11/24/2009, 10:07 a.m.
Governor Deval Patrick announced the appointment of Boston business and civic leader Ron Homer as chair of the Massachusetts Housing Finance Board. Homer has been a member of the MassHousing board for the last year, and replaces current chair Mike Dirrane, a 16-year member of the board whose term expired in September.
MassHousing is an independent, quasi-public agency created in 1966 and charged with providing financing for affordable housing in Massachusetts. Since its inception, MassHousing has provided more than $5.6 billion for rental housing and more than $4.8 billion for home-ownership.
Homer is now the president and managing director of Access Capital Strategies, an asset management company that he co-founded in 1997 and was acquired by the Royal Bank of Canada in 2008. Prior to Access Capital, Ron was the president and chief executive officer of the Boston Bank of Commerce (BBOC), New England’s largest minority-owned financial institution.
“I look forward to working with my fellow board members and the MassHousing team as we continue to navigate through this unsettled period in the housing finance market and find ways to enhance the availability of quality affordable housing to all residents of the Commonwealth,” said Homer.
Ron received a BA from the University of Notre Dame and an MBA from the University of Rochester. He also holds honorary degrees from the University of Massachusetts-Boston and Cambridge College.