Chrystal Kornegay currently serves as Executive Director of MassHousing which lends over $1 billion annually to produce and preserve affordable rental housing and create homeownership opportunities for low- and moderate-income borrowers. Under Ms. Kornegay's leadership, MassHousing launched a highly successful Down Payment Assistance program; secured over $80 million to expand its Workforce Housing initiative; and developed a nationally recognized program for homeownership production in communities of color.
Before joining MassHousing, Ms. Kornegay served as the Baker-Polito Administration’s Undersecretary for Housing and Community Development where she successfully advocated to increase state capital dollars for affordable housing by almost 18%; partnered to increase rental subsidies for low income families by 42%; and collaborated to dramatically reduce the number of homeless families in motels.
Prior to her work as Undersecretary, Ms. Kornegay was President and Chief Executive Officer at Urban Edge, one of New England’s largest community development corporations. She is credited with leading the organization’s financial transformation, resulting in a $3 million increase in the Agency’s net asset position.
Ms. Kornegay serves on the boards of the Massachusetts Department of Transportation and the Massachusetts Bay Transit Authority, the National Housing Trust, the National Council of State Housing Agencies (NCSHA) and is a member of the Federal Home Loan Bank of Boston’s Advisory Committee. She holds a Master’s in City Planning from the Massachusetts Institute of Technology and a B.A. from Hunter College.
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