President | Chief Executive Officer
Mr. Costa is responsible for overseeing all activities at Highridge Costa, which specializes in the development, ownership, financing, construction, repositioning, and asset management of affordable housing for families and seniors throughout the U.S.
These housing communities are all developed utilizing low-income housing tax credits, as well as other types of public and private financing. Mr. Costa is considered an industry expert in tax exempt bond financing and other affordable financing programs as well as tax credit-based asset management, including the myriad of compliance issues associated with owning and managing bond financed and tax credit properties.
Over the past 29 years, Mr. Costa and his team have been responsible for developing and growing a
portfolio of more than 30,000 affordable housing units in 300 communities throughout the U.S. and Puerto Rico. Throughout a career spanning nearly three decades, Mr. Costa has supervised the development and financing of nearly 45,000 units of multi-family affordable and market- rate housing. Highridge costa was founded by Mr. Costa in 1994 originally as a subsidiary of KB Home, in 2011 the company was recapitalized through a joint venture between Mr. Costa and Highridge Partners, a diversified, privately held investment firm.
In recognition of his contributions to the industry, in 2018 Mr. Costa was inducted into both the
Affordable Housing Hall of Fame (AHF), a national recognition, and the California Housing Hall of Fame (CHC). He was named the Freddie Mac Multi-family Builder of the year in 2000 and the 1999 Builder of the Year by Multi-family Executive Magazine. An executive member of the California Housing Consortium and the California Council of Affordable Housing, which are statewide nonprofit organizations focused on the production of affordable housing in California.
Mr. Costa holds a Bachelor of Science degree in Engineering from California Polytechnic State University
at San Luis Obispo, and also holds a general contractor’s license from the State of California