HPN Names EVP of Capital Markets
Katie Rodriguez has been promoted to executive vice president of capital markets at the Housing Partnership Network (HPN).
She joins the organization’s executive leadership team and will oversee overall capital markets strategies and activities, including raising capital for HPN, its members, and its social enterprises through growing the Housing Partnership Fund (HPF) and leveraging federal resources to decarbonize affordable housing.
Rodriguez joined HPN nearly 12 years ago and most recently served in a multifaceted role as vice president of lending and investment and president of HPF, a Community Development Financial Institution (CDFI) lending enterprise. As president, total loans outstanding grew from $35 million to over $106 million and the number of loans increased from 31 to 69. Additionally, Rodriguez spearheaded the creation of innovative loan products like the Housing Equity Fund, Capital Aggregators Group, enterprise-level loans, and off-balance sheet participations to meet network member needs.
Rocky Mountain Communities Hires Vice President of Fund Development
Tony Frank has been named vice president of fund development at Denver-based Rocky Mountain Communities (RMC).
Tony Frank
He is responsible for planning, organizing, and directing all of the organization’s fundraising efforts, including grants, major gifts program, special events, annual fund, planned giving, and capital campaigns. In addition, Frank will lead efforts to strengthen and expand RMC’s marketing and communications initiatives.
With more than 20 years of development experience in Denver, Frank’s focuses includes strengthening and expanding nonprofits and social enterprise organizations.
He has previously worked for Gateway Domestic Violence Services, PCs for People, and the Denver Housing Authority. From 1998 to 2004, Frank worked at RMC as the community technology center manager.
RMC owns 10 communities, providing 1,239 affordable housing units for underserved populations in Colorado, and manages an additional 300 units through its Pillar Property Services entity.
Tiber Hudson Announces Partner
John A. “Jay” Fanciullo has been promoted to partner at the Tiber Hudson law firm.
John A. “Jay” Fanciullo
Based out of Newton, Massachusetts, Fanciullo focuses his practice on real estate and transactional finance, primarily in the affordable housing and tax credit industry. He represents institutional lenders, CDFIs, tax credit investors, tax credit syndicators, developers, and local housing authorities in the financing, acquisition, and construction of developments that utilize federal and state low-income housing tax credits and federal and state historic tax credits.
Fanciullo, who joined Tiber Hudson in 2022, advises clients in construction and permanent financing structures that often include multiple levels of conventional and subsidized financing, including tax-exempt bonds and other mixed-finance programs for public housing.
Tiber Hudson provides legal services in all aspects of tax-exempt and taxable debt financings for multifamily housing and health care facilities around the country.
Milstein to Step Down at NYSAFAH
Jolie Milstein, a key voice in New York’s affordable housing community, will be stepping down as CEO and president of the New York State Association for Affordable Housing (NYSAFAH) after a decade of leadership.
She will remain in her post through the end of the year to ensure a smooth leadership transition. NYSAFAH has hired Harris Rand Lusk to conduct a nationwide search for Milstein’s successor.
Among her accomplishments, Milstein helped lead the effort to establish and then renew New York State’s five-year housing plan, the first predictable multiyear funding stream for affordable housing programs. She worked with NYSAFAH’s members and allies to maintain funding levels for city and state housing programs and raise awareness of affordable housing industry needs at the national level by helping to establish the Council for Independent State Housing Associations in Washington, D.C.
Over the past decade, Milstein has directly contributed to the growing “Yes in My Backyard” sentiment in New York—among both lawmakers and their constituents, according to colleagues.
Cannon Heyman & Weiss Boosts Team
Jessica Katz
Jessica Katz will serve as strategic policy adviser with Cannon Heyman & Weiss (CHW), a Buffalo and Albany, New York-based affordable housing and community development law firm.
Katz will assist the firm’s downstate clients and help develop that part of its practice.
She was most recently the chief housing officer of New York City, where she was responsible for devising and implementing housing policy across the Adams administration’s housing agencies. These included the Department of Housing Preservation and Development (HPD), the New York City Housing Authority, the Housing Development Corp., the Mayor’s Office of Housing Recovery Operations, and the Mayor’s Office to Protect Tenants.
Previously at HPD, Katz served for more than 10 years in multiple capacities, including associate commissioner for new construction, assistant commissioner of special-needs housing, senior adviser to the commissioner, and assistant commissioner for preservation finance. Her experience also includes serving as executive director of the research nonprofit Citizens Housing and Planning Council.
CHW was founded in 2001 and has a team of more than 50 attorneys, paralegals, and administrative staff who work on affordable housing and community development transactions across New York state and throughout the country.
