Kelly Boyer joined the Rose Community Capital team in July, 2017 as Managing Director for the west coast. Prior to joining Rose Community Capital she served as the HUD Los Angeles Multifamily Hub Director where she lead a team that pioneered the 223(f) LIHTC Pilot program and the HUD 202 prepayment program. Products include FHA insured financing for multifamily housing, nursing homes, hospitals, and skilled memory care facilities. As a relationship banker, Kelly engages in lending activities throughout the United States; she goes where her clients go. Prior to that, Kelly was the FHA Multifamily/MAP Director for Citibank, N.A. where she obtained the FHA license for the bank and integrated the FHA multifamily lending platform into the bank’s other services. Prior to joining CCC, Kelly was the Owner and Manager of K2U, LLC an independent consulting services company specializing in HUD multifamily and public housing redevelopment, HUD rental assistance programs and FHA financing. Kelly has a particular focus upon affordable deals with FHA financing and layered secondary sources such as LIHTCs, Bonds, RD, HOME and CDBG as well as local sources of funding. Prior to starting her own company, Kelly was a partner in a California based development company that focused upon the acquisition, rehab and preservation of HUD rental assisted projects with LIHTCS and bonds.
Kelly is the former Director of HUD’s Los Angeles, California, Multifamily hub and left the office in mid-2012. During her tenure at HUD she assisted the Department with aligning FHA resources to work more closely with LIHTCs and other sources of financing; worked closely with state agencies to remove obstacles to FHA financing on affordable transactions; was a key member of the FHA Commissioner’s Risk Mitigation team revising FHA underwriting standards; was an original member of the FHA National Loan Committee; and assisted in the development of key preservation programs; such as the §236 prepayment process and preservation program; and, the FHA LIHTC Pilot Program.