Nigerian appointed by New York mayor as housing czar

By conyeani 

MayorNew York City new Mayor Bill de Blasio has announced the appointment of Ms. Shola Olatoye, of Nigerian parentage, as the new Chairman of the New York City Housing Authority.

Prior to her new appointment, Shola Olatoye was vice president and market leader for Enterprise Community Partners, Inc. She oversaw a cross-functional team of approximately 50 as they worked with community partners, the public sector and private capital sources to build and preserve approximately 3,000 affordable homes per year.

Previously, Shola was deputy director and director of relationship management, leading production efforts, helping to develop new products and solutions, originating new business and overseeing relationship management for Enterprise’s many partners in New York.

Prior to joining Enterprise in 2009, Shola was a vice president and senior community development manager with HSBC Bank USA, N.A., managing the bank’s Community Reinvestment Act (CRA) program of lending, investment and service in low- and moderate-income communities in Washington D.C., and South Florida. Prior to that, Shola was a director with the New York City real estate advisory and economic development consulting firm HR&Advisors. Her practice areas included: urban neighborhood revitalization, real estate advisory services, park finance and strategic planning. Before joining HR&A, Shola served as the issues director for New York City public advocate and  then-Democratic mayoral nominee Mark Green.

She also spent five years in New York as an advocate and policy analyst for urban school finance reform.

Shola received her bachelor’s degree in history with honors from Wesleyan University and her Master of Public Administration from New York University.

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