Federal Reserve Bank of San Francisco
September 12, 2011
Nancy O. Andrews is the President and Chief Executive Officer of the Low Income Investment Fund (LIIF). LIIF is a $600 million Community Development Financial Institution (CDFI) that has invested $1 billion in community projects. LIIF s investments have leveraged $5.8 billion in private capital for poor communities in 26 states across the U.S. and generated more than $19 billion in benefits for families and society. Established 27 years ago, LIIF has served nearly a million low income people by providing capital for 56,000 affordable homes for families and children,180,000 spaces of child care and 55,000 spaces in school facilities. LIIF is a national CDFI with staff and offices in San Francisco, Los Angeles, New York City and Washington, D.C. Ms. Andrews career spans 30 years in the community development field. In addition to her work at LIIF, she serves on numerous boards and committees, including the Housing Partnership Network, Center for Housing Policy Advisory Council, Bank of America’s National Community Advisory Council, Morgan Stanley s Community Development Advisory Committee, National Housing Law Project and the Center for International Forestry Research. Ms. Andrews was also previously a member of the Federal Reserve Board’s Consumer Advisory Council. She is a recognized expert on the challenges facing America’s neighborhoods and is frequently asked to testify before Congress and speak at conferences and events. Previously, Ms. Andrews served as the Deputy Director of the Ford Foundation’s Office of Program Related Investments, where she assisted in the management of a $130 million social investment portfolio. She also designed and launched the foundation’s housing policy program. Ms. Andrews was the Chief Financial Officer of the International Water Management Institute, a World Bank-supported international development organization. Additionally, Ms. Andrews has been an independent consultant on community development, social investment, financial analysis and housing policy. In this capacity, she consulted for the Department of Housing and Urban Development and the Department of Treasury during the Clinton administration. Ms. Andrews received an M.S. in Urban Planning with a concentration in Real Estate Finance from Columbia University.