National Equity Fund, Inc. Announces BBVA Compass' Keith Burgess as Newest Member

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Oct 30, 2017, 11:39 ET

CHICAGO, Oct. 30, 2017 /PRNewswire-USNewswire/ -- The Local Initiatives Support Corporation's (LISC) board of directors recently elected Keith Burgess to serve on the board of directors for its affiliate, National Equity Fund. Based in Houston, Burgess is currently the director of community development capital for BBVA Compass and is responsible for the origination and portfolio management of its lending and investments in Low-Income Housing Tax Credit and Historic Tax Credit renovation projects in the bank's seven-state Sunbelt footprint.

With more than 23 years of experience in the banking industry, Burgess focused exclusively for 18 years on running community development groups, primarily for regional banks based in the Midwest.

"I had a long career working primarily with regional and community banks before landing at BBVA Compass, so that's a perspective I am happy to bring to the board," Burgess said. "My focus now, as always, is in creating opportunities for local communities. I hope to identify and expose new growth opportunities for them to thrive."

"Keith brings solid and impressive credentials to the table and I look forward to working with him to strengthen our regional partnerships," said Ed Sigler, chairman of NEF's board of directors.

"It's clear that Keith has a passion for community development and we are excited to have him on board," added Joe Hagan, president and CEO of National Equity Fund. "A board of directors is only as good as each of its members and I am thrilled about this group as each member is exceptionally qualified and extraordinary on his/her own."

Burgess holds a BBA in marketing from Kent State University and is also a CPA. He has served as a guest lecturer at Cleveland State University (Levin College of Urban Affairs), a presenter for Project REAP (Real Estate Associate Program) in Columbus, Ohio, and has been an active board member with various community development corporations in Ohio. He was most recently a board member with the Ohio Community Development Finance Fund, a statewide CDFI, as well as a member of the Ohio Minority Development Finance Advisory Board appointed by Governor John Kasich.

About National Equity Fund, Inc.
National Equity Fund, Inc. is a leading syndicator of Low Income Housing Tax Credits. The Chicago-based non-profit is an affiliate of the Local Initiatives Support Corporation and has played an integral role in creating affordable housing options, revitalizing communities and strengthening local economies for more than 30 years. It has invested $13.3 billion in 2,494 LIHTC developments, creating approximately 158,907 affordable homes for low-income families and individuals. For more information, visit www.nefinc.org/

Contact: Maureen Mullady
312.480.6175
[email protected]

SOURCE National Equity Fund