Page 2 - 2019 Annual Report

CHAIRMAN’S WELCOME

Dear Friends of New Neighborhoods,

New Neighborhoods is living up to the mission that Pat Marshall set for us more than 50 years ago, providing
quality affordable housing and opportunities to the residents. 2019 was a great year for New Neighborhoods
as it achieved a new level of stability, both operational and financial.

New Neighborhoods has built on the platform it established in 2018 and is now ready for anything. With the
work Jamey and our staff have put in, New Neighborhoods is prepared for all eventualities, whether they be
normal operations, emergencies, or opportunities for growth.

Of course, we have always served our tenants and they remain our first priority. Our staff’s preparation and
the new level of financial stability enables New Neighborhoods to sustain our services in the most trying of
ROBERT H. N. OBRIEN times and maintain our buildings to a standard in which we take pride. We look forward to our next real estate
Chairman of the Board development to both serve more people and deepen our additional services.
Vice President, Relationship Manager,
People’s United Bank
Thank you to New Neighborhoods’ stakeholders, including but not limited to the staff, tenants, funders,
lenders, and advisors. We look forward to sharing more successes together for years to come.
BOARD OF DIRECTORS
Robert H. N. O’Brien
Kevin C. George Chair of the Board of Directors
Vice Chairman of the Board
Senior Counsel at Holland &
Knight, LLP
Lester McKoy
Secretary of the Board
Assistant Police Chief, Retired
City of Hartford, Connecticut SERVICING OUR TENANTS
Philip L. Swan
Treasurer of the Board
Chief Economist, Retired
Resident-Centered Services
International Business Machines
Rhonda Leone
Vice President and Construction New Neighborhoods does far more than provide affordable housing; we also provide resident-centered
Lending Manager
Union Savings Bank services designed to support and improve the lives of those most in need; working but low-income families,
veterans, seniors, and the formerly homeless.
Ronald D. Corwin
Management Consultant, former
Executive Vice President
NatWest Bancorp Here are highlights of some of the services provided by New Neighborhoods in the past year:
Peter J. Helmes Summer Meals Program
President of Helmes Consulting, an
Architectural & Engineering Firm Too many families continue to struggle financially and rely on our schools to provide free meals to their
children. Unfortunately, when schools are in summer recess, many of these children go hungry. Our annual
Ellen P. Tower Summer Meals Program offers breakfast and lunch to children who would normally receive free meals at
Consultant, formerly Vice President,
Director of Community Relations, school. This program is available to school-aged children for seven weeks during each summer recess and this
Citibank
past year, New Neighborhoods’ Summer Meals Program served a total of 7,350 meals to our children.
Charles C. Judd
Vice President of Operations, Retired, Food Pantry
Southern New England Tel. Company
Many of our resident’s struggle with cost of the food and other basic necessities for their home. As an exten-
Matthew R. Edvardsen sion of, and partnership with, the local food bank, New Neighborhoods provides a food pantry service for
Director of Asset Management &
Acquisitions, Spinnaker Real Estate those tenants needing to supplement their grocery needs and help get them through the end of the month.
Estate Partners
We deliver food care packages to the doors of our residents with mobility challenges, while other tenants
come down to our drop-off locations inside their buildings and make their own selections. In 2019, New
Neighborhoods gave out the equivalent of 28,000 meals worth of free food to those in need.

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