EAH Housing Appoints VP of Development
Welton Jordan has been named vice president of real estate development at EAH Housing after serving in the interim role for the past eight months. He is responsible for business development, real estate acquisition, rehabilitation, and new construction activities in California and Hawaii.
“Welton brings a wealth of experience and a fresh perspective to EAH Housing,” said Mary Murtagh, president and CEO at EAH. “Under his leadership, we’ve developed a robust new business pipeline, closed five deals, and have grown the real estate development team by 50%.”
Jordan joined EAH in 2013 as an area director and was responsible for managing development and property rehabilitation efforts for eight counties in Northern California. Previously, he was a development project specialist for the Housing Authority of the City and County of Fresno.
EAH develops low-income housing, manages more than 110 properties in 55 municipalities in California and Hawaii, and plays a leadership role in local, regional, and national housing advocacy efforts. The nonprofit has an active pipeline of more than 20 deals and total development costs more than $600 million.
OCCH Names Chief of Development
Merydith Greene has become chief of development at Ohio Capital Corporation for Housing (OCCH), a nonprofit Columbus-based affordable housing financial intermediary.
In her role, Greene is in charge of leading the development team in the underwriting and financing of affordable housing developments as well as providing technical assistance to OCCH’s development partners. She is also in charge of setting the strategic direction of the department and ensuring its alignment within the strategic vision and mission of the organization.
Greene joins OCCH with over 17 years of experience in the low-income housing tax credit (LIHTC) industry, most recently with the National Affordable Housing Trust, where she held several management positions. She holds Housing Credit Certified Professionals, Specialist in Housing Credit Management, and Housing Development Finance Professional designations and is working on her Certified Housing Asset Management designation.
OCCH has raised over $4 billion in corporate equity for LIHTC projects involving more than 800 transactions and 45,000 units of affordable housing in Ohio, Kentucky, Indiana, Pennsylvania, and West Virginia.
NHC Announces Policy Director
Tristan Bréaux has joined the National Housing Conference (NHC) as its policy director.
Bréaux brings to NHC 10 years of policy and legislative experience. Most recently, he served as a deputy chief of staff and district director for congressional delegate Eleanor Holmes Norton (D-D.C.). He has extensive experience on Capitol Hill, including working in the offices of former Sen. Kay Hagan (D-N.C.) and the House Budget Committee. Bréaux also has experience in community engagement, having served as a community affairs director for the Norfolk Sheriff’s Office, where he established financial training, housing education, and increased workforce readiness within the jail. Bréaux also served as a commissioner on the Mayor’s Commission on Poverty Reduction in Norfolk, Va., and the Mayor’s Juvenile Justice Advisory Group in Washington, D.C.
“We are excited for Tristan to join us in this role, where he will help lead our federal outreach and housing policy,” said David M. Dworkin, president and CEO of NHC, a national nonprofit. “He brings proven experience in legislative affairs and community engagement that will help NHC galvanize our members and partners to protect and defend the American home.”
D3G Appoints Housing Preservation Manager
Jenn Krieher has been named housing preservation manager at Dominion Due Diligence Group (D3G).
The firm’s Housing Preservation Services (HPS) department was recently created to support the widened scope of services that D3G provides. Krieher will be responsible for providing technical assistance for Rental Assistance Demonstration and SAC (Special Applications Center) Sec. 18 programs as well as overseeing portfoliowide reviews for public housing authority (PHA) clients. She’ll manage the D3G relationship with PHAs and their development teams, performing RAD transaction liaison and owner representative services for clients.
Krieher joins D3G from the Department of Housing and Urban Development, where she was part of the Office of Recapitalization. She brings with her a strong housing preservation background, existing relationships with key players in housing across the country, and deep knowledge of RAD and SAC, having been a RAD transaction manager.
D3G helps shape the affordable housing industry by presenting environmental, property, and sustainability solutions.
Industry Veterans Join Wells Fargo Public Finance
Wells Fargo Securities, the investment banking and capital markets business of Wells Fargo & Co. (NYSE: WFC), has added to its public finance team: Tom Wynne has joined the company and will lead a new housing financing initiative in the West, and Michael Colton has joined the company to support the municipal finance business in New York.
Based in Los Angeles, Wynne is a director in the Public Finance Housing group. His focus includes multifamily housing deals, land-secured financing, and general government transactions in the company’s Western region. He previously led business development with municipal bond issuers in the West at Morgan Stanley in Los Angeles.
Colton brings 30 years of municipal finance experience to Wells Fargo. His industry tenure includes 20 years in Morgan Stanley’s municipal securities group, serving most recently as managing director at Lamont Financial Services. As managing director for Wells Fargo Public Finance, Colton focuses on both New York City and New York state issuers. He has specialized in municipal infrastructure, transportation, utilities, and sports facilities at the local and state levels.