Gov. Mark Dayton has appointed Mary Tingerthal to lead the Minnesota Housing Finance Agency. Politics in Minnesota reported more than a week ago that Dayton’s administration was considering her for the job.
Tingerthal is the president of capital markets companies for the Housing Partnership Network. Tingerthal worked in 2008 to create the National Community Stabilization Trust, which puts helps puts vacant and foreclosed properties back into use.
Tingerthal’s background in finance makes her a good fit for the agency that’s the sixth largest bank in Minnesota when compared with commercial banks. Minnesota Housing has administered $97 million in the last five years to address foreclosures.