The Housing Council and PathStone Corporation join together to meet Rochester’s housing needs

The Housing Council and PathStone Corporation join together to meet Rochester’s housing needs

ROCHESTER, NY (October 2, 2012) – The Board of Directors of the Housing Council is pleased to announce that it has entered into an agreement to negotiate a permanent affiliation with PathStone Corporation. PathStone will provide executive leadership and support to the staff and board while discussions are underway.

The Housing Council Board of Directors is “thrilled to develop creative, mission-driven partnership opportunities with PathStone Corporation that will integrate resources, improve administrative efficiencies and enhance our housing related services in times of great need,” states Chairperson, Karen Leonardi. “We are confident that we can negotiate the longer term affiliation agreement within the next few months.”

Stuart J. Mitchell, president & CEO of PathStone Corporation, says of the partnership, “the Housing Council has provided critically important services to Rochester and Monroe County residents for more than 40 years. Our two organizations have great respect for each other, and by creating a formal partnership, we can combine our expertise, talents and resources, further strengthening our capacity to address the housing needs of tenants, first-time homebuyers, homeowners and others.”

The negotiations and due diligence process between the Housing Council and PathStone Corporation were supported by the United Way of Greater Rochester’s Synergy Fund. Through a grant from the fund, the United Way engaged the professional services of the New York Council on Nonprofits (NYCON) to serve as a neutral third-party facilitator, as well as to provide legal services.

“We are pleased that United Way can offer assistance to PathStone and The Housing Council as they seek to work together to face challenges being experienced by many not-for-profit organizations our community,” said Peter C. Carpino, president of United Way of Greater Rochester. “These two organizations are important community assets and we know that this new collaboration will allow them to thrive and even more effectively offer service to the people of our community.”
PathStone Corporation has appointed Susan Boss to serve as Executive Director of the Housing Council. “Ms. Boss has worked for PathStone Corporation for more than 15 years, serving as the director of the PathStone First-Time Home Buyer and Mortgage Foreclosure Counseling program for 5 years,” states Mitchell. “She brings a wealth of direct program knowledge to the Housing Council and will be an excellent bridge builder between our two organizations.”

About The Housing Council
The Housing Council is a Rochester, NY based non-profit organization, providing landlord education, foreclosure prevention, pre-purchase counseling, emergency housing services and fair housing education. It is one of New York State’s largest HUD-approved comprehensive counseling agencies.

About PathStone
PathStone is a Rochester, NY based non-profit community development and human services organization, that provides services to low-income families and economically distressed communities throughout New York, Pennsylvania, New Jersey, Ohio, Indiana, Virginia, Vermont, and Puerto Rico. It is a NeighborWorks America Chartered Organization and a certified Community Development Financial Institution (CDFI).


For more information contact:

Stuart Mitchell