White to Retire From CHFA
Cris White, the longtime executive director and CEO of the Colorado Housing and Finance Authority (CHFA), announced he will retire in March.
“It is with humble gratitude and pride that I have reflected on the many accomplishments we have achieved over the 35 years I have been a part of this great organization,” he said in a message to the agency’s partners and customers. “CHFA has been a foundational part of who I am. The work we have done together—whether in my role as a college intern, a member of CHFA’s business finance team, asset management director, chief operating officer, or for the past 14 years serving as executive director and CEO—and the impact we made to strengthen Colorado through innovation, community and partner engagement, and intentional investment will always be among my proudest accomplishments.”
A search committee has been formed to begin looking for a new executive.
HPN Welcomes Community Development Leader
Noel Andrés Poyo has been named executive vice president of peer exchange, policy, and programs at Housing Partnership Network (HPN).
He is a nationally recognized leader and expert in the fields of community development, affordable housing, and impact investing. His 25-year career has been dedicated to integrating immigrants and low-income households into the mainstream financial services and real estate sectors, as well as improving the livability and economic resilience of low-income neighborhoods and affordable housing communities.
In his new role, Poyo will oversee peer exchange, policy, and programmatic initiatives to benefit HPN’s diverse membership of over 100 leading affordable housing organizations.
He joins HPN after three and a half years as deputy assistant secretary for community economic development at the U.S. Department of Treasury, where he played a pivotal role in advancing housing and economic development policies and programs that supported underserved communities, including leadership of the emergency rental assistance and homeowner assistance fund programs, a national response to the global health and economic crisis.
Poyo also spent more than a dozen years as the executive director of the National Association for Latino Community Assets Builders, a nonprofit membership organization and Community Development Financial Institution.
Woda Cooper Adds Development Officers
Malik Jordan recently joined Woda Cooper Cos. as senior vice president–development. He is based in Baltimore.
For the past 16 years, Jordan has navigated the crossroads of community development, affordable housing, and urban planning. He has experience creating partnerships between real estate developers, anchor institutions, state and local municipalities, and philanthropic and nonprofit organizations. Jordan is a board member for GEDCO, a faith-based housing advocacy organization, and a member the Lake Evesham Community Association.
Jared Miller joins Woda Cooper’s team as vice president–development. He has worked in the affordable and multifamily industries for the past four years and is a proven project leader for land acquisition; development planning/qualified allocation plans; housing financing, including the use of low-income housing tax credits; navigating local and federal regulatory environments; closings; pre-construction; and project tracking. Miller will focus on Woda Cooper’s development initiatives in Tennessee and Pennsylvania, as well as other states.
MidPen Housing Promotes Castillo-Garza
MidPen Housing has elevated Brenda Castillo-Garza to senior vice president and head of MidPen Resident Services Corp., which provides on-site services to support the advancement of 20,000-plus residents in the areas of education, health, and economic mobility.
In her new role, she will lead a 140-person team and manage an annual department budget of $14 million. MidPen is one of the largest nonprofit developers, owners, and managers of high-quality affordable housing in Northern California.
Castillo-Garza joined MidPen Resident Services in 2012 as a recognized innovator in after-school programming. Since then, she has earned successive promotions as she expanded family and youth programs, took on management of a large region, and oversaw a $1 million-plus Investment Fund effort to bring English as a Second Language and digital skill building to residents. She was promoted to vice president in January and became interim head of services in April.
ORIX Announces Head of Real Estate Credit
Dean Dulchinos has joined ORIX Corporation USA as managing director and head of real estate credit. He is based in New York.
As head of real estate credit, Dulchinos will be responsible for expanding the firm’s third-party commercial real estate (CRE) credit asset management business. He will serve as a portfolio manager, developing investment products that leverage the firm’s real estate businesses, including Lument, a national leader in CRE finance and provider of capital solutions for investors in multifamily, affordable, and seniors housing and health care real estate. Dulchinos will collaborate with Jim Flynn, CEO of Lument, to raise and deploy capital for Lument-originated non-agency investment products, expanding the firm’s offerings for existing and prospective investors. More broadly, he will work with ORIX USA’s different lines of business, including the Real Estate Capital Group and Boston Financial to expand origination and oversee third-party CRE debt portfolios.
Dulchinos joins ORIX USA from global real estate investment manager AEW Capital Management, where he was head of debt portfolio management, responsible for investing and managing CRE debt in stabilized, transitional, and construction strategies. Earlier, he worked for Amherst Group and Barings/MassMutual companies.
