Stephanie McFadden Joins CalHFA as Director of Multifamily Programs

Author

Slice of Real Estate Team
December 12, 2024

Key Highlights:

  • Stephanie McFadden named CalHFA’s Director of Multifamily Programs.

  • McFadden brings nearly three decades of affordable housing experience.

  • CalHFA achieved a record $2 billion in lending and bond issuance last year.

  • Previously led capital deployment at LIIF and held key roles at HUD, CBRE, and PNC Real Estate.

  • Committed to innovative partnerships and increasing affordable housing for California.

Source: Business Wire

Notable Quotes:

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“Stephanie McFadden has a proven track record in our business. CalHFA will benefit greatly from her knowledge of housing finance and development, her leadership abilities and her passion for this work.”

Rebecca Franklin, Chief Deputy Director at CalHFA
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“I’m thrilled that this next chapter in my career has taken me to CalHFA. With the backing of the state and the ability to access private capital, CalHFA is uniquely positioned to be innovative and create partnerships that result in much-needed affordable housing for California’s diverse communities.”

Stephanie McFadden, Director of Multifamily Programs at California Housing Finance Agency (CalHFA)

Our Take:

Stephanie McFadden’s appointment signals CalHFA’s dedication to leveraging seasoned expertise to address California’s housing challenges. Her background across private and public sectors, combined with a focus on equity and impact, aligns with CalHFA’s mission to innovate in affordable housing finance. McFadden’s leadership comes at a pivotal time, as the agency continues to expand its influence and capacity to provide housing solutions for diverse communities across the state.