Governor Bill Lee has named Chattanooga-area commercial real estate developer Matt McGauley as the chairman of the Tennessee Housing Development Agency board of directors.
McGauley, 42, is the fourth-generation president and CEO of Fidelity Trust Company. The company manages and owns a portfolio of commercial properties in Chattanooga and features development, brokerage and management divisions.
McGauley was initially appointed as a THDA board member by Gov. Lee in August 2020.
Through his work with Fidelity, McGauley focuses on developing innovative and sustainable projects within the Chattanooga area, including Hamilton County’s first LEED-certified building.
McGauley is the recipient of the Sophia Long Award for Excellence in Historic Preservation from Cornerstones.
A Chattanooga native, McGauley attended Bright School and Baylor School before earning a degree in economics from George Washington University in Washington, D.C.
THDA was created by the state Legislature in 1973 to provide loans, grants, tax credits and other financing opportunities to encourage the construction, repair and preservation of affordable housing and to help ensure the housing market meets the needs of every Tennessean, regardless of income, disability or age.
Source: THDA