Richard Roberts is Managing Director of Acquisitions for Red Stone Equity Partners, LLC assisting in the origination and management of developer relationships in the Northeast and the development of new business strategies for the firm. Richard has an extensive career in affordable housing and urban market investments having worked in these areas for over 18 years. Prior to joining Red Stone, he worked in the government, for profit and nonprofit sectors including serving as the Commissioner of the New York City Department of Housing Preservation and Development, one of the largest allocators of Low Income Housing Tax Credits in the country, where he was responsible for the investment of more than $1 billion into New York City’s neighborhoods and the creation of over 30,000 units of affordable housing.He is also the founding Managing Director of the Goldman Sachs Urban Investment Group where he devised and led a creative strategy responsible for the establishment of the firm’s community development investment platform.
Richard is active on a number of civic, philanthropic and industry organizations and serves on the boards of Citizen’s Housing and Planning Council (Chair), the New York State Association for Affordable Housing (executive committee), and Habitat for Humanity-New York City.
Richard holds both a BA and JD from Yale University.