The Low Income Investment Fund (LIIF), a national community development financial institution (CDFI), has named Stephanie McFadden as the new Chief Lending Officer (CLO). Based in the San Francisco office, McFadden will lead LIIF’s impact lending strategy.
“This organization is dedicated to making true impact in underserved communities. I’m excited to guide our team as we work to be more intentional in how we deploy capital,” said McFadden.
McFadden has more than 20 years in commercial real estate with an emphasis on multifamily and affordable housing debt products. She has a depth of knowledge in all aspects of multifamily housing including finance, development, construction and asset management/servicing. Prior to joining LIIF, McFadden was senior advisor, office of multifamily production at U.S. Department of Housing and Urban Development. She has previously held positions at CBRE Group, PNC, Vitus Group and ARCS Commercial Mortgage. She is currently assistant chair of the Urban Land Institute’s Affordable and Workforce Housing Council and held previous board and member positions with Western Mortgagee Advisory Council and the Mortgage Bankers Association.
“It’s an asset to have a seasoned professional like Stephanie leading our loan production activities,” said Kimberly Latimer-Nelligan, LIIF’s President. “Our lending team is looking forward to having her leadership and vision steward us as we seek to invest in equitable and opportunity-rich communities.”
As the new CLO, McFadden is responsible for the organization’s capital deployment across its platform, including LIIF’s Revolving Loan Fund, NMTC allocations, federal subsidy programs and debt fund business. Ms. McFadden is also responsible for implementing LIIF’s Impact Lending strategy and managing and supporting relationships with borrowers and stakeholders.