Capital Area Finance Authority Announces Search for CEO and President

April 12, 2017

Baton Rouge, La.— The Capital Area Finance Authority (CAFA) has begun its search to hire new CEO and President.

The position, which is currently served by interim director Vickie Theriot, will continue to provide vision and leadership for the Authority and carry out CAFA’s mission to be a positive catalyst for building community and contributing to growth and progress in the nine-parish capital region. 

The position’s major responsibilities will entail developing strategies to further CAFA’s position as an investor, co-developer and equity partner. The CEO and President will also manage the affairs of CAFA, advise the Board, oversee the budget and coordinate with agencies within the city, parish and state. 

The detailed listing of roles, responsibilities and qualifications can be found on CAFA’s website. Applicants can find the job listing posted on The Advocate’s job website and other career websites such as CareerBuilder, Monster and the National Association of Local Housing Finance Agencies (NALHFA). Applications will be accepted only through these portals. 

Formerly known as the East Baton Rouge Mortgage and Finance Authority (EBRMFA), CAFA rebranded, expanded its service offerings and broadened its geographic area in 2014. The rebrand reflected the organization’s new project financing capabilities including healthcare, correctional, educational, water generating facilities, mass transit and parking facilities, cultural and civic facilities, community development and redevelopment financing, power generating facilities, industrial development financing, airport and water facilities and manufacturing facilities.

CAFA issues bonds and uses the proceeds to provide financing for housing in nine parishes: East and West Baton Rouge, Pointe Coupée, East and West Feliciana, Iberville, Ascension, Livingston and St. Helena. CAFA also has agreements to offer lending programs in Acadia, Allen, Beauregard, Calcasieu, Cameron, Evangeline, Jefferson Davis, Lafayette, Tangipahoa and St. Tammany parishes.

Since its inception, CAFA has made a major contribution to home ownership and economic development in the Capital Area parishes by providing over $1 billion in below conventional market rate funds to more than 16,000 households. 

For more information on CAFA’s programs, visit www.thecafa.org or call (225) 448-3580. 

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