Interim President of Elm City Communities
Shenae Draughn was appointed as the Interim President on May 1, 2021. She was also the Senior Vice President of The Glendower Group, an instrumentality of the Housing Authority of the City of New Haven. She joined the Housing Authority in 2009. In January of 2010, Ms. Draughn was promoted to Senior Vice President of The Glendower Group.
As the Senior Vice President of The Glendower Group, Ms. Draughn was responsible for developing and executing long-term strategic plans for her department. In her capacity as Senior Vice President, she played an instrumental role in determining the feasibility of specific projects, while also helping to coordinate city-wide development plans. Additionally, Ms. Draughn was responsible for ensuring compliance with investors and program requirements, including CHFA (Connecticut Housing Finance Authority), HUD (United States Department of Housing and Urban Development), State Department of Housing, and various other government agencies.
Ms. Draughn has over ten years of experience in the real estate development industry with an expertise in affordable housing, managing complex projects utilizing tax credits, private debt, state grants, and HUD- mixed finance and RAD (Rental Assistance Demonstration). Ms. Draughn’s background and experience has helped provide for over $200 million dollars of real estate development in the Greater New Haven area.
Prior to working for The Glendower Group, Inc, Ms. Draughn was an Executive Project Manager with primary responsibility of planning, directing and managing the full scope of projects – from feasibility analyses, to control of related expenditures and tax credits. Ms. Draughn also worked at the Mutual Housing Association of South Central Connecticut, Inc. for many years – most recently as the Deputy Executive Director where she identified affordable housing needs, promoted the development and implementation of affordable housing measures, and supervised and directed all related real estate transactions.
Ms. Draughn holds a Bachelor’s degree in Law and Real Estate Studies from Temple University in Philadelphia, PA and received a Master of Science in Management from Albertus Magnus in New Haven, CT.