NeighborWorks America announced that Gigi Hyland has been named its board chair. Hyland succeeds Thomas J. Curry. Hyland has served as the NCUA's representative to the NeighborWorks America Board since 2008.

"For nearly seven years, Tom Curry skillfully led NeighborWorks America's Board through a very difficult economic period. I am honored to step into his shoes at this critical juncture," said Hyland. "I look forward to continuing the work begun by Tom to prevent foreclosures where possible, create more affordable housing, and stabilize communities around the country."

NeighborWorks America creates opportunities for people to improve their lives and strengthen their communities by providing access to homeownership and to safe and affordable rental housing. In the last five years, NeighborWorks organizations have generated more than $19.5 billion in reinvestment in these communities. NeighborWorks America also trains community development and affordable housing professionals.