Elizabeth Collins, Vice President of Development utilizes her experience in working with HUD, the VA, state housing finance and rental subsidy programs to reposition older housing developments and to develop new affordable communities. She has been involved in financing, managing and development multifamily and affordable housing for more than 35 years.
Since joining Peabody Properties, more than 15 years ago, Ms. Collins has been responsible for the successful development or repositioning of more than $550M of completed affordable housing projects. This effort includes construction of new communities, the adaptive reuse of historic buildings into housing as well as preserving, repositioning and refinancing existing affordable housing. Building on the expertise Peabody Properties has in managing and providing resident services, Ms. Collins focuses the firm’s development efforts on complex financing structures, management intensive populations and highly regulated developments. She has developed an innovative and award-winning model for permanent supportive housing for homeless Veterans, providing housing and services for Veterans in 225 units in five communities located in Massachusetts and New Jersey.
Prior Career Highlights:
- Senior Vice-President of Acquisitions for Boston Capital Corporation and its predecessor, and was responsible for placing more than $120M of equity investments in affordable housing developments.
- Senior Vice President for Collins Nickas and Company LLC, a firm that specialized in repositioning and preserving older HUD subsidized housing, where she supervised the preservation of 21 communities located in Massachusetts, Connecticut and Illinois.
- Board member of the National Leased Housing Association (NLHA).
- Graduate of Simmons College where she studied finance and economics