Karyntha Walsh

Karyntha is a Senior Project Manager who works with multifamily developers to create quality affordable housing. Karyntha worked at Diamond from 2013 through 2019 and recently rejoined the firm in fall 2023. Over the course of her career, she has supported hundreds of millions in affordable housing development and preservation, using all of the financing tools available. Diamond has been delighted to welcome her back to the firm.

Karyntha’s financing repertoire includes:

·         4% and 9% Low Income Housing Tax Credits in PA, NJ, MS, CA and IL

·         Tax Exempt Bonds – Private Placement and Public Offering

·         AHP financing from FHLB Pittsburgh, FHLB Boston and FHLB NY;

·         CDBG/HOME/Housing Trust Fund financing;

·         Housing Authority Development Gap Financing/Section 8 PBV;

·         PHARE financing

·         HUD Choice Neighborhood Planning Grant

·         FHA and GSE loan products

Karyntha’s career in affordable housing started in 2006 as a housing policy research assistant for the Fannie Mae Foundation. Massive flooding had just devastated New Orleans post-Hurricane Katrina, creating an opportunity for her to explore the economic and racial inequality at a time when the Foundation wanted to play an integral role in the City’s redevelopment. The exploration established her interest to create impact in the affordable housing industry.

In 2007, Karyntha pursued an assistant developer role at a North Philadelphia community development corporation, Women’s Community Revitalization Project (“WCRP”). She was drawn to WCRP’s mission to build housing that was affordable to very low income families. At WCRP, Karyntha assisted the submission of various financing applications and had a front seat in discussions with residents, community members, and politicians. She saw how a community-based nonprofit tackled real estate development in a rapidly gentrifying climate with precision and intention.

In an effort to create more impact and further advance her career, Karyntha joined NJ-based Michaels Development Company (“Michaels”) in 2010. She received a rapid introduction to development nationwide and quickly started managing deals in New Jersey and Mississippi – learning how to partner with nonprofit organizations and housing authorities. Those first deals ranged from $8M to in excess of $20M each.

From 2019 to 2023, Karyntha joined NYC-based real estate developer, Rose Development Company and worked on large acquisition rehabs located in California and Chicago, IL. In late 2023, Karyntha rejoined Diamond as a seasonal consultant and is enjoying supporting Diamond’s clients again.

Karyntha has a Bachelor's degree in Marketing and Psychology from Georgetown University and a Master's degree in Historic Preservation from Columbia University. Karyntha was named a 2011 Young Leader by Affordable Housing Finance. Originally from Queens, NY, she loves food and travel and is an advocate for women’s professional advancement in the affordable housing field.