Debbra McAllister has been named a vice president of the nonprofit NYC Housing Partnership Development Corporation. She joins the Housing Partnership from the NYC Department of Citywide Administrative Services (NYCDCAS) where she served as Director of Acquisitions.
“Debbra McAllister brings to the Housing Partnership extensive experience and proven skills that will help us expand our role as a trusted participant in public-private partnerships with strong working relationships with city, state, and federal housing agencies, and the demonstrated ability to shepherd affordable housing projects to closing and beyond,” said Jamie A. Smarr, President and CEO of the Housing Partnership.
During 18 years at NYCDCAS Ms. McAllister completed over $200 million in real property acquisitions transactions and negotiated a half million square feet of commercial leases on behalf of City agencies.
Prior to NYCDCAS Ms. McAllister served in the NYC Department of Housing Preservation and Development (HPD) from 1987 through 2005, including the position of Director of Special Incentive Programs, administering affordable housing programs including the 421-a Affordable Housing Program and the Inclusionary Housing Program. In that role she managed the development of over 100 affordable housing projects which created thousands of units of affordable housing in NYC.
Ms. McAllister holds a Master of Public Administration Degree from Long Island University and a Bachelor of Science--Finance Degree from St. John’s University.
“The NYC Housing Partnership celebrated its 40th anniversary last year,” said Mr. Smarr. “As a leading facilitator of affordable housing in the five boroughs of New York City, we play a key role in the development and preservation of over 72,000 units of affordable housing, providing tens of thousands of New York families with comfortable and safe affordable homes,” he said.
For over four decades the nonprofit Housing Partnership has led relationships among private sector developers and financial institutions and City, State and Federal agencies that created and preserved more than 72,000 low and moderate-income housing units in the five boroughs, leveraging over $7.6 billion in private financing and utilizing more than $540 million in subsidies for affordable housing. This stimulates economic activity that strengthens the social fabric of neighborhoods where people can now live in safe, comfortable, affordable homes.
