Idaho Housing and Finance Association’s President and Executive Director, Gerald Hunter, announces that Douglas Peterson has joined The Housing Company as Director of Housing Development and Property Management.

Peterson oversees The Housing Company, a nonprofit group created by IHFA in 1990 to provide rental-housing options for Idaho residents. THC is dedicated to preserving Idaho’s existing affordable housing stock, facilitating development of new housing in under-served areas throughout Idaho, and providing quality professional property management for developments in its portfolio.

As Director of Housing Development and Property Management, Peterson is responsible to find potential development opportunities for affordable housing throughout Idaho, provide oversight to the management of THC’s 23 existing multifamily properties, and arrange financing to make affordable housing fiscally viable.

For much of his career, Peterson has been working to create affordable housing opportunities. Prior to joining THC, Peterson was the executive director of the Arlington (Va.) Partnership for Affordable Housing. He also was a professor of affordable housing at Catholic University of America in Washington, D.C., from 2005 to 2007. From 1990 to 2000, Peterson served as Housing Development Specialist of the Arlington County Office of Housing Development.

Peterson received a master’s degree from the University of Virginia and a bachelor’s degree from Radford University in Radford, Va.

The Housing Company, an organization committed to providing rental housing options for Idaho families and senior citizens, serves as the management agent for 23 affordable properties located throughout the state.

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The Idaho Housing and Finance Association, a financial services and housing business organization, provides funding for affordable housing in communities where it is most needed and when economically feasible.