RCAC BOARD OF DIRECTORS ELECTS NEW ROSTER

April 18, 2013

West Sacramento, Calif. —Rural Community Assistance Corporation (RCAC) announces the election of three new board members. Marty Miller of Washington, Rachel Morse of Alaska and Frank Bravo of California replace three recently retired members.

RCAC board members serve three-year terms and may remain on the board for up to four consecutive terms. Recently, board members Bill Wiese, Flo Raitano and Jon Townsend each completed a fourth, three-year term on the RCAC Board.

“Bill, Flo and Jon were key members of the RCAC leadership that managed the transition when our founder Bill French retired and I took the helm at RCAC,” said Stanley Keasling, RCAC’s current CEO. “They are an irreplaceable part of the corporate memory.”

Mr. Miller is the executive director of the Yakima-based Office of Rural and Farmworker Housing (ORFH), a nonprofit housing developer and Community Development Financial Institution serving rural Washington. He has more than 20 years of affordable housing development experience.

Ms. Morse is the interim director of Alumni Relations at the University of Alaska and the executive director of the UAA Alumni Association. She has spent the past decade working with rural communities in Alaska on projects that include environmental stewardship, housing, early childhood education and other social services.

Mr. Bravo is the vice president, community development finance manager of Rabobank, N.A. He has more than 18 years of banking experience, which includes an in-depth understanding of multifamily mortgage revenue bonds and low-income housing tax credit programs. He also has more than 14 years of experience in community and affordable housing development and financing.

“Rachel, Marty and Frank are part of the new generation of leadership on the RCAC board and bring a new energy to the work we do,” Keasling added. “They all have the depth of experience in rural community development that will help to shape RCAC’s work in the coming years.”

Founded in 1978, RCAC provides a wide range of community development services for rural and Native American communities and community-based organizations in 15 Western states. RCAC has strong core services and expertise in housing, environmental infrastructure (water, wastewater and solid waste), leadership training, economic development and financing. To find out more about RCAC, visit www.rcac.org.

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