Editor’s note: OSHBA member Caleb McCaleb has been named to the Kansas City Federal Reserve Bank advisory board and was featured in this article in the Chickasaw Times newspaper
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OKLAHOMA CITY – Chickasaw citizen and longtime Oklahoma homebuilder Caleb McCaleb has been named to the Kansas City Federal Reserve Bank’s Advisory Council.
Governor Bill Amoatubby said Mr. McCaleb was well qualified for the position.
“Caleb has the experience and knowledge necessary to offer sound advice on the state of the ecconom in this area.” Gov. Anoatubby said. “His decades of experience in the housing industry give him a unique understanding of how economic policy will affect people on a day-to-day basis.”
Mr. McCaleb was nominated by Oklahoma City Federal Reserve chief economist Chad Wilkerson, who is employed by the Fed and lives in Oklahoma City. Mr. McCaleb’s nomination was endorsed by President and Chief Executive of the Federal Reserve Bank of Kansas City Esther George.
“Mr. Wilkerson and I have known each other for more than a decade.” Mr. McCaleb said. “Since our business is home building and developing new communities in the Oklahoma City Area, he would call me frequently to get my opinion on the local economy, how people and families are managing, if (building) starts were up or down. I was kind of his ‘go-to’ guy.”
With his appointment, Mr. McCaleb now sees the economy through the eyes of colleagues on the advisory board who represent trucking, timber, real estate, airlines and many diverse businesses. The Kansas City Federal Reserve Bank is in the 10th District and represents Wyoming, Nebraska, Colorado, Kansas, Oklahoma, western portions of Missouri and the northern regions of New Mexico.
He is in his first year of a three-year term.
Mr. McCaleb is president of McCaleb Homes, Inc., and a 31-year veteran of the homebuilding profession. He is responsible for land acquisitions, finance and design of the company’s master plan communities. He is a graduate of Baylor University with a degree in entrepreneurship... Read the full article