Lauretta Casimir-Mahoney, the new CEO and President of NeighborWorks Sacramento Region, is ideal for the position. Founded in 1989, NeighborWorks is the bedrock of sustainable living and financial empowerment, and Casimir-Mahoney — who’s been known for two decades as the Queen of Finance among industry partners — has the expertise and attitude to take the mission to the next level.
As a local growing up in Sacramento, Casimir-Mahoney served in the U.S. Navy, intent on launching a JAG law career, but she recognized a more suitable path in real estate, where she built her career and legacy.
“I had tremendous success in mortgage, real estate finance and
development, which afforded me an early retirement,
so I’ve sought ways to give back,” she says. “My role with NeighborWorks gave me a front-row seat to connecting the private and nonprofit sectors to benefit the consumer.”
Casimir-Mahoney’s support for NeighborWorks began in 2013 as a member of the board and as board chair in 2020. Just as she retired from the private lending sector, she was invited to become the NeighborWorks Sacramento CEO and President.
“My mandate is to lead at all costs and always be closing with my eye on the next business opportunity.”— Lauretta Casimir-Mahoney
CEO and president
This self-proclaimed nonconformist sees no difference between leading a nonprofit or a private business, explaining, “I’m in the people business, whether private or nonprofit, and my job is to build relationships.”
She notes that as chief thought leader, fundraiser and project creator, “my mandate is to lead at all costs and always be closing, with my eye on the next business opportunity.”
With Casimir-Mahoney at the helm, NeighborWorks is reintroducing
as part of the much-needed evolution of housing.
“There is nothing basic about leading a nonprofit, economic community development corporation in this early stage of a post-COVID era and the current state of housing and capital access,” she says. “I want our communities and financiers to think of NeighborWorks first when they think of economic and housing development, homeownership, and innovative affordable housing sustainability.”