David Butcher

Director of Lending

David is responsible for the oversight of all housing development loan applications and the lending function. David has nearly 20 years of affordable housing experience with national tax credit syndicators specializing in Section 42 Low-Income Housing Tax Credit (LIHTC) as well as state and historic tax credit equity financing. He has underwritten various property types including senior and/or supportive housing, single-family scattered sites, mixed income and mixed use developments, single room occupancy, and various governmental loan and/or subsidy programs.

While with GMAC, David relocated to Denver to establish and manage a new underwriting team which facilitated the successful closing of more than 40 transactions representing over $150 million of invested equity and $275 million in debt financing in less than two years. He has also worked as a market analyst, traveling to various markets throughout the country to evaluate proposed investments, and was also employed by a national commercial real estate valuation firm specializing in the valuation of multi-family affordable housing developments.

David earned his Bachelor of Science in Business Administration, Finance degree from The Ohio State University. He also served eight years in the U.S. Army as an intelligence analyst and linguist. and was deployed to Southwest Asia during Operations Desert Shield and Desert Storm. In his free time, David enjoys travelling, hiking, and exploring Columbus’ Metro Park system. He is an avid cook and cookbook collector.