Walker & Dunlop, Inc. announced it hired John Ducey as affordable chief production officer. The firm said Ducey will lead Walker & Dunlop’s affordable housing financing efforts across all capital sources, including Fannie Mae, Freddie Mac and private capital providers as the company seeks to expand its affordable lending footprint across the United States.
Multifamily Executive Vice President Don King commented, “As the largest provider of capital to the multifamily industry in 2020, we are incredibly focused on building upon our leadership position in the affordable housing space, and we are thrilled to have John on board to lead our team’s affordable financing efforts. John has extensive experience in the affordable housing sector, balanced between Low Income Housing Tax Credit (LIHTC) equity investing and affordable lending and will be an invaluable asset as we focus on tax credit equity syndication services over time to supply owners and developers with much-needed LIHTC equity.”
Ducey previously served as director of multifamily LIHTC equity investments at Fannie Mae, where he was responsible for investing LIHTC equity and managing the relationships with eight LIHTC syndicators.