Carlos G. Laboy-Diaz was appointed Executive Vice-President for Operations of the New York City Housing Authority (NYCHA) in March 2001. In this capacity, he oversees the day to day operations of 178,000 units of public housing in the five boroughs and the administration of the Section 8 Leased Housing Program, which provides housing vouchers for more than 102,000 households in the private rental market. At the same time, Mr. Laboy oversees NYCHA’s mixed finance portfolio and related responsibilities, which he assumed in this prior position as NYCHA’s Managing Director for Mixed Finance Asset Management.
Mr. Laboy joined NYCHA in 2010, bringing over 20 years of experience in the public housing industry. During his tenure as Administrator of the Puerto Rico Public Housing Administration (PRPHA) in San Juan, Puerto Rico, he developed and implemented a mixed finance modernization program involving a $235 million tax credit equity investment, which included the largest bond transaction in the history of HUD’s Capital Fund Financing Program, totaling more than $600 million. Mr. Laboy also designed and spearheaded the largest modernization effort in PRPHA’s history, with the modernization of over 19,000 units, in addition to implementing the largest Resident Service Program in the United States.