MassHousing Appoints Chairman

Michael Dirrane was appointed chairman of the affordable housing company.

MassHousing Chairman of the Board Michael DirraneBoston—Michael J. Dirrane has been appointed by Governor Baker as chairman of the MassHousing board of directors. It is the second time Dirrane has led the nine-member Board that governs the affordable housing agency which has provided more than $18 billion over five decades.

Dirrane and the other board members of MassHousing are all unpaid volunteers and are appointed by the Governor.

Dirrane, a South Boston native, is the longest-serving Board Member in MassHousing’s 49-year history, and has served on the governing body for nearly half of the time the Agency has been in existence. He was first named to the board in 1993.

Dirrane is the senior managing director at National MI Holdings. He began his career at MassHousing in the 1980s. He subsequently held senior positions at MGIC, the nation’s largest mortgage insurer; Amerin Guaranty, where he was a founding partner; GE Mortgage Insurance Company (GEMICO); Fannie Mae and PHH Corporation. He holds a BA from Boston College and a MA from Boston University.

In 2008 Dirrane received the Excellence in Public Service Award from the Greater Boston Real Estate Board’s Rental Housing Association for his work at MassHousing and in particular his efforts to increase the efficiency of the Agency’s rental housing business line.