Affordable housing industry veteran Robert “Rob” Golden has been named CEO of Boston Financial. He is scheduled to step into the post May 28.

Rob Golden
Rob Golden

Golden will be responsible for overseeing all aspects of the company's operations, strategy, and performance, with a strong focus on further advancing Boston Financial’s mission of investing in affordable housing and community development. He will also join the firm’s executive and investment committees.

Boston Financial is one of the largest and longest-tenured low-income housing tax credit (LIHTC) syndicators in the country, managing a $16.1 billion portfolio comprising almost 1,800 properties. The company was founded in 1969 and acquired by ORIX Corporation USA in 2016.

“I have spent my career working on creative solutions related to the ongoing affordable housing crisis, so I am truly honored to join the firm that I believe has been a trailblazer and the pinnacle of the affordable housing industry for over 55 years,” Golden said in a statement. “As our industry looks to new ideas and innovative approaches, I look forward to connecting with the teams to draw on their expertise and experience and work together to develop and implement strategies that deepen our current relationships, as well as expand capabilities for the wider investment community.”

Golden joins Boston Financial after a 19-year career at Capital One Community Finance, where he recently served as head of originations, responsible for leading debt and equity production efforts for the firm. In his role, he developed and executed a comprehensive strategy to maximize origination volume and revenue growth and oversaw annual production of over $1.6 billion. Earlier, he served as head of equity, portfolio management, and business analysis, and designed and developed Capital One's LIHTC investment program from inception. Over his career, he has led the investment of over $8 billion in LIHTCs, resulting in the creation of thousands of affordable housing units.

“Boston Financial’s leadership and employees have built a market-leading business with a strong reputation for long-term relationships, commitment, and industry knowledge, and Rob is a perfect complement to this high-performing team,” said Jeff Abrams, group head of private credit and real estate at ORIX Corporation USA. “Boston Financial is a highly successful part of the ORIX USA platform and an impactful business that is an integral part of our larger U.S. client offering. We look forward to developing further partnerships across the larger ORIX USA platform and to supporting Rob and the leadership team as they start this new chapter.”

Golden steps into the CEO role following the departure of Greg Voyentzie, who became head of the new LIHTC syndication platform at Greystone.

He joins a leadership team at Boston Financial that includes Marie Reynolds, chief operating officer and chief financial officer.

“With a career that’s been focused on affordable housing, and his passion for making a positive impact on communities across the United States, our teams and Rob share the same philosophy on innovation and impact, commitment to our communities, and dedication to our investor and developer partners,” Reynolds said. “We are looking forward to having him on board and to the evolution and growth of our firm under his leadership.”