NEW YORK—The Federal Reserve Bank of New York today announced the appointment of Aisha Benson to the New York Fed's Community Advisory Group, effective immediately.
The Community Advisory Group is comprised of leaders of nonprofits, community organizations, foundations, and anchor institutions. The primary goal of the Community Advisory Group is to provide the New York Fed, including President John C. Williams, with a real-time view of the economic issues faced by a diverse set of communities and individuals across the Second District. Ms. Benson's appointment comes in advance of the Community Advisory Group's next meeting on June 21, 2023.
Ms. Benson is president and CEO of Nonprofit Finance Fund, a community development financial institution (CDFI) that has invested more than $1.1 billion in loans and grants to community nonprofits since 1980. Previously, Ms. Benson was executive vice president and chief operating officer of TruFund Financial Services, a Black-led nonprofit community development fund. Earlier in her career, Ms. Benson held community development finance roles at Carver Federal Savings, Banco Popular, and JPMorgan Chase. Ms. Benson serves on the boards of the Opportunity Finance Network, the New York State CDFI Coalition, and the New Markets Tax Credit Coalition, where she is board president. Ms. Benson graduated from Columbia University with a psychology degree.
For more information on the Community Advisory Group, including a list of the full membership, visit this webpage.