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.
The challenge of building new housing and making it affordable is omnipresent in almost all areas around the country. With the 21st Century ROAD to Housing Act now law, what’s at stake for housing? What new tools have been introduced and how can the public finance industry leverage them?