Ted BlakeChief Financial Officer

    Mr. Blake joined the District of Columbia Housing Finance Agency (DCHFA) in December 2017. He serves as the Chief Financial Officer (CFO). As the CFO, Mr. Blake is responsible for coordinating the accounting, budgeting and all other financial management functions at DCHFA. Mr. Blake acts as the authoritative source of accurate and complete financial reports regarding the Agency’s operations. In addition, the he makes recommendations on policies for the investment portfolio and cash management, oversees the financial reporting for the Agency and manages the Agency’s budget.

    Mr. Blake has more than 25 years of finance experience with a diverse background in banking across multiple lines of business. Prior to joining the Agency, Mr. Blake worked as CFO for a series of companies. Most recently, he served as CFO for FS Card a start-up credit card issuer seeking to deliver financial products to underserved consumers enabling them to meet their everyday liquidity needs in a flexible and convenient way.

    Prior to his tenure at FS Card, Mr. Blake served as CFO for NeighborWorks Capital, a dynamic not for profit provider of capital for development and management of low income housing and senior living facilities. While there he developed and implemented new capital and balance sheet management strategies that improved financial performance by 30 percent.

    Before joining NeighborhoodWorks, Mr. Blake was CFO for Teaching Strategies, an educational technology company providing assessment and curriculum services for pre-school through grade 3 educators. While there Mr. Blake helped the company double revenues and triple profits over a four year period. From 1995 through 2012, Mr. Blake was a Senior Vice President at Bank of America working as CFO for a range of businesses including Small Business, Merchant Services and Global Government.

    Mr. Blake has a Bachelor of Science in International Finance from the University of Pennsylvania – Wharton School. He also has earned the Chartered Financial Analyst designation.

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