SACRAMENTO — The California Housing Finance Agency is welcoming Stephanie McFadden, a veteran of the affordable housing industry, as the new Director of Multifamily Programs.

Fadden was appointed by the CalHFA Board of Directors to oversee a CalHFA lending team that set an Agency record last fiscal year with $2 billion in lending and bond issuance and an asset management division that monitors more than 18,000 units of affordable housing.

Her extensive expertise and experience, built from nearly three decades working in all sectors of the industry, will be an immense contribution to continuing CalHFA’s success.

“Stephanie McFadden has a proven track record in our business,” said CalHFA Chief Deputy Director Rebecca Franklin. “CalHFA will benefit greatly from her knowledge of housing finance and development, her leadership abilities and her passion for this work.”