Matthew Hoffman
Managing Partner at HousingTech
Matthew Hoffman
Managing Partner at HousingTech
Washington, District of Columbia
Overview
Work Experience
Managing Partner
2019 - Current
HousingTech believes that the housing affordability crisis currently touching every corner of the U.S. is inherently solvable, but only if we bring entrepreneurial market forces to bear. Our focus is on removing the constraints that are preventing the nation’s deficit of 4 million housing units from being built — until supply catches up with demand, the market will remain out of balance which will lead to significant financial, political, and social ramifications. HousingTech discovers, supports, and uplifts innovation in the housing market that increases supply, affordability, availability, and attainability. We advise: • Startup companies on strategy, market knowledge, business development, and capital formation • Housing developers, asset managers, capital providers, and others in the housing value chain on how technology and innovation are transforming the market • Policymakers and trade associations on strategies and opportunities to foster innovation and increase housing supply and affordability HousingTech solves your problems and creates value as defined by you. We bring an outside perspective and focus on framing challenges and opportunities, generating options, aligning resources, and developing actionable plans.
Senior Advisor to the Commissioner of the Public Buildings Service
2022 - 2024
Served as senior advisor to the Commissioner of the Public Buildings Service (PBS) focused on two primary issues: the implications of the future of work on the 240 million square feet of office space managed by PBS on behalf of the federal government that are grossly underutilized; and facilitating the attainment of aggressive sustainability goals that will eliminate emissions from all public buildings by 2045. Key projects included supporting the launch of the federal Workplace Innovation Lab (WIL), a new Federal co-working service, and office-to-residential building conversions.
Advisor, Health Secure Housing
2020 - 2022
Raised capital from JPB Foundation and led a place-based initiative in Milwaukee to spark racially equitable neighborhood transformation through homeownership tied to economic development and health supports. Provided strategic and operational guidance to multifamily owners to enable them to shift to a Health Secure Housing paradigm in light of the COVID pandemic
Vice President of Innovation
2008 - 2019
Directed development of new products and services for a financial services and social impact company that deploys $8 billion annually and whose mission is to increase housing affordability and connect low-income people and communities to opportunity. Identified and developed new revenue and growth opportunities and provided strategic guidance to the CEO and business unit leaders. Launched a new venture to invest in early-stage companies with tech-enabled solutions with the prospect of changing the housing market dynamic to increase housing affordability. Led launch of an online brokerage for impact investments with commitments for $1 billion in offerings (www.impactusmarketplace.com). Managed launch of $50 million debt product to make investment opportunities available to retail investors (www.impactnote.com) and envisioned and directed launch of $30 million small company growth capital loan fund. Directed the structuring of social impact bonds in New York City and Vermont.
Real Estate Developer
2003 - 2007
Acquired, renovated, and sold residential multifamily and commercial properties in downtown Baltimore. Directed all operations, including acquisitions, financing, entitlements, redevelopment, marketing, and dispositions.
Strategy Consultant
2001 - 2002
Provided business planning and market analysis services to multiple clients, including a private equity firm bidding for the Washington Nationals baseball team, a media relations company seeking new market share, and a market research firm expanding its business lines and seeking growth capital.
Vice President Business Strategy
2001 - 2001
Developed and managed strategies for corporate growth, market development, sales, and operations for this start-up wireless content company backed by John Kluge and Metromedia Company.
Vice President Ecommerce
1998 - 2000
Advised technology and Internet-focused clients on business and policy issues. Managed a coalition of Chief Technology Officers from ten leading technology companies (including IBM, HP, Intel, Dell, and Sun) working on policy issues such as privacy and network security and authored an economic development diagnostic tool for cities called the “Ecommerce Readiness Guide.”
Director, Secretariat for E-Commerce
1996 - 1998
Advised Secretary of Commerce Bill Daley on e-commerce, telecom, and urban development issues. Coordinated e-commerce policy for the White House and multiple federal agencies.