February 2, 2017 – The Council for Affordable Rural Housing (CARH) named Katherine M. Alitz, a Senior Vice President of Boston Capital, as the 2016 Member of the Year. The award was presented at the annual Midyear Meeting, January 23-25, 2017, in Sarasota, Florida. It recognizes an outstanding CARH member who has demonstrated a significant commitment to the association and to the affordable rural housing industry. Recipients are nominated by fellow CARH members and selected by the CARH Awards Committee. The award is presented each January at a special ceremony at the Midyear Meeting. Ms. Alitz is the 20th CARH member to be honored as Member of the Year since 1997.
CARH was formed in 1980 through the efforts of Boston Capital and other companies in the affordable housing industry. Boston Capital has been an active member since CARH’s organization. Ms. Alitz served on the Board of Directors, chaired several committees and served as president of the CARH Board from June 2010 – June 2012. In presenting the award, Kevin Flynn, Awards Committee Chair and 2015 Member of the Year, stated that, “Katie has worked tirelessly through the years to promote the issues that the affordable housing industry relies upon to be successful in an increasingly difficult environment. We are privileged to have her as a CARH member and delighted that her peers have chosen her for this honor.”
Ms. Alitz is a Senior Vice President and Director of Dispositions and Special Assets for Boston Capital Asset Management LP. She joined Boston Capital in 1998 and oversees the disposition of multi-family housing developments purchased specifically to generate tax benefits for investors. She also develops and implements strategic plans that promote the orderly and efficient disposition of assets to maximize value returned to the company’s investors. Prior to joining the Dispositions Department, Ms. Alitz was a Senior Asset Manager/Corporate Team Leader, and the co-manager of the company’s Corporate Portfolio. She holds a MS in Real Estate Development from the Massachusetts Institute of Technology, and graduated Summa Cum Laude with a BA in Economics from the University of Massachusetts.
Jack Manning, Jeff Goldstein and Kevin Costello of Boston Capital, issued the following statement in response to the award, “On behalf of her friends and colleagues at Boston Capital, we would like to congratulate Katie on receiving this recognition from her peers at the Council for Affordable and Rural Housing. For over 19 years, Katie has demonstrated ingenuity, professionalism and leadership as she guided and mentored so many at Boston Capital and throughout the industry. Member of the Year is a worthy tribute for her efforts to provide housing to so many across the country. To us, she is an example of why we do what we do and how to do it so well. Congratulations Katie. We could not be more proud.”
About CARH:
The Council for Affordable Rural Housing (CARH) is the nation’s leading association that advocates for the affordable rural rental housing industry. Through its strong membership and highly experienced staff, CARH advances major legislation, impacts policy changes, develops educational programs, creates new communication channels, and ensures that every member of Congress and the Executive Branch, are keenly aware of the issues facing the affordable rural rental housing industry.
CARH members include builders, owners, developers, managers, non-profits, housing authorities, syndicators, accountants, architects, attorneys, bankers, and companies that supply goods and services to the industry. Meetings twice a year keep members informed of what’s happening in the industry, and connected to experts and colleagues nation-wide. The meetings also provide a platform for members to bring their issues to national attention and give them a voice in Washington, DC. CARH has been the leading advocate for affordable rural housing for over 35 years.
About Boston Capital:
Boston Capital, headquartered in Boston, MA, is a real estate investment and advisory firm specializing in equity investments in affordable multifamily housing and market rate apartment communities. Boston Capital’s holdings presently include more than 1,714 multifamily apartment properties in 49 states, the District of Columbia, the U.S. Virgin Islands and Guam, constituting nearly 122,000 apartment homes with a development cost in excess of $17.5 billion. Boston Capital is one of the largest owners/investors of apartment properties in the United States.
