SHALLOTTE—Local retired banker Paul Kennedy has been elected to the National Council of State Housing Boards (NCSHB), which represents housing finance agency boards across the country. Prior to his retirement, Kennedy spent 40 years in executive banking, most recently in Greensboro.
Kennedy also currently serves on the Board of Directors of the North Carolina Housing Finance Agency, a self-supporting public agency that has financed $21.2 billion of affordable homes and apartments.
He was elected to the NCSHB during the National Council of State Housing Agencies’ annual meeting in Austin, TX, October 14–16. NC Housing Finance Agency Board of Directors Chair Gene Davis was also elected as NCSHB president during the meeting.
The North Carolina Housing Finance Agency, a self-supporting public agency, has financed 269,000 homes and apartments since its creation in 1973.