Managing Director, Market Manager for Southern California, Community Development Finance
Union Bank
Perica Bell’s career has focused on financing and building successful real estate projects, providing value to external shareholders and creating attainable, affordable housing for low/moderate income residents. Today, within the Real Estate Industries Group at Union Bank, she oversees the administration of Community Development Finance activities throughout central and southern California, originating $300+ million annually in debt and low-income housing tax credit equity for the bank’s affordable housing developer relationships and leading community development investment activities in wholesale markets outside of California.
Bell collaborates with key stakeholders/leaders in the space to solve challenges around affordable housing production throughout California and capacity building for non-profit affordable housing developers. Over the past few years, she has deployed $252 million in capital to build or preserve 1,300 affordable housing units throughout the County of Los Angeles.
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