January 3, 2020
Contact: Jonathan Paine

NALHFA Mourns Board Member Todd Lee of DCHFA
WASHINGTON, DC – It is with a heavy heart that NALHFA shares the passing of Board Member Todd Lee, Executive Director and CEO of the DC Housing Finance Agency (DCHFA). Todd, 51, is survived by his wife and two children. NALHFA extends our heartfelt condolences to the Lee family during this time.
Todd was deeply committed to affordable housing and commercial real estate, with over 30 years in the industry. Todd served as the Executive Director and CEO of the DCHFA since 2016 and served on NALHFA’s Board of Directors since 2017. Under Todd's leadership, there has been over $1 billion invested in the creation and preservation of affordable multifamily rental and workforce housing units in addition to supporting homeownership opportunities across the District.

“It is with great sadness and difficulty that we share the news that our beloved Todd Lee passed away unexpectedly on New Year’s Day,” said Jonathan Paine, NALHFA Executive Director. “Many of us know Todd as a gentle giant, with great love and passion for others. This is truly a great loss to many. I will personally miss Todd for his friendship, strong leadership, wisdom, and positive energy that he always brought to each and every day. The entire NALHFA community mourns his loss, and extend our sympathies to his wife and two children whom he deeply loved”

Before joining DCHFA, Todd spent 15 years at Fannie Mae’s Multifamily Division, where he served as Vice President for Multifamily Equity in the Community Investments unit. Prior to Fannie Mae, he worked as the Vice President for Bank of America’s Real Estate Structured Debt Group; Vice President for Chevy Chase Bank’s Real Estate Banking Group (Capital One); and Assistant Vice President for NationBank’s Community Development Lending Group (Bank of America).

Todd was a member of the Urban Land Institute and District of Columbia Building Industry Association (DCBIA). In March 2019, Mr. Lee was the DCBIA Government Sector Awardee. In 2018, he was named one of The Washington Business Journal’s Minority Business Leader Award honorees. He was formerly a member of the District of Columbia Housing Preservation Strike Force where he served as the Chair of the Finance sub-committee, and he’s a past board member of the East of the River Community Development Corporation. He also served on the board of the National Council of State Housing Agencies (NCSHA). He was a proud alumnus of The College of William and Mary where he played football and earned a Bachelor of Business Administration in Finance.

About NALHFA: The National Association of Local Housing Finance Agencies (NALHFA), founded in 1982, is the national association of professionals working to finance affordable housing in the broader community development context at the local level. As a non-profit association, NALHFA is an advocate before Congress and federal agencies on legislative and regulatory issues affecting affordable housing and provides technical assistance and educational opportunities to its members and the public. Members are city and county agencies, non-profits, and private firms, such as underwriters, consultants, financial advisers, bond counsel, and rating agencies, which help in producing housing from concept to completion.