News: Owners Developers & Managers

MacDonald joins NeighborWorks as chief financial officer

Christine MacDonald

Quincy, MA NeighborWorksHousing Solutions (NHS), the leading housing service provider in southern Massachusetts, has named Christine MacDonald as chief financial officer.

In this executive role, she will continue to lead the financial department of NHS, allowing the non-profit organization to grow and deliver on its mission to develop, build, and manage safe and affordable homes, and provide housing resources and education in collaboration with its partners in the public and private sectors. MacDonald will manage the complex multiple revenue streams, and also manage the financial reporting to various stakeholders, including the board, federal, state, and private funders. 

MacDonald joins NHS with more than 23 years of experience in public practice as a director, providing auditing and consulting services for nonprofit community development corporations and health and human service organizations in conjunction with their for-profit affordable rental real estate entities. She brings significant knowledge in nonprofit accounting.

 and will help position the organization financially for future growth and expansion. 

“I am really excited to be part of NeighborWorks Housing Solutions,” said MacDonald. “It is an honor to be able to apply my knowledge and skills to an incredible nonprofit that makes real change in our community.”

A graduate of Stonehill College with a BSBA in accounting, MacDonald is a Certified Public Accountant (CPA) and is well known within the Low-Income Housing Tax Credit (LIHTC) and affordable housing industries.

“What a pleasure it is to have Christine on board in the executive role of CFO,” said Robert Corley, CEO of NeighborWorks Housing Solutions. “Her professional background, communication skills, leadership style, and thorough understanding of the affordable housing industry make her the ideal individual to fill this pivotal role within our organization.”

MORE FROM Owners Developers & Managers

Elm Grove Companies breaks ground on $20 million - The Rapids On Cocheco

Rochester, NH Real estate development firm, Elm Grove Companies, has started construction of The Rapids On Cocheco, an approved 52-unit workforce housing community at 29 Wadleigh Rd. This will be the company’s ninth venture in the affordable housing arena with other affordable properties in the state totaling 430 apartments
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Recently passed legislation creates opportunities to meet CT’s changing energy needs - by Klein and Feinn

Recently passed legislation creates opportunities to meet CT’s changing energy needs - by Klein and Feinn

For decades, New England has had a summer-peaking power system, where the greatest energy use occurs on the hottest and most humid days, due to widespread use of air conditioning. But by the mid-2030s, electrification of the heating sector likely will result in a winter peak that’s higher than the summer peak.
IREM President’s Message: Fostering community connections during the holiday season

IREM President’s Message: Fostering community connections during the holiday season

The holidays are again taking center stage, and with them comes an opportunity for multifamily communities to connect with the businesses and organizations in their cities and towns, fostering a sense of unity and generosity during this giving season
Selecting the right façade installation firm - by Steven Powell

Selecting the right façade installation firm - by Steven Powell

As the owner of a major new property being developed, or an existing large building preparing for major renovation, you want your design and construction team to have the right experience, capabilities, and expertise to match the project demands. A critical member of this team will be the façade installation specialty firm, since the quality of this installation will impact