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Chairman Linda W. Cropp
at the request of the Mayor A PROPOSED RESOLUTION IN THE
COUNCIL OF THE DISTRICT OF COLUMBIA
To confirm the appointment of Mr. Russell D. Simmons to the
District of Columbia Housing Authority Board of Commissioners.
RESOLVED, BY THE COUNCIL OF THE DISTRICT OF COLUMBIA, That
this resolution may be cited as the "District of Columbia Housing Authority Board of
Commissioners Russell D. Simmons Confirmation Resolution of 2000".
Sec. 2. The Council of the District of Columbia confirms the
appointment of
Mr. Russell D. Simmons
1829 Upshur Street, N.E.
Washington, D.C. 20018
(Ward 5)
as a public commissioner member of the District of Columbia
Housing Authority Board of Commissioners, established by section 12 of the District of
Columbia Housing Authority Act of 1999, effective May 9, 2000 (D.C. Act 13-254; 47 DCR
1325), for a term to end 2-years from the date a majority of the first members are
sworn-in.
Sec. 3. The Council of the District of Columbia shall transmit
a copy of this resolution, upon its adoption, each to the nominee and to the Office of the
Mayor.
Sec. 4. This resolution shall take effect immediately.
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RUSSELL D. SIMMONS
129 UPSHUR STREET, N.E.
WASHINGTON, DC 20018
(202) 529-5389
EXPERIENCE
Senior Vice President CRA Officer and Director of the Business
& Community Development Division, Riggs Bank, NA, Washington, D.C. December 1993 to
Present.
Responsible for the direction and implementation of the bank's
CRA, capacity grant, community outreach and business development activities in low and
moderate-income areas. I also serve as the bank's spokesman on matters relating to
community development. Following are selected accomplishments:
- increased lending in low and moderate-income areas from an
estimated $20 million in 1993 to more $700 million by 1999 ($150 million average per
year).
- Initiated first bank sponsored micro-loan program in D.C.,
area.
- Established division that combined CRA strategic planning and
business development
- Manage relationship with the Collective Banking Group (CBG),
225 African American Churches with membership exceding 200,000 people. Includes developing
home buyer, business and investment seminars.
- Initiated $20 million construction loan partnership between
Fannie Mae arid Riggs for affordable housing projects.
- Developed and currently manage Federal Home Loan Bank Board's
Affordable Housing Program that has won over S3 million in grants for nonprofit sponsored
housing projects.
- Initiated first partnership with the Korean American Chamber of
Commerce of Greater Washington.
Community Loan Manager, Citibank F.S.B. of Wash, D.C.,
September 1981 to November 1993.
Responsible for business development, loan origination and
underwriting business and community development commercial real estate loans. Following
are selected highlights:
- Utilized government sponsored programs where possible.
- Financed more than $100 million of affordable housing and
commercial projects in low and moderate-income areas.
- Managed a loan portfolio of $300 million that included credit
reviews and restructuring problem loans.
- Led real estate department in sales in 1988,1988 and 1991.
- Selected as a member of the Presidents Club (top performers
across the country) in 1990.
- Spoke at numerous conferences and workshops.
Chief, Neighborhood Commercial Services Division, Office of
Business and Economic Development, May 1985 to September 1987.
Responsible for the revitalization of several commercial
corridors in the District of Columbia, making real estate loans and negotiating contracts
with Community Development Corporations. Selected accomplished are as follows:
- Issued first request for proposal for the Neighborhood
Initiatives Support Program in order to provide funding for local community development
corporations.
- Established six Neighborhood Commercial Revitalization Offices.
- Originated several million dollars of real estate loans to
difficult projects.
- Leased commercial space in the D. C. Municipal Office Building
located at 14th and U Streets, N.W.
- Lead outreach efforts to local businesses acrd community
groups.
Chief, Community Economic Development Division, Development
Administration, D.C. Department of Housing and Community Development, August 1984 to May
1985
Responsible for underwriting loans and assisting community
development corporations. Selected accomplished are as follows:
- Provided technical assistance to community development
corporations (CDC).
- Developed a process for awarding pre-development grants and
loans to CDC's.
- Negotiated Contracts with community groups.
- Managed a staff of 10 people.
Chief, Marketing and Development Development Administration,
D.C. Department of Housing and Community Development, 1981 to 1984
Selected accomplished are as follows:
- Provided staff support for the Redevelopment Land Agency's
(RLA) Board of Directors.
- Operated Urban Development Action Grant Program (UDAG) which
resulted in the city winning several awards.
- Managed the disposition of more than 70 RLA parcels of land.
- Managed staff of 10 persons.
Chief, Evaluation Division, Office of Policy, Planning and
Evaluation, D.C. Department of Housing and Community Development, 1976 to 1981
Selected accomplished are as follows:
- Established procedures for data collection for the Department
of Housing and Community Development.
- Provided management assistance to department heads on a regular
basis.
- Conducted-in-depth evaluation of maintenance costs in public
housing.
- Conducted evaluation of housing rehabilitation program. This
evaluation resulted in changes being made in the operation of the program.
- Managed a staff of 15 persons.
Assistant Director for Operations and Evaluation, D,.C. Modal
Cities Program, 1973 to 1975
Selected accomplishments are as follows:
- Negotiated and managed $16 million in contracts for services to
nonprofit community groups participating in the Model Cities Program.
- Monitored and provided assistance for all nonprofit
contractors.
- Developed evaluation procedures that satisfied federal
guidelines.
- Had extensive public contact that included speeches, radio and
TV shows.
- Managed a staff of 50 people.
Assistant Director of Operations, D.C. Model Cities Program,
1972 to 1973.
Responsibilities were the same as described above except for
the evaluation function. I managed about 20 people in this position.
Chief Economic Planner, D.C. Model Cities Program, 1970 to
1972
Selected accomplished are as follows:
- Developed economic development component for the annual Model
Cites Plan.
- Assisted with the creation of the first economic development
corporation in the city.
Lecturer, Federal City College, Washington, D.C. 1972 to 1974
(Part Time)
I taught a course in social and economic planning to
undergraduate planning students.
Real Estate and Financial Consultant, Gladstone Associates,
1970
Responsible for a number of consultant assignments, some of
which I had lead responsibilities. Most of these studies were economic feasibility studies
for real estate projects. A sample of two assignments are listed below.
- Feasibility of neighborhood shopping center In Newark, New
Jersey.
- Economic feasibility study for the Philadelphia Bicentennial
Celebration.
- Economic feasibility study for alternative uses and values of a
large apartment complex.
Industry Economist, U.S. Department of Commerce, Economic
Development Administration, 1997 to 1969
Conducted brief studies on industrial capacity so that the
Department of Commerce would not provide assistance to industries with surplus capacity.
EDUCATION
Master of Arts, Economics, Howard University, Washington,
D.C., 1966-1968.
Bachelor of Arts, Economics, Howard University, Washington,
D.C., 1962-1965.
Attended a number of workshops and seminars, including a
weeklong course at Harvard University on Program Evaluation and an evaluation course at
the Catholic University. Other courses include the Dale Carnegie Leadership Training
course and numerous underwriting, sales, computer and management seminars.
COMMUNITY ACTIVITIES
I have held a number of leadership positions in the community.
A sample of these positions are listed below:
- President, D.C., United Way
- Chairman, Social Planning Committee, Metropolitan United Way
- President, Saint France DeSalle, Home-School Association
- President, The Children's Centre (Day Cafe Program)
- Chairman; Finance Committee, Metropolitan Washington Planning
and Housing Association
- President, Board of Directors, United Planning Organization
- President, Board of Directors, H Street Community Development
Corporation
- Board of Directors, Apartment Improvement Program
- Chairman, Business and Economic Development Committee, Board of
Directors, D .C. Chamber of Commerce (Current)
- Board of Directors, Source Theater (Current)
- Board of Directors, Shiloh Church Economic Development
Corporation (Current)
- Board of Directors, New York Avenue Development Committee
(Current)
- President, Metropolitan Bankers Association (Current)
- Leadership Washington, Class of 1995
- Chairman, D.C. United Way Campaign (Current)
PERSONAL
- Born In Washington, D.C., and attended local schools.
- Married to Sheila, and have a son, age 22 and a daughter, age
14.
- Height 5'8", weight: 190 pounds. Good Health: no
disabilities.
REFERENCES FURNISHED UPON REQUEST |