Feras Qumseya
Partner, Chief Development Officer
Standard Communities
Feras Qumseya is the Chief Development Officer at Standard Communities where he leads the New Construction division, a national platform focused on leveraging 4% LIHTC financing to build new dedicated affordable housing in major metropolitan areas. Mr. Qumseya has nearly 20 years of real estate and economic development experience, having directed the feasibility, planning, and development of large-scale mixed-use communities and landmark urban revitalization masterplans. He has transformed deteriorated public housing into attractive new mixed-income, mixed-use communities that blend public, affordable, and market rate homes. Feras’ repertoire of financing vehicles includes complex transactions combining private financing with highly competitive local and federal government financing resources. He served as the Mayor’s Founding Director for D.C.’s Saint Elizabeths Redevelopment initiative, one of the largest urban redevelopments in the country, totaling over 180 acres.
He currently serves as co-chair of Urban Land Institute Washington Housing Initiatives Council. He was appointed by Fairfax County Board of Supervisor Chairman Jeff McKay to serve on the Fairfax County Affordable Housing Preservation Task Force and was also appointed by Prince George’s County Board of Supervisor Chairman Calvin Hawkins on the county’s Housing Opportunities for All Workgroup.
Mr. Qumseya received an MS in Information Systems Technology, Construction Management Systems from The George Washington University School of Business. He holds a BA in Economics and Management and International Relations from Beloit College. He is based out of Standard’s Washington, D.C. office.
He currently serves as co-chair of Urban Land Institute Washington Housing Initiatives Council. He was appointed by Fairfax County Board of Supervisor Chairman Jeff McKay to serve on the Fairfax County Affordable Housing Preservation Task Force and was also appointed by Prince George’s County Board of Supervisor Chairman Calvin Hawkins on the county’s Housing Opportunities for All Workgroup.
Mr. Qumseya received an MS in Information Systems Technology, Construction Management Systems from The George Washington University School of Business. He holds a BA in Economics and Management and International Relations from Beloit College. He is based out of Standard’s Washington, D.C. office.
Courses featuring Feras
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$525.00
Solving the Affordable Housing Crisis: Understanding Root Causes and Addressing Production Challenges - Winter 2024
This course will introduce more immediate, sustainable solutions that utilize fewer public resources and avoid lengthy public processes that need to be implemented to curb the number of cost-burdened residents.
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Building Resilient Communities Through Stronger Partnerships: The Role of the Public Sector in Real Estate Development
This live series explores the relationship between developers and public sector managers, the role the public sector plays in promoting equitable development, and how the public sector can attract and successfully collaborate with developers.
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$525.00
Solving the Affordable Housing Crisis: Understanding Root Causes and Addressing Production Challenges
This course takes a fresh approach, exploring the root causes of the affordable housing problem and proposing ideas for both the public and private sectors to consider implementing.