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Initiative controller Faith Bynum named to housing board

December 10, 2012 – N.C. Community Development Initiative controller Faith Bynum has been named to a two-year term of the board of directors of the N.C. Affordable Housing Group of North Carolina.

TAHG is a nonprofit organization established in 1966 to develop affordable housing and provide technical assistance to community-based and faith-based organizations in North Carolina.

Initially funded through the Ford Foundation and the North Carolina Fund, under the leadership of former N.C. Gov. Terry Sanford, its early efforts were targeted toward small towns and rural communities underserved by other entities. Today, it provides an array of services to build the capacity of local groups and expand the number of organizations capable of serving the housing needs of their communities. The result has been the development of thousands of affordable homes and a growing number of local organizations with the motivation, knowledge and skills to address the affordable housing needs of their citizens.

Bynum joined the Initiative staff in 2004 as staff accountant and loan servicing officer, and was named controller in 2007. She maintains financial accounting systems for the Initiative and its lending subsidiary, Initiative Capital, assists in governmental relations and represents the organization at various subcommittee meetings of the General Assembly.

A certified public accountant, Bynum is a member of the N.C. Association of Certified Public Accountants, American Institute of Certified Public Accountants, 2012 Executive Board Member of the Wake County Young Democrats and Steering Committee member of the N.C. Legislative Black Caucus Foundation.

The N.C. Community Development Initiative leads North Carolina’s collaborative community economic development effort, driving innovation, investment and action to create prosperous, sustainable communities. For more information, visit

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