Cleveland’s Rose Community Capital names new president

Kelly Boyer has been promoted to president of Cleveland-based Rose Community Capital. Rose formerly served as West Coast director of Rose Community Capital.

The finance company, acquired as part of Jonathan Rose Company’s purchase of Forest City’s affordable housing business in 2017, provides FHA loans for clients’ affordable and mixed-income residential projects in the Midwest, West Coast and Northeast.

Boyer was formerly HUD FHA/MAP director and FHA chief underwriter for Citibank N.A./City Community Capital. She also previously worked as the U.S. Department of Housing and Urban development Los Angeles multifamily hub director.