David H Steinwedell of Affordable Central Texas: How We Are Helping To Make Housing More Affordable
Authority Magazine Editorial Staff Jun 19, 2024
In many large cities in the US, there is a crisis caused by a shortage of affordable housing options. This has led to a host of social challenges. In this series called “How We Are Helping To Make Housing More Affordable” we are talking to successful business leaders, real estate leaders, and builders, who share the initiatives they are undertaking to create more affordable housing options in the US.
David H. Steinwedell is a 35+ year veteran of the commercial real estate industry and has worked in a variety of disciplines including public and private investment management, acquisitions, debt, capital markets, investment banking and asset management. David is Founder and Chairman of Affordable Central Texas, the sponsor and investment manager of the $400 million, Austin Housing Conservancy Fund in Austin, TX. Over his career, David has completed over $15 billion in transactions across all property types and as part of private equity funds, REITs and other investment vehicles. A graduate of Hamilton College, David currently serves as past chair of the Austin Economic Development Corporation board and has served on the boards of National Association of Real Estate Investment Managers (NAREIM), ULI Austin and Atlanta, The Trust for Public Land and the Tritt Elementary School Foundation.