Patricia Hippe Named Chief Financial Officer for Colorado Housing and Finance Authority

Colorado Housing and Finance Authority (CHFA) is pleased to announce Patricia Hippe as its new chief financial officer (CFO). Hippe most recently served as the deputy commissioner and chief financial officer for the Minnesota Housing Finance Agency. As CFO, Hippe will serve on CHFA’s four-member executive team and oversee the authority’s corporate debt and investment, treasury, accounting and information technology teams.

 

“I am pleased to have Patricia join our team.  Her knowledge and background will be invaluable,” said Cris White, CHFA’s executive director and chief executive officer.

 

Hippe brings extensive experience in nonprofit, for-profit, and government finance to CHFA. She has spent the past 16 years of her career in the affordable housing industry; raising over $5.4 billion in capital to support the Minnesota Housing Finance Agency’s single family and multifamily programs during her tenure as CFO.

 

Prior to her work with the Minnesota Housing Finance Agency, Hippe was the manager of secondary market programs for Higher Education Management and Resources (HEMAR) Management Corporation. In this capacity, she oversaw the daily finance and accounting operations of HEMAR’s seven affiliate companies which specialized in providing student loan secondary market programs. Following her work with HEMAR, Hippe was the assistant vice president and corporate trust officer for Wells Fargo Bank, formerly known as Norwest Bank.

 

In 2006, Hippe was recognized as a Top Woman in Finance by Finance and Commerce magazine. She is a two-time recipient of the Minnesota Housing Lighthouse Award for Outstanding Leadership. Since 1995, Hippe has served as a member of the Twin Cities Habitat for Humanity Finance Committee. In 2000, she designed and began teaching family budgeting and financial management classes for church groups in her community, which she continues today. She also serves as the finance manager for a community choir.

 

Hippe received her undergraduate degree in business administration from the University of Minnesota, and earned her Master of Business Administration from the University of St. Thomas in St. Paul, Minnesota. She and her husband are looking forward to relocating to Colorado, which has been a long-time milestone of theirs. Hippe will begin her work at CHFA on Oct. 24, 2011.