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Matthew Keen

Assistant Vice President and Principal

Matthew Keen

Matthew Keen is an Assistant Vice President and Principal at Diamond and Associates with over 10 years of experience working on the financing and construction of multi-family and homeownership developments throughout Pennsylvania, New Jersey, New York, Kentucky, and Indiana.

Matthew joined Diamond and Associates in 2016 and began supporting both nonprofit and for profit developers financing the construction of both senior and family multifamily developments as well as multiple homeownership and owner-occupied repair developments. Matthew has initiated and supported the development of nearly 3,000 homes for low and moderate income families. He has completed multiple financing applications across a myriad of funding options including 9% and 4% LIHTC, PHARE, HOME/CDBG, Section 9/ACC, and Section 8 Project Based Vouchers. Additionally, Matthew has advanced the firm’s expertise in accessing Federal Home Loan Bank Affordable Housing Program (AHP) monies in multiple districts across the country – securing over $25 million from FHLB of New York, FHLB of Pittsburgh, FHLB Boston, and FHLB of Atlanta for homeownership and rental developments. Matthew has built relationships with multiple financial institutions to secure tax credit equity and debt. He has experience executing transactions that include FHA 221d4 debt, Freddie Mac TEL, and multiple short term construction loans. He continues to provide leadership and guidance to clients in order to achieve financial closing and begin construction. Matthew has worked on developments ranging from the new construction of 21 homes available for purchase to the rehabilitation of over 200 units of multifamily rental housing. Projects have ranged in size from $3.2MM up to $50.9MM.

Prior to joining Diamond and Associates, Matthew worked at King Park Development Corporation, an Indianapolis-based community development corporation focused on both affordable housing and economic development. Matthew managed over 40 real estate properties, financed the complete rehabilitation of 7 vacant houses, and closed on the sale of over $1.5 million in real estate assets.

Matthew currently serves on the Community Design Collaborative Board where he is co-chair of the governance committee. He holds a Community Leadership Certificate from the Indianapolis Neighborhood Resource Clinic and was named one of Citizen Energy’s 100 Community Leaders in 2013 for his work with community residents through a yearlong Quality of Life planning process as an AmeriCorps member in Indianapolis.

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