- On May 12, 2021
- In Advocacy
IBA COO Mayra I. Negrón-Roche Appointed to BIDFA Board of Directors
As a nonprofit organization and dynamic community development corporation, IBA is committed to serving its neighbors in whatever way it can. This includes sharing the expertise of its staff with other Boston-based organizations that support IBA’s mission to increase social and economic mobility across the city. It is with this in mind that IBA proudly announces the appointment by Acting Mayor Kim Janey of its Chief Operating Officer, Mayra I. Negrón-Roche, to the Boston Industrial Development Financing Authority’s Board of Directors.
Founded in 1971 and constituted as a board of the City of Boston in 1972, the Boston Industrial Development Financing Authority (BIDFA) is a board of the City of Boston that promotes economic growth and employment in Boston by issuing bonds to finance the capital needs of the city’s businessesand institutions, including nonprofits and small local businesses. BIDFA has facilitated the issuing of nearly $550 million in bonds and the creation of over 20,000 jobs since its founding, and continues its work even in the midst of the COVID-19 pandemic with programs like its Tax Exempt Lease Program(TELP), which provides nonprofits with support in finding and implementing green energy options that will save money and meet Boston’s carbon neutrality goals.
BIDFA’s board is appointed by the mayor and made up of Boston residents who have extensive professional experience in real estate development and finance, making IBA’s Chief Operating Officer Mayra I. Negrón-Roche a perfect fit for the position. Mayra has been a key member of IBA’s operations since 2004, when she was appointed as the organization’s Chief Financial Officer. Over the years,Mayra’s work at IBA has evolved as she promoted from CFO to first the Chief of Finance and Administration and then the Chief Operating Officer of IBA, a role she has now held for over eight years.
Through overseeing IBA’s Property Management, Real Estate Development, and Asset Management functions, as well as providing guidance to IBA senior staff and employees regarding any and alladministration- and services-related matters, Mayra has developed a deep wealth of knowledge regarding real estate development and finance, making her an exceptional asset to and leader on the BIDFA Board of Directors.
All of us at IBA want to congratulate Mayra for her appointment to the Boston Industrial Development Financing Authority’s Board of Directors, and are so excited to see what impact her experience and leadership will have on the City of Boston....