Nancy O. Andrews, President and CEO
Ms. Andrews is the President and Chief Executive Officer of the Low Income Investment Fund (LIIF), a Community Development Financial Institution. Ms. Andrews serves on numerous community development and environmental boards and committees, including Bank of America’s National Community Advisory Council, Morgan Stanley’s Community Development Advisory Committee, Capital One’s Community Advisory Council, and the National Housing Law Project. She was also previously a member of the Federal Reserve Board’s Consumer Advisory Council.
Ms. Andrews’ 30 years in community development include positions as Deputy Director of the Ford Foundation’s Office of Program Related Investments and Chief Financial Officer of the International Water Management Institute, a World Bank-supported development organization. Ms. Andrews also consulted for the Department of Housing and Urban Development and the Department of Treasury during the Clinton administration. She received an M.S. in Urban Planning with a concentration in Real Estate Finance from Columbia University.
Kimberly Latimer-Nelligan, Chief Operating Officer & Executive Vice President, Community Investment Programs
Ms. Latimer-Nelligan is LIIF’s COO & EVP, Community Investment Programs and is responsible for oversight of LIIF’s Community Investment Programs (CIP) which includes the national lending and New Markets Tax Credit business, programs and risk management. Under Ms. Latimer-Nelligan’s leadership LIIF has launched its Fresh Foods and Community Health Collaborative programs. CIP currently manages assets of approximately $500 million and deploys $200 million of capital annually. Ms. Latimer-Nelligan’s background in community development 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 Community Development. 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. In addition, she successfully organized and established Citi’s program in charter schools. Ms. Latimer-Nelligan serves as the Board Chair of the Community Reinvestment Fund. She also serves on the Boards of Raza Development Fund and the National Affordable Housing Trust. She received her B.A. from Hobart and William Smith Colleges and her M.B.A. from Columbia University.
Donald P. Lofe Jr., Executive Vice President, Chief Financial Officer and Chief Administrative Officer
Mr. Lofe leads LIIF’s Corporate Finance and Administration team which is responsible for entity-wide accounting and financial reporting, financial planning and analysis, capital management and analysis, treasury operations and services, rating agency management, investments and asset management, asset risk management (asset-liability matching policy) and the entity’s external insurance program, banking and investor relations management and reporting, tax reporting and compliance, regulatory compliance including federal, state, local and private program requirements, information technology, human resources and facilities administration. His team manages these functions for LIIF’s total managed and available capital of over $850 million. Don has over 30 years of experience serving a wide-range of public and private as well as domestic and international insurance, insurance related and financial services companies. Prior to joining LIIF, Don was Executive Vice-President, Chief Financial Officer and Chief Administrative Officer for The PMI Group, Inc., a domestic and international residential mortgage insurer and the Chief Financial Officer of a domestic start-up and early growth stage company providing fully automated and customized weather insurance and related technology products to the agriculture industry via its proprietary technology platform. Prior to these roles, Don was a Senior Vice-President for the CNA Financial Corporation, a large domestic and international property and casualty insurance company, where he was responsible for corporate-wide capital management and other related functions and a Partner with PricewaterhouseCoopers LLC (PwC). He also served as a member of PwC’s National Insurance Industry Chairman’s Leadership Group. He holds a BA in accounting and political science from Westminster College and an MBA in finance and business policy from The University of Chicago. He is a Certified Public Accountant (CPA) and a Chartered Global Management Accountant (CGMA). Don is a member of the Board of Trustees of Westminster College and a member of the American Institute of Certified Public Accountants.
Brian Prater, Executive Vice President, Strategy, Development & Public Affairs
Mr. Prater oversees LIIF’s federal policy shop, national fundraising, communications, knowledge sharing, transit-oriented development (TOD) and innovation functions. Previously, he led LIIF’s lending and program work in the Western Region, overseeing the San Francisco and Los Angeles offices, including all transactional work, TOD and green programs and state and regional policy. LIIF is partnering with Enterprise Community Partners to advance equitable TOD nationally, including program, planning, policy and transactional work. In March of 2013, Living Cities released a paper, “Filling the Equitable TOD Financing Gap,” co-authored by Mr. Prater and Melinda Pollack from Enterprise.
Prior to joining LIIF in 2008, Mr. Prater was a Senior Vice President and Team Leader in Community Development Banking with Bank of America in San Francisco and was responsible for the Northern California and Nevada markets. He also spent seven years with the Local Initiatives Support Corporation and three years with the New York City Housing Authority. Mr. Prater has Master’s degrees from Columbia University (School of International and Public Affairs) and Syracuse University (S. I. Newhouse School), and a Bachelor’s degree from Illinois State University.