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NALHFA Honors Olson Lee with Lifetime Achievement Award

Posted By Administration, Friday, May 11, 2018

NALHFA honored Olson Lee with its Lifetime Achievement Award on Thursday, May 10 at its annual conference held in New Orleans. The award is given in recognition of those individuals who have gone above and beyond the call of service to the local housing finance industry and who have devoted significant time, energy and effort toward creating and achieving the strategic initiatives of NALHFA, and who are distinguished in their selflessness and vision for both NALHFA and the industry as a whole.


"I was proud to have the opportunity to present Olson Lee with NALHFA’s Lifetime Achievement Award," said Adam Cray, NALHFA Board Member. "Olson has made an incredible impact on San Francisco. The projects and programs he’s overseen during his career have helped thousands of San Franciscans in need find a place to call home. He is a credit to our profession and an inspiration to us all."


Olson Lee is the former Director of the San Francisco Mayor’s Office of Housing and Community Development (MOHCD) and a long-time member of NALHFA’s Board of Directors. After serving the people of San Francisco for more than 25 years, Olson retired from his positions at MOHCD and NALHFA in June of 2017.


As Director of MOHCD for six years, Olson led the office that guides and coordinates San Francisco’s housing and community development policy, provides financing and other support for affordable housing development and rehabilitation, works to ensure the long-term affordability and physical viability of the City's affordable housing portfolio, and supports community partners in their efforts to strengthen San Francisco’s neighborhoods. During Olson’s tenure, MOHCD facilitated the development or rehabilitation of more than 7,500 affordable housing units at nearly 100 projects throughout San Francisco and provided $2.5 billion of tax-exempt financing for multifamily housing.


Before joining MOHCD, Olson served as Deputy Executive Director of the San Francisco Redevelopment Agency. During his career, Olson served on several boards and committees for affordable housing organizations, including the Board of Directors of the California Association of Local Housing Finance Agencies and the Loan Committee and Board of Directors of the Northern California Community Loan Fund. Olson was a founding member of NALHFA and served for over 20 years on NALHFA’s Board of Directors. Olson was recognized in 2003 for his work preserving at-risk affordable housing with a Public Managerial Excellence Award from the Municipal Fiscal Advisory Committee. In 2010, he received the Distinguished Public Official Award from the Non-Profit Housing Association of Northern California.

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