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Chrystal Kornegay

Chrystal Kornegay

Executive Director

$468M

Financed

16

Closed

381K

Area

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FINANCED
LENDER
Chrystal Kornegay Of MassHousing & TD Bank Secures $40.6M Loan For 24 Webster Avenue Development
Dev Site
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FINANCED
LENDER
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Broadway Capital Secures $9.4M Construction Loan For The Quinn Residences In Chelsea, MA
Dev Site$388 PPSF24.2K sqf
Chrystal Kornegay
Mike Vienneau
+ 1
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FINANCED
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About

Chrystal Kornegay currently serves as Executive Director of MassHousing which lends over $1 billion annually to produce and preserve affordable rental housing and create homeownership opportunities for low- and moderate-income borrowers. Under Ms. Kornegay's leadership, MassHousing launched a highly successful Down Payment Assistance program; secured over $80 million to expand its Workforce Housing initiative; and developed a nationally recognized program for homeownership production in communities of color. Before joining MassHousing, Ms. Kornegay served as the Baker-Polito Administration’s Undersecretary for Housing and Community Development where she successfully advocated to increase state capital dollars for affordable housing by almost 18%; partnered to increase rental subsidies for low income families by 42%; and collaborated to dramatically reduce the number of homeless families in motels. Prior to her work as Undersecretary, Ms. Kornegay was President and Chief Executive Officer at Urban Edge, one of New England’s largest community development corporations. She is credited with leading the organization’s financial transformation, resulting in a $3 million increase... Read More

Member since: August 2022