On Monday, March 27, 2023, the Federal Reserve Bank of New York hosted an in-person-only event focused on private capital investment in affordable multifamily rentals. The event 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.
March 27, 2023
2:00 pm – 5:15 pm EDT (Reception to follow)
Federal Reserve Bank of New York
Auditorium
33 Liberty Street
New York, NY
(In-person event only.)
Audience
This in-person event was open to the public. Registration closesd on Wednesday, March 22, 2023.
This event was open to the media. All remarks were on the record and the event was recorded, with the recording to be made available afterward. For media inquiries, please contact Ellen Simon at Ellen.Simon@ny.frb.org.
Agenda
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 |