LAI Baltimore Members Ruth Louie and Frank Coakley 2017 02-27
Baltimore Community Lending moves:
“After twenty eight years in downtown Baltimore City, Baltimore Community Lending is moving to the Poppleton neighborhood in Southwest Baltimore. We are renting offices in the historic Lions Brothers building at 875 Hollins Street at the corner of Hollins and Poppleton Streets. The building is being developed by Cross Street Partners and totals 38,000 square feet. BCL is renting 3,000 square feet. The lead tenant is Enterprise Homes and other tenants include a bakery and cafe, UMBC’s Intermedia and Digital Arts graduate program, and the University of Maryland Baltimore (UMB). BCL will also be subleasing space to staff from UMB…”
Ruth Louie
“… Ruth Louie, who retired as President in June 2015, will end her tenure as a Board member in January 2017. This will complete 14 years of service to BCL and an amazing stewardship of the organization as it evolved from the Baltimore City CDFC to a U.S. Treasury certified Community Development Finance Institution…”
Frank Coakley
“… Finally, Frank Coakley has been the Interim Chief Lending Officer since he joined staff in August of 2015. Frank is no longer “Interim”. We have previously explained his history as the first leader of BCL, his work at Maryland National Bank, FNMA, and two terms as Assistant Secretary of the Maryland Department of Housing and Community Development and Director of the Community Development Administration. His leadership and strong relationships have been instrumental in the renewed lending activity at BCL. Therefore, Frank is our Chief Lending Officer…”