David G. Clower

As President and CEO of NTCIC, David Clower directs fundraising and acquisition opportunities, develops and implements the company’s overall strategy and new lines of business, and coordinates governing board/staff relations. He also oversees the activities of NTCIC’s subsidiaries, including NT Solar, NT Impact Capital, National Trust Insurance Services, and National Trust Tours.

David joined NTCIC in 2024 with 30 years of commercial and investment banking and community development finance experience across commercial real estate, venture debt, private equity, alternative, and socially responsible impact investment platforms. Prior to joining NTCIC, he served as Chief Credit Officer, Chief Investment Officer, and Executive Vice President of Strategic Investments at RDF, a national, investment grade-rated, community development financial institution based in Arizona. He has specialized experience underwriting and structuring commercial mortgage-backed securities working with bulge bracket investment banks and spent ten years early in his career in lending and client advisory roles with Silicon Valley Bank in both California and Texas.

He is currently a member of the New Markets Tax Credit Advisory Board of Directors for Petros Community Impact Fund, a Texas-based Community Development Entity; a member of the Board of Directors for The Open Access Fellowship, which is focused on increasing Black and Latino representation throughout the community development industry; and as Chair of the board of Directors for the Phoenix Conservatory of Music, a non-profit, creative youth development organization.

David previously served as Chair of the CDFI Advisory Board for Quontic, a privately-held, New York-based adaptive digital bank; an Executive Committee Member of the New Markets Tax Credit Coalition’s Board of Directors, a member of the Bank of America Merrill Lynch Community Advisory Board, a member of the Corporate Advisory Board of the Phoenix Chapter of the Association of Latino Professionals for America (ALPFA); and as Vice Chair of NTCIC’s Board of Directors. He is a multi-national with dual citizenship in the United States and México. He studied Applied Economics at the University of San Francisco, Commercial Real Estate Finance at the Massachusetts Institute of Technology, and Strategic Business Leadership at the University of Chicago Booth School of Business.