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BOARD OF DIRECTORS

Norman B. Rice

Mr. Rice is currently the Distinguished Visiting Practitioner at University of Washington's Daniel J. Evans School of Public Affairs. Rice will assist in launching a series of seminars on Civic Engagement for the 21st Century. His three year appointment is under the auspices of a grant from the Boeing Company.

Rice is former president and chief executive officer of the Federal Home Loan Bank of Seattle, a $48 billion bank. Retired in March 2005, he assumed his chief executive responsibilities in February 1999. In this post, he brought his passion and commitment for housing and community development to the private sector and worked with more than 375 financial institutions to make their communities better places to work and live. Prior to joining the Seattle Bank, Mr. Rice was Mayor of Seattle, president of the U.S. Conference of Mayors and a long-time city council member.

Under his leadership, the Seattle Bank developed a new mortgage purchase product line and created innovative homeownership programs and funding strategies to help low- and moderate-income families and neighborhoods. The company is recognized as a national leader for its innovations in housing and community development finance, particularly in building public/private partnerships to serve Native Americans and first-time homebuyers. As bank president, Mr. Rice served as Chair of the Federal Home Loan Bank Presidents' Committee on Housing and Community Development.

As mayor, Mr. Rice earned national acclaim for revitalizing Seattle's downtown and strengthening the city neighborhoods through public-private partnerships. While in office, Mr. Rice championed for an improved public school system, breathed new life into Seattle's downtown with new retail centers, housing and civic buildings, and implemented a model welfare-to-work program. He served in this office from 1990 - 1997.

Prior to his election as mayor, Mr. Rice served three terms as a member of the Seattle City Council, and two years as council president. Prior to entering public life, he served as Governmental Affairs Director for the Puget Sound Council of Governments, and was manager of corporate contributions and social policy at Rainier National Bank (now part of Bank of America). Mr. Rice holds a Bachelor of Arts degree in communications and a Master of Arts degree in public administration from the University of Washington. He holds honorary doctorates from Seattle University, University of Puget Sound and Whitman College.

Mr. Rice is committed to fostering the development of vibrant, diverse, self-sustaining communities through housing and economic development. Currently, Mr. Rice is a member of the Brookings Institution's Advisory Committee for Sustainable Communities. He serves on the board of directors for the Enterprise Foundation and the Corporation for supportive Housing, as we1I as the YMCA and the Seattle Urban League. He IS also Co-Chair of the United Way of King County's 2004-05 campaign.

Mr. Rice is the recipient of numerous professional and community awards and he is married to Dr. Constance Rice and they have one adult son Mian.

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