By: 24-7 Press Release
October 16, 2025
Nonprofit Community Investment Organization Welcomes Esteemed Board Member
RALEIGH, NC, October 16, 2025 /24-7PressRelease/ -- CAHEC is pleased to welcome Joaquin Altoro to its Board of Directors. With over 30 years of experience across banking, state government, and federal leadership, he is nationally recognized for advancing innovative approaches to housing finance and capital deployment. His distinguished career - focused on promoting equitable housing opportunities through the development of inclusive communities to enhance the quality of life for diverse populations - directly aligns with CAHEC's mission. Joaquin will amplify the Board of Directors with his expertise extending across various sectors within the housing spectrum, including affordable housing finance and housing policy analysis.
Currently, as Managing Director at Falcon Capital Advisors, Joaquin helps design and structure complex housing finance transactions while advising partners on strategies to align capital with long-term community development goals. Joaquin also served as Administrator of USDA's Rural Housing Service, a White House Presidential Appointee responsible for a $185 billion portfolio of loans, guarantees, and grants supporting single-family and multifamily housing, as well as essential community facilities. In this role, he strengthened programs serving rural and Tribal communities and contributed to federal housing priorities through the White House Domestic Policy Council's Interagency Group on Housing Policy.
Dana Boole, President and CEO of CAHEC, shared that "Joaquin is a dynamic thought leader with unmatched expertise around housing finance, economic development, and strategic growth. His community investment acumen - leveraged by his tenure as CEO of WHEDA and Administrator of USDA Rural Housing Service - allows Joaquin the opportunity to be a powerful voice within an already impactful CAHEC Board."
CAHEC is a community development organization that strengthens communities by providing affordable housing and supportive service initiatives to residents in the Southeast and Mid-Atlantic regions. CAHEC engages in diverse product areas, including low-income housing tax credits, historic tax credits, new markets tax credits, and renewable energy credits. Additionally, CAHEC offers loan programs, wellness and education initiatives for residents, affordable housing development, and property management services. To learn more about their contributions to affordable housing and surrounding communities, visit CAHEC's website.
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