Richard Ravitch


'''Richard Ravitch''' is a business and civic leader from New York City. In 1966 Ravitch was appointed by then United States president Lyndon Johnson as a member of the United States Commission on Urban Problems. In 1975 Ravitch was appointed by then New York state governor Hugh Carey to be the Chairman of New York State Urban Development Corporation, maintaining the solvency of the corporation (which was very much in doubt at the time) and completing the construction of approximately 30,000 units of housing for lown income people. In late 2000, he was appointed the co-chair of the Millennial Housing Commission, a special commision established by the United States government (public law 10-6-74). From 1960 to 1977 he was the chairperson of the HRH Construction Corporation, which created over 45,000 units of affordable housing in New York City and other urban areas. From November 16, 1979 to October 31, 1983 he chaired the Metropolitan Transportation Authority of the State of New York. He had been a principal owner and the chairman of the Bowery Savings Bank of New York. As of 2004, Ravitch is a partner in Ravitch, Rice & Company, and is the chairman of both the AFL-CIO Housing Investment Trust's Board of Trustees, and the AFL-CIO Building Investment Trust's Advisory Board.