National Equity Fund

NEF Welcomes Vicky Arroyo to its Board of Directors

July 22, 2022

Vicky Arroyo has joined the National Equity Fund Board of Directors. Currently, Arroyo is the president and COO of The Resurrection Project, a Chicago-based nonprofit organization dedicated to community investment through innovative development and advocacy services.

Arroyo’s extensive background spans commercial real estate, mortgage lending and Low-Income Housing Tax Credit (LIHTC) financing. Prior to joining The Resurrection Project, Arroyo worked diligently at banks such as BMO Private Banking and MB Financial Bank to develop strategies and fulfill their Community Reinvestment Act investment goals. While at those banks, Arroyo worked with NEF as a limited partner on multiple deals and managed the banks’ charitable efforts, employee volunteer initiatives and special loans programs, creating sustained community impact.

“I am thrilled to have been appointed to the NEF Board after having worked closely with the organization for more than 15 years across both of my career tracks in banking and the nonprofit affordable housing developer space,” said Arroyo. “Transitioning from the lender side to the developer side has provided me insight to the challenges that affordable housing developers face every day, especially as inventory is low, resources are competitive and often complex, prices of construction are skyrocketing and community needs are not being met. I hope to provide a ‘boots-on-the-ground’ perspective so that NEF can be part of the solution in the industry.”


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