Bob Powers is a seasoned real estate professional with over 30 years of experience specializing in community development and affordable housing. As the Managing Director and Pacific Northwest Market Leader for Chase Community Development Banking, he plays a pivotal role in advancing affordable housing initiatives...
Bob Powers is a seasoned real estate professional with over 30 years of experience specializing in community development and affordable housing. As the Managing Director and Pacific Northwest Market Leader for Chase Community Development Banking, he plays a pivotal role in advancing affordable housing initiatives across Washington, Oregon, and Idaho. In his current capacity, Bob leads a dedicated team that provides a comprehensive suite of financial products and services tailored to meet the diverse needs of clients, including for-profit and non-profit developers, housing authorities, and public entities. His expertise in Low-Income Housing Tax Credits (LIHTC) and asset management enables him to navigate the complexities of real estate development, ensuring that projects not only meet financial benchmarks but also contribute positively to the communities they serve.
Bob is actively involved in key projects that aim to enhance the availability of affordable housing in the Pacific Northwest. His leadership in lending for construction and permanent financing has facilitated the development of numerous multifamily housing projects, helping to address the pressing need for affordable living options in the region. Additionally, his role on the board of directors for the Washington Community Reinvestment Association (WCRA) and the loan committee for the Network for Oregon Affordable Housing (NOAH) underscores his commitment to community reinvestment and sustainable development. With a strong foundation in due diligence and real estate development, Bob Powers continues to be a driving force in shaping the future of affordable housing, leveraging his extensive network and industry knowledge to foster collaboration and innovation in community development banking.
