NYCHA Budget Chief

NYCHA's Annika Lescott-Martinez guides critical financing.

1 MIN READ

Emmanuel Abreau

Annika Lescott-Martinez is the chief financial officer of the New York City Housing Authority, guiding the agency through three tough budget cycles and producing award-winning financial statements. Not afraid to ask questions, she’s met with countless residents and staff to better understand the issues they face.

Key contributions: Manages a $4 billion annual budget and a $1 billion investment portfolio; oversees five different teams made up of 150 people; closed on $400 million of municipal bonds; and developed interactive financial management training for 500 property management staff members.

Quote: “I’m proud of creating a more transparent agencywide budgeting process that empowers over 150 property managers in the field, as well as our executives. Everyone has an ability to participate in the creation of our $4 billion operating budget.”

Where it began: Intern for the Local Initiatives Support Corp.

Family: Lescott-Martinez and her husband, Nicholas Martinez, a developer and managing partner of The Graced Cos., welcomed a daughter this year. “Around the dinner table, we talk about housing policy.”

Boards: New York City Public Housing Preservation Trust

About the Author

Donna Kimura

Donna Kimura is deputy editor of Affordable Housing Finance. She has covered the industry for more than 20 years. Before that, she worked at an Internet company and several daily newspapers. Connect with Donna at dkimura@questex.com or follow her @DKimura_AHF.

No recommended contents to display.