Local Developer Joins Federal Home Loan Bank of Dallas’ Affordable Housing Advisory Council
February 02 2018 - 1:11PM
Business Wire
The Federal Home Loan Bank of Dallas (FHLB Dallas) is pleased to
announce the recent appointment of Jim Petty to FHLB Dallas’ 2018
Affordable Housing Advisory Council (Advisory Council). His
two-year term began January 1, 2018 and will expire December 31,
2019.
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Local developer Jim Petty joined the
Federal Home Loan Bank of Dallas' Affordable Housing Advisory
Council, a 13-member group of professionals who advise FHLB Dallas'
Board of Directors on affordable housing and economic development
issues. (Photo: Business Wire)
Mr. Petty is the owner, president and CEO of Strategic Realty
Developers in Van Buren, Arkansas. Strategic Realty Developers is a
development and management company that develops, constructs,
manages and provides consulting services and affordable housing
solutions in Arkansas and Oklahoma. He was previously employed by
ERC Properties, Inc. from 1992 to 2007, where he held various
positions including his last position as executive vice president
and chief financial officer. Mr. Petty has been a panelist and
speaker at numerous industry conferences such as Novogradac &
Company CPAs and Spectrum Enterprises. He was president of the
Arkansas Society of CPAs where he also served two different terms
on the board and was recognized as the Outstanding CPA in Business
and Industry in 2003. He is currently a member of the Van Buren
City Council.
“My hands-on experience in developing, constructing, managing
and financing affordable housing in many states gives me a
perspective that is very much ‘real world’ in many ways,” said Mr.
Petty. “My experience and background has helped equip me to be a
real contributing member to the Advisory Council and it is my honor
to serve in this role.”
Greg Hettrick, first vice president and director of Community
Investment at FHLB Dallas, said Mr. Petty’s experience will make
him a valued contributor to the Advisory Council.
“The Advisory Council advises on topics that address the
community and economic development needs in our District,” said Mr.
Hettrick. “Mr. Petty’s expertise and unique perspective will be a
tremendous asset to the council.”
The Advisory Council is comprised of 13 representatives from
state, community and nonprofit organizations who advise FHLB
Dallas’ Board of Directors on affordable housing and economic
development issues. The remaining members of the Advisory Council
are:
- Chair Scott Spivey, executive
director, Mississippi Home Corporation, Jackson, Mississippi
- Vice Chair Tim Pierce, executive
director, South Plains Association of Governments, Lubbock,
Texas
- Angela Curry, executive
director, Greenwood-Leflore-Carroll Economic Development
Foundation, Greenwood, Mississippi
- Jeff Curry, director of
development, JL Gray Company, Las Cruces, New Mexico
- Michelle Den Bleyker, vice
president, YES Housing, Inc., Midland, Texas
- Matt Hull, executive director,
Texas Association of Community Development Corporations, Austin,
Texas
- Chris Monforton, chief executive
officer, Habitat for Humanity Gulf Coast, Gulfport,
Mississippi
- Karen Phillips, deputy director,
Crawford Sebastian CDC, Inc., Fort Smith, Arkansas
- Felipe Rael, executive director,
Greater Albuquerque Housing Partnership, Albuquerque, New
Mexico
- Samuel Sanders, executive
director, Mid City Redevelopment Alliance, Inc., Baton Rouge,
Louisiana
- Michelle Whetten, vice president
and impact market leader Gulf Coast, Enterprise Community Partners,
Inc., New Orleans, Louisiana
- Jacque Haas Woodring, chief of
staff, Prospera Housing Community Services, San Antonio, Texas
About the Federal Home Loan Bank of Dallas
The Federal Home Loan Bank of Dallas is one of 11 district banks
in the FHLBank system created by Congress in 1932. FHLB Dallas,
with total assets of $66.4 billion as of September 30, 2017, is a
member-owned cooperative that supports housing and community
development by providing competitively priced advances and other
credit products to approximately 840 members and associated
institutions in Arkansas, Louisiana, Mississippi, New Mexico and
Texas. Visit fhlb.com for more information.
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Federal Home Loan Bank of DallasCorporate Communications,
214-441-8445fhlb.com