Craig Alter

Vice President - Development

Office:  Austin, TX regional office

Focus: Locates project sites, manages project design professionals, secures financing and development entitlements, and assists with construction oversight and property lease-up. Craig’s passion for developing great housing communities has guided his work as a consultant, public and non-profit board member, developer, housing finance corporation director, and public housing authority director. Driven to improve awareness of the individual and community benefits generated by affordable housing. “The greatest pleasure is to complete a project that exceeds expectations; an example of how we can assist families achieve their dreams.”

Experience: Over 25 years of experience pinpointing responsive strategies for meeting affordable housing needs. Earned an undergraduate degree in natural resource management and a graduate degree in urban/regional planning from the University of Michigan.

Impressive Facts: In constructing or rehabilitating more than 3,500 housing units, Craig has drawn from his expertise in the 4% and 9% tax credit programs, HUD loan and housing voucher products, public-private partnerships, site and architectural design, and project management.

Fun Stuff: Craig’s outdoor passions are snow skiing in the Rockies, camping and hiking in the West Texas mountains, or relaxing on a beach. His family likes to take travel adventures to places they have never been, particularly out of the U.S.

Commonwealth is not just a company that builds housing, it has an ethos of compassion for persons in need and responsibility to deliver the best product.

News/Happenings

Four Projects Awarded Financing Through FHLB-Chicago’s AHP Program

Commonwealth is grateful and proud to have four Wisconsin projects receive financing through FHLB-Chicago’s AHP program, totaling close to $2.9…
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Historic Apartments on 4th Wins ND Main Street Award

What an honor to have our Historic Apartments on 4th apartment community win the North Dakota Main Street Award in…
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Commonwealth has been extremely professional and courteous to the staff and the residents still living in our facility. They exceeded our expectations during the construction project as well as during the renovation of a 1923 school. Both projects have turned out to be beautiful and successful for our community.

Nancy McKenzie, Executive Director , Rhinelander Housing Authority