National Equity Fund, Inc.

Each year since 2021, NEF has been selected as a winner of Best and Brightest Companies to Work For? in the Nation! The National Association for Business Resources/The Best and Brightest Programs assessed NEF on a number of categories, including communication, work-life balance, employee education, diversity, recognition, retention and more. We are proud to be recognized for the fourth consecutive year and will continue to be committed to our mission, ensuring our team has experience and knowledge necessary to expand the creation and preservation of #affordablehousing.

Alyssa Andreska recently joined NEF as Asset Resolution Manager. Alyssa has worked in housing for almost 20 years in asset management, underwriting, compliance, property management, and program management, and has worked for a developer/owner/manager, two large housing authorities, a large LIHTC direct investor bank, and a syndicator. Prior to housing, Alyssa worked in mental health, in group home and shelter settings. Welcome to the NEF team, Alyssa!

NEF is grateful to have been a part of the reopening of the 2100 Memorial Senior-Living Community in Houston. Our partners at Columbia Residential, and the Houston Housing Authority led the charge of this reopening that is a significant milestone for seniors returning to their homes after being displaced by Hurricane Harvey. Congratulations to all involved and thank you for making #seniorhousing a priority in your community. Check out photos below and read more about this development in the press release: https://lnkd.in/gssTp9Eg

Last week, NEF's legal department welcomed Crystal Huynh-Kim as our newest attorney. Crystal started her career as a community organizer in affordable housing more than 10 years ago at Mutual Housing California. Her career has had a philanthropic foundation including non-profit organizations, litigation, corporate compliance and public interest law focusing on social issues facing California communities. She obtained her degrees at the University of California, Davis and Lincoln Law School of Sacramento.

The newly opened Copley Chambers II & III were designed to meet the current needs of Providence, Rhode Island through high-quality, permanently subsidized #affordablehousing units. These mixed-use buildings stand in place of a vacant lot and rundown retail space and will offer #supportivehousing for low-income residents, a neighborhood health center, and services for emerging youth aging out of foster care. ? With 124 homes for families and individuals earning between 30% to 80% of the area median income (AMI), Copley Chambers II & III were created by MARATHON DEVELOPMENT with construction financing provided by Citizens. ? NEF's own Liz Hibbard and Tony Lyons were there to celebrate the opening of this exciting new #communitydevelopment! Check out the photos below:?

Last month, our partners at Mercy Housing broke ground on the first #affordablehousing project funded by the Bay Area Housing Innovation Fund, 1633 Valencia St. This visionary fund demonstrates the power of public-private partnerships in #communitydevelopment and #housing. The groundbreaking was supported and attended by the mayor, city officials, and local leaders. Developed on a former Sears parking lot in the Mission District in San Francisco, 1633 Valencia St. will provide 145 units of #seniorhousing, especially those at risk or experiencing homelessness. These homes will be set aside for low-income seniors earning up to 50% of the area median income (AMI). Seniors already living in the area will be prioritized and able to safely and comfortably age in place. Congratulations to all those involved in making these affordable homes possible! Learn more at the link below: https://lnkd.in/gKDwyV2z

Looking to explore non-LIHTC #affordablehousing transactions? National Equity Fund's Brandon McCall will be sharing his preservation and #workforcehousing expertise during San Diego Housing Federation's (SDHF) 2024 Affordable Housing & Community Development Conference on September 10. ? Be sure to attend this important session and speak with our experts after to learn more about the wide scope of NEF's trailblazing financial solutions.

We are pleased to welcome Jay Sullivan as NEF's Vice President, State Tax Credit Equity. Before joining NEF, Jay served as AVP of Real Estate Investment for Foss & Company where he focused on evaluating, underwriting, and closing federal and state historic tax credit investments. Jay began his career in commodities, holding trading and logistics management roles for Glencore and Nidera-US. He received his bachelor degree in finance from Miami University in Oxford, Ohio.?

NEF is pleased to welcome back Jacob Kayser, our newest Project Manager, who was a NEF Summer Ambassador during the summer of 2020. Jacob studied Urban Studies, Data Analytics, and Spanish at the University of Pennsylvania in Philadelphia. He has a deep passion for serving underprivileged?communities, specifically through housing and transportation policy. Prior to his current role, he taught English to high schoolers in Madrid, Spain for two years.?

Check out National Equity Fund leader Todd Fabian sharing his #affordablehousing industry expertise during Arizona Department of Housing's 2024 Arizona Housing Forum on August 23! ? Be sure to attend this important session and visit our team at our exhibitor table to learn more about the wide scope of NEF's trailblazing financial solutions. NEF is a proud sponsor of the #ArizonaHousingForum. #ArizonaHousing