The District of Columbia Housing Authority is fashioning a new physical landscape in the nation's capital and re-energizing the social and economic landscape of entire neighborhoods. As public housing authorities are dismantling distressed public housing "projects," they are assuming two new roles: those of real estate developer and community builder.
In this program, David Cortiella of the DC Housing Authority discussed how his agency has leveraged $170 million in federal grants into $2 billion of residential and mixed use development.
David Cortiella has more than 20 years of experience in the affordable and public housing industry. Among his numerous projects, Mr. Cortiella currently manages the redevelopment of a former public housing community in the District of Columbia. When completed, the mixed-income, mixed-use property will contain more than 2,500 units of housing, approximately one million square feet of commerical and retail space and other community amenities. In addition, Mr. Cortiella has been an advisor to numerous large public housing authorities throughout the United States and Puerto Rico and worked in numerous senior level executive positions in the City of Boston, including executive director of the Boston Housing Authority. He is a graduate of Harvard University and Northeastern University School of Law.