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Affordable Housing New

Affordable HousingAffordableHousing

Tailored solutions built on deep lending expertise and a legacy of affordable financing leadership

  • Download Our Affordable Financing Brochure

Experience and Access

With over 20 years of experience working with Fannie Mae, Freddie Mac and the Federal Housing Administration, we are committed to leveraging our deep multifamily, affordable housing and healthcare expertise to maintain a leadership position and advance the future of our communities.

Solutions-Oriented Approach

We work with our clients to craft the appropriate financing solution for their diverse needs. We are well-versed in structuring loans around various affordable programs including LIHTC, Section 8, as well as other local and state-wide regulatory agreements. PGIM Real Estate can and has executed affordable loans in all 50 states, plus D.C. and Puerto Rico.

Deep Expertise

  • $5.7B

  • 200,000+

  • 20+

In the News

Affordable Housing Finance: Industry Leaders Look at the Year Ahead
In the News

Affordable Housing Finance: Industry Leaders Look at the Year Ahead

Jan 27, 2023

Stephanie Wiggins and five other industry leaders share their outlook and priorities for 2023 with Affordable Housing Finance.

FHFA Finalizes 2023-2024 Multifamily Housing Goals for Fannie Mae and Freddie Mac
In the News

FHFA Finalizes 2023-2024 Multifamily Housing Goals for Fannie Mae and Freddie Mac

Dec 14, 2022

The FHFA has issued a final rule for Fannie Mae and Freddie Mac, establishing benchmark levels for their 2023 and 2024 multifamily housing goals.

Multi-Housing News: How Agency Lending Is Bringing Stability to a Volatile Marketplace
In the News

Multi-Housing News: How Agency Lending Is Bringing Stability to a Volatile Marketplace

Nov 9, 2022

Stephanie Wiggins weighs in on financing solutions that can bolster the affordable housing supply.

Affordable Leadership

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Mike McRoberts

Head of Agency Lending

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Kelly Follain

Chief Operating Officer, Agency Lending

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Stephanie Wiggins

Head of Production, Agency Lending

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Tina Laurie

Head of FHA Underwriting, Agency Lending

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Tommy Nance

Vice President, Agency Lending

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Michele Levoir Sloan

Executive Director, Affordable Underwriting

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Affordable Team

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Alex Viorst

Executive Director, Agency Financing

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Bruce Gerhart

Executive Director, Agency Financing

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David Stein

Executive Director, Agency Financing

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Jeff Devens

Loan Officer, Agency Financing

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Kenji Tamaoki

Executive Director, Agency Financing

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Mark Eidson

Executive Director, Agency Financing

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Patrick Kempton

Managing Director, Agency Financing

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Peter TenEyck

Executive Director, Agency Financing

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Robyn Cunningham

Executive Director, Agency Financing

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Doug St. Onge

Loan Officer, Agency Financing

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Kurt Schoffstall

Loan Officer, Agency Financing

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1 As of December 31, 2022. Includes all affordable lending since 2001, and mission-driven lending since 2020.

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Disclosure Statement (California)opens in a new window     Disclosure Statement (Japan)       Disclosure Statement (UK)opens in a new window      Form CRS - PGIM, Inc.opens in a new window

For Professional Investors only. All investments involve risk, including the possible loss of capital.

The content and materials presented here are for informational and educational purposes only and should not be construed as investment advice or an offer or solicitation in respect of any products or services to any persons who are prohibited from receiving such information under the laws applicable to their place of citizenship, domicile or residence. PGIM, Inc., is the principal asset management business of PFI and is a registered investment adviser with the US Securities and Exchange Commission(SEC). Registration with the SEC does not imply a certain level of skill or training.  PGIM is a trading name of PGIM, Inc and its global subsidiaries.

In the United Kingdom, information is issued by PGIM Limited with registered office: Grand Buildings, 1-3 Strand, Trafalgar Square, London, WC2N 5HR. PGIM Limited is authorised and regulated by the Financial Conduct Authority (“FCA”) of the United Kingdom (Firm Reference Number 193418).  In the European Economic Area (“EEA”), information is issued by PGIM Real Estate Luxembourg S.A. with registered office: 2, boulevard de la Foire, L-1528 Luxembourg. PGIM Real Estate Luxembourg S.A. is authorised and regulated by the Commission de Surveillance du Secteur Financier (the “CSSF”) in Luxembourg (registration number A00001218) and operating on the basis of a European passport. In certain EEA countries, information is, where permitted, presented by PGIM Limited in reliance of provisions, exemptions or licenses available to PGIM Limited under temporary permission arrangements following the exit of the United Kingdom from the European Union. These materials are issued by PGIM Limited and/or PGIM Real Estate Luxembourg S.A. to persons who are professional clients as defined under the rules of the FCA and/or to persons who are professional clients as defined in the relevant local implementation of Directive 2014/65/EU (MiFID II). In Germany, this material is distributed by PGIM Real Estate Germany AG, a regulated entity by the Bundesanstalt für Finanzdienstleistungen (BaFin).

In Japan, information is provided by PGIM Real Estate (Japan) Ltd., a Japanese asset manager that is registered with the Kanto Local Finance Bureau of Japan. In Hong Kong, information is issued by PGIM (Hong Kong) Limited, a regulated entity with the Securities and Futures Commission in Hong Kong to professional investors as defined in Section 1 of Part 1 of Schedule 1 of the Securities and Futures Ordinance (Cap. 571). In Singapore, information is issued by PGIM (Singapore) Pte. Ltd., a regulated entity with the Monetary Authority of Singapore under a Capital Markets Services License to conduct fund management and an exempt financial adviser.

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