Local Retired Banker Elected Second Vice President of National Council of State Housing Boards

Valerie Sciacca
A newspaper that says "Press Release" on it

RALEIGH—Shallotte-based retired banker Paul Kennedy has been elected second vice president of the National Council of State Housing Boards (NCSHB), which represents housing finance agency boards across the country and provides educational and training opportunities to help them govern most effectively. This is continuation of his Board service following last year. NCSHB Board officers are voted on by the board members of the member state housing finance agencies in conjunction with the National Council of State Agencies’ Annual Conference.

Prior to his retirement, Kennedy spent his 40-year career in executive banking. He also currently serves on the Board of Directors of the North Carolina Housing Finance Agency, a self-supporting public agency that has financed $31.9 billion in affordable homes and apartments since its creation.  

The North Carolina Housing Finance Agency is a self-supporting public agency that provides safe, affordable housing opportunities to enhance the quality of life of North Carolinians. Since its creation by the General Assembly, the Agency has financed more than 310,700 affordable homes and apartments, totaling $31.9 billion. To learn more about the Agency and its programs, visit www.HousingBuildsNC.com. 

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