CAHEC Welcomes Housing Finance Expert Joaquin Altoro to Board

CAHEC, a prominent community development organization operating in the Southeast and Mid-Atlantic regions, has significantly strengthened its leadership by welcoming Joaquin Altoro to its Board of Directors. With over three decades of distinguished experience spanning banking, state government, and federal leadership, Altoro brings nationally recognized expertise in advancing innovative approaches to housing finance and capital deployment. His career has been consistently focused on promoting equitable housing opportunities and developing inclusive communities that enhance quality of life for diverse populations, making him an ideal fit for CAHEC's mission-driven work. The organization engages in diverse product areas including low-income housing tax credits, historic tax credits, new markets tax credits, and renewable energy credits, while also offering loan programs, wellness and education initiatives, affordable housing development, and property management services.

Currently serving as Managing Director at Falcon Capital Advisors, Altoro specializes in designing and structuring complex housing finance transactions while advising partners on strategies to align capital with long-term community development goals. His impressive federal experience includes serving as Administrator of USDA's Rural Housing Service, a White House Presidential Appointee responsible for managing a massive $185 billion portfolio of loans, guarantees, and grants supporting single-family and multifamily housing, as well as essential community facilities. In this critical role, he strengthened programs serving rural and Tribal communities and contributed significantly to federal housing priorities through the White House Domestic Policy Council's Interagency Group on Housing Policy. Dana Boole, President and CEO of CAHEC, emphasized that Altoro's community investment acumen, leveraged through his tenure as CEO of WHEDA and Administrator of USDA Rural Housing Service, positions him as a powerful voice within the already impactful CAHEC Board.

This strategic appointment reinforces CAHEC's commitment to strengthening communities through affordable housing and supportive service initiatives. Altoro's expertise extends across various sectors within the housing spectrum, including affordable housing finance and housing policy analysis, which will be invaluable as CAHEC continues its mission of creating sustainable, inclusive communities. Readers interested in learning more about CAHEC's comprehensive contributions to affordable housing and surrounding communities can visit CAHEC's website for detailed information about their programs and impact across the regions they serve.