Hala Farid photo

Hala Farid

Director - Office of Homeownership Preservation
Citigroup


New York City, NY

‘Homeownership is the gateway to attaining the American dream’ Hala’s Professor said. It was the inspiring quote that put her on the path of community development, access to credit and affordable homeownership. She began in 1990 working as a CRA Mortgage Lending Officer, then in 1994, she transitioned to a housing counseling opportunity at NHS of NYC. For the next eight (8) years, she helped people buy homes, rehabilitate their credit, save money, and avoid foreclosure. It was a dream job; she enjoyed and felt really good about the work-it was mission driven, providing New York families with homeownership counseling and education - pre purchase, post purchase, Landlord Training and foreclosure prevention/intervention. 

Hala joined Citi Community Development in 2002, and has had several assignments ranging from affordable mortgage products and homeownership program development to managing the Citi Office of Homeownership Preservation (OHP). OHP is dedicated to creating and preserving homeownership opportunities for LMI families and individuals, and supporting community stabilization efforts. As Director of OHP, Hala manages National Nonprofit partners and advocates, supporting their efforts to find alternatives to foreclosure. OHP is also responsible for planning and implementing strategies that facilitate the responsible disposition of REO’s, support the development and sustainability of policies, practices and programs that promote affordable sustainable homeownership, community stabilization, and blight abatement. 

Throughout her career, Hala has received several awards for her dedication to her partners including the Riac NHS of NYC Award, the NeighborWorks Recognition of Support Award; the Citimortgage Recognition of Support Award, the Citi Community Relations Gem Award and was a CitiStar. 

She serves on several boards and committees including the NCHEC Advisory Council, the National Industry Standards Committee, HomeFree USA Board, and is a proud member of a couple of NHSNYC committees.

Hala is a long time New York City resident; she is relocating to Washington DC this summer.