Luis Carlos Fernández Trinchet

Luis Trinchet joined Acacia Network in January 2022 as the Chief Housing Officer, in charge of overseeing and expanding the organization’s robust portfolio of affordable, supportive, and transitional housing. He brings to Acacia Network decades of experience in the housing and finance sectors, with emphasis on the administration of complex financing programs through federal, state, and private funding, and in the development and implementation of public policies.

Prior to joining Acacia Network, Trinchet served as the Secretary of the Puerto Rico Department of Housing (PRDOH), President of the Board of Directors for the Puerto Rico Housing Finance Authority (PRHFA), and President of the Board of Directors for the Puerto Rico Housing Public Administration (PRPHA). He was also President of the Economic Development Bank for Puerto Rico (EDB) and Executive Director of the Puerto Rico Housing Finance Authority (PRHFA). In these roles, he oversaw more than 400 employees and managed diverse programs. Among other achievements, he launched eight (8) new Community Development Block Grant-Disaster Recovery (CDBG-DR) programs, totaling $2.3 billion in initial economic activity; secured $1.7 billion in additional CDBG-DR funds (to reach a total of $3.2 billion available for disbursement) and the further publication of the $8.3 billion CDBG-MIT (Mitigation) program; initiated the repair/reconstruction of approximately 1,600 housing units in one program, and launched a historic 4%-exempt low-income housing tax credit program addressing private affordable housing, which allowed the allocation of almost $800 million in private activity bond volume.

With extensive experience in project development, financing, investments, and tax credits, Trinchet regularly participates as a speaker and expert panelist on diverse forums and conferences, presenting on topics such as low-income housing tax credits (LIHTC), new markets tax credits (NMTC), other federal and state tax credits, CDBG-DR funds, investments, as well as interim and permanent financing for rental and for-sale housing projects.

Trinchet is a Chartered Financial Analyst (CFA) and possesses a Juris Doctor (JD) from the University of Puerto Rico Law School. He earned a Master’s in Business Administration (MBA) with a focus on Finance, Business Environment and Public Policy from the University of Rochester in New York.