Washington, D.C.—Community Preservation Development Corporation (CPDC), a nonprofit organization that revitalizes and creates affordable communities throughout the mid-Atlantic region, announced veteran housing and community development policy advocate Conrad Egan as chairman of its board of directors. Former head of the Congressional Millennial Housing Commission, chair of the Fairfax County Housing and Redevelopment Authority, and president of the National Housing Conference, Egan has led housing policy and advocacy efforts in both private and public capacities for more than 50 years.
Egan replaces former CPDC board chair Larry Dale, who served in that role for seven years. Egan is the immediate past chairman and current board member of the Open Door Housing Fund, a community development financial institution (CDFI) dedicated to preserving affordable homes. Additionally, he co-chairs the Fairfax County Affordable Housing Advisory Committee after being appointed by the Board of Supervisors to provide advice on how to best support affordable homes in northern Virginia.
Also recently appointed to the CPDC board of directors are Lee P. Reno, founding member of the national community development law firm Reno & Cavanaugh, and Phyllis Caldwell, who will join long-standing board member John Reilly as one of two vice chairs. Caldwell, formerly with the U.S. Department of Treasury, where she oversaw the Obama Administration’s Making Home Affordable Program, has held leadership positions at the Washington Area Women’s Foundation, Bank of America, Citicorp and Ernst & Young. Reilly founded Reilly Mortgage Corporation, which he sold to Perpetual Savings Bank at a time when it had approximately $5 billion dollars in multi-family mortgage servicing. Stepping down from two years as vice chair and remaining on the board is Linda Cropp, former at-large D.C. City Council Member and budget committee chair of the Washington Metropolitan Area Transit Authority (WMATA).