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Former HUD Deputy Secretary Pam Hughes Patenaude joins PadSplit's Advisory Board


News provided by

PadSplit

Oct 03, 2024, 09:00 ET

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Patenaude joins Andrew Yang as latest member of PadSplit's advisory board

ATLANTA, Oct. 3, 2024 /PRNewswire-PRWeb/ -- PadSplit, the nation's largest coliving marketplace, is announcing the addition of Pam Hughes Patenaude to its advisory board. Patenaude is the former Deputy Secretary of the U.S. Department of Housing and Urban Development (HUD). She brings four decades of experience in housing, urban development, non-profit, and policy roles to PadSplit's board. She joins entrepreneur and former presidential candidate Andrew Yang on PadSplit's advisory board, which counsels PadSplit leadership on policy matters that further its mission of creating affordable housing for lower-income individuals.

"Affordable housing is an increasingly important national and local issue," said Patenaude. "PadSplit has demonstrated considerable success in lowering housing costs and providing affordable units without taxpayer subsidy. I'm looking forward to working with Atticus and PadSplit leadership to support its important social impact mission."

"PadSplit has demonstrated considerable success in lowering housing costs and providing affordable units without taxpayer subsidy. I'm looking forward to working with Atticus and PadSplit leadership to support its important social impact mission." -- Pam Hughes Patenaude

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Patenaude is known for her extensive work in public and private housing sectors. She has served two stints in leadership roles at HUD, administering billions in housing and community development funds, managing natural disasters, and spearheading bipartisan housing policies. She has led organizations and served on numerous boards, including the Bipartisan Policy Center, the Urban Land Institute, the J. Ronald Terwilliger Foundation for Housing America's Families, Habitat for Humanity International, the Home Builders Institute, and the National Housing Conference.

"Pam is one of the most respected and influential voices for housing policies in our modern era," said PadSplit founder and CEO Atticus LeBlanc. "She's connected with everyone in housing policy circles and, most importantly, understands how to bring meaningful change to policies that help make housing more affordable. We couldn't be more excited to have her join our advisory board."

Founded in 2017, PadSplit is a public benefit corporation that provides affordable housing for lower-income individuals. Its award-winning model connects workers, seniors, and students with affordable housing through all-inclusive, short-term coliving. PadSplit currently offers more than 14,000 rooms in 20+ cities across the country and has housed more than 35,000 people. The median annual income of PadSplit residents is $27,000.

For more information, visit padsplit.com.

About PadSplit

PadSplit is the nation's largest coliving marketplace that provides housing specifically designed for the workforce. As a public benefit corporation, PadSplit is intentional about doing well and doing good with a focus on increasing the housing supply and decreasing barriers to access. Their award-winning model allows individuals to find a flexible, long-term rental option that includes furniture, utilities, and access to public transit, all without a minimum credit score. PadSplit's technology platform enables personalized rent payments that facilitate easier budgeting and allow residents to improve their financial health. A fully remote company, PadSplit offers more than 14,000 shared housing rooms nationwide. Apply to become a resident or a property owner at PadSplit.com.

Media Contact

Hela Sheth, PadSplit, 1 6789381318, [email protected], padsplit.com

SOURCE PadSplit

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PadSplit is the country's largest coliving marketplace.
PadSplit is the country's largest coliving marketplace.
PadSplit is the country's largest coliving marketplace.

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