Henry Flores Sr.

Enrique ("Henry") Flores is Vice President for Business Development for the Realtex Development Corporation headquartered in Austin TX. Realtex is a fully integrated advocate for the creation of affordable housing. Formed in early 1998 with the goal of producing superior rental communities, the firm has assembled a team of dedicated professionals devoted to the development, construction and asset management of the highest quality of affordable housing. Realtex concentrates its development efforts on family and senior housing for those living on moderate or fixed incomes. As VP for Business Development, Henry is responsible for identifying new business opportunities through the analysis of marketplace data combined with his existing knowledge of state and federal resources. Henry prioritizes business relationships, facilitates initial client contacts and maintains the development pipeline.

Henry was formerly the President of Madhouse Development Services, Inc. ("Madhouse"). Madhouse was founded in 1999 and is involved in all aspects of affordable and market-rate rental housing. The firm has experience in the development, construction, financing and management of more than 2,500 rental apartment units throughout the Southwest with particular focus in Texas and Colorado. Henry also previously served as the Vice President of Public Finance for RBC Dain Rauscher. His practice focused on facilitating the efforts of public agencies and not-for-profit corporations who were seeking to maximize operating revenue, create additional physical assets and provide affordable housing.

He is the former President of the Texas State Affordable Housing Corporation ("TSAHC"). During his tenure, Mr. Flores oversaw and coordinated the issuance of over $600 million in bonds that helped TSAHC ensure the availability of single-family mortgages for its targeted consumers and facilitated the development of over 11,000 units of affordable multi-family housing. He is the former President of the Texas State Affordable Housing Corporation ("TSAHC"). During his tenure, Mr. Flores oversaw and coordinated the issuance of over $600 million in bonds that helped TSAHC ensure the availability of single-family mortgages for its targeted consumers and facilitated the development of over 11,000 units of affordable multi-family housing.
Previously, Mr. Flores was a partner in Flores Elizondo Investments ("FEI"), a Texas-based limited liability corporation dedicated to developing apartment communities utilizing the syndication of Low Income Housing Tax Credits. In addition, FEI was active in providing housing related consulting services to the federal government, corporate clients and community-based non-profits including the U. S. Department of Housing and Urban Development, the Federal Deposit Insurance Corporation, Price Waterhouse Coopers, Allstate Insurance, the San Antonio Housing Authority and the Harlingen Community Development Corporation.

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