Terra Search Places Key Leadership Roles at LIIF
The Terra Search Partners team is pleased to announce the recent completion of our search to assist The Low Income Investment Fund (LIIF)—a leading, national CDFI—in securing multiple leadership roles. Stephanie McFadden, Maygen Moore, and Emma Chávez join an exceptional organization that provides opportunities for communities in need through affordable housing, childcare, education, and the creation of other community facilities.
Stephanie McFadden, Chief Lending Officer
Stephanie has more than 20 years in commercial real estate with an emphasis on multifamily and affordable housing debt products. As the new CLO, Stephanie 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. Additionally, Stephanie is responsible for implementing LIIF’s Impact Lending strategy and managing and supporting relationships with borrowers and stakeholders. She brings a depth of knowledge in all aspects of multifamily housing including finance, development, construction, and asset management/servicing. Prior to joining LIIF, Stephanie 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.
Maygen Moore, Director of National Lending Initiatives
At LIIF, Maygen will oversee funds including the $243 million Golden State Acquisition Fund, $28 million Fund to Preserve Affordable Communities, and $13 million D.C. Preservation Fund. Maygen has worked in affordable housing and community development finance for over a decade. She previously served as the New York market lead at the Corporation for Supportive Housing (CSH) where she managed a $120 million investment portfolio to drive housing policy and meet revenue goals. Prior to CSH, Maygen held positions at Community Solutions and Breaking Ground, two non-profit developers, where she provided leadership in planning, financing, and the acquisition and construction of community facilities and mixed-income housing projects.
Emma Chávez, Western Region Market Director
Based in the Los Angeles office, Emma is responsible for lending activities in California, Oregon, Washington, and Colorado. Her work also includes developing, managing, and supporting local funder relationships and leading LIIF’s efforts in California-based affordable housing policy initiatives. Emma has 20 years of experience in affordable housing finance and development and a strong commitment to social justice via community revitalization. Prior to this new role, Emma served as vice president of community development lending at Boston Private Bank where she was responsible for growing and managing the bank’s California community development lending portfolio. Early in her career she was a loan officer for LIIF and has also served as a lender at the California Community Reinvestment Corporation and the Chicago Community Loan Fund.
The Low Income Investment Fund (LIIF) is a national community development financial institution (CDFI) that invest in communities of opportunity, equity and well-being. As a CDFI, LIIF invests in projects that have high social value but lack access to traditional financial institutions. Since 1984, LIIF has deployed more than $2.9 billion to serve more than two million people in communities across the country from its five offices. An S&P-rated organization, LIIF supports healthy families and communities by providing innovative capital solutions.