Idaho Community Reinvestment Corporation (ICRC), a non-profit organization that offers critical financing to build low- and middle-income housing in Idaho, recently elected new officers to its board of directors.

Robert Yamashita of US Bank takes the helm as president, with Roy Kyle of Wells Fargo as vice president and Willis Robinette of Banner Bank as secretary/treasurer. Terry Pitkin of D.L. Evans Bank is now audit committee chairman; Jennifer Seamons of KeyBank is loan committee chairman; Mark Jensen of US Bank is the alternative programs committee chairman; and Randy Munk of KeyBank is the new products committee chairman.

ICRC includes a network of over 18 Idaho banks and thrifts with a loan pool of $43 million. That pool provides long-term loans with attractive, fixed interest rates to finance new or refurbished multi-family affordable housing. In its 15 years, ICRC has helped fund 38 developments with over 1,797 units throughout Idaho.

E-MAIL OPT-OUT - If you would prefer not to receive IHFA's news releases via e-mail in the future, please send me a message at lisad@ihfa.org and type "no e-mailed releases" in the body or subject line, and I will remove you from the list.

To learn more about the ICRC and to view a brochure on the non-profit visit www.ihfa.org/nonprofit_icrc.asp.

Idaho Housing and Finance Association, a financial services and housing business organization, provides funding for affordable housing in Idaho communities where it is most needed and when it is economically feasible. For more information, visit our Web site at www.ihfa.org.