On this episode of the Impact Real Estate podcast, we welcome Sean Kelly — a Partner and Executive Vice President for LNWA who currently oversees affordable and market rate apartment development in the Mid-Atlantic states and Ohio. Sean talks us through his upbringing in the real estate business, the life of an affordable housing deal, and he gives a huge piece of advice to those looking to break into the affordable housing space. It's another high impact episode of the Impact Real Estate Podcast you do not want to miss.

EPISODE NOTES:

02:42 - LNWA’s history

04:10 - Focused on low income tax credit

06:17 - The affordable housing pivot

08:22 - It starts locally

11:42 - Finding the right tenants

13:13 - The supportive service component

15:17 - Upcoming changes to affordable housing

17:11 - Growing up in the business

20:32 - Understanding the impact

23:38 - Breaking into the affordable housing industry

25:49 - The Hot Seat presented by KK Reset

Sean has extensive experience structuring complex real estate transactions with emphasis on combining tax credits with state, local, and private financing sources. Since joining LNWA in 2010, Sean has led development teams producing or preserving more than 1400 apartments in 6 states with total investment in excess of $290M. Prior to joining LNWA, Sean held roles in the technology sector with Hewlett-Packard Enterprise and as an early employee at a venture capital backed startup.

Sean is a member of the National Association of Home Builders (NAHB) serving on the Housing Credit Group Advisory Board, the Multifamily Board of Trustees and holds the HCCP professional designation. Locally, Sean is a member of the Board of Directors for the DE Chapter of the National Association of Housing and Redevelopment Officials (NAHRO) and is a member of the CDFI Advisory Board for Cinnaire. He holds a Bachelor of Science in Finance from the University of Pittsburgh and a Master of Business Administration from the University of Delaware.