Mr. Jordan oversees a $1.7 billion pipeline across 50+ properties of affordable housing developments
SAN RAFAEL, CA (November 20, 2019) – Today, EAH Housing promoted Welton Jordan to senior vice president of real estate development after nearly two years serving as vice president and interim vice president.
“Within two short years, Welton has been able to achieve a 50% increase in our active development pipeline and has increased the real estate development team by nearly 100%,” said Laura Hall, president and chief executive officer at EAH Housing. “His leadership has enabled us to increase our footprint throughout California and Hawaii, and is guiding us to one of the most productive times in our 50+ year history.”
As senior vice president of real estate development, Mr. Jordan is responsible for business development, real estate acquisition, rehabilitation and new construction activities in California and Hawaii. He presides over a current active pipeline of more than 50 deals totaling more than $1.7 billion, while leading a team of 19 development professionals.
“There’s a sense of urgency in California and Hawaii to develop the affordable housing we desperately need,” says Welton Jordan. “We’re able to leverage our experience and expertise to bring to market innovative solutions that fill a gaping void, from Hawaii’s first affordable housing micro units to agricultural workforce housing in the Central Coast, and permanent supportive housing developments in Los Angeles,” said Welton Jordan.
For more than 50 years, it has been the mission of EAH Housing to develop, manage and promote quality affordable housing and sustainable, diverse communities. The organization serves 25,000 people every day – working families, seniors, veterans and people with disabilities in California and Hawaii.
About EAH Housing
Established in 1968, EAH Housing is one of the largest and most respected nonprofit housing development and management organizations in the western United States. EAH develops low-income multifamily housing, manages more than 110 properties in 55 municipalities in California and Hawaii, and plays a leadership role in local, regional and national housing advocacy efforts.