Joaquin Altoro is a Managing Director at Falcon Capital Advisors with over 30 years of experience dedicated to fostering affordable and workforce housing solutions and driving sustainable community development. His unique blend of government experience and proven success in leveraging housing initiatives for economic growth makes him a sought-after partner for organizations and communities alike.

In his most recent role as the Administrator of USDA’s Rural Housing Service—a prestigious White House Presidential Appointed position—Joaquin oversaw programs managing approximately $185 billion in assets. His leadership helped improve housing and essential community facilities across rural areas and Tribal lands, ensuring that these communities remain vibrant places to live, work, and raise families.

Before his tenure at USDA, Joaquin served as CEO and Executive Director of the Wisconsin Housing and Economic Development Authority (WHEDA), a cabinet-level position for the Governor of Wisconsin. In this role, he championed innovative affordable housing finance strategies and implemented a holistic approach that spurred economic prosperity for historically marginalized communities.

Joaquin also contributed to shaping national housing policy as a member of the White House Domestic Policy Council’s Interagency Group on Housing Policy, collaborating with federal agencies to integrate best practices and forward-thinking solutions into government programs.

Earlier in his career, he further honed his expertise in community and commercial finance as Vice President of Commercial Banking at Town Bank, where he played a pivotal role in community business banking and commercial lending. His service as a City Plan Commissioner for Milwaukee deepened his understanding of urban planning and real estate development, rounding out a career built on strategic insight and hands-on experience.

In addition to his operational leadership, Joaquin has served on several prestigious boards, including the Federal Home Loan Bank of Chicago’s Community Investment Advisory Council, the CFPB Consumer Advisory Board, the National Council of State Housing Agencies Executive Board, and multiple CDFI boards. His board work reflects his commitment to forging strong public–private partnerships and his extensive network across government, non-profit, and private sectors.