West Sacramento, Calif. — Rural Community Assistance Corporation (RCAC) is pleased to announce that Juanita Hallstrom is its new Loan Fund director.

Hallstrom has more than 24 years of experience in real estate and mortgage finance. Since 2000, she has taken on many duties at RCAC, including managing loan administration staff, loan closing and servicing, and investor reporting. She has also been instrumental in developing and managing RCAC’s 502 Loan Packaging program. Most recently she was the assistant director for lending programs, and since Michael Carroll’s departure in September she has been the interim Loan Fund director.

“It’s an honor to be selected as the new Loan Fund director at Rural Community Assistance Corporation,” Hallstrom said. “During my tenure here, I have learned a great deal, and this opportunity allows me to put all of these skills to greater use. I look forward to helping carry out RCAC’s mission to serve our rural communities.”

“Juanita worked closely with Michael Carroll to expand the breadth and depth of the loan fund. As the interim director for the past three months, she has clearly demonstrated both the knowledge and commitment to lead the Loan Fund, and we feel very fortunate to have someone with her knowledge of our organization to take on this role,” said Stanley Keasling, RCAC chief executive officer.

Founded in 1978, RCAC provides training, technical and financial resources and advocacy so rural communities can achieve their goals and visions. RCAC serves rural communities in 13 western states and certain Pacific islands. Services are available to communities with populations of fewer than 50,000, nonprofit organizations, Tribes, farmworkers and colonias. Read about RCAC.

Contact: Julia Helmreich director, Communications, Development and Events
(916) 447-9832 x 1008
jhelmreich@rcac.org