By Tina Traster
Rockabill Consulting and Development has promoted Sean McNamara to vice president.
The Hoboken-based firm, which provides financial advisory services and joint venture partnerships to the affordable, supportive and shelter housing community, said McNamara has spent five years on its team, playing a critical role in ensuring the success of preservation projects at all different stages. That has included “Year 15” preservations for both Low-Income Housing Tax Credit and non-LIHTC portfolios, the preservation of existing portfolios with the participation of public and private funding and supportive housing preservation.
“In a business where no two deals are alike, Sean takes pride in getting to know each client’s values and goals, while working closely with them to deliver the best possible outcome,” said Tim Collins, a principal at Rockabill. “Sean genuinely cares about the communities we serve and the experience he brings to the table on all aspects of deal structuring make him an invaluable member of our team.”
McNamara, previously an assistant vice president, holds a bachelor’s in finance from the University of Scranton in Pennsylvania. He is an avid baseball fan and a former member of the Irish National Baseball Team.
Meantime, Rebekah Taft has joined Rockabill as an assistant vice president. Taft will work on a variety of transactions, ranging from the rehabilitation of shelters to the construction of supportive housing.
Prior to joining Rockabill, Taft was a senior project manager at Neighborhood Restore HDFC, a New York-based nonprofit focused on transitioning properties from financial and physical abandonment to responsible third-party ownership. She also worked in institutional advancement at Jubilee Housing, a Washington, D.C.-based affordable housing developer and social service provider.
Taft holds a master’s degree in city design from The London School of Economics and graduated from Covenant College.
In November 2021, Rockabill broke ground on a 94-unit affordable housing development for seniors in Bushwick, Brooklyn. Working in partnership with Southside United HDFC, the project — Rheingold Senior Residences — aims to set a new standard for deeply affordable housing for aging New Yorkers while achieving passive house standards to help mitigate the health impacts of a warming climate.
Also last year, Rockabill opened Vincent’s Village, a $42 million affordable and supportive housing development in the hamlet of Nanuet in Rockland County. Supported with financing from New York State Homes and Community Renewal, the development has 93 affordable homes with on-site health and wellness services for adults 55 and older.