Privatelyowned since1998

Service

Transparency

Execution

Our Story

Hudson Housing Capital was founded in 1998 as a low income housing tax credit syndicator. Dominated by a handful of large companies, the marketplace was highly competitive, but our premise and unique approach positioned us for success.

With private, independent ownership, client-driven methodology and commitment to service, our goal was not only to survive, but to thrive. We did. Others did not. Our equity volumes increased steadily over the years, even through challenging financial times.

Since inception, Hudson has syndicated more than $4 billion in tax credit equity. We continue to manage a portfolio with superior performance measures and consistently raise $400-$500 million per year.

$4+ Billion Portfolio

Partnering with Investors & Developers

Successful Communities

Private Ownership

Industry Experts

Our People

The keys to a company’s success are its people. From the beginning, Hudson’s principals have been actively involved in creating a culture of continuity and expertise. Each Hudson professional “owns” all activities and communications regarding an assigned asset.

This culture of engaged responsibility – the interplay of deal, developer, and investor – has helped create a dynamic, fulfilled team, low turnover, and an average term with Hudson of more than 8 years. 

Our Project Managers take central responsibility for the acquisition process, including overseeing underwriting, negotiating with developers, documenting each stage, creating an investment forecast and closing the deal.

Our Asset Managers oversee assigned project assets from the time of investment until disposition. Responsibilities include following construction, lease-up and conversion, processing capital contributions, visiting properties, managing developer communication, providing investment performance information and responding to investor inquiries.

Our Accounting staff members oversee assigned investment funds. They facilitate consistent communication with investors and developers during the investment cycle, promoting solid understanding of the needs of all stakeholders.

At Hudson, our people drive our success, and they are the reason our client portfolios perform at the highest levels in the industry.

Hudson Housing Team

KIMMEL CAMERON

Vice President

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Acquisitions / Underwriting

KAREN PANARIELLO

Vice President

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Acquisitions / Underwriting

NADIA BRUENER

Vice President

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Acquisitions / Underwriting

JOSH LAPPEN

Vice President

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Acquisitions / Underwriting

JOSEPH CHAN

Vice President

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Acquisitions / Underwriting

CHRIS OLNEY

Vice President

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Acquisitions / Underwriting

TIM O'HANLON

Vice President

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Acquisitions / Underwriting

BLAKE DAVIS

Vice President

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Acquisitions / Underwriting

PHILIP GORGONE

Vice President

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Acquisitions / Underwriting

KAITLIN PRIJATEL

Senior Analyst

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Acquisitions / Underwriting

LISA ANSELMO

Administrator

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Human Resources & Administration

SUNNY SOWARDS

Analyst

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Acquisitions / Underwriting

MICHAEL SIROKA

Associate

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Acquisitions/Underwriting

1

st choice among
long-term and
established clients

70

%+ repeat
developer
clients

Partners

At Hudson, we proudly built our reputation on simple ideas: provide capital for the development of attractive, affordable housing and deliver excellent service for both investor and developer clients.

Our achievements stem from a focus on proprietary investment funds tailored to individual investors - a strategy we embraced well ahead of our competitors. This disciplined approach has also led to tailored, well-priced and properly structured funds for developers.

We have maximized execution for specific projects by either creating regional multi-investor funds for designated properties, or by organizing multiple investors for single property investments. We have also enhanced investor value by executing secondary market trades within our portfolio that are beneficial to both sellers and buyers.

Hudson offers the experience and depth of management to navigate the most complex opportunities, but the simple things are what set us apart. A privately owned company, we focus on long-term relationships, carefully nurturing our partnerships, maintaining thorough underwriting and providing meticulous asset management.

Why work with a private company?

Since Hudson is privately owned, our policies and plan are determined by the owners. We are unfettered by quarterly earnings concerns or other distractions, giving us latitude to promote long-term success in managing investor capital and in executing on behalf of developers. This bias dovetails perfectly with the long-term nature of low income housing tax credit investing. In this and many other ways, our interests align with those of our clients.

Portfolio Summary

Equity $4.652B

Funds 88

Properties 470

Units 47,913

Watchlist status

64.9% Rated A44.6%

25.9% Rated B35.1%

9.0% Rated C16.2%

0.2% Rated D3.8%

0.0% Rated F0.4%

LIHTC Industry Average

Key metrics

1.56 Average DSCR1.32

98% Average Occupancy97.5%

3.6% < 90% Occupancy5.5%

LIHTC Industry Average

Select Properties

  • Alexander Hamilton III

    Paterson, NJ

    Pennrose

    $8MM

    Family

    New Construction

    50 Units

    2013

  • LOS VIENTOS

    San Diego, CA

    AMCAL

    $17MM

    Family

    89 units

    2009

  • WOODS FAMILY

    Los Angeles, CA

    National Community Renaissance & East LA Community Corporation

    $13MM

    Family

    New Construction

    60 units

    2011

  • SOUTH ACRES RANCH II

    Houston, TX

    Hettig-Kahn

    $7MM

    Family

    New Construction

    49 units

    2010

  • THE JORDAN

    Arlington, VA

    AHC Inc.

    $6MM

    Family

    New Construction

    90 units

    2010

  • THE DEMPSEY

    Manhattan, NY

    Phipps Houses & West Harlem Group Assistance

    $9MM

    Family

    New Construction

    80 units

    2009

  • THE HEGEMAN

    Brooklyn, NY

    Breaking Ground

    $12MM

    Supportive Housing

    New Construction

    161 units

    2010

  • CLAY POND

    Bourne, MA

    Preservation of Affordable Housing

    $6MM

    Seniors

    New Construction

    45 units

    2011

  • MARY HELEN ROGERS

    San Francisco, CA

    Chinatown CDC & UrbanCore 

    $27MM

    Senior

    New Construction

    100 units

    2011

  • SHOPS & LOFTS

    Chicago, IL

    The Community Builders

    $8MM

    Family

    New Construction

    96 units

    2013

  • MACEDONIA PLAZA

    Queens, NY

    BRP Development Corporation

    $20MM

    Family

    New Construction

    143 units

    2012

  • 1400 Belleview

    Dallas, TX

    Matthews Southwest

    $15MM

    Family

    New Construction

    164 units

    2013

  • COLUMBUS SCHOOL

    Baltimore, MD

    The Woda Group & Housing Services Alliance

    $12MM

    Family

    Adaptive Reuse

    50 units

    2012

  • EAST LIBERTY PLACE

    Pittsburgh, PA

    The Community Builders

    $9MM

    Family

    New Construction

    52 units

    2013

  • NICETOWN COURT II

    Philadelphia, PA

    The Community Builders

    $10MM

    Family

    New Construction

    50 units

    2012

  • NORTH LAKE VILLAGE

    Middletown, DE

    Milford Housing Development Corporation

    $6MM

    Family

    Rehab Property

    52 units

    2012

  • OLIVER HOUSE

    Decatur, GA

    Decatur Housing Authority

    $8MM

    Senior

    New Construction

    80 units

    2011

  • OLIVER LOFTS

    Boston, MA

    WinnDevelopment

    $10M

    Family

    Adaptive Reuse

    62 units

    2011

  • RIO VISTA

    Los Angeles, CA

    McCormick Baron Salazar

    $19MM

    Family

    New Construction

    87 units

    2013

  • RIVER GARDEN II

    New Orleans, LA

    HRI Properties

    $22MM

    Family

    New Construction

    310 units

    2009

  • SOLABELLA

    Miami, FL

    Cornerstone

    $5MM

    Family

    New Construction

    92 units

    2012

  • THE AVENUE

    Washington, DC

    Landex Development & The Warrenton Group

    $7MM

    Family

    New Construction

    83 units

    2010

  • Obery Court

    Annapolis, MD

    Housing Authority of the City of Annapolis & Pennrose

    $23MM

    Family

    New Construction

    174 Units

    2015

  • Montgomery Heights

    Newark, NJ

    Pennrose & One Real Estate Development

    $17MM

    Family

    New Construction

    154 Units

    2009

Contact

Headquarters Office

New York
630 Fifth Avenue, 28th Floor, New York, NY 10111
212-218-4488

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Other Offices

Washington, DC
7535 Little River Turnpike, Suite 204, Annandale, VA 22003
703-639-0880
Chicago
980 N. Michigan , 1400, Chicago, IL 60611
312-214-6312
San Francisco
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