Alexander Goshen, a Fort Lauderdale-based actual property growth and funding agency, has appointed Verlyn Foley as Vice President of Inexpensive Housing for its AG City division. Foley, a seasoned actual property government initially from Trinidad and Tobago, will lead the corporate’s efforts to broaden equitable housing options throughout Florida and different U.S. markets.
In her new function, Foley will oversee the event and execution of reasonably priced housing tasks from website acquisition via stabilization and compliance. Her tasks embody structuring complicated financing packages—resembling Low-Earnings Housing Tax Credit (LIHTC), HUD packages, and public-private partnerships—whereas making certain adherence to native, state, and federal laws.
“Verlyn’s visionary management, experience in actual property growth and skill to navigate the complexities of reasonably priced housing, alongside together with her excellence in strategic management, make her a useful addition to our staff,” stated Miles Alexander III, principal and managing associate of Alexander Goshen.
Verlyn Foley brings over $500 million in growth expertise, having led the development and advisory of multifamily and single-family housing tasks throughout Mississippi, Louisiana, Tennessee, Florida, Alabama, North Carolina, Georgia, and Connecticut. Earlier than becoming a member of Alexander Goshen, she based VOB Growth, an Atlanta-based agency, and made historical past as the primary African American girl to develop properties in Jackson, Mississippi, utilizing the LIHTC mannequin.
“I’m dedicated to delivering high-quality, sustainable, and accessible housing for underserved communities, particularly at such a pivotal time in Alexander Goshen’s progress,” stated Foley. “I’m proud to assist form housing options that foster alternative and dignity for residents.”
Foley’s appointment displays Alexander Goshen’s ongoing funding in management to assist its rising portfolio. The agency has developed practically $400 million in actual property tasks and is at the moment lively in South Florida, Fort Myers, and St. Petersburg.
She holds a Bachelor of Arts in Psychology from York College in Toronto, Canada.
Based in 2014, Alexander Goshen is a privately owned, well-capitalized actual property growth and funding agency headquartered in Fort Lauderdale.
