Michael Swack is a
faculty member at the University of New
Hampshire, where he has appointments at
the Carsey Institute and at the
Whittemore School of Business and
Economics. At Carsey, he is working on
building scale in the nonprofit
community development sector,
innovations in community development
finance, microfinance, and new models of
social enterprise. He manages two
ongoing projects: the Financial
Innovations Roundtable (in collaboration
with the Federal Reserve Bank of Boston)
and the Stonyfield Farm Entrepreneurship
Institute (in collaboration with
Stonyfield Farm Yogurt). He has over
thirty years of experience in the fields
of economic development, finance,
microfinance, and development banking.
Michael was the
founder and former dean of the School of
Community Economic Development (CED) at
Southern New Hampshire University. He
has been involved in the design,
implementation, and management of a
number community development lending and
investment institutions both inside and
outside the United States. He was the
first chairman and served for seventeen
years as a board member of the New
Hampshire Community Development Finance
Authority (CDFA), a state-chartered
equity fund for community economic
development ventures and projects.
He is the founding
president and a current board member of
the New Hampshire Community Loan Fund.
He was a founding board member of the
National Association of Community
Development Loan Funds (now the
Opportunity Finance Network), a trade
association of Community Development
Finance Institutions, and a current
member of the Community Development
Advisory Council of the Federal Reserve
Bank of Boston. Internationally he has
been involved in development finance and
microfinance work in Africa, Asia, and
Latin America. He received his doctorate
degree from Columbia University, his
master’s degree from Harvard University,
and his bachelor’s degree from the
University of Wisconsin-Madison.
“Charles Betterton's project for the 1990-1992 Community
Economic Development Master's program was to establish
a National CED Resource Center. In 1998, he
turned down a HUD Community Builder Fellowship worth
about $250,000 to continue his non-profit community
empowerment work. As one of his faculty advisors
22 years ago, I
am grateful for the opportunity to participate in
helping ‘Dr. Bettertown’ continue with this project
which is needed today more than ever
before.” -- Michael Swack, Ph.D., Professor,
the Carsey Institute, University of
New Hampshire and founding Dean, School of
Community Economic Development, Southern New Hampshire
University |