John B. Rhea was appointed Chairman of the New York City Housing Authority (NYCHA) on June 1, 2009 by Mayor Michael R. Bloomberg. NYCHA is the largest public housing authority in North America, providing decent and affordable housing for over 630,000 New Yorkers with low- and moderate- incomes within the five boroughs. The Authority’s Conventional Public Housing Program comprises 334 developments encompassing 2,597 residential buildings and 178,895 apartments. NYCHA also administers a citywide Section 8 Leased Housing Program, which provides vouchers for nearly 95,000 households with apartments in the private rental market. The program has nearly 31,000 participating landlords. To enhance the quality of life for NYCHA residents, the Authority also provides a host of community and educational programs, as well as employment and training initiatives.
Chairman Rhea has over 20 years of corporate experience, having served as both an advisor and senior executive at a number of the world’s leading corporations. Most recently, he was a Managing Director in the Investment Banking Division of Barclays Capital and served as Co-Head of the Global Consumer & Retail Group. The Chairman is a founding member and director of the Council for Urban Professionals (CUP), a non-partisan, non-profit organization representing the social, political and economic interests of urban-based professionals and entrepreneurs. He serves on the Board of the New York Business Development Corporation – the largest originator of Small Business Loans in New York State. A tireless advocate for early childhood education, arts and cultural programs for New York City’s youth, Chairman Rhea serves on the Board of Rush Philanthropic Arts Foundation, and as a Board Chair of the Children’s Museum of Manhattan. Chairman Rhea is also a member of the Executive Leadership Council and a former David Rockefeller Fellow. An early supporter of President Barack Obama, Chairman Rhea was a member of the Obama for America National Finance Committee.
Born in Detroit, Michigan, Chairman Rhea attended the Detroit Public Schools and the University of Detroit Jesuit High School. He received a Bachelor of Arts from Wesleyan University and a Master of Business Administration from the Harvard Business School.
He resides in Manhattan with his two children.
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