One Community Update
July 26, 2024
Source: www.ctnewsjunkie.com
The nonprofit Hartford Land Bank’s Board of Directors announced recently that Hartford resident Marcus Ordoñez has been appointed as the bank’s executive director.
Ordoñez had been serving as interim executive director since December 2023, when his predecessor, Arunan Arulampalam, stepped down following his victory in the city’s mayoral election.
“During his tenure as Interim Executive Director, Marcus demonstrated he has the energy, vision, and depth of knowledge to lead the land bank into its next chapter,” said Melvyn Colón, Board Chair. “The Board is confident that under his continued leadership, the Hartford Land Bank will further drive neighborhood impact and build equity and financial opportunity for local developers and homeowners.”
Arulampalam also gave Ordoñez a vote of confidence in his role leading the Hartford Land Bank with its mission of rehabilitating distressed properties in the city.
“Having served as CEO of the Hartford Land Bank myself, I know the deep level of commitment and dedication to our community that it takes to do the job,” the new mayor said. “The Land Bank is fortunate to be under the capable leadership of Marcus Ordoñez, and I congratulate him.”
Arulampalam said Ordoñez was a member of the Land Bank’s very first Developers Cohort.
“His commitment to the community and the city is the ideal fit for the Hartford Land Bank’s goals of stewarding distressed properties back into productive use and building generational wealth through neighborhood development,” Arulampalam said.
Ordoñez also co-chairs the Frog Hollow NRZ (Neighborhood Revitalization Zone) and serves on the board of The Betty Knox Foundation. He consulted for the land bank during its first round of property acquisition.
The Hartford Land Bank’s executive director manages the organization and plans and implements programs to efficiently advance HLB’s mission.
For full report, please click the source link above.
