News and Events
Donna Ramey
of Savings Bank of Danbury
Elected Chair of Housing
Development Fund Volunteer Board of Directors
STAMFORD, Conn., April 11, 2007- Housing Development Fund (HDF), a unique nonprofit bank providing funding for affordable housing and an array of homebuyer assistance programs, announced that HDF board member Donna M. Ramey, Executive Vice President and Chief Operating Officer of the Savings Bank of Danbury, has been elected chair of its volunteer board of directors. She succeeds Reyno A. Giallongo, Jr., Senior Vice President, First County Bank who has served as chair for the past six years. He will remain on the executive committee as Immediate Past Chair.
Donna Ramey has served on the HDF board since 2003. As chair, her vision is to help the premiere organization expand statewide. It currently serves all of southwestern Connecticut. Ramey’s relationship with HDF began when its President and CEO Joan Carty invited the bank to become a member of its now-$28 million lending pool for multi-family housing. Since that time, HDF and Savings Bank of Danbury have collaborated on a number of affordable housing initiatives in the Danbury area. Ramey serves as the Community Reinvestment Act officer for her bank. She is an active member of a number of other professional and non-profit boards, and a resident of Newtown, Connecticut.
“As someone who is passionate about helping people become homeowners,” said Ramey, “I’ve always enjoyed counseling first time buyers, particularly those in need of financial assistance. In addition, during my 40 years in banking, I’ve championed the creation of affordable housing. You need both, and HDF is the solution. Rey has been a great chair, and it will be hard to fill his shoes. With the help of HDF’s able staff led by Joan Carty, my great executive committee and our diverse board, I hope to help take HDF to the next level.”
Founded in 1989, the Housing Development Fund serves all of southwestern Connecticut. HDF offers a variety of homebuyer programs and is headquartered at 100 Prospect Street, South Tower Plaza, Suite SP-101, Stamford, Connecticut 06901. It also maintains an office at 8 West Street, Suite 202-204, Danbury, Connecticut 06810
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