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POAH Names General Counsel/Managing Director

June 27, 2018

People on the Move 6.27.18
By Donna Kimura, Affordable Housing Finance

Judith S. Jacobson has been named general counsel/managing director at nonprofit Preservation of Affordable Housing, developer and owner of more than 10,000 affordable rental apartments in 11 states and the District of Columbia. She will start in September.

Jacobson has over 30 years of experience in the affordable housing and community development field. She has been the deputy director and general counsel at Massachusetts Housing Partnership since 1996. She has extensive experience in the areas of financing multifamily rental properties, credit enhancement of tax-exempt bonds, first-time homebuyer programs, regulations for mixed finance of public housing, and technical assistance to municipalities. She has spearheaded major innovations in the field of affordable housing, including the development of the One Source loan program for construction and permanent loans and MassDocs, the consolidated closing documents used for all state subsidy loans.

Jacobson replaces W. Bart Lloyd, who is retiring in July after serving as the Boston-based organization’s managing director of acquisitions and general counsel since the company’s early years, following its founding in 2001.