Affordable housing firm Comunidad Partners is starting a new impact credit platform, Comunidad Credit Capital (C3). Set to officially launch in the spring, C3 will be led by multifamily housing industry leader and Freddie Mac veteran Debby Jenkins.
“The secular demand of affordable workforce housing and the current market environment lends itself to an impact-oriented capital markets provider, as there has never been a more opportune time, nor a more proven leader than Debby Jenkins, to introduce an innovative credit platform led and owned by diverse leaders,” said Antonio Marquez, founder and managing partner of Comunidad Partners, a real estate investment firm and owner specializing in workforce and affordable housing in culturally diverse communities throughout the United States.
The launch of the new entity is well aligned with Comunidad’s mission and values of enhancing community and creating opportunity for the underserved, explained Jenkins, CEO and partner of the platform.
“Not only does this align with Comunidad’s values, but it is also well-aligned with my personal and professional values and experience leading the nation’s largest multifamily finance platform,” said Jenkins, who served as executive vice president and head of multifamily at Freddie Mac before joining Kayne Anderson Real Estate. “The chronic lack of capital being invested into workforce and affordable housing threatens the existence of these properties, which ultimately negatively affects the diverse tapestry of residents who reside in these communities.”Read More