| Team
 Stacey
Parks Townsend
President/CEO
In
1999 Stacey was recruited by a consortium of property and casualty
insurance companies to organize and manage PCI. Her primary
responsibilities include functioning as CFO, COO and Senior Lender.
Stacey joined the Initiative after four years at MassBusiness
Development Corporation, where she created and managed a subsidiary
that specialized in loans to minority and women-owned businesses,
community development groups and not-for-profit organizations. Prior to
MassBusiness Stacey spent sixteen years working in various lending and
management positions at the Bank of New England, BayBank and
BankBoston. She is a graduate of Wellesley College and a native
Bostonian. Stacey
enjoys playing tennis, watching
football and traveling to any location that has sand and sun. Return to
Team List
Tom Beard
Vice President of Affordable Housing Tom
has been in the affordable housing, community and economic development
field for 18 years. He started his career in 1997 with Massachusetts
Housing Partnership Fund after
receiving his Masters Degree in Public Administration from Northeastern
University. Tom then worked for the Nonprofit Finance Fund
and Eastern Bank before
joining PCI in July, 2014 as Vice President responsible for real
estate and affordable housing lending. Tom is an avid amateur photographer and enjoys spending time with his wife and twins. Return to
Team List
Paula
Alves Zaiken
Vice President of Business Lending Paula
started her lending career at the First National Bank of Boston, where
she completed the bank’s loan officer training program. Her 23 year
career with the bank included responsibilities that ranged from a
multi-year assignment as commercial banker and regional credit officer
in Brazil to lending to businesses and not-for-profits in low- and
moderate-income Massachusetts neighborhoods. Paula joined PCI in March
2006 and is responsible for the fund’s business, not-for-profit, and
economic development lending activity. Paula was born in the Azores
islands and is fluent in Spanish and Portuguese. She is a graduate of
Harvard College. Paula
enjoys spending time with her husband and two sons, entertaining
friends and family, and is an avid theater and movie-goer. Influenced
by her years in Brazil, she is a fan of Carnaval, Caipirinhas, and
World Cup Soccer. Paula has traveled extensively in Europe, Asia, and
Latin America. Return to
Team List
 Fay Childers
Loan Administrator
Fay
joined PCI in December of 1999 as office manager. Fay's past employers
include Synectics, Gordon Brothers Finance Company, Baring Asset
Management and State Street Bank serving as Executive Assistant to
various department heads. Fay hails from historic
Selma, Alabama and enjoys singing, sewing and traveling. Return to
Team List | 
