MassHousing Leadership

Chief Executive Officer

Chrystal Kornegay is a mission-driven problem solver whose career is defined by repositioning organizations for growth. Her data-informed, laser focus on outcomes has led to increases in state investments in affordable housing and the launch of nationally recognized programs to advance mixed-income housing, climate resilience and homeownership.

For nearly two decades, Chrystal has held senior positions in the nonprofit and government sectors, using transactions to drive change. Under her leadership, MassHousing has grown to serve exponentially more people, and secured over $500M in government funds to expand housing production and preservation. More than one-fourth of the dollars that MassHousing has lent in the past five decades have been delivered during Chrystal’s tenure.

Prior to joining MassHousing, Chrystal served as Undersecretary of the Commonwealth's Department of Housing and Community Development. She previously served as President and Chief Executive Officer of the community development corporation Urban Edge.

Chrystal lends her fun-loving spirit to the industry by serving on the boards of the National Council of State Housing Agencies and the National Housing Trust. Chrystal holds a master's degree in urban planning from the Massachusetts Institute of Technology and a Bachelor of Arts Degree from Hunter College.

Chief Financial & Administrative Officer

Rachel Madden oversees the overall administration of MassHousing.

Prior to joining the Agency, Rachel was the Undersecretary for the Executive Office for Administration and Finance. She previously held roles as the Director of Administration and Finance and Chief Financial Officer for the Massachusetts Water Resources Authority; Deputy Registrar at the Registry of Motor Vehicles; and Director of Field Operations for the Department of Revenue Child Support Enforcement Division.

Rachel is a graduate of the University of Rochester in New York.

Chief Legal and Operating Officer

Colin McNiece is a key strategic advisor to the MassHousing Board and works closely with every other member of the executive team on all aspects of the Agency's business.

A planner and attorney, Colin has dedicated his career to community development. Prior to joining MassHousing, Colin held roles as bond, borrower, underwriter and bank counsel as a public finance attorney at a Boston law firm and as the Chief Planner and then Economic Development Director for the City of Lowell. He earned a Master's Degree in Community and Regional Planning from Iowa State University and a J.D. from Roger Williams University School of Law.

Vice President of Homeownership Programs

Mounzer Aylouche oversees all aspects of MassHousing's homeownership business, including production, lending operations and servicing. He has extensive experience in the home mortgage lending industry, having held positions in loan servicing, secondary marketing, loan origination, and senior management. At MassHousing, he previously served as secondary marketing officer, relationship manager and manager of Homeownership Business Development.

Mounzer was the 2017 Chairman of the Massachusetts Mortgage Bankers Association (MMBA), and the past president of the organization's charitable arm, the MMB Foundation. He holds a Bachelor's degree in Financial Management & Economics from the University of Massachusetts at Lowell, and an MBA in Marketing from Southern New Hampshire University.

General Counsel

As General Counsel, Amy Quimby leads MassHousing’s internal legal team, supports the Agency’s business lines and ensures compliance with legal and statutory requirements. Amy has extensive experience in housing and finance, and has served as an attorney for public, private and nonprofit organizations. Most recently, she was assistant general counsel for the Federal Home Loan Bank of Boston.

Amy earned her undergraduate degree from the University of Massachusetts at Amherst and her J.D. from Suffolk University.

Vice President of Strategic Community Initiatives

Tony Richards leads the deployment of soft-debt subsidy tools to finance small-and medium-sized developments, with a focus on first-time homebuyers, renters and individuals in recovery. He helps drive the Agency's efforts to boost housing opportunities across Massachusetts.

Previously, Tony served as Deputy Chief of Staff in the Massachusetts Governor's Office, where he led housing and economic development policy and public construction compliance efforts. He was responsible for guiding strategic initiatives to improve wealth-building through homeownership, small business growth and sustainable development.

Tony has deep expertise in developing strategies to help people transition out of poverty. He holds a Bachelor's degree from Clark Atlanta University and a Master's in Public Administration from Suffolk University.

Vice President of Multifamily Programs

Mark Teden oversees the origination, underwriting and servicing of MassHousing’s multifamily loans, leads the development of new loan products and business opportunities, and serves as the primary liaison for the Agency’s multifamily development and management business lines.

Immediately prior to joining MassHousing, Mark served as the Managing Principal and Chief Operating Officer for Bruner/Cott & Associates, Inc., and prior to that as Executive Vice President at Cambridge Savings Bank. In addition, Mark served as a Board member at Homeowner’s Rehab, Inc., for over 20 years. He earned an undergraduate degree in Finance from the University of Massachusetts at Amherst and a Master’s in Business Administration from Northeastern University.