Marge DellaVecchia was confirmed as Executive Director of the New Jersey Housing and Mortgage Finance Agency (HMFA) in April 2004.  She previously served as the Chief of Staff of the New Jersey Department of Community Affairs following 13 years of local government management experience in Cherry Hill Township as the director of the Cherry Hill Township Engineering Department, managing and directing the Township's capital improvement program and engineering construction.

As Executive Director of the NJ Housing and Mortgage Finance Agency, the Agency has expanded its role in making funding available for the development of affordable and market rate "for sale" homes under the CHOICE program, and has expanded the first time home buyer mortgage program.  Over the past year, HMFA has been working on the State's foreclosure prevention and asset preservation initiative with Governor Corzine, the Department of Banking and Insurance, the Department of Community Affairs and the State Attorney General's office.  In this capacity, the HMFA now has implementation responsibility for the State's foreclosure assistance programs.  In addition, HMFA has made funding available to support counselors in their foreclosure counseling efforts.

Ms. DellaVecchia is a Licensed Professional Planner and holds degrees from Fairleigh Dickinson University and a Master of City and Regional Planning from Rutgers University.