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John Rhea: NYCHA Board Member Biography

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John Rhea: NYCHA Board Member Biography Powered By Docstoc
					                                         John B. Rhea
                                            Chairman


John B. Rhea was appointed Chairman of the New York City Housing Authority (NYCHA) on June 1,
2009 by Mayor Michael R. Bloomberg. NYCHA is the largest public housing authority in North
America, providing decent and affordable housing for over 630,000 New Yorkers with low- and
moderate- incomes within the five boroughs. The Authority’s Conventional Public Housing Program
comprises 334 developments encompassing 2,597 residential buildings and 178,895 apartments.
NYCHA also administers a citywide Section 8 Leased Housing Program, which provides vouchers for
nearly 95,000 households with apartments in the private rental market. The program has nearly
31,000 participating landlords. To enhance the quality of life for NYCHA residents, the Authority also
provides a host of community and educational programs, as well as employment and training
initiatives.

Chairman Rhea has over 20 years of corporate experience, having served as both an advisor and
senior executive at a number of the world’s leading corporations. Most recently, he was a Managing
Director in the Investment Banking Division of Barclays Capital and served as Co-Head of the Global
Consumer & Retail Group. The Chairman is a founding member and director of the Council for Urban
Professionals (CUP), a non-partisan, non-profit organization representing the social, political and
economic interests of urban-based professionals and entrepreneurs. He serves on the Board of the
New York Business Development Corporation – the largest originator of Small Business Loans in New
York State. A tireless advocate for early childhood education, arts and cultural programs for New York
City’s youth, Chairman Rhea serves on the Board of Rush Philanthropic Arts Foundation, and as a
Board Chair of the Children’s Museum of Manhattan. Chairman Rhea is also a member of the
Executive Leadership Council and a former David Rockefeller Fellow. An early supporter of President
Barack Obama, Chairman Rhea was a member of the Obama for America National Finance
Committee.

Born in Detroit, Michigan, Chairman Rhea attended the Detroit Public Schools and the University of
Detroit Jesuit High School. He received a Bachelor of Arts from Wesleyan University and a Master of
Business Administration from the Harvard Business School.

He resides in Manhattan with his two children.




                                                                                         October 2012

				
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