LOS ANGELES — TruAmerica Multifamily has appointed James Crowder as managing director of affordable housing. In this role, Crowder will lead the firm’s affordable housing acquisitions, development and preservation initiatives. Often referred to as “Capital A” affordable housing, TruAmerica’s investment strategy focuses on income-restricted rental housing backed by state and federal tax credit programs, including the Low-Income Housing Tax Credit (LIHTC) program.
Prior to joining TruAmerica, Crowder served as vice president of acquisitions and asset management at CCI, where he led investment strategy and portfolio performance. He previously held senior roles at LEDG Capital Partners and Hunt Capital Partners, where he closed approximately 70 LIHTC transactions totaling $1.8 billion.
In 2025, TruAmerica — in partnership with Manulife Investment Management — launched a $1 billion affordable housing joint venture, Anchor Point Residential. The venture debuted with the acquisition of a 51-property, 6,000-unit affordable housing portfolio constructed between 2003 and 2023. The properties are located across major metro areas in California, Texas and Washington.