Assistant Director, Capital Markets
Illinois Housing Development Authority
Michael Babcock is the Assistant Director of Capital Markets for the Illinois Housing Development Authority where he oversees all debt financing for the Authority. In his role, he has overseen more than $6 billion in bond issuances over the last five years for both multifamily and single-family programs. During his tenure, Illinois has implemented a volume cap recycling program, as well as dynamically structured best execution for leveraging MBS through taxable and tax-exempt bond issuances. Michael has worked in a variety of roles at the Authority over the last eight years, with five years in Capital Markets. Michael has a bachelor’s degree from the University of Wisconsin Madison and a master’s degree from the University of Illinois at Chicago.
A discussion of market trends and innovative structures helping address the need for housing across the United States. Panelists will explore how the project finance and tax-exempt financing markets are evolving to mobilize capital, accelerate delivery of new housing and support the preservation and revitalization of existing housing for vulnerable and high-need populations.