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More about Peg Moertl

PMoertl@GrovedaleConsulting.Net

Peg served as President and CEO for two established financial intermediaries where she succeeded long-time founders and led corporate transitions that involved cultural and structural change while managing bottom line growth and mission focus. She joined Ohio Capital Corporation for Housing (OCCH) as President in February 2019, following a 26-year CEO. OCCH is an independent non-profit affordable housing financial intermediary with a mission to advance the preservation, production, and management of affordable housing through collaborative partnership and innovative thought leadership. In two years, she and the OCCH team raised and invested more than a $1 billion in private corporate equity and public and private debt capital for Low Income Housing and Historic Tax Credit properties involving more than 100 transactions and 5000 units of affordable housing in Ohio, Kentucky and surrounding states.  In addition, she oversaw an affiliated property management and supportive services organization, Community Properties of Ohio Management Services; a lending subsidiary, Ohio Capital Finance Corporation, a certified Community Development Finance Institution (CDFI); and philanthropic arm, Ohio Capital Impact Corporation.  In 2020, she led the approximately 200 workplace-based staff to work-from-home, including technology upgrades and cultural change to seamlessly continue meeting business objectives.

 

She came to OCCH from HCDC, a non-profit economic development agency that grows jobs and the economy through innovation incubation, small business lending, and development services. Peg followed the 35-year founder and initiated the organization’s first strategic plan.  HCDC is the largest SBA 504 lender in Ohio and Kentucky, operates a 90,000 square ft. business incubator and serves as the contracted economic development arm of Hamilton County. Prior to her work with HCDC, Peg served as Senior Vice President of Community Development Banking at PNC Bank for nearly 15 years in roles of increasing responsibility, leading teams originating community development loans and investments, grantmaking and sponsorships, along with increasing small business lending in low-to-moderate income neighborhoods using creative bank-community partnerships. She helped lead the department through multiple bank acquisitions and integrations and directly managed teams spread across the Eastern, Midwestern and Southeastern US.

 

Peg served as the Director of Development at the City of Cincinnati and as Executive Director of Women Entrepreneurs Inc., where she helped develop the region’s first microloan program. She has served on or chaired boards of numerous community and economic development and human service agencies including:

  • Cincinnati Development Fund (net assets approximately $58M);
  • Cincinnati Center City Development Corporation (total assets approximately $413M);
  • Catalytic Development Funding Corporation of Northern Kentucky (total assets approximately $9M);
  • Cincinnati Equity Fund, LLC (3CDC);
  • Local Initiatives Support Corporation (LISC); the Greater Ohio Policy Center; Urban League of Greater Southwestern Ohio; Urban Land Institute Cincinnati-Northern Kentucky District Council, Ohio Housing Council; National Association of State and Local Equity Funds; and Strategies to End Homelessness. Board service is concentrated in executive, finance and audit, loan and investment and policy committees.

 

Peg was recognized as one of Columbus Business First’s Power 100 in 2019 and 2020, Cincinnati Magazine’s 2019 Most Powerful Business Leaders, a Cincinnati YWCA Career Woman of Achievement, and among the Top 15 Ohio Women Business Leaders by the Ohio Women’s Conference, along with honors from Cincinnati Development Fund, Urban Land Institute Women’s Leadership Initiative, the Talbert House, the Cincinnati-Hamilton County Community Action Agency, the CDC Association of Greater Cincinnati, Avondale Comprehensive Development Corporation, Cincinnati Human Relations Commission and the Center for Holocaust & Humanity Education. She is a graduate of Leadership Cincinnati Class XXIII.


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