Minnesota Housing is pleased to announce that it has named
a new Chief Financial Officer, Michael Solomon.
Solomon has significant public finance expertise in financial management for large, complex organizations, particularly in local government.
Most recently Solomon served as City Treasurer for the City of Saint Paul where he actively managed the city’s $450M+ cash and investment portfolio, oversaw its $500M+ debt portfolio financing major redevelopment projects, and helped open the city’s Office of Federal Empowerment.
During his ten years with the City of Saint Paul, he held positions as Debt Manager and Treasury Analyst. Prior to that he was a Financial Analyst with a local municipal advisory firm.
Commissioner Jennifer Leimaile Ho says she is impressed by Solomon’s extensive background in public finance and his clear passion for mission-driven work.
“Solomon’s experience with investments, policy development and program implementation is what the agency needs,” says Ho. “His experience managing $160M+ in federal funds through the American Rescue Plan Act and Emergency Rental Assistance funding will serve him and us well from day one.”
“I am excited for the opportunity,” says Solomon. “I look forward to applying my experience in municipal bond issuance and government finance background to advance the mission and goals of Minnesota Housing.”
Solomon succeeds Kevin Carpenter as the agency’s CFO. Solomon will join Minnesota Housing August 1.
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