Northwest Real Estate Capital Corp. is governed by an uncompensated four-member outside Board of Directors. The Board provides the company with a broader perspective for strategic planning, monitors the company’s adherence to its mission of affordable housing preservation and its status as a tax-exempt organization. The Board reviews and authorizes banking and other relationships, property acquisitions and dispositions, business partnerships, formation of legal entities, financing resolutions, compensation, financial and community involvement and long-term objectives including corporate direction, funding and strategy. The Board is advised by outside bond counsel, Hawley Troxell Ennis and Hawley and external auditors Dauby O’Connor & Zaleski (DOZ).
Its governance activities are memorialized during the annual meeting of the Board of Directors, historically held in Boise, Idaho and Sun Valley, Idaho.