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.