RBC Capital Markets has appointment former New York State Commissioner of Housing Judith A. Calogero to its tax credit syndication group, Apollo Equity Partners.
Serving as Apollo’s Regional Director, Northeast in tax credit equity partnerships, Calogero will also work closely with RBC Capital Markets’ Housing Capital Group, led by Bob Spangler. She will report to Sebastian Corradino, Managing Director and Head of Apollo Equity Partners.
Calogero brings over 25 years of housing experience, from community organiser to Executive Director of Utica Neighborhood Housing Service Inc. and Executive Director of the New York State Rural Housing Coalition, Inc. From 2002 to 2006, Calogero was Commissioner of Housing in the New York State Division of Housing and Community Renewal (DHCR), where she directed a staff of nearly 1,000 and advised Governor George Pataki on all housing policy and community development issues.
During her tenure in the NY State DHCR and its sister agencies, nearly USD10 billion was invested in affordable housing in the state of New York. As a result, more than 199,000 affordable housing opportunities have been provided for low- and middle-income families. Calogero and her staff created and implemented new programs including an initiative to enhance the economic vitality of Main Streets, a State Low-Income Housing Tax Credit and a program to improve housing accessibility for persons with disabilities.
“We are delighted that a person of Judy’s depth and energy is joining our team,” says Corradino. “We expect this will mean great things for our work in the Northeast and nationally. Judy’s unparalleled experience and knowledge of housing finance will be of great benefit to our clients.”