LINDA
J. COSTLEY
16226
Remuda Trail
Buda, Texas 78610
Phone: (512)
426-1728
EXPERIENCE
1-91 to
President - The Institute for Finance and Economic Development
Corporation,
Present
Martindale, Texas
Started a successful woman-owned business enterprise (certified by the
city of Austin).
The Institute was launched specifically to provide technical assistance
and training to cities and counties with a need for training regarding state
and federal loan programs, primarily using CDBG expertise.
The Institute has packaged, had approved and administered more Texas
Capital Fund projects than any other grant management company in Texas.
The company's
specialization extends not only to technical assistance and training,
but includes packaging assistance, program guidance, monitoring (auditing) of
CDBG grants, and experience with public/private lending that will allow
recipient cities to better leverage their current programs.
In addition to grant writing for CDBG funds, other loan programs
including Farmer's Home Administration's Business and Industrial loan program;
the Small Business Administrations loan programs, including 7A and 504; the
Texas Department of Agriculture's TAFA program; and economic development
financing using sales tax refunds approved recently by the Texas Legislature,
to name a few, can also be accessed through The Institute.
8-88 to
Director of Programs - Texas Capital Fund - Texas Department of
Commerce - Austin, Texas
10-90
Performed highly responsible administrative and management tasks
including planning, budgeting, directing, marketing, and monitoring the
activities of the Texas Capital Fund,
a statewide Community Development Block Grant loan program.
This program provided direct loans and grants to eligible cities and
counties to assist businesses with funding in order to create or retain jobs.
Conducted public hearings and application workshops for the program.
Drafted the Action Plan language for the U. S. Department of Housing
and Urban Development (HUD), the rules for publication in the Texas
Register, and the loan policies for each program year.
Prepared budgets, reports and forecasts for the Legislative Budget
Board, HUD and the department.
Worked closely with local elected officials regarding their
applications, as well as responded to requests for assistance regarding the
program from legislators and other interested parties.
Interpreted state and federal regulations and worked with HUD to
clarify issues and assist with their annual audit of the program. Coordinated
Texas Capital Fund workload with other areas of the finance at the Department
of Commerce as well and other state and federal agencies.
Supervised loan review and monitoring (auditing) of all outstanding
loans/grants for each program year.
Developed, in conjunction with the accounting department, a
computerized tracking system to track repayment of loans, a system to ensure
prompt payment of loan drawdown requests and to track evidence of job
creation/retention. Supervised review of Revolving Loan Fund Plans submitted
by local elected officials to verify compliance with Title I of the Housing
and Community Development Act of 1974, as amended and approved plans submitted
that met Title I requirements.
Supervised staff of Professionals, Credit Analyst and Administrative
personnel.
5-87 to
Associate Director - Business Expansion Services - Texas
Department of Commerce-
8-88
Austin, Texas
Performed responsible planning and
program development work on statewide finance
programs related to economic development.
Responsible for providing financial
consultation and technical assistance to businesses desiring capital
investment for expansion projects.
Work involved the development of detailed credit analysis of business
projects to determine funding viability, the preparation of
business loan proposals for private and public capital investment,
packaging of loan applications for SBA, Texas Capital Fund and private
lenders, and grant writing for federal and state loan programs.
Marketed the program to other state and federal agencies as well as
to local elected and state officials including development of print
materials and speaking engagements.
Supervised the work of other Associate Directors, Credit Analysts and
Administrative personnel.
2-86 to
Personal Loan Officer - Texas Bank - San Antonio, Texas
10-86
Responsible
for a loan portfolio of $2.8MM. Duties
included approving commercial, home improvement, and consumer loans.
Served on the Bank's loan committee, collected past due accounts, and
made calls to prospective and current customers to cross-sell bank services.
Supervised Loan Administrator.
4-85 to
Credit Analyst - Texas Bank - San Antonio, Texas
2-86
Analyzed financial statements and prepared write-ups for commercial, SBA and real estate loans in amounts up to $2.5MM. Assisted with presentations of loans to credit committee and loan and discount committee. Programmed spread sheet and yield analysis on micro computers. Supervised one other Credit Analyst and training of Credit Investigator. Managed department in the absence of the supervisor. Received award for highest grade in American Institute of Banking class.
EDUCATION
BS - Agricultural Economics - Texas Tech University - Lubbock, Texas
MBA - University of Texas at San Antonio - completed nine hours.
National Development Council training for Operating an SBA Certified Development Corporation.
AFFILIATIONS
Founder - Association for Rural Communities in Texas
Member - National Association of Banking Women
Member - Alpha Zeta National Honorary Fraternity
Member - Shepherd of the Hills Lutheran Church
COMMENTS
I am enthusiastic, dedicated, hard-working, and get along well with
co-workers and customers.
REFERENCES
References
are available upon request.
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