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Florida Housing Finance Corporation Announces Michael DiNapoli as New Executive Director

Published on February 10, 2023 by Florida Housing Finance Corporation
Florida Housing Finance Corporation Announces  Michael DiNapoli as New Executive Director

[Tallahassee, FL] – At a meeting this morning, Florida Housing Finance Corporation’s Board of Directors formally approved the appointment of Michael DiNapoli to the role of Executive Director of the Corporation. DiNapoli was recommended to the Board by Governor Ron DeSantis and Florida Department of Economic Opportunity (DEO) Acting Secretary Meredith Ivey.

“I am honored to have received the Governor’s nomination and support from the Board to serve as the next Executive Director of the Florida Housing Finance Corporation,” said Mike DiNapoli. “I recognize that finding and maintaining affordable housing is a critical issue for Floridians and I look forward to championing the great work of Florida Housing.”

DiNapoli previously served as the Director of Small and Minority Business Capital for DEO, where he oversaw key business lending programs, venture capital, and small and minority business programs. He was also responsible for the Homeowner Assistance Fund, and the Emergency Bridge Loan program when activated through Executive Order by the Governor. In addition to his role at the agency, DiNapoli serves as Chairman of the Florida Development Finance Corporation, and board member for the First Housing Development Corporation of Florida.

“With more than 25 years of experience and leadership in both finance and government agency roles, we are confident that Mike is the right fit for Florida Housing and the families that we serve,” said Mario Facella, Chairman of the Florida Housing Finance Corporation Board. “I look forward to working with him to further Florida Housing’s mission of providing safe, quality and affordable housing for the hardworking citizens who make up this great state.”

Prior to joining DEO in 2017, DiNapoli was Senior Vice President for Citigroup, Morgan Stanley and UBS Financial in New York. DiNapoli received a Bachelor of Arts degree from Manhattan College in 1991.

“It is an honor to support Governor DeSantis’ recommendation for Michael DiNapoli to serve as the Executive Director of the Florida Housing Finance Corporation,” said DEO Acting Secretary Meredith Ivey. “Mike has served the Department of Economic Opportunity for several years and successfully implemented programs that have meaningful impacts on the lives of Floridians, businesses, and communities. Most recently, Mike spearheaded Florida’s nation-leading Homeowner Assistance Fund program, serving approximately 28,500 of the state’s most vulnerable households, representing $555 million in awards at the program’s end. We look forward to our continued collaboration with Mike in his new role.”

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Florida Housing Finance Corporation (Florida Housing) was created by the state Legislature more than 40 years ago to serve as the state’s housing finance agency (HFA) that administers state and federal resources to help provide affordable homeownership and rental housing options for the citizens of Florida.