Todd A. Lee, who led the District of Columbia Housing Finance Agency since 2016, died Jan. 1, announced agency officials.
“We are shocked and saddened by the passing of Todd. He was a devoted family man, a great leader, and grew to be one of my closest friends. The entire DCHFA team mourns his loss, and we extend our sympathies to his wife and two children who were the center of his world,” stated Buwa Binitie, DCHFA Board of Directors chairman. “I am honored to have worked with him and learned a great deal from him.”
The agency did not report the cause of death.
During Lee's tenure at DCHFA, he launched new affordable multifamily financing solutions, single-family mortgage products, and workforce housing investment strategies. Under his leadership, more than $1 billion was invested in the creation and preservation of affordable multifamily rental and workforce housing units in addition to supporting homeownership opportunities throughout the District.
Prior to joining DCHFA, Lee, 51, was vice president for multifamily equity in the community investments unit of Fannie Mae’s Multifamily Division. He also recently served on the boards of the National Council of State Housing Agencies and the National Association of Local Housing Finance Agencies.
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