Alaskan takes post with national housing board

Posted: Tuesday, November 27, 2001

Daniel R. Fauske of Anchorage was named recently to the Board of Directors of the National Housing Development Corp. NHDS was founded to help preserve more of the nation's at-risk affordable housing stock in response to the affordable housing crisis across the United States.

According to Jeffrey S. Burum, executive director, whose office is in Rancho Cucamonga, Calif., Fauske and Armando J. Bucelo Jr. , an attorney and realtor in Coral Gables, Fla., are the 10th and 11th members elected to the NHDC Board. Each will serve a three-year term during which their experience in real estate law, finance and public policy at the state, local and federal levels of government will add to the depth of the debate on the board.

"Their contributions will add new dimensions to an already diverse and experience board," Burum said. "We are pleased to have two new members from whom we can seek guidance in the continued development and implementation of NHDC's strategic plans for acquiring and preserving affordable housing nationwide."

Fauske, 51, has been executive director and chief executive officer of the Alaska Housing Finance Corp. for seven years. AHFC is a self-supporting public corporation with $4.4 billion in assets. It provides loan programs for low- to moderate-income borrowers, veterans, and residents of rural areas. It also provides financing for multifamily, senior and special-needs housing communities; secondary financing for single-family homeowners; energy programs; low income rental housing; and special programs for the homeless. Fauske will remain in his current position while serving on the national board.

A few years ago, Fauske was picked by President Clinton to head the Millennium Housing Commission. He serves as well on Gov. Tony Knowles' Jobs Cabinet and the state's Rural Sanitation Committee.

Prior to working with AHFC, Fauske was chief financial officer and chief administrative officer with Alaska's North Slope Borough from 1985-93. He holds a master's degree in business administration from Gonzaga University.

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