Amy B. Lempert has joined the Federal Reserve Bank of Philadelphia’s Community Affairs Department as community development advisor and manager. She has 25 years’ experience in affordable housing and community development lending and finance.
She previously managed lending, investments, grants, and sponsorships for PNC Bank’s community development banking group in Philadelphia, central Pennsylvania, southern New Jersey, and Delaware.
In earlier positions with affiliates of the Local Initiatives Support Corporation, she created a secondary market for affordable housing and community development loans originated by banks, community development finance institutions, and state housing finance agencies. She also held community development positions in state and local government in New Jersey.
She said: “I’m pleased to add my experience to the Philadelphia Fed’s community affairs team. The issues that the department is working on touch all of our communities: urban, suburban, and rural.”