Max will lead credit strategy and portfolio risk management to support BlueHub’s continued growth and community impact
BlueHub Capital, a national nonprofit community development financing organization, announces the hiring of Constance (Connie) Max as President of Managed Assets and Chief Credit Officer.
Max brings more than 35 years of experience, specializing in the community development financial institution (CDFI) industry managing credit risk and social impact investing. She will lead BlueHub Capital’s credit function, overseeing underwriting, portfolio management and credit policy to support projects that benefit low-income communities, such as housing, education and childcare facilities, health centers, community facilities and grocery stores.
As the President of Managed Assets, she will oversee the deployment of BlueHub’s New Markets Tax Credit (NMTC) allocations. BlueHub is an 11-time recipient of NMTCs and has received more than $690 million in total NMTC allocation since the program’s inception. Previous NMTC investments by BlueHub have supported projects in more than 21 states, including community health facilities, educational institutions, food manufacturing and commercial revitalization efforts. Additionally, Max will also help develop new strategies and financial products.
“We are thrilled to welcome Connie Max to BlueHub Capital. Connie is an accomplished leader in the CDFI industry, and she brings an exceptional depth of experience across credit and community development finance,” said Elyse Cherry, CEO of BlueHub Capital. “As we continue to lend in an increasingly volatile environment, her leadership will be critical to furthering BlueHub’s mission of building healthy communities where low-income people live and work.”
Most recently, Max served as Vice President of Green Lending at Enterprise Community Partners, where she led strategy, risk oversight and compliance for the deployment of climate-focused investments. Previously, Max held senior leadership roles at the Local Initiatives Support Corporation (LISC), where she expanded a multi-product lending portfolio from $150 million to $875 million while strengthening credit quality and growing annual lending volume. She also served as Chief Credit Officer at Nonprofit Finance Fund and held leadership roles at Prudential Financial, where she managed a $500 million social investment portfolio.
“BlueHub Capital is uniquely positioned to drive meaningful change by pairing innovative financing with a deep understanding of local community needs,” said Max. “I’m excited to join the team and to help expand that impact by bringing more thoughtful financing to the people and places that need it most.”
Earlier in her career, Max led international financial initiatives with ShoreBank Advisory Services, working with partners including the World Bank, USAID and the European Bank for Reconstruction and Development to expand access to capital for small businesses and financial institutions globally.
She is from New Jersey and holds a Master of Business Administration from the American Graduate School of International Management and a Bachelor of Science in Business Administration from California Polytechnic State University. She serves on multiple nonprofit and investment committees and has long been active in advancing the field of community development finance.
About BlueHub Capital
BlueHub Capital is a mission-driven, nonprofit community development finance organization focused on building healthy communities where low-income people live and work. BlueHub uses innovative financial tools to support projects that make communities more vibrant through three distinct programs: BlueHub Loan Fund (community development financing), BlueHub SUN (foreclosure relief) and One Percent for America (citizenship financing).