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Joseph F. Reilly

President & CEO

 

Community Development Trust

Mr. Reilly has spent 38 years in community development and affordable housing finance.  Currently, Mr. Reilly is the President and CEO of Community Development Trust (CDT), a real estate investment trust with a public purpose to provide long-term capital for the preservation and development of affordable housing. CDT has invested $1.5 billion in debt and equity capital during its 19 years of operations, helping to preserve or add more than 45,000 units of affordable housing stock in 44 states. In 2015, CDT developed a charter school finance program to provide flexible, long-term capital to charter schools in low-income communities that serve low-income children and have a track record of achieving excellent results.

Prior to working at CDT, Mr. Reilly was the national manager for community development real estate at JPMorgan Chase, where he was responsible for deploying more than $4 billion in financing for affordable housing and community development projects. Mr. Reilly completed the General Management Program at Harvard Business School and earned his B.S. in business administration from Iona College.

Mr. Reilly also serves on the Board of Directors of the Leviticus Fund. He previously served on the Advisory Boards of Enterprise Community Investments, Low Income Investment Fund, and Neighborhood Housing Services of New York City. Mr. Reilly also was an Adjunct Professor for real estate finance at NYU from 2007 – 2014.

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