Laura Vandeweghe Joins Decro Corporation

Veteran Housing Professional Will Help Expand Affordable Housing Pipeline and
Extend Community Outreach

LOS ANGELES, CA–Decro Corporation announced today that Laura Vandeweghe joined the nonprofit organization as Director of Housing and Community Development.  Based out of Culver City, she will work directly with Decro’s Chief Executive Officer on the development and financing of a transformative, mixed-use, mixed-income development in Los Angeles with 50,000 square feet of commercial space and approximately 200 multifamily housing units. Ms. Vandeweghe comes to Decro Corporation with more than 15 years of experience in complex, mixed-use development transactions. She has entitled more than 4,700 housing units in California and developed more than 1,500 multifamily units in the Los Angeles metropolitan area.

Ms. Vandeweghe is a veteran in structuring complex real estate transactions comprised of multi-layered financing using New Market Tax Credits (NMTCs) and Low Income Housing Tax Credits (LIHTCs), and successfully bringing difficult projects to fruition.  Prior to joining Decro, Ms. Vandeweghe was a managing member of a real estate development and asset management firm that handled the entitlements for the 1,100 acre master planned community, Rancho Los Lagos, comprised of 3,800 housing units, a 100 acre business park, 10 acres of commercial, a 40-acre community park, two schools and an active adult golf community. She was vice president at CityScape Capital Group, LLC, where she managed new market, historic, and energy tax credit portfolios worth more than $100 million, and director of marketing and asset management at Urban Partners, LLC where she oversaw a portfolio of over $1 billion in development in Los Angeles and Seattle.

Ms. Vandeweghe is a member of the American Planning Association and Urban Land Institute.  She holds a Master in Business Administration with an emphasis in real estate from the University of California, Los Angeles Anderson School of Management, a Master in Urban Planning from the University of California, Los Angeles and a Bachelor of Arts from Northwestern University.