STAFF

EXECUTIVE TEAM

Nancy O. Andrews, President and CEO
Ms. Andrews' background spans 30 years in the community development finance field. She served as the Deputy Director of the Ford Foundation's Office of Program Related Investments, where she managed a $130 million social investment portfolio. In this capacity, she made investments in leading community development financial institutions. She also designed and launched the Foundation's housing grant program, which focused on national housing policy issues as well as capital markets. Following her tenure at the Ford Foundation, Ms. Andrews was the Chief Financial Officer of the International Water Management Institute, a World Bank-supported international development agency in Sri Lanka with offices in ten countries. There she directed financial and administrative operations, supervising 70 employees. Ms. Andrews has been an independent consultant specializing in community development, social investment programs, financial analysis and housing policy. Consulting assignments have included projects with the Department of Housing and Urban Development, assisting in the restructure of the $18 billion multi-family mortgage portfolio, and with the Department of Treasury serving on the blue ribbon awards panel of the Community Development Financial Institutions Fund. Ms. Andrews received a M.S. in Urban Planning from Columbia University, with a concentration in Real Estate Finance.

Art Fatum, Chief Financial Officer and Executive Vice President of Capital Markets
As CFO, Mr. Fatum oversees LIIF’s financial management, accounting, treasury, technology, human resources activities and major capital raising initiatives. Mr. Fatum comes to LIIF with over 30 years experience in financial services, internet and media, high-tech manufacturing, and information services, including spending the first half of his career at General Electric. He has been CFO of one private and two public companies, has held Division President, Chief Operating Officer and Chief Corporate Officer roles, and has led several businesses based outside the US. He holds a BS in Mathematics from SUNY at Cortland and is a graduate of GE’s Executive Management Development Institute.

Kim Latimer-Nelligan, Chief Operating Officer
Ms. Latimer-Nelligan is LIIF's chief operating officer, and responsible for oversight of LIIF's lending production, risk management, new strategic initiatives and new programs. Ms. Latimer-Nelligan's background in community capital is extensive. Before joining LIIF in July 2008, she was with Citibank for over 20 years. Most recently Ms. Latimer-Nelligan served as the Managing Director of National Lending and Investments, overseeing a $3 billion business within Citibank's Community Development department. During Ms. Latimer-Nelligan's tenure at Citibank, Citi's national lending, structured finance and equity investments for community development were consolidated under her leadership where she doubled Citi's annual volume in Low Income Housing Tax Credit investments in just two years. She went on to develop Citi's New Market Tax Credits program into an industry leader. In addition, she successfully organized and established Citi's program in charter schools, and led it to become one of the largest in the United States. Ms. Latimer-Nelligan serves on the Board of Directors for La Raza and the Community Reinvestment Fund (CRF) as Vice Chair. She received her B.A. from Hobart and William Smith Colleges and her M.B.A. from Columbia University.

LENDING