CREA Hires Gary D. Rodney as Chairman

New York, NY, October 19, 2016 (Newswire.com) - CREA, LLC is pleased to announce that Gary D. Rodney has joined the company as Chairman. In this newly created position, he will be responsible for working with President and CEO, Jeffrey A. Whiting, as well as other key personnel to shape and execute the direction of the company.

Prior to joining CREA, Rodney was appointed and served as President of the New York City Housing Development Corporation (HDC); one of the nation’s most active Housing Finance Agencies and the largest municipal issuer of mortgage revenue bonds for affordable multi-family housing.  As HDC President, Rodney oversaw an agency that manages approximately $14 billion of assets, including a multifamily portfolio of over 190,000 units and approximately $10 billion in mortgage loans.

"CREA's reputation and success is a testament to the leadership of Jeff Whiting and the entire senior management team, I am excited to be joining such a remarkable organization, and look forward to working with the entire team to help CREA achieve even greater success."

Gary D. Rodney, Chairman

“CREA’s reputation and success is a testament to the leadership of Jeff Whiting and the entire senior management team,” said Rodney. “I am excited to be joining such a remarkable organization, and look forward to working with the entire team to help CREA achieve even greater success.”

Whiting said, “We are delighted to have Gary join CREA as his knowledge and experience will allow CREA to continue its strategic initiatives. I am looking forward to working alongside Gary as we continue the CREA story."

Rodney received his Bachelor of Arts degree from the University of Rochester and a Masters of Urban Planning from New York University’s Robert F. Wagner Graduate School of Public Service. He and his wife, Joan, currently live with their family in New York City.

About CREA, LLC

CREA, LLC (CREA) is a full-service tax syndicator specializing in low income housing tax credits (LIHTC) headquartered in Indianapolis, IN.  As one of the largest syndicators in the country, CREA provides equity to developers who acquire, construct and rehabilitate affordable housing throughout the United States. CREA has raised over $3.5 billion in equity from its investors and manages funds on their behalf.  CREA's goal is to provide developers and investors with the best possible service, capital, and resources, while simultaneously creating and providing high-quality affordable housing for individuals and families.

Source: CREA, LLC