Raffaele Riva is co-owner and partner of Aurea Multi-Family Office, a top real estate investment trust that invests in multifamily properties in the United States. In 2015, Raffaele was elected as a director on the National Multifamily Housing Council (NMHC) board of directors. NMHC is a nonprofit organization that serves as a voice for the multifamily industry. The NMHC hosts conferences throughout the year, and is actively involved in legislative issues concerning housing law.
Raffaele Riva currently serves on NMHC’s Legislative Committee and Housing & Economic Development Committee where he has been very active in advocating for changes to federal housing regulations. Riva also serves on the board of directors for apartment owners association, Northbrook Apartment Owners Association (NAOA). NAOA was founded by Daniel Realty Group, Inc., an apartment owner’s association located in Illinois. Raffaele Riva has been an advocate for strengthening laws related to affordable housing and access to credit for apartment owners who are struggling financially due to low rental rates or vacancies at their properties.
Riva has served as an advisor to various members of Congress regarding financial services legislation related to housing finance reform and mortgage lending practices. He was appointed by Congress as a member of their Financial Services Roundtable Advisory Panel which is tasked with providing guidance on financial services policy issues important to the financial services industry.
In 2013, Raffaele Riva was elected as president of NAOA where he spearheaded efforts to pass legislation that would allow apartment owners to raise their rents in order to cover operating expenses and make up for low rental rates. He also worked with the Illinois General Assembly to provide assistance for apartment owners who are struggling financially due to low rental rates or vacancies at their properties.
Riva has served on various governmental boards and commissions in the past including the Illinois Housing Development Authority, where he was appointed by Governor Pat Quinn in 2011. In 2013, Riva was appointed as a member of the Metropolitan Planning Council, which is an organization that advises government officials on urban planning issues. He also served as a member of the Federal Reserve Bank of Chicago’s Bank Advisory Committee from 2010-2012. In addition, Riva served as a member of the National Multifamily Housing Council (NMHC) from 2013-2015 where he was elected as president in 2015. Related Reference: https://medium.com/@raffaeleriva
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