On March 27, 2023, our CEO, Noelle St.Clair Lentz was selected to speak on a panel hosted by Federal Reserve Bank of New York focused on private capital investment in affordable multifamily rentals. Speakers covered policy issues related to tenants and affordability restrictions; strategies used by investment managers in deploying capital; and investor motivations in exploring this asset class. Noelle’s focus for the panel, moderated by Carl Jenkins, Managing Director and Group Head of Community Capital Solutions at BMO was providing her expertise and insights concerning investor perspectives related to the issue.
| 2:00pm-2:20pm |
Welcome Remarks David Erickson, Head of Outreach & Education, Federal Reserve Bank of New York |
| 2:20pm-2:40pm |
Research Presentation Andrew Aurand, Senior Vice President for Research, National Low Income Housing Coalition |
| 2:40pm-3:25pm |
Investment Manager Perspectives Moderator: Jonathan Kivell, Director of Community Investments, Federal Reserve Bank of New York Summer Haltli, Principal, FCP Brian Allen (AJ) Jackson, Executive Vice President, Social Impact Investing, JBG SMITH Antonio Marquez, Principal and Managing Partner, Comunidad Partners |
| 3:25pm-3:40pm |
Break |
| 3:40pm-4:25pm |
Investor Perspectives Moderator: Carl Jenkins, Managing Director and Group Head of Community Capital Solutions, BMO Christine Looney, Deputy Director, Mission Investments, Ford Foundation Noelle St.Clair Lentz, CEO and Managing Director, Allivate Impact Capital Adam Galowitz, Managing Director, Tax Advantaged Investments, State Street Bank & Trust Co. |
| 4:25pm-5:10pm |
Policy Perspectives Moderator: Rasheedah Phillips, Director of Housing, PolicyLink Barika Williams, Executive Director, Association for Neighborhood Housing & Development Mark Calabria, Senior Advisor, Cato Institute Bob Simpson, President, Multifamily Impact Council |
| 5:10pm-5:15pm |
Closing Remarks Maria Carmelita Recto, Community Development Associate, Federal Reserve Bank of New York |