Insight News

Feb 06th

CommonBond Communities announces new CEO

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CommonBond Communities announced the hiring of the organization's third CEO in 43 years.

Deidre Schmidt, currently principal owner of One Roof Global Consulting, will take over the leadership role beginning in early October. Schmidt brings with her over 20 years of experience in affordable housing on a global scale with emphasis on increasing quality, access and affordability of housing for people around the world.

"I am thrilled to be joining CommonBond Communities," said Schmidt. "The board and staff, as well as individual and institutional supporters, have focused both on the organization's capacity to deliver on its mission and the strength of enterprise. That combination is critical for organizations that want to continue to provide housing and critical services in our changing environment."

Schmidt's career includes leadership roles with Brighton Development Corporation, the National Equity Fund, Artspace Project, Inc. and the Affordable Housing Institute in Boston. She is a lecturer on housing and urbanization at Harvard University and in her most recent role as professional consultant has helped global entities develop policies and strategies regarding housing development and management, rental subsidies, urban planning and risk assessment.

"CommonBond is poised as a regional and national leader with a great reputation in the affordable housing industry. Our board of directors is very excited to have Deidre Schmidt as CommonBond's new president and chief executive officer," said Tom Jasper, chairman of the board of CommonBond. "Ms. Schmidt has a prolific career bringing together individuals, organizations and corporations to develop solutions regarding affordable housing. In addition, she is highly regarded for her industry expertise both locally and globally. Ms. Schmidt is the perfect choice at this unique time in the industry to steward CommonBond's significant legacy of service to the regional community."

During the past seven years, CommonBond has expanded its work in the upper Midwest significantly. Jasper said CommonBond is one of the top 50 affordable housing developers in the nation and has increased the size of its 43-year-old housing portfolio by 46 percent in seven years.

"It is a profound honor and responsibility to be joining CommonBond Communities," said Schmidt. "I've watched, and even formally studied, CommonBond my whole career. In my view, the organization has never been stronger and better positioned for the changes and challenges ahead."

deidre schmidtSchmidt will assume her role as CEO on Oct. 6

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