Richard L. McQuady Appointed to Ohio Capital Corporation for Housing Board of Directors

Richard L. McQuady

July 1, 2014 – Richard L. McQuady, former CEO of the Kentucky Housing Corporation, has been appointed to serve as a board member for the Ohio Capital Corporation for Housing (OCCH). OCCH is a nonprofit corporation and the State of Ohio's largest low-income housing tax credit equity provider dedicated to promoting the availability of affordable housing throughout Ohio and Kentucky.

Mr. McQuady was affiliated with the Kentucky Housing Corporation for over 28 years before his retirement, serving most recently as the chief executive officer. Prior to that position, he served as chief financial officer, chief program officer, and controller.

"Rick's many years of experience in finance and the affordable housing industry will greatly benefit OCCH," said Hal Keller, OCCH president. "We are genuinely pleased to welcome a great partner and friend to our organization and look forward to his service for years to come. OCCH has worked with KHC for several years investing in quality affordable housing for Kentuckians, and we are pleased to welcome Rick's visionary direction, oversight, and philosophy in guiding OCCH in fulfilling its mission."

While at KHC, Mr. McQuady was responsible for both finance and program areas including audit, accounting, homeownership, and multifamily production. He has also assisted in directing KHC's strategic planning process and participated in corporate-wide decision making and policy issues. Prior to joining KHC in 1985, Mr. McQuady served as internal auditor for a Lexington, Kentucky hospital and spent five years in public accounting.

Mr. McQuady is a Certified Public Accountant and a member of the Kentucky Society of CPAs and American Institute of CPAs. He is a graduate of Eastern Kentucky University where he earned a Bachelor's Degree in accounting and a Master's in business administration.

Ohio Capital Corporation for Housing is a nonprofit financial intermediary that provides developers of affordable housing with access to capital markets. Created in 1989 by the Ohio Housing Finance Agency, OCCH has raised over $3 billion in equity investment, financed more than 33,500 units of affordable housing, and assisted in the creation of more than 675 affordable projects.

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