HDC Leadership

Mathew Wambua

MATHEW M. WAMBUA, Commissioner of the NYC Department of Housing Preservation & Development, most recently served as Executive Vice President of Real Estate and External Relations for the New York City Housing Development Corporation (NYCHDC) since February of 2008. Prior to his appointment, Mr. Wambua also served as the Vice Chairperson of NYCHDC’s Board of Directors, dating back to May of 2006.

From November of 2004 through February of 2008, Mr. Wambua held the position of Senior Policy Advisor for the New York City Deputy Mayor of Economic Development, where he coordinated and oversaw a citywide portfolio of economic development agencies, boards and commissions. His portfolio also included oversight of all economic development initiatives within upper Manhattan and the Bronx, including large-scale urban planning initiatives and significant public-private commercial real estate development projects.

In his capacity as a Senior Advisor at the Mayor’s office, Mr. Wambua’s duties required him to serve as the Director of the Mayor's Office of the New York Empowerment Zone, as well as proxy for the Deputy Mayor of Economic Development on a number of boards, including the NYC Economic Development Corporation’s Executive Board of Directors, and the NYC Industrial Development Corporation’s Board of Directors.

Marc Jahr

MARC JAHR was appointed President of the New York City Housing Development Corporation (“HDC”) in December, 2007.

Prior to joining the Corporation, Mr. Jahr was Citi Community Capital’s New York Metropolitan Area Market Director. At Citibank, he supervised its community development real estate lending group and was responsible for its affordable rental housing and home ownership lending programs in the metropolitan New York area.

In 2007, his group originated over $900MM in loans and letters of credit. Before joining Citibank, Mr. Jahr held various senior positions at Local Initiatives Support Corporation including New York Equity Fund Manager, New York City Program Director and Program Vice President.

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