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Ben Etheridge is an affordable housing professional specializing in Low Income Housing Tax Credits. Using his extensive experience in real estate finance, development and asset management, he manages CCA development and consulting activities.
Prior to working with CCA, Mr. Etheridge was the Director of Asset Management for Multifamily Equity Investments and the Director of Specialized Asset Management for the debt portfolio at Fannie Mae. The LIHTC Asset Management team was responsible for managing the physical condition and financial performance of more than 350 investments, through 35 fund managers. These investments represented nearly 3,000 properties and 200,000 units. As Director of the Fannie Mae Specialized Asset Management group (SAM), Mr. Etheridge was responsible for defaulted and chronically troubled loans in Fannie Mae’s $80 billion dollar debt portfolio. Under his direction, this group recorded historic lows in credit losses and REO inventory for Fannie Mae.
Previously, Mr. Etheridge was the Director of Development for Enterprise Homes, a developer of affordable housing located in Baltimore, Maryland. In this capacity, he was responsible for the development and completion of affordable housing developments. His projects included single-family home ownership, low income housing tax credit developments, mixed income and mixed-use housing ventures. His geographic experience includes inner city urban developments, rural developments and multifamily suburban projects.
Mr. Etheridge has been in Real Estate since 1985 and has specialized in affordable housing since 1991. He has an undergraduate degree in Accounting from the University of Southern Maine and an MBA with concentrations in Finance and Real Estate Finance from Bentley College.