Wellesley College Student Tess DeLean Works to Fix the Housing Crisis

Oct. 28, 2009

CONTACT: Molly Tarantino,

WELLESLEY, Mass.— Wellesley College junior Tess DeLean, an economics major, felt moved by newspaper reports of the impact of real-estate foreclosures. After learning more in her economics courses about the crisis, she decided to take action as an intern with the Neighborhood Stabilization Program at Boston Community Capital, a community development financial intermediary.

Wellesley junior Tess DeLean will present "Addressing the Foreclosure Crisis through Neighborhood Stabilization"
at the Tanner Conference Nov. 3.

“My summer at Boston Community Capital gave me a completely different perspective on the financial crisis and the importance of innovation in developing solutions,” said DeLean, the daughter of Edward DeLean of Fairfax, Va., and Lynn DeLean-Weber of Marthasville, Mo. “Working on the Neighborhood Stabilization Program was the first time I had encountered a response that focused on the individual and community level.”

During her internship, DeLean focused on background research for a $50 million grant application from the Department of Housing and Urban Development. She also worked on a project mapping properties in Boston in various stages of foreclosure, as a means to reach more people who may be able to benefit from the Neighborhood Stabilization program

She will discuss her experience during her presentation “Addressing the Foreclosure Crisis through Neighborhood Stabilization” at Wellesley College’s annual Tanner Conference, a day-long event held Tuesday, Nov. 3.

DeLean is continuing her internship for the fall semester at Boston Community Capital. At Wellesley, she is a public speaking tutor and works at the Davis Museum and Cultural Center. She is studying abroad for the spring semester in Austria through the Wellesley-in-Vienna program.

“Working at Boston Community Capital has confirmed my interest in community development, finance and global public policy issues,” she said. “I am interested in pursuing a career that will allow me to apply what I have learned at Wellesley to these fields.”

The Tanner Conference brings together students, faculty, staff and alumnae as they share their off-campus journeys. With projects ranging from “Hip-Hop and Toy Guns in Palestine” to “Stuck in the Mucky-Muck: Adventures in Cape Cod Salt Marsh Research,” Wellesley travelers return to discuss their experiences with the community.

This year’s conference represents the work of nearly 300 students, faculty, alumnae and staff. The annual event was established in 2001 through the generosity of Wellesley trustee Estelle “Nicki” Newman Tanner ’57.To read more about the Tanner Conference and get a full schedule of presentations, visit www.wellesley.edu/CWS/Tanner/.

Since 1875, Wellesley College has been a leader in providing an excellent liberal arts education for women who will make a difference in the world. Its 500-acre campus near Boston is home to 2,300 undergraduate students from all 50 states and 68 countries.