Community Economic Development Fund

Board of Directors

The Community Economic Development Fund Foundation, Inc.

The CEDF Foundation is a 501(c) (3) nonprofit organization. Its Board of Directors is responsible for general oversight of CEDF as a whole and the oversight of the community development and business advisory activities.


  • David Cantor, Community Representative, Board President
  • Kim Healey, Community Representative, Board Vice President
  • Frank Mac Hugh, Webster Bank, Secretary
  • Mark Nolan, Nolan Enterprises Real Estate, Treasurer


  • Ana Alfaro, Eversource, Community Representative
  • Michael Brady, Citizens Bank
  • John Jepson, Jr., Liberty Bank
  • Thomas Malloy, Altus Multinational Group, LLC
  • Pastor Carl McCluster, Shiloh Baptist Church, Community Representative
  • Ted Murphy, Connecticut Innovations
  • Commissioner Jorge L. Perez, CT Department of Banking
  • Allison Standish Plimpton, KeyBank
  • Holly E. Williams, CT Office of Policy and Management

The Community Economic Development Fund Corporation

The CEDF Corporation is organized as a for-profit entity. All of the stock of the Corporation is owned by the Foundation. The Corporation Board of Directors is responsible for overseeing lending and investment activities, which are carried out through limited liability companies managed by the Corporation.


  • Carolyn Welch, Community Representative, Board President
  • Dawn Reshen-Doty, Benay Enterprises, Community Representative, Board Vice President
  • Cornell Wright, The Parker Wright Group, Inc., Community Representative, Secretary
  • Sandra Williams, Liberty Bank, Treasurer


  • Jerri Bonnell, M&T Bank
  • Joseph DeMayo, Citizens Bank
  • Lynette Espinosa, Webster Bank
  • Meghan Green, CT Office of Policy & Management 
  • Rodney Thomas, Community Representative

Not sure which loan or educational service meets your need?

Please give us a call toll-free at 888-835-2333 or contact us online