JUDD LEVY

Board Member

Judd Levy

Judd Levy began his career in community development finance 40 years ago when he joined the New Jersey Mortgage Agency as Deputy Director in 1973. Over the next five years he introduced the state’s first home improvement loan program and a mortgage purchase program for affordable single-family mortgages. In 1978 he was hired by Merrill Lynch to start a Housing Finance Department. Within seven years Merrill Lynch became the leading underwriter of tax-exempt housing bonds serving as lead manager for state HFAs in New York, Illinois, California, Hawaii, Maryland, Texas, Florida, Maine and Michigan. In 1988 Levy retired from Merrill Lynch and moved to Vermont where he and his wife purchased The Vermont Inn, a 19-room country inn in Killington. While living in Vermont he served as a member of the Board of Directors of Housing Vermont, the state’s tax-credit syndicator. In 1995 Levy returned to New York where he created the Community Development Trust, (CDT) the country’s first Real Estate Investment Trust (REIT) devoted solely to providing debt and equity capital for community development projects, retiring as President and CEO in 2008. From 2006-2011 Mr. Levy served under three governors as Chairman of the Board of Directors of the State of New York Mortgage Agency and the New York Housing Finance Agency. For the past 15 years he has served as the pro-bono advisor to Habitat and assisted in securitizations that have provided over $200 million for more than 270 local Habitat affiliates throughout the United States. He also served as an advisor to Habitat on an international micro-lending program for small business. Mr. Levy is currently a member of the Board of Directors of Enterprise Community Investment