Ability Housing, a developer of affordable multifamily housing, appointed Thomas Daly Jr. as the organization’s chief operating officer.
Daly started the position April 11.
He oversees the Jacksonville-based nonprofit’s business operations as it expands its portfolio in multiple regions of Florida.
“Tom has significant experience in the affordable housing sector, and has been a trusted collaborator of Ability Housing for many years. His familiarity with our projects and programs, as well as the complex legal and financial requirements of our industry, made him the perfect choice to guide our continued growth and mission fulfillment,” Shannon Nazworth, president and CEO of Ability Housing, said in a news release.
“The firsthand experience I have gained working with Ability Housing fostered my deep respect for the organization; respect not only for the organization’s work, but also for how the leadership team carries out its mission of building strong communities where everyone has a home,” Daly said in the release.
Daly is responsible for managing the property development strategy, including an estimated 375 units of housing anticipated to begin construction this year; asset management policies for the organization’s more than 800 apartment and scattered-site homes across the state; and programs that serve nearly 1,900 residents each day.
He also executes the business plan and is accountable for financial performance.
Daly was chief of the Housing and Community Development Division. Under his leadership, the release said it developed more than 1,400 rental housing units within the urban core by managing city, state and federal funding programs.
Before his tenure at the Housing and Community Development Division, Daly was the manager of finance for the Downtown Investment Authority for nearly five years and helped bring more than 1,000 affordable, workforce, student and market-rate housing units to Downtown.
Daly received a bachelor’s degree in agricultural economics from Purdue University; a master of public affairs with a concentration in public finance from Indiana University; and a J.D. from Florida Coastal School of Law.
He is a National Development Council-certified housing development professional, a member of the Jacksonville Bar Association and American Bar Association.