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Raquel Favela
Raquel Favela is an experienced professional in the field of economic development and housing with nearly three decades of leadership experience.2 She served as the Chief of Economic Development and Neighborhood Services for the City of Dallas from April 2017 until her resignation in September 2018.13
During her tenure at the City of Dallas, Favela was responsible for overseeing the city's first data-driven Market Value Analysis.3 This initiative was likely part of her efforts to implement development initiatives that created jobs and improved neighborhoods.
Career Highlights
City of Dallas:: Favela's role as Chief of Economic Development and Neighborhood Services was significant, as she was responsible for creating policies to set standards for improving the city.5 Her resignation from this position was effective September 3, 2018.4
National Development Council (NDC):: Before and after her time with the City of Dallas, Favela worked at the National Development Council. She was employed there from 2007 to 2017 and later returned to the organization.7 At NDC (now known as Grow America), she leads the Regional Technical Advisory Services.6
Current Role:: As of the most recent information available, Favela is associated with Grow America (formerly NDC), where she continues to apply her expertise in economic development and housing.2
Expertise and Recognition
Raquel Favela is recognized as an expert in economic development and housing finance.6 Her LinkedIn profile indicates that she holds the credentials EDFP (Economic Development Finance Professional) and HDFP (Housing Development Finance Professional)2, which further underscore her specialized knowledge in these fields.
Given her extensive experience and expertise, Favela has also been invited to join the board of directors at Reinvestment Fund, a national mission-driven financial institution that aims to build equity and opportunity for low-wealth people and places.6