Core Insights - The Initiative for a Competitive Inner City (ICIC) is undergoing a leadership transition with Ronald A. Homer stepping down as Chair of the Board at the end of 2025, succeeded by Jair K. Lynch [1][2] Leadership Transition - Ronald A. Homer has served as Chair for five years and will remain on the Board after his term ends [1][2] - Jair K. Lynch, President and CEO of Jair Lynch Real Estate Partners, has been unanimously elected as the new Chair, marking the third leadership transition in ICIC's history [2][5] Ronald A. Homer's Legacy - Ronald Homer has been involved with ICIC since its founding and has played a crucial role in its development into a nationally recognized organization [4] - His leadership has been pivotal in strengthening ICIC's research and expanding its programs during various economic phases [4][5] Jair K. Lynch's Background - Jair Lynch has been on the ICIC Board since 2017 and brings over 30 years of experience in urban regeneration, managing over $3.4 billion in assets since founding his firm in 1998 [5][6] - He emphasizes the importance of walkable urban spaces and aims to enhance ICIC's impact in under-resourced communities [5][6] Future Direction - The Board's unanimous vote for Jair Lynch reflects confidence in his leadership as ICIC continues to focus on research-driven solutions and partnerships to support small businesses and economic mobility [7]