development Corporation (CPDC) works to develop vibrant communities through innovation and partnership. The organization currently owns over 4,500 dedicated affordable apartments within more than 25 communities, with resident engagement programs at many of its properties serving more than 9,000 residents. More about the company is available at www.cpdc.org.