Walker & Dunlop, Inc. announced today the expansion of its Low Income Housing Tax Credit (LIHTC) equity team with the addition of Jack Hodgkins and Stacie Nekus. Hodgkins joins as senior vice president and head of LIHTC credit, based in Denver, Colorado. Nekus joins as senior managing director and head of business development for LIHTC Investor Relations, based in Pittsburgh, Pennsylvania. Both are part of Walker & Dunlop’s Affordable Equity platform under the leadership of John O’Toole, EVP & head of Affordable Equity.
“Jack and Stacie represent an important next step in the growth of our affordable housing platform,” said Sheri Thompson, EVP and head of Affordable Housing at Walker & Dunlop. “As our LIHTC syndication business expands, we are strengthening our capabilities across credit and investor relations to deliver disciplined, high-quality execution and meet growing demand from both developers and institutional investors.”
Hodgkins will lead LIHTC credit strategy and underwriting, with a focus on bolstering investment risk analysis, enhancing underwriting rigor, and maintaining portfolio quality. He brings more than 25 years of experience in affordable housing and real estate investment management, with a track record of overseeing billions in equity investments across tax credit funds and direct investments. His leadership with the Affordable Housing Investors Council (AHIC) helped shape industry standards and risk management practices that continue to be widely used across the affordable housing sector.
Nekus will lead business development efforts for Walker & Dunlop Affordable Equity’s LIHTC investor relations team, focusing on strengthening investor infrastructure, expanding institutional relationships, and driving equity capital formation. She will also focus on enhancing investor reporting, optimizing fund structures, and driving growth across both multi-investor and proprietary funds. Nekus brings more than 30 years of real estate experience, including more than 20 years of experience raising and placing equity capital.
“This expansion will deliver immediate value across our platform,” said O’Toole. “Stacie’s relationships and strategic approach to investor engagement will enhance our access to capital and build on the strong leadership Dudley Benoit has established in leading our investor relations team. Jack’s extensive experience managing LIHTC investments and overseeing portfolio risk brings institutional credibility and further strengthens our ability to deliver disciplined, investor focused analysis.”
Walker & Dunlop has a long-standing commitment to affordable housing and continues to invest in its affordable platform to provide clients with unparalleled solutions for all of their needs. The team originated over $8.9 billion in affordable and workforce financing from 2022-2025 through HUD, Fannie Mae, Freddie Mac, and capital markets sources. To learn more about the team’s capabilities and financing options, visit our website.
