Wil Jacobs is a financial services professional with a background in commercial and real estate lending, economic and community development finance, and housing development. Since 2013 he has assisted state and local governments across the country, businesses, and nonprofits in the procurement, design, and implementation of programs and financing structures using Disaster Community Development Block Grants (CDBG), low income housing tax credits and bonds, New Markets Tax Credits, and other funding sources.
Beginning in 2006, Wil was the Housing Policy Director and Program Manager for Louisiana Recovery Authority, created by the governor’s office to lead recovery and rebuilding in the aftermath of Hurricanes Katrina and Rita. He directed funding strategy for over $1.5 billion in CDBG to create over 20,000 new rental and homeownership units. In this role Wil also managed the development and construction of 500 single family homes in 13 projects across southern Louisiana.
Prior to the hurricanes he managed a Markets Tax Credit allocation in the initial New Markets funding round and made real estate and small business loans. Wil began his banking career in the leveraged finance group of a national bank where he provided senior debt for middle market acquisitions and recapitalizations.
Wil has been, and continues to be actively involved in civic and educational endeavors including service on the boards of several private schools and a charter school, the Audubon Nature Institute, the Crescent City Community Land Trust, and a Los Angeles-based New Markets fund. He is proud to serve his first term as chairman of Reconcile New Orleans, the sponsor of Café Reconcile, which provides workforce and life skills training and job placement for young adults.
He received an MBA from the University of Michigan, Ann Arbor, and earned a BA in History from the University of New Orleans.