Our Team


Marissa Downs

Senior Vice President - Development

Office: Appleton, WI

Focus: Expanding Commonwealth’s South Carolina development portfolio.

Experience: Sixteen years of experience in real estate finance and development. Graduated from University of Wisconsin-Madison with a Bachelor of Business Administration in Real Estate and Urban Land Economics. Worked at Related Capital in New York, New York on Low Income Housing Tax Credit (LIHTC) equity investment acquisitions. Marissa also worked for another LIHTC development company as a Director of Development prior to joining Commonwealth.

Impressive Facts: While at Related Capital in New York, New York, Marissa closed over $225 million in annual LIHTC equity investments in Florida, New York, New Jersey, Georgia, Pennsylvania, North and South Carolina, Virginia and Massachusetts.  

Fun Stuff: Spending time with her husband, three daughters and two dogs. Currently training to be a self-taught sommelier by trying every bottle of wine ever made.

Commonwealth is tackling the tough job of re-purposing obsolete assets to benefit our communities.


What is Affordable Housing?

WHAT IS THE HOUSE TAX CREDIT PROGRAM? In 1986, the federal government implemented the Low-Income Housing Tax Credit Program (LIHTC),…
Read Article

Former Mandan Junior High School Provides Textbook Case in Affordable Housing

The former Mandan Junior High School has been transformed into 39 units of affordable housing. To celebrate the completion of…
Read Article

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