View Multifamily Commentary by Stephanie Wiggins
Ms. Wiggins is Executive Vice President and Chief Investment Officer for the AFL-CIO Housing Investment Trust. She has 28 years experience in the underwriting, origination and valuation of income-producing real estate. Ms. Wiggins has responsibility for managing multifamily investment activities with a focus on FHA and Government Sponsored Enterprise (GSE) executions for both affordable and market-rate transactions. Ms. Wiggins coordinates the HIT’s origination efforts through its nationwide network of multifamily and healthcare developers, Ginnie Mae issuers, FHA mortgage bankers and Fannie Mae DUS lenders. She previously served as the HIT’s Director of Fannie Mae Finance, with responsibility for the expansion of multifamily activities via the Fannie Mae Correspondent Lending Initiative. Ms. Wiggins is a member of the HIT’s Investment Committee.
During Ms. Wiggins’ tenure at the HIT it has invested $2.91 billion in 175 projects creating or preserving more than 43,000 units of housing nationwide, nearly 33,000 of which are affordable to low and moderate-income families.
Before joining the HIT in 2000, Ms. Wiggins served as:
Ms. Wiggins currently sits on the Public Private Partnership Council of the Urban Land Institute, and is a member of the National Housing Conference and Mortgage Bankers Association of America. She also sits on the Advisory Board of the Building America Community Development Entity, a wholly owned subsidiary of the HIT that makes use of its allocation of New Markets Tax Credits to revitalize low-income communities through investments in commercial development, affordable housing and healthcare facilities.
Ms. Wiggins is an active member of Twelve Days of Christmas, Inc., a national non-profit organization dedicated to helping the less fortunate through collective effort, charitable activities, and community involvement. She is currently Vice Chair of the organization’s board, having served earlier as President of the Washington, DC, Metro Chapter.
Ms. Wiggins holds a Bachelor’s degree in Real Estate Finance from the American University.