In this episode, we visit our conversation with Michelle Militello, the Vice President, Equity Asset Management at The Community Development Trust. Michelle shares her extensive background in affordable housing, detailing her transition from banking to community development. She emphasizes the importance of asset management in preserving affordable housing and discusses the skills necessary for success in the industry. Michelle also highlights her commitment to mentoring women in affordable housing and reflects on the leadership lessons she has learned throughout her career.

Chapters

(02:03) Career Path: From Banking to Affordable Housing

(12:34) Role at Community Development Trust (CDT) and Its Mission

(18:58) The Importance of Asset Management in Affordable Housing

(22:45) Skills for Success in Affordable Housing

(31:23) Mentorship and Leadership Lessons

(36:02) Conclusion and Future Collaborations

Michelle Militello brings a rich, personal history to her work in affordable housing, a field she entered after transitioning from a career in banking to community development. Shaped early on by her family’s connection to real estate, and strengthened through formal education—including an MBA—Michelle has developed a deep understanding of the sector, especially the vital role asset management plays in preserving long-term affordability. At the Community Development Trust (CDT), she is driven by a clear mission to protect and preserve affordable housing across the country. She speaks often about the importance of mentorship, particularly for women navigating the industry, and models the power of genuine, values-driven leadership. Above all, Michelle’s passion for collaboration fuels her work, reinforcing her belief that the most meaningful progress in affordable housing comes from working together.