|
William Goldsmith
Chicago Regional President
Mercy Housing
Mr. Goldsmith joined Mercy Portfolio Services (MPS) as
Regional President in November 2008 and became its National
President in June 2009. MPS is a wholly owned subsidiary
of Mercy Housing, Inc. which created MPS as part of its
comprehensive response to the nation’s foreclosure
crisis. MPS is partnering with the city of Chicago to
manage the National Stabilization Fund program and apply
for NSP2 funds. MPS is also working with Mercy Housing
to apply for NSP2 funds in five states on the East and
West coasts and the Midwest.
Prior to joining MPS, Mr. Goldsmith served as Midwest
Regional Director for The Community Builders. As Director
of the Midwest Region, Mr. Goldsmith oversaw large-scale,
multi-phase, mixed-income development sites in Akron,
Chicago, Cincinnati, East Chicago, Indianapolis and Louisville.
Most of these sites were funded through HUD’s HOPE
VI initiative and therefore involved the demolition of
blighted public housing to be replaced with new mixed-income,
mixed-use communities. Mr. Goldsmith’s portfolio
included approximately 4,000 units of new housing.
In 1989, Mr. Goldsmith founded New Cities CDC in Chicago’s
south suburbs. Most relevant to his current position
at MPS, New Cities’ portfolio included 500 single-family
purchase-rehabs and a 936 unit HUD foreclosure that was
redeveloped into a 436 townhouse complex that included
a computer lab, recreation facility, learning center
and a day care center. Mr. Goldsmith also created a Community
Development Financial Institution that worked with local
banks and Fannie Mae to originate and service flexible
mortgages to low-income, first-time homebuyers.
Mr. Goldsmith graduated from the University of Tennessee,
attended Princeton Theological Seminary and recently
graduated from Harvard University’s Advanced Management
Development Program at the Graduate School of Design.
Mr. Goldsmith also served in the United States Navy for
six years. |
