NCUA Board member Deborah Matz was named as vice chair of the Neighborhood Reinvestment Corp., a not-for-profit organization that promotes investment in inner cities and low-income communities.
Matz was instrumental in convincing New Hampshire credit unions to dedicate $35 million last year to NRC's NeighborWorks program providing mortgage funding for low- and moderate-income homebuyers.
The board of NRC is chaired by Federal Reserve Board Governor Edward Gramlich and includes representatives from other federal financial regulators, including FDIC, Office of Thrift Supervision, Department of Housing and Urban Development, and Comptroller of the Currency.
