California's New Housing Hero: Katherine McFadden Steps Up

California is making big moves to tackle its housing crisis. The state's housing finance agency just hired Katherine McFadden to lead their multifamily programs. This is a huge deal because the agency has already pumped $3. 4 billion into affordable housing in just two years. They're not slowing down anytime soon. McFadden isn't new to this game. She's spent over six years at Jamboree Housing Corporation, a top nonprofit in California. Before that, she worked in real estate development and housing finance for over 30 years. She's even worked with the Sacramento Housing and Redevelopment Agency. Talk about experience!Tony Sertich, the head of the agency, thinks McFadden is the perfect fit. He says she understands both government and the needs of affordable housing developers. That's a rare combo. McFadden starts her new job in early 2026. She's excited about the future of affordable housing in California. She's also looking forward to working with state partners on a new housing and homelessness agency. That's a lot on her plate, but she seems ready. This is a big moment for California. With McFadden at the helm, the state might finally make some serious progress on affordable housing. Let's hope she can deliver.