Adam Cray

Adam Cray is a senior public finance and affordable housing professional with broad experience as an advisor, banker, bond issuer, and credit analyst for a variety of public-benefit projects and programs. As a Principal at CSG Advisors, Adam helps public agencies and nonprofits across the country design programs and execute transactions to finance affordable housing. Adam joined CSG from Bank of America where he was a vice president in the Community Development Banking group, providing debt and tax-credit equity financing for affordable multifamily housing. Before joining BofA, he managed San Francisco’s affordable housing bond program, including issuance of $2.8 billion in revenue bonds, oversight of tax-exempt financing for the city’s RAD initiative, and design of the city’s $260 million general obligation-backed preservation loan program. Adam began his public finance career in the U.S. Public Finance Department at Standard & Poor’s where he assessed the credit quality of state and local housing finance agencies, public housing authorities, parity bond indentures, and more than 100 affordable housing and structured-finance transactions. A policy analyst and lawyer by training, Adam holds a master’s degree in public policy from UC Berkeley and a JD degree from Emory University.

HCC25 Session: Fostering Sustainable Development with the Credit

AC24 Session: Incorporating Energy and Water Conservation in Affordable Housing