Foundation for Louisiana Hires New Director of the Community Investment Fund

Lousiana’s

“Foundation for Louisiana is excited to have Lydia Cutrer join the team to build on a legacy of meaningful investments that expand economic opportunities for Louisianans,” CEO, Flozell Daniels, Jr. said. “With a deep and diverse background in community development finance and project management, a values-driven commitment to strengthen communities through more equitable outcomes, and a Louisiana native’s perspective on the landscape, we are confident Lydia’s leadership will advance FFL’s mission and the goals of our partners at the One Table initiative.”

New Orleans, LA — Foundation for Louisiana (FFL) announced today that Lydia Cutrer has joined the organization as the new Director of the Community Investment Fund and will manage a growing investment portfolio. As a community development finance expert with national experience, Cutrer will also oversee the launch of the One Table, a new collaborative for financing community development projects in New Orleans, where she will be based.

“Foundation for Louisiana is excited to have Lydia join the team to build on a legacy of meaningful investments that expand economic opportunities for Louisianans,” CEO, Flozell Daniels, Jr. said. “With a deep and diverse background in community development finance and project management, a values-driven commitment to strengthen communities through more equitable outcomes, and a Louisiana native’s perspective on the landscape, we are confident Lydia’s leadership will advance FFL’s mission and the goals of our partners at the One Table initiative.”

“Since returning home to New Orleans in 2012, I have seen many signs of progress and opportunities for continued growth,” Cutrer said. “I am excited to bring my experience and passion for community development to Foundation for Louisiana and help advance funding and technical assistance for people and projects not only in New Orleans and Baton Rouge, but also throughout the state.”

Cutrer recently worked as the Service and Innovation Manager for the City of New Orleans’ Chief Administrative Office. She previously served as an Investment Officer at Calvert Foundation, a CDFI in Bethesda (MD) where she managed a portfolio of affordable housing and community development investments and helped 24 borrowers secure $27.3 million in financing. She was also Asset Manager at PNC Realty Investors in Washington, DC where she managed a $1.5 million of commercial real estate portfolio. Cutrer has worked as an Analyst at JPMorgan Chase in New York (NY) where she helped originate over $5 billion in financing.

Cutrer serves on various community boards and committees locally including A Shared Initiative, Inc., Project Homecoming, Greater New Orleans, Inc.’s NextGen Council, Young Leadership Council, Emerging Philanthropists of New Orleans, American Association of University Women and the Louisiana Center for Women in Government and Business. Raised in the Hollygrove neighborhood of New Orleans and a proud St. Mary’s Academy graduate, she earned her MBA from The Wharton School of the University of Pennsylvania and has a bachelor’s degree in Accounting from Temple University.

About Foundation for Louisiana:
Foundation for Louisiana’s mission is to invest in people and practices that work to reduce vulnerability and build stronger more sustainable communities statewide. FFL’s work is grounded in a commitment for building strong partnerships across sectors and increasing equitable outcomes. Its Community Investment Fund has invested nearly $4 million in community development projects in New Orleans and Baton Rouge since 2008.

Visit www.foundationforlouisiana.org to learn more.