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Advisory Committee Member Biography - Andrea Levere

Photo of Andrea Levere Andrea Levere has led the Corporation for Enterprise Development (CFED) as its president since 2004. CFED is a private nonprofit organization with the mission of building assets and expanding economic opportunity for low-income people and disadvantaged communities through matched savings, entrepreneurship and affordable housing.

Through Ms. Levere's vision and leadership, CFED designs and operates major national initiatives that aim to expand matched savings for children and adults, bring selfemployed entrepreneurs into the financial mainstream and turn manufactured housing into an appreciating asset. CFED operates a comprehensive public policy program to build and protect assets at the local, state and federal levels, and produces the nationally recognized Assets & Opportunity Scorecard.

Under Ms. Levere's guidance, CFED launched two new efforts this year to close the college completion gap by addressing key financial barriers low-income individuals face. The 1:1 Fund is an online marketplace that matches donor dollars to those of students saving for college in a matched savings account. The Partnership for College Completion is an innovative initiative by CFED, UNCF and KIPP that combines incentivized savings accounts, financial and college-readiness education, and scholarship assistance to prepare KIPP students for college success.

CFED has enjoyed significant growth under Ms. Levere's guidance, expanding to a staff of 50 with offices in Washington, DC, Durham, NC, and San Francisco, CA. Ms. Levere has added resources and focus to CFED's policy and communications efforts, leading to a number of policy victories in state legislatures and growing attention to the importance of asset building in the national media.

Prior to joining CFED in 1992, Ms. Levere was a director with the National Development Council. At NDC, she was a lead trainer for the Economic Development Finance Certification Program and designed and conducted "Taking Care of Business," a financial management program for entrepreneurs while also working with cities and states to structure financing for small businesses, affordable housing and urban development projects.

Ms. Levere served as chair of the board of the Ms. Foundation for Women from 2002-2005, after being on its board since 1998. Currently, she serves as the Chair of ROC USA (Resident Owned Communities USA), a national social venture that converts manufactured home parks into resident owned cooperatives. In 2009 she was appointed to the Bank of America's National Consumer Advisory Council. Ms. Levere also serves as a founding member of the Morgan Stanley community Development Advisory Committee.

She holds a bachelor's degree from Brown University and an MBA from Yale University. In 2001, she received the Alumni Recognition Award from the Yale School of Management and in 2008 was named to the inaugural class of its Donaldson Fellows Program, which recognizes alumni who help educate business and society leaders.

Ms. Levere lives in Silver Spring, Maryland, with husband Michael Mazerov, a senior fellow at the Center on Budget and Policy Priorities, and their two children.

Last Updated 04/03/2012 come-in@fdic.gov

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