Innovative Solutions to Finance Affordable Housing
11:45 AM - 12:45 PM Thu
Todd A. Gomez is the North Region Market Executive for Community Development Banking (CDB) at Bank of America. He is responsible for managing a $2.5B loan portfolio and leading a team focused on providing a broad range of debt and equity financing solutions to developers of affordable multifamily housing in the Northeast and Midwest. Mr. Gomez joined CDB in 2008 from Banc of America Securities where he was Managing Director of the Affordable Housing Finance Group. In his prior position, Mr. Gomez led a team responsible for providing investment banking and advisory services to residential developers, real estate management companies and owner/operators of affordable housing throughout the U.S.
Prior to joining BAS in 2004, Mr. Gomez served as the Chief Financial Officer of the Chicago Housing Authority where he was responsible for all financing, cash management, accounting, risk management, and financial reporting activity of the Authority. In addition, Mr. Gomez had responsibility for managing the Authority’s $1.5B annual budget. Mr. Gomez worked for over 13 years in affordable housing finance and corporate banking prior to joining the CHA in 2000. Mr. Gomez specialized in financing multifamily and single-family loan programs through state and local HFAs, as well as acquisition, rehabilitation, portfolio restructuring and program development for real estate developers throughout the U.S. Mr. Gomez has experience in structuring all types of taxable and tax-exempt multifamily financing transactions including: Section 8, FHA-insured, privately-insured, unenhanced and non-rated.
Mr. Gomez received his AB in Economics from Dartmouth College and a Master of Business Administration degree with a concentration in Finance and Real Estate from the J.L. Kellogg Graduate School of Management at Northwestern University. Mr. Gomez is a member of the Urban Land Institute and the Real Estate Executive Council. He currently serves on the board of directors of Enterprise Community Partners NY (Co-Chair), NYU Furman Center, New York Housing Conference, Dartmouth Center for Social Impact, EL Education (Finance Chair) and New Jersey Future (Finance Chair).