Francis Vargas is Vice President of Elon Development Company and has worked for the Altman Group of Companies for over 10 years. Mr. Vargas has nearly 20 years of experience working in the Housing and Development field, for both non-profit Community Development Corporations and the Redevelopment Authority of the City of Philadelphia (RDA). Mr. Vargas has experience in managing all phases of development from predevelopment to lease up and/or sales. His expertise is in both new construction and rehabilitation and includes rental and homeownership developments. He has successfully managed several projects using various forms of financing Low Income Housing Tax Credits (LIHTC), Redevelopment Assistance Capital Program (RACP), HUD Section 202/811, and various other public and private financing. Recent projects on behalf of Elon Development include Montgomery Hospital Redevelopment Plan, Montgomery Park Senior Housing Phase I, a joint venture with the Easton Housing Authority, Anthony Wayne Senior Housing Phase II and III as well as numerous construction deals.
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