Welton Jordan, Vice President, Real Estate Development
Welton Jordan joined EAH Housing in October 2013 and became Vice President in 2018. Mr. Jordan has worked in the field of real estate development, construction and finance for over a decade and has experience in financial underwriting and project management of both new construction and rehabilitation of a variety of multifamily developments. Throughout his career, Mr. Jordan has worked with various private and public funding sources to build affordable/family, market rate, mixed income, mixed use, workforce and permanent supportive housing.
At EAH Housing, Mr. Jordan manages a team of real estate development professionals and oversees the EAH pipeline, which includes business development, property acquisition, rehabilitation and new construction activities in California and Hawai‘i. In his previous role at the organization, he financed several projects in San Jose and Emeryville and served as an Area Director of Real Estate Development overseeing eight counties in northern California.
Prior to joining EAH, Mr. Jordan was a Development Project Specialist for the Housing Authority of the City and County of Fresno (HACCF) from 2009 to 2013. During his tenure he was a key member of a team that closed financing on/or constructed over 1,100 units of affordable housing, totaling over $220 million in public and private funding. A majority of the deals done while at HACCF were completed using 9% Low Income Housing Tax Credits and a combination of other public and private funding. On behalf of HACCF, Mr. Jordan applied for and successfully obtained multiple local, state and federal grants and loans, some of which included 9% and 4% Low Income Housing Tax Credits (LIHTC), MHP, MHSA, HOME, and AHP.
Originally from the Pacific Northwest, Mr. Jordan holds a Bachelor of Science in Economics with a minor in Finance from Southern University in Baton Rouge, Louisiana, and earned a Master of Arts in Economics from the University of Arkansas, Fayetteville, before returning to the west coast. He has worked in public and private sector housing finance throughout California, and received certification as a Housing Development Finance Professional from the National Development Council.