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The nation's oldest and largest lender of community development loans to African-Americans has a new CEO.
Aisha Benson will take over at the Nonprofit Finance Fund in New York City on Aug.
8, the Boston Globe reports.
"Aisha is the right leader at the right time to support NFF's efforts to help mission-driven organizations achieve communities' aspirations," says Henry Ramos, chair of the NFF board.
"Her vision, experience, and relationships are an exciting match as NFF continues its tremendous growth."
Before joining NFF, Benson served as executive vice president and COO at TruFund Financial Services, where she was responsible for developing strategy, securing new business, fundraising, and overseeing lending and tax credit services, per a press release.
"We believe that alongside others we must build a more equitable and just social sector, and are committed to helping community-centered organizations led by and serving people of color access the money and resources they need to realize their communities' aspirations," says Ramos.
The 42-year-old will be the third permanent CEO and president of NFF, which was founded in 1971 and has loaned more than $1 billion to more than 3,500 community organizations across the US, per the press release.
NFF's loan portfolio has increased by
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