WASHINGTON--(BUSINESS WIRE)--The Community Builders, Inc. (TCB), one of America's leading nonprofit developers of mixed-income housing, has named Patrick Costigan senior vice president of strategic initiatives. Reporting to Bart Mitchell, president and CEO, Costigan will serve as a member of the leadership team and advance strategic partnerships with major neighborhood-based institutions, such as universities, hospitals systems and public housing authorities across TCB’s portfolio in 14 states and Washington, D.C.
Returning to TCB after an extended leave, Costigan has served as senior advisor to Housing and Urban Development (HUD) Secretary Shaun Donovan since January 2011. While at HUD, Costigan led the launch of the department’s Rental Assistance Demonstration (RAD), helped integrate a number of rental housing recapitalization programs and coordinated HUD’s roles in assisting several housing authorities begin to reposition their aging inventories.
Donovan said Costigan’s activities at HUD, “....particularly on RAD, have been nothing less than remarkable. Because of his stellar efforts, this agency is much better positioned to bring our rental housing system into the 21st century and to address future challenges.”
“We are thrilled to welcome Pat back to TCB after more than three years of service to HUD,” said Mitchell. “Pat is a dynamic and experienced professional who will bring his energy and insights to our partnerships with major institutions that are integral to the economic development and vitality of communities where we work.”
Costigan originally joined TCB in 2000, when he served as director of national and regional policy and helped establish the organization’s community life work. His new appointment advances TCB’s recently adopted strategic plan, which emphasizes partnerships.
About The Community Builders, Inc.
The Community Builders, Inc. (TCB) is one of America's leading nonprofit real estate developers and owners. Our mission is to build and sustain strong communities where people of all incomes can achieve their full potential. We realize our mission by developing, financing and operating high-quality housing and implementing neighborhood self-help initiatives to drive economic opportunity for our residents. Since 1964, we have constructed or preserved over 320 affordable and mixed-income housing developments and secured over $2.5 billion in project financing from public and private sources. Today, we own or manage more than 10,000 apartments in 14 states and Washington, D.C. We are headquartered in Boston with regional hubs in Chicago and Washington.