Brian Dennison has returned to Fort Worth Housing Solutions to be its new senior vice president of Development and Asset Management. Previously, he worked at the housing authority for nine years as vice president of Development before joining UrbanAmerica, a minority-owned real estate and investment company.
“Brian’s depth of knowledge and extensive relationships with debt and equity providers, developers, contractors and others will greatly advance the agency’s mission,” said President Mary-Margaret Lemons. “We are thrilled to have him back on board.”
Dennison established an $800 million portfolio and 4,800 units of Low-Income Tax Credit and mixed-income projects during his time at the agency. He was instrumental in developing multiple revenue sources to support the agency’s operations and expand affordable housing throughout the City of Fort Worth. Additionally, he established and implemented the agency’s Section 3 requirements. HUD’s Section 3 program directs opportunities for employment, training and contracts to low-income persons and businesses whose majority owners are low-income.
Dennison brings to the agency more than 29 years of experience in commercial real estate lending, finance, asset management and liquidation. He was a senior vice president at both Guaranty Bank and Bluebonnet Savings Bank; a section chief and liquidator-in-charge for the FDIC; and a prime contractor with the Resolution Trust Corporation.