David Leopold is Freddie Mac Multifamily’s Vice President for Target Affordable Production and Investments. He is responsible for approximately $6.5 billion in annual debt production and $500MM in LIHTC Equity investments, including all relationships and transactions involving targeted affordable lenders, borrowers, and tax credit syndicators. He is also the lead contact with housing finance agencies, municipalities, and community-based organizations for Freddie Mac Multifamily’s affordable housing and community development products and services.
Prior to joining Freddie Mac in 2015 David led Tax Credit Equity Origination for Bank of America Merrill Lynch, which at that time was the nation’s second largest investor in Low-Income, Historic, and New Markets Tax Credits. Prior to that he managed Bank of America’s Community Development Lending platform, among the country’s largest lenders for affordable housing and community based real estate assets. David’s experience also includes municipal bond financing, loan and tax credit syndication, structured debt products, and public policy related to economic and community development.
David has undergraduate and graduate degrees with honors from Fordham University and the University of Colorado respectively. He is a member of the Urban Land Institute and on the Board of Directors of Enterprise Community Investments, a national real estate investment firm focused on affordable housing and community development. He frequently speaks at national forums related to affordable housing finance and community redevelopment. David lives in Washington, DC with his wife and two children.
Freddie Mac was established by Congress in 1970 to provide liquidity, stability and affordability to the nation’s residential mortgage markets. Freddie Mac supports communities across the nation by providing mortgage capital to lenders. Today Freddie Mac is making home possible for one in four home borrowers and is one of the largest sources of financing for multifamily housing. For more information, please visit www.FreddieMac.com and Twitter @FreddieMac