President & Chief Executive Officer
Forescee Hogan-Rowles currently serves as President & CEO of Community Financial Resource Center (CFRC) a California nonprofit corporation certified by The U.S. Department of the Treasury as a Community Development Financial Institution (CDFI). Appointed in February 1995, Ms. Hogan-Rowles is responsible for managing one of Los Angeles’ largest financial service providers specifically targeted to business owners and residents of low-income communities in Los Angeles County. CFRC offers a variety of services and products including Small Business Loans, First-time Homeownership programs, Individual Development Accounts (IDA’s), Financial Education and Technical Assistance Workshops, and BIZTECH—Business Innovation Technology Center.
Ms. Hogan-Rowles is the former Founder and Executive Director of Westview Economic Development Strategies. A Los Angeles based training, organizational development and consulting organization. The organization secured clients including Aspen Institute-Self Employment Learning Project Research Team, Los Angeles Women’s Foundation, California American Woman’s Economic Development Corporation, Department of Business, Economic Development and Tourism-Hawaii, Office of Hawaiian Affairs and The WEST Company.
From 1990 to 1993, Ms. Hogan-Rowles served as Executive Director of Coalition For Women’s Economic Development (CWED). She successfully managed the growth and achievements of the first Microenterprise organization in Southern California. Among her accomplishments while at CWED, Ms. Hogan-Rowles wrote the proposal that led to the organization becoming a first round grantee in the U.S. Small Business Administration-Microloan Demonstration Program and was invited to The White House to receive the award. Additionally, Ms. Hogan-Rowles forged one of the first partnerships in the nation between a microenterprise organization and a Department of Housing and Urban Development-City Housing Authority.
Prior to joining CWED, Ms Hogan-Rowles taught on the faculty of Brooks College and Woodbury University, both located in Southern California. For nearly six years, she owned and operated Forescee-M. & Co.D/B/A FLIPS, manufacturers of better junior sportswear for women. Under her leadership, Flips clothing was distributed and sold in 26 states and four countries. Her designs appeared in WWD-Women’s Wear Daily and CAN-California Apparel News trade publications.
Ms. Hogan-Rowles earned her Masters Degree in Business Administration at Pepperdine University, Malibu, CA (1996), and completed her Bachelor of Business Administration Degree at Loyola Marymount University, Los Angeles (1980). She also studied at the University of Paris, La Sorbonne (1979), and earned an Associate in Arts Degree-Fashion Design at Brooks College in 1977. She has earned several certifications including Economic Development Finance Professional, Certified Fundraising Executive (CFRE) and a Certificate in Real Estate Finance from the Minority Real Estate Development Program at University of Southern California (USC).
Ms. Hogan-Rowles has received numerous awards including the 2008 Pepperdine University-Graziadio Graduate School of Business Distinguished Alumni Award, 2008 Loyola Marymount University Los Angeles Leader Award and Entrepreneurship Award, and the 2005 Silver Achievement Award from the YWCA of Greater Los Angeles. In January 2004, she was awarded the Martin Luther King, Jr. Economic Justice Award by the Southern Christian Leadership Conference. In 2002 Ms. Hogan-Rowles was awarded the Dr. Frederick K.C. Price Spiritual Excellence Award from Recycling Black Dollars, the 2002 Community Visionary Award from Vermont Village Community Development Corporation, and was named a Living History Maker by Turning Point Magazine in February 2002. She is also the 1993 Gloria Steinem Award Winner for her work in Economic Justice on behalf of women, and formerly served as a national board member of Women Incorporated. She is a founding and former member of the Board of Directors of Association For Enterprise Opportunity (AEO), the national microenterprise trade association, and Co-Chaired its Resource Development and Finance Committee, and is a Co-Founder of California Association For Microenterprise Opportunity (CAMEO).
Appointed in 2005 by Mayor Antonio Villaraigosa, Ms Hogan-Rowles serves as a Commissioner to the Los Angeles Department of Water and Power (DWP) Board of Commissioners. She also serves as a Federal Home Loan Bank Advisory Board Member, is a member of the California Commission For Economic Development, and serves on the Board of Directors of Vermont Village Community Development Corporation, Comerica Bank-California-Community Advisory Board, Opera Noir Board of Directors, and Community Financial Resource Center-Board of Directors.
Ms. Hogan- Rowles resides in Los Angeles with her husband, Steve and have three children.
Vice President & Chief Operating Officer
(323) 233-1900 Ext 234
Ms. Taylor serves as the Vice President & Chief Operating Officer for CFRC, a California nonprofit corporation and a United States Department of the Treasury certified Community Development Financial Institution (CDFI). She oversees a $2MM operating budget and fiscal management of its $7MM loan program. With locations in Los Angeles and San Pedro, CFRC is one Los Angeles’ largest financial service providers incorporated to serve the financial needs of small businesses and under-served communities offering loan programs, technical assistance services, asset building savings programs, homeownership services, and consumer financial management services. Ms. Taylor leads a staff of 20 professionals and manages several joint program partnerships with for-profit and non-profit corporations. A graduate of Wellesley College, Ms. Taylor’s education also includes a MA in Urban Planning from the University of California Los Angeles and a certificate from the Marshall School at University of Southern California in Real Estate Development. She has served as a consultant for the US Department of the Treasury Community Development Financial Institutions Fund and currently is a member of the Aspen Institute MicroTest Microenterprise Research and date collection project.
Assistant to the President
(323) 233-1900 Ext 238
Controller-Consultant
(323) 233-1900 Ext 253
Accounting Manager
(323) 233-1900 Ext 251
BizTech Coordinator
(323) 846-1454
Loan Administrator
(323) 233-1900 Ext 230
IDA Coordinator
(323) 846-1476
Bank On LA Coordinator
(323) 846-1434