Governor Tony Evers appointed Mr. Joaquin Altoro as WHEDA’s Executive Director effective June 3, 2019. Mr. Altoro has an extensive, 27-year banking career in both residential and commercial lending. Most recently, he served as Town Bank’s Vice President of Commercial Banking. At Town Bank, he successfully
utilized federal Housing Tax Credits to advance affordable housing options in Southeastern Wisconsin.
Throughout his career, Mr. Altoro has served on numerous boards and advisory committees to help rural and urban populations meet their unique economic development needs. While a board member for Forward Community Investments (FCI), he advised on the CDFI’s loan fund investments in education,
health, housing and entrepreneurship to help build strong communities throughout the state. Furthermore, he served on FCI’s New Markets Tax Credit committee to bring additional investment resources to the state of Wisconsin.
Mr. Altoro has been an expert panel speaker for the Federal Reserve Bank of Chicago educating bankers on successful community development strategies on a local and a national level. He has also been an instructor at the Center for Financial Training, a continuing education program for bankers. His engaged,
high-energy approach and previous entrepreneurial experience complements a strong business/quantitative acumen for advising community bankers across Wisconsin.
As a former City Plan Commissioner for the City of Milwaukee, Mr. Altoro understands Milwaukee’s dynamic community and is well acquainted with diverse neighborhoods in order to serve their socio-economic and affordable housing needs. As WHEDA’s Executive Director, Mr. Altoro will utilize his multi-faceted
community banking expertise, successful track record of establishing public-private partnerships, and unique approach on advising community development projects to advance WHEDA’s mission throughout Wisconsin.
In appointing Mr. Altoro to WHEDA, Governor Evers noted, “Access to affordable housing is another important part of how we think about economic development in a more holistic way and connect the dots to attract new businesses and encourage existing businesses to grow. I’m proud and excited to
have Mr. Altoro serve in this critical role ensuring that the state’s commitment to housing remains strong and solid.”
Mr. Altoro has a Bachelor of Science in Business Management from Cardinal Stritch University. He has received the “Be the Change” award from the Milwaukee Urban League and has been recognized as a “Milwaukee Game Changer,” by MKElifestyle magazine.