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John McCarthy appointed new chairman of HPDC.


The Housing Partnership Development Corporation (HPDC HPDC High Performance Distributed Computing
HPDC High Pressure Die Casting (metal casting technique)
HPDC High Performance Data Conditioning
HPDC Hp Development Company
) announced that John McCarthy (person, artificial intelligence) John McCarthy - A pioneer of artificial intelligence (he coined ther term). He invented Lisp at MIT in the late 1950s and later worked at SAIL.

ftp://www-formal.stanford.edu/jmc.

E-mail: <jmc@cs.stanford.edu>.
, a leading authority on affordable housing, has been appointed as the organization's chair.

McCarthy, who has served on the HPDC Board as member for three years, replaces Naomi Bayer, who served on the HPDC Board of Directors for nine years, the Years, The

the seven decades of Eleanor Pargiter’s life. [Br. Lit.: Benét, 1109]

See : Time
 last three as Chair, before resigning in December.

In speaking about the future of the HPDC, Mr. McCarthy stated, "For 25 years, the Housing Partnership has helped private developers build affordable housing on City-owned sites, or with other public investment. The Mayor remains committed to expanding housing supply, and the Partnership will continue to be an energetic link to private builders to achieve this goal."

McCarthy is the executive vice president and chief operating officer Chief Operating Officer (COO)

The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president.
 of the Community Preservation Corporation, a non-profit consortium of more than 90 banks and life insurance companies that act as a major lender for affordable housing in the tri-state region For other tri-state regions, see .

The Tri-State Region is commonly used in the area surrounding New York City to unambiguously refer to the greater metropolitan area. Sometimes the phrase is shortened to "the Tri-State," or "the Tri-State Area" is used instead.
. He has held these positions since 1980.

In announcing McCarthy's appointment, Daniel Martin, HPDC President & CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  said, "John has many years experience in the affordable housing industry as a senior executive at the CPC (1) (Central Processing Complex) An IBM mainframe that has two or more central processors (CPs) that share memory. It is the collection of processors, memory and I/O subsystems manufactured with a single serial number, typically all contained in one cabinet. , a major nonprofit in helping developers finance and build affordable housing. With his prior experience on our board and his steady involvement in the City's affordable housing business, which has changed and evolved over the past twenty-five years, John is a natural fit for the leadership position."

The Housing Partnership also announced that two additional, high-profile housing experts, Thomas Osterman, executive vice president of Sterling Equities, Inc. and Jim Himes, director, Enterprise New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 and vice president, Enterprise Community Partners, will join the Board of Directors, increasing membership to 13.

For Sterling Equities, Osterman has overseen the development and construction of major commercial and residential properties in the New York metropolitan area New York–Northern New Jersey–Long Island is the most populous metropolitan area in the United States and the third most populous in the world, after Tokyo and Mexico City. ; served as CEO for its out-of-state profit centers; and since 1991 has also served as a managing director for its affiliate, Sterling American Property's five value-added investment funds. Osterman previously served on the HPDC board from 1993 to 1998 and since 2002, as president of one of HPDC's affiliate corporations.

"Sterling Equities has long been a supporter of the Housing Partnership," said Martin. "Tom's previous service to HPDC and his current board position with one of our affiliates demonstrates his commitment. His strong real estate expertise will be an asset to HPDC."

As director of enterprise New York, Mr. Himes oversees the organization's programs, grants and lending services. Prior to taking on that role, he worked with Enterprise on a project to deliver financial services to residents of low-income neighborhoods.
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Comment:John McCarthy appointed new chairman of HPDC.
Publication:Real Estate Weekly
Date:Apr 18, 2007
Words:432
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