People & Places: Joan Carty

December 19, 2007; As originally appeared in The Advocate

Joan Carty, president and chief executive officer of the Housing Development Fund in Stamford, has been appointed to the board of directors of the Federal Home Loan Bank of Boston as a public interest director. Previously, Carty served on the bank’s advisory board. She will serve a two-year term starting next month.

Carty has served as president and chief executive officer of the housing fund since 1994.

The non-profit bank is an advocate for the creation of more affordable housing and a source of financing for affordable housing in the high-cost Connecticut market.

The Federal Home Loan Bank of Boston supports the residential-mortgage and community-development lending activities of more than 450 financial institutions in New England.

Before the housing fund, Carty was executive director of Bridgeport Neughborhood Fund of Bridgeport and Neighborhood Preservation Program of Stamford; and Neighborhood Housing Services of Brooklyn in New York.

Carty law degree from Fordham University; a master's degree in urban affairs from Hunter College/The City University and a bachelor of fine arts degree from College of New Rochelle. She lives in Bridgeport.

HDF was founded in 1989 and has expanded to serve all of southwestern Connecticut from its Stamford headquarters and a Danbury office.