R. Donahue Peebles replaces Chaka Fattah as Congressional Black Caucus Foundation chair

R. Donahue Peebles, has replaced U.S. Rep. Chaka Fattah as the chairman of the Congressional Black Caucus Foundation.

Fattah stepped down from the position following a 29-count indictment filed against him by the U.S. Attorney’s Office in Philadelphia for misappropriating federal funds to pay off a campaign debt.

Peebles who is the immediate past vice chairman of the Congressional Black Caucus Foundation board of directors, is a real estate entrepreneur, author, and founder and chairman of The Peebles Corporation. He is a District native and one of the most successful Black real estate investors and developers in the United States.

He owns properties in San Francisco, Boston, New York City, Miami, Miami Beach, and the District that includes the Courtyard by Marriott Convention Center Hotel downtown and an office building on Martin Luther King Jr. Avenue in Southeast.

Fattah’s resignation takes place as the Congressional Black Caucus Foundation is preparing for its 45th Annual Legislative Conference that will take place from September 16-20.

Read more: AFRO