Avesta Housing President & CEO Rebecca Hatfield has been appointed to a three-year term on the New England Community Development Advisory Council (CDAC) of the Federal Reserve Bank of Boston.

Part of the Federal Reserve, the central bank of the United States, the Boston Fed promotes sound growth and financial stability in New England and the nation by conducting economic research, participating in monetary policy making, supervising certain financial institutions, providing financial services and payments, playing a leadership role in the payments industry, and supporting economic well-being in communities.

Prior to working for Avesta, Hatfield worked for Citigroup in various roles within the commercial and corporate banks. She looks forward to bringing her combined for-profit and nonprofit experience to the CDAC as it informs Boston Fed leaders and staff about New England community development activities, barriers to economic growth, and ways the bank can support regional community development.

“I am honored to serve on such an important and prestigious advisory council,” Hatfield said. “The Fed is a vital and effective partner in promoting development and growth in communities throughout New England, and I am excited to have the opportunity to provide on-the-ground insight as a part of the CDAC.”