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NeighborWorks America’s Board Chooses New CEO

2 - Paul WeechNeighborWorks America announced the appointment of a new president and CEO, naming a longtime leader in the housing and community development field to the role.

Effective January 20, Paul Weech will take the reins at the organization, allowing Chuck Wehrwein, current acting president and CEO, to return to his position as COO.

Weech joins NeighborWorks America from the Housing Partnership Network, where he served as EVP for policy and external affairs. In his time there, he worked with leaders from 100 nonprofit housing and community development organizations to create a new direction for housing policy and practice.

"NeighborWorks America is fortunate to be able to turn to a seasoned executive like Paul who has a real passion for community development and sustainable housing," said Thomas J. Curry, comptroller of the currency and chair of NeighborWorks America's board. "Paul brings extraordinary experience and talent with him to this new job, and I look forward to working with him in this new role."

Prior in his career, Weech served as chief of staff at the U.S. Small Business Administration, staff director for the Housing Subcommittee of the Senate Banking Committee, and senior analyst for housing and credit for the Senate Budget Committee.

He also worked in a variety of mission-related roles in Fannie Mae's National Community Lending Center and Office of Corporate Strategy and served in a senior policy role for the Stewards of Affordable Housing for the Future.

"Stable and affordable housing is the foundation of strong communities," Weech said. "The work of NeighborWorks America and the NeighborWorks network to make homeownership and rental homes available and affordable for families, while engaging residents and training community development professionals, is vitally important to the fabric of our society. I am grateful to the NeighborWorks board for asking me to be part of that work."

About Author: Tory Barringer

Tory Barringer began his journalism career in early 2011, working as a writer for the University of Texas at Arlington's student newspaper before joining the DS News team in 2012. In addition to contributing to DSNews.com, he is also the online editor for DS News' sister publication, MReport, which focuses on mortgage banking news.
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