CAHEC Welcomes a Visionary Leader to Enhance Affordable Housing Initiatives

A New Beacon of Leadership at CAHEC

The Community Affordable Housing Equity Corporation (CAHEC) has just made a significant leap forward by welcoming Joaquin Altoro to its Board of Directors. With a robust background that spans over 30 years across banking, state government, and federal leadership roles, Joaquin is a titan in the field of housing finance and capital deployment. Recognized nationally for his innovative approaches, he's perfectly poised to contribute to CAHEC's mission of fostering equitable housing opportunities and building inclusive communities.

Aligning Expertise with Mission

Joaquin's career is a testament to his dedication to enhancing the quality of life for diverse populations through the development of inclusive communities. His expertise, which covers a broad spectrum within the housing industry including affordable housing finance and housing policy analysis, is a perfect match for CAHEC's goals. Currently, as the Managing Director at Falcon Capital Advisors, Joaquin is at the forefront of designing and structuring complex housing finance transactions, advising partners on how best to align their capital with long-term community development goals.

From National Influence to Local Impact

Before joining CAHEC, Joaquin held the prestigious role of Administrator of the USDA's Rural Housing Service, appointed by the White House. There, he managed a whopping $185 billion portfolio, supporting housing and essential community facilities in rural and Tribal areas. His contribution to strengthening programs that serve these communities, and his involvement in federal housing priorities through the White House Domestic Policy Council’s Interagency Group on Housing Policy, have left a lasting impact. This extensive experience will be invaluable to CAHEC’s Board of Directors.

What Joaquin Brings to the Table

Dana Boole, President and CEO of CAHEC, couldn’t hide her enthusiasm about Joaquin's appointment. She lauded him as a 'dynamic thought leader' with unparalleled expertise in housing finance, economic development, and strategic growth. His previous roles, including his tenure as CEO of WHEDA and as Administrator of the USDA Rural Housing Service, equip him with a unique perspective and deep understanding of community investment. Joaquin is expected to be a powerful voice on an already impactful board, driving CAHEC towards new heights in their mission.

CAHEC: A Pillar of Support in the Community

CAHEC isn't just about affordable housing; it's about strengthening communities by providing a range of supportive service initiatives to residents in the Southeast and Mid-Atlantic regions. The organization engages in diverse product areas such as low-income housing tax credits, historic tax credits, new markets tax credits, and renewable energy credits. Beyond funding, CAHEC offers loan programs, wellness and education initiatives for residents, development services, and property management. It's a holistic approach to community development, driven by a passion for making a real difference in people's lives.

To dive deeper into CAHEC's transformative work and their contributions to affordable housing and community support, feel free to explore CAHEC's website. With leaders like Joaquin Altoro joining the team, the future looks bright for CAHEC and the communities it serves.