California's New Housing Hero: Katherine McFadden Steps Up

California's Housing Finance Agency Makes a Major Hire

California is making significant strides in addressing its housing crisis. The state's housing finance agency has appointed Katherine McFadden to lead their multifamily programs. This is a pivotal move, as the agency has already invested $3.4 billion into affordable housing in just two years.

A Seasoned Professional Steps In

McFadden brings a wealth of experience to her new role. She has spent over six years at Jamboree Housing Corporation, a leading nonprofit in California. Prior to that, she worked in real estate development and housing finance for over 30 years. Her resume also includes a stint with the Sacramento Housing and Redevelopment Agency.

The Perfect Fit

Tony Sertich, the head of the agency, believes McFadden is the ideal candidate. He highlights her unique understanding of both government operations and the needs of affordable housing developers.

Looking Ahead

McFadden will start her new position in early 2026. She is eager to contribute to the future of affordable housing in California and looks forward to collaborating with state partners on a new housing and homelessness agency.

A Hopeful Future

This is a crucial moment for California. With McFadden at the helm, the state has a real opportunity to make substantial progress on affordable housing. The hope is that she will deliver on these promises.