Jaime Bordenave is a nationally recognized leader in affordable housing, community development, housing finance, and urban revitalization, with more than 46 years of experience serving public agencies, housing authorities, and low-income communities across the United States and internationally. As Founder and President of The Communities Group and Majority Owner of TCG Development Advisors, Jaime has dedicated his career to developing innovative solutions that preserve and expand affordable housing opportunities while strengthening communities.

Throughout his career, Jaime has maintained a close working relationship with the U.S. Department of Housing and Urban Development (HUD), serving as a trusted advisor on public housing redevelopment, recapitalization, and finance initiatives. He has worked extensively with HUD’s Office of Capital Improvements and Office of Recapitalization, assisting with the review of public housing finance proposals, conducting site assessments, developing technical resource materials and guidebooks, and providing training and technical assistance to housing authorities nationwide through HUD-sponsored conferences and programs.

Jaime has been a driving force behind some of the nation’s most significant public housing transformation efforts. He has led planning and redevelopment initiatives in numerous states, including Florida, South Carolina, North Carolina, Virginia, Maryland, and Minnesota, and successfully secured 15 HUD Choice Neighborhoods planning grants supporting large-scale urban revitalization efforts.

Recognizing the transformative potential of HUD’s Rental Assistance Demonstration (RAD) program from its inception, Jaime positioned TCG Development Advisors as one of the nation’s leading RAD advisors. Under his leadership, TCG has helped housing authorities across the country leverage RAD to preserve, recapitalize, and modernize aging public housing assets while protecting long-term affordability for residents. In parallel, Jaime has worked closely with HUD to support the growth and refinement of the RAD program itself, contributing technical expertise, implementation guidance, and industry insight that have helped shape one of the most impactful affordable housing preservation programs in the nation.

Today, Jaime continues to provide strategic leadership to TCG Development Advisors and The Communities Group, helping public housing agencies, municipalities, and development partners navigate complex redevelopment challenges and deliver lasting community impact.

Wendy Panor serves as Chief Executive Officer of TCG Development Advisors, bringing more than 30 years of experience in real estate development, finance, asset management, and organizational leadership. Since joining TCG in 2010, she has played an instrumental role in the company’s growth and success, leading complex affordable housing redevelopment initiatives and strengthening partnerships with housing authorities across the country.

Over the course of her tenure, Wendy has advanced through increasingly senior leadership positions, overseeing project development, financing, construction management, tax credit compliance, and asset management for a diverse multi-state portfolio that includes RAD, Section 18, HOPE VI, Low-Income Housing Tax Credit (LIHTC), and market-rate communities. Her expertise and collaborative approach have helped establish TCG as one of the nation’s leading private-sector partners in HUD’s Rental Assistance Demonstration (RAD) program.

As CEO, Wendy leads TCG’s strategic vision and operations, guiding the company’s mission to preserve and expand affordable housing opportunities while delivering high-quality communities and long-term value for public housing authority partners, residents, and stakeholders. She is known for her ability to build strong relationships, navigate complex development and financing structures, and successfully manage projects from concept through stabilization.

A certified tax credit compliance professional, Wendy has extensive experience working with state housing finance agencies, tax credit investors, lenders, underwriters, property management teams, auditors, and public-sector partners. Her leadership has been critical in structuring and executing successful redevelopment transactions while ensuring ongoing compliance, operational excellence, and financial performance across TCG’s portfolio.

Wendy holds a Bachelor of Science degree from the University of Maryland’s Robert H. Smith School of Business.