Term expires 12/31/2019 (1st Term – Member at Large)
Matthew W. Harrell, Sr. is President & CEO of APK Development & Construction (APK), an acquisition and development real estate company based in Louisville, KY. He is also a member of Louisville’s Affordable Housing Trust Fund Board, which allocates millions of dollars annually for housing development. Matthew has also served as Chair of the African American Initiative Housing Committee, past Vice President of the local Louisville Chapter of the National Association of Real Estate Brokers (NAREB) and National President of United Developers Council of the National Association of Real Estate Brokers.
Matthew began his career in the real estate industry in Indianapolis, Indiana as Assistant Vice President of Approved Mortgage Corp., the largest mortgage brokerage in Indiana. After several years, Matthew relocated to Louisville, Kentucky to begin a career in Real Estate Development and launched APK. APK has quickly become a recognizable, 100% minority-owned and operated, development company, acquiring and developing single family, multifamily and commercial properties. They desire to preserve, create and sustain affordable and workforce homes that provide shelter, security, equity and opportunity for those that have been historically overlooked and undervalued. APK is uniquely positioned to act as the bridge that connects these communities and investment capital. The combined extensive experience, expertise and the independent relationships of APK and their partners has been foundational to their success.
Through diverse partnerships, APK has become a fully integrated development company with the ability to offer design, development and a full range of construction services. APK also has acquired knowledge and experience regarding an array of financial pathways and resources, including bonds, tax credits, private equity financing, HUD Section 8, HUD Multifamily financing, FHA/FNMA, RAD (Rental Assistance Demonstration Program), Solar Tax Credits, New Market Tax Credits and more. APK’s ventures are inspired by the growing awareness of social impact and the need for diversity among institutional investors, as well as the major paradigm shift to a value-driven economy. APK believes that now is the time to invest in affordable housing preservation and work-force communities that rely on affordable housing.