The U.S. Department of Agriculture (USDA
) has announced the hiring of Bruce Lammers as the Administrator of Rural Development’s Rural Housing Service.
Lammers comes to the USDA after serving for three years as president of a specialized government-guaranteed lending division of Byline Bank. Before that, Lammers was Chairman and CEO of Ridgestone Bank, a national leader in government-guaranteed lending that was acquired in 2016 by Byline Bank. Lammers has also served as a board member of the National Association of Government Guaranteed Lenders (NAGGL).
“Public-private partnerships are essential to increasing access to capital and building prosperity in rural America,” said Acting Assistant to the Secretary for Rural Development Joel Baxley. “Lammers has been a long-time leader in government-guaranteed lending, and this important perspective will help USDA Rural Development be a stronger, more innovative partner with private, community-focused lending institutions across the country.”