Carson City, NV - May 21, 2014
The Department of Business and Industry today announced that CJ
Manthe has been named Nevada Housing Division Administrator. The
appointment comes after former administrator Bruce K. Johnson submitted his
resignation in early May in order to return to Philadelphia to reunite with his
family. Manthe assumed the leadership role effective May 19.
"Nevada Housing Division is such a great fit for me. I am
excited about the opportunity to continue innovating in the field of affordable
housing," said Manthe.
Manthe has over 25 years of management experience in the public
and private sectors. For the past ten years, she worked at the Nevada
Rural Housing Authority (NRHA) as the Chief Financial Officer and prior to
that, Deputy Director. Previously she served in leadership roles at
nonprofit organizations including the American Red Cross and Guide Dogs for the
During her tenure at NRHA, she developed expertise in affordable
housing programs including single family financing programs, tax-exempt bonds,
taxable forward market funding and mortgage credit certificates. Manthe has
also been involved in ground up development and rehabilitation projects for
several multi-family projects assisting Nevada low-income seniors and families.
Ms. Manthe earned a bachelor’s degree in Managerial Accounting
from the University of Wisconsin. She is a member of the National Council
of State Housing Agencies and is a Certified Public Accountant.
by the Nevada Legislature in 1975, the Nevada Housing Division was created to
encourage the investment of private capital and stimulate the financing of
affordable housing through the use of public financing to provide mortgage
loans and to make loans to and purchase mortgage loans from mortgage lenders,
and to perform any other function authorized by NRS 319. The Division
provides low interest rate mortgages and down payment assistance to qualifying
individuals and provides funding for affordable multi-family housing
developments for seniors and families. In addition, the Division oversees
the Hardest Hit Fund, which assists homeowners at risk of default or