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Karen Fegely Promoted to Director of ONED at the Department of Commerce

Submitted by Emily Hockenberry on Wed, 05/11/2011 - 13:33

Karen Fegely is being promoted to the position of Director of the Office of Neighborhood Economic Development (ONED) team within the Commerce Department.  Karen brings with her over 15 years of experience working in both the private and public sectors including the last four years in city government as an integral part of the ONED team.

PACDC Fact

  • PACDC’s activities have culminated in more than $140 million in new resources for affordable housing and neighborhood economic development efforts.

  • The Philadelphia Housing Trust Fund has raised more than $67 million in revenue since September 2005 to expand housing opportunities for Philadelphia families.

  • The CDC Tax Credit Program has fostered 30 partnerships between businesses and CDCs that is providing $30 million in new funding to support neighborhood economic development.

  • PACDC’s Member Services programming builds the capacity of CDCs through technical assistance and training, the sharing of ideas, best practices, and promotion of the local CDC industry.

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