CONTACT
Christopher Gil
Director of Strategic Communications and Influence
(415) 287-3197, cgil@liifund.org
FOR IMMEDIATE RELEASE
Chief Credit Officer Susan Hyman Announces Retirement from LIIF, Leaving Legacy of Fiscal Strength
A decade successfully managing risk for the national organization’s scaling portfolio
NEW YORK (Dec. 18, 2025) — The Low Income Investment Fund (LIIF) has announced that Senior Vice President, Chief Credit Officer Susan Hyman will be heading into retirement on March 1, 2026. Over the past decade, New York-based Hyman has managed the risk of LIIF’s scaling loan portfolio. Before her time at LIIF, Hyman honed her financial acumen by serving for 22 years as a senior banker at JPMorganChase; and for six years prior as a director at the New York City Department of Housing Preservation and Development.
“Susan’s leadership, mentorship and partnership have shaped the growth of LIIF’s lending platform and the development of our credit team,” said President Kimberly Latimer-Nelligan at LIIF. “Our organization is profoundly grateful for her contributions strengthening our portfolio while advancing capital to affordable housing, child care spaces, charter schools, health clinics and other vital community facilities.”
“Throughout her tenure, Susan has been a trusted steward of LIIF’s credit culture,” said Chief Financial Officer Panagiota Mahendru at LIIF. “Susan’s credit discipline and rigor have consistently placed LIIF among the best-performing community development financial institutions (CDFIs) and has been a key driver of our investment-grade credit rating.”
To ensure a seamless transition for borrowers, investors and partners, current Vice President, Credit Officer Ivan Levi has been selected to succeed Hyman as chief credit officer. Levi, also based in New York, joined LIIF in 2013 as a loan officer, originating construction, acquisition and predevelopment loans for affordable housing projects across the five boroughs. Levi has worked alongside Hyman for the past decade.
“Ivan was the clear choice to be LIIF’s new chief credit officer,“ said Chief Executive Officer Daniel A. Nissenbaum at LIIF. “In his current role as vice president, credit officer over the past four years, Ivan has provided critical support for a growing and increasingly complex portfolio, progressively tackling higher levels of credit authority during that time. He currently oversees a $600+ million portfolio of loans, plus manages our lending pipeline consistent with LIIF’s delegated credit-approval authorities.”
Prior to joining LIIF, Levi served as a senior underwriter at the Community Development Trust, building a solid foundation in community-development finance. Levi has a master’s in urban planning from Harvard University and a bachelor’s in sociology from Vassar College, reinforcing his deep grounding in both community development practice and policy.
“I am excited for this next chapter in my life,” said Hyman. “I am proud of my accomplishments over my career, with my time at LIIF allowing me to leave on a high note. I look forward to seeing Ivan Levi’s achievements as he takes on this key role, knowing he will adeptly manage LIIF’s loan portfolio moving forward.”
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About the Low Income Investment Fund
Low Income Investment Fund (LIIF) is a national community development financial institution (CDFI), headquartered in San Francisco with offices in New York City, Atlanta, Los Angeles and Washington, D.C., that invests in communities of opportunity, equity and well-being. As a CDFI, LIIF supports projects that have high social value but lack access to traditional financial institutions. Since 1984, LIIF has deployed more than $3.9 billion to serve 2.6 million people in communities across the country from its five offices. An S&P-rated organization, LIIF funds healthy communities by providing innovative capital solutions.
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Over the past decade, New York-based Hyman has managed the risk of LIIF’s scaling loan portfolio.