Heidi DeWyngaert, president of the Bank of New Canaan and executive vice president and chief lending officer of BNC Financial Group, the bank's holding company, has been elected to the board of the Connecticut Housing Finance Authority.
"As a member of the board," said DeWyngaert, "I look forward to using my business banking and commercial/residential loan skills to support CHFA's important effort to provide affordable housing alternatives for residents of Connecticut."
DeWyngaert has been with the Bank of New Canaan for eight years. She is a career banker with more than 30 years of experience. Originally credit trained at JP Morgan, she has experience as both a commercial/middle market and commercial real estate lender. Prior to joining the Bank of New Canaan, she managed the commercial real estate group for Webster Bank in Fairfield County.
The CHFA was created in 1969 by the state Legislature as a self-supporting, quasi-public housing agency charged with expanding affordable housing opportunities for Connecticut's low- and moderate-income families and individuals.
Since then, the CHFA has helped almost 120,000 Connecticut individuals and families become homeowners through its low-interest single- family mortgage programs. In addition, the CHFA has financed the creation of more than 32,000 affordable, quality rental units throughout the state. To date, the combined mortgage financing for the CHFA's single- and multifamily housing programs exceeds $11 billion.