Greystone Affordable Housing Initiatives Adds Yolanda Winstead as Head of Finance

Greystone Affordable Housing Initiatives LLC, a leading provider of affordable housing recapitalization and rehabilitation services, announced that Yolanda Winstead has been appointed Head of Finance. In this role, she will provide leadership in orchestration of Greystone’s affordable housing preservation transaction efforts. To date, Greystone has rehabilitated over 8,000 units across the U.S., contributing to an overwhelming need for the continued maintenance and affordability of income- and age-restricted housing.

Prior to joining Greystone, Ms. Winstead served for 15 years at CAHEC, a nonprofit regional tax credit equity syndicator, as Senior Acquisitions Manager. While at CAHEC, she led over $400 million in equity investment transactions involving state and federal Low Income Housing Tax Credits and state and federal Historic Rehabilitation Credits in Alabama; Georgia; North Carolina; South Carolina; Virginia; and Tennessee.

Prior to joining CAHEC, Ms. Winstead was a vice president and project manager with DHIC, a regional nonprofit affordable housing developer, where she was responsible for overseeing planning, financing and construction of single-family and tax credit multifamily housing. While there, she also oversaw the creation and development of DHIC’s home ownership counseling center.

Based in Greystone’s Raleigh, NC office, Ms. Winstead reports to Campbell Brown, SVP, Operations.

“Demand for our full-service advisory and recapitalization platform has increased as the number of affordable units nearing obsolescence across the country continues to grow,” said Mr. Brown. “We are thrilled that Yolanda’s experience across a wide range of states and agencies will help us meet this demand and provide a seamless recapitalization and renovation for thousands more in the future.”