Mike Boyle is an integral part of the affordable housing industry in the Southeast.
Senior vice president of acquisitions at CREA, he was hired a little more than two years ago to establish the low-income housing tax credit (LIHTC) syndicator’s Florida office and expand its geographic footprint in the Southeast after having worked in the region for other firms.
Since joining CREA in 2015, Boyle has closed 16 transactions, providing more than $100 million worth of LIHTC equity generating over 1,000 units of affordable housing, with several more deals in the pipeline.
“The whole concept of using business as a force for good is appealing to me,” he says.
Boyle, who served five years in the Army Reserves, fell into affordable housing early in his career. After graduating with a finance degree from the University of South Florida, he was hired by a national tax credit syndicator, where he started as an analyst and eventually became responsible for originating deals.
“It was a blessing in disguise,” he says. “There’s really no other industry I’d rather be working in.”
During the recession, Boyle returned to school to earn an MBA at the University of Notre Dame. After fulfilling that goal, he aided friends in launching an insurance business and made his return to financing affordable housing a year later, when he joined a regional LIHTC debt and equity provider. From there, he joined CREA.
He’s active in Florida’s Coalition of Affordable Housing Providers as well as housing coalitions in Georgia, Mississippi, and other states throughout the Southeast. Boyle, 36, and his wife, Cassie, reside in Florida with their two children.