Single solutions by themselves will not work. Silver bullets have gone the way of the six-shooter, even though the legacy of that perspective remains in the segregated array of federal and local programs that were created to help low-income communities.
Nancy O. Andrews is the president and CEO of the Low Income Investment Fund (LIIF), which is a community capital organization dedicated to poverty alleviation in the United States. LIIF recently celebrated investing $1 billion in low-income communities and serving one million people. Ms. Andrews serves on numerous community development and environmental boards and committees, including 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. She was also previously a member of the Federal Reserve Board’s Consumer Advisory Council.
Ms. Andrews’ 30 years in community development include positions as Deputy Director of the Ford Foundation’s Office of Program Related Investments and Chief Financial Officer of the International Water Management Institute, a World Bank-supported development organization. Ms. Andrews also consulted for the Department of Housing and Urban Development and the Department of Treasury during the Clinton administration. She received an M.S. in Urban Planning with a concentration in Real Estate Finance from Columbia University.