As a senior at Southern Methodist University, Angela Kelcher intended to do a couple of internships. But after her first one at AIG SunAmerica Affordable Housing Partners, she was told she wasn’t going anywhere.
“That’s when I got my first full-time job in the industry, and I haven’t left since,” she says.
After experiencing the equity side of affordable housing finance at AIG SunAmerica and the construction debt side as vice president at Bank of America, Kelcher moved to the secondary-mortgage market arena at Fannie Mae in 2004 as a senior business manager.
Three years ago, she assumed the role of director of multifamily affordable lending, overseeing a team of seven people and responsible for Fannie Mae’s multifamily affordable business production nationwide.
Kelcher and her team have provided more than $8 billion in financing for affordable rental housing, including $3 billion last year alone. She says so far this year, Fannie Mae is having record-breaking volumes and a robust pipeline.
“Throughout my career at Fannie Mae, I’ve had the opportunity to work with many outstanding young leaders, and I consider Angela to be one of the best,” says Bob Simpson, vice president of affordable, green, and small loan business at Fannie Mae. “She combines a deep passion for affordable housing with a strong set of real estate and leadership skills that enables her to inspire her team and build stronger relationships with our customers.”
Kelcher is proud of how she and her team have been able to grow the business through new product enhancements.
“This is a continually evolving industry where the needs are growing, and we’ve chosen to evolve with the industry,” she says. “By listening to our customers, we can serve the changing needs of the market.”
The 40-year-old Texas native lives in Dallas with her husband, 10-year-old son, and 7-year-old daughter.