News: Owners Developers & Managers

Beirne named as deputy director of capital management at Massachusetts Housing Investment Corp.

Sean Beirne

Boston, MA Massachusetts Housing Investment Corporation (MHIC), an innovative private, non-profit financier in affordable housing and community development in New England, has appointed Sean Beirne as Deputy Director of Capital Management. For the past decade, Beirne has worked in banking and finance with a focus on investment and fund analysis and management. He joined MHIC on June 5, 2023, where he will support development of the organization’s vision, strategies and tactics for raising capital.

“Sean’s collaborative approach and background in community development and investment analysis are perfectly aligned with the experience and skills needed to be successful in this role,” said MHIC President and CEO Moddie Turay. “Our leadership team looks forward to leveraging his expertise as MHIC seeks to expand our product offerings and deepen our investment impact across New England.”

In his new role, Beirne will support all aspects of investor relations for MHIC’s Low-Income Housing Tax Credit (LIHTC), New Market Tax Credit (NMTC) and Healthy Neighborhoods Equity Fund (HNEF) equity platforms and lending programs. He will work closely with investment and asset management staff to monitor and assess progress toward goals and manage relationships with key internal and external stakeholders.

Prior to joining MHIC, Beirne served as assistant vice president of community development investments at Citizens Bank where he was responsible for underwriting and closing multi-fund Low-Income Housing Tax Credit and state tax credit investments. Earlier, Beirne held senior analyst positions at Boston Financial Investment Management in both the Fund Management and Equity Production groups.

“I am honored to join MHIC and work closely with the investment team to explore new and strategic ways to maximize MHIC’s impact across New England during this critical time for housing affordability,” said Beirne.

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