Three low-income housing tax credit (LIHTC) industry veterans have joined forces at Affordable Investment Advisors.
Greg Judge, Catherine Talbot, and Mike Caliva are partners behind the new firm that will provide services to the developer, investor, and syndicator communities. They have a combined 55 years of LIHTC experience.
All three spent their entire affordable housing careers at Boston Financial Investment Management (BFIM) and its predecessor firms (MMA Financial, LendLease, and Boston Financial Group). Judge held a variety of roles from chief investment officer of LendLease, president of MMA Financial, and COO of BFIM. Talbot had been a senior executive primarily responsible for acquisitions in the western United States as well as investment strategy, and Caliva had been responsible for structuring BFIM's investment funds.
"After many years learning, growing, and creating at Boston Financial, we are very excited to use our complementary talents and knowledge to create Affordable Investment Advisors," Judge says. "We envision the company as both an advisory and investment banking group focused on the LIHTC space. We have been very pleased with the response we have received from the industry as well as securing a number of assignments all in our first month of operations."