DALLAS (September 11, 2019) – The Advance Community Fund (“Advance”) Board of Directors today announced the appointment of Mr. Michael Yorba as its incoming Chair, replacing the outgoing Chair and Founder, Mr. Levi H. Davis. Davis will continue to serve on the Advisory Council of Advance.
Yorba is the founder and CEO of the WFN1.com business news network. As the incoming Board Chair of Advance, he is seeking to connect business owners, corporations and family offices to the mission of community revitalization and advancing economic mobility for the working poor.
Yorba brings a vast range of experience across many diverse sectors, providing a unique vantage point for leveraging local, regional and national relationships in business, finance, and media. His insights and vision as Board Chair will be vital to the growth and development of the organization.
About the Advance Community Fund
Advance Community Fund is a mission-driven organization that provides community technical assistance and debt capital in underserved communities across North Texas to increase economic development and opportunity. Advance has a particular focus on the construction, rehabilitation, and preservation of affordable housing and other projects which serve to accelerate community revitalization and job creation.
Advance Community Fund was established in November 2018 as a direct response to the significant and growing shortage of affordable single-family and multi-family housing units in North Texas. Advance is currently seeking to obtain the Community Development Financial Institution (CDFI) certification from the Department of the Treasury.
For more information on the community loan fund, see www.advancentx.org