Innovative Development of Affordable Housing in Greater Boston

Join AREPA and Sullivan & Worcester for a focused luncheon on the future of affordable housing in Boston—exploring innovative development, practical strategies, partnerships, and solutions to move projects from vision to real impact. Network with real estate professionals, investors, and advisors who are committed to building a more accessible Boston.

This event is proudly sponsored by Sullivan & Worcester

Venue:

Sullivan & Worcester, 1 Post Office Square, 4th Floor, Boston, MA 02109

Time:

Thursday, December 11th, 2025, 11:45 am - 1:30 pm

Agenda:

11:45 am – 12:05 pm: Reception & Registration

12:05 pm – 12:10 pm: AREPA and Sullivan & Worcester Sponsor Opening Remarks

12:10 pm – 12:50 pm: Panel Discussion

12:50 pm – 12:55 pm: Q&A

12:55 pm – 1:30 pm: Networking

Moderator:

Karen J. Kepler, Partner of Sullivan & Worcester LLP

Panelists:

Angie Liou, Executive Director of Asian Community Development Corporation

Gilbert Winn, CEO of WinnCompanies

Alice Wong, Senior Loan Officer of Massachusetts Housing Partnership

Ticket:

AREPA Members: FREE

Non-Members: $50

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About Membership — AREPA

About Moderator:

Karen J. Kepler

Partner, Sullivan & Worcester

Karen has a general commercial real estate development and finance practice representing owners, developers and financial institutions in construction, term and bridge financing transactions for all commercial real estate asset classes. She also leads the firm's Affordable Housing and Community Economic Development Group and has significant experience representing owners, developers, financial institutions and quasi-public agencies in HUD and Fannie Mae-financed developments, federal and state low income housing tax credit, historic tax credit and tax-exempt bond financed projects, New Markets Tax Credit developments and "Comprehensive Permit" projects under Massachusetts General Laws Chapter 40B. Karen also has extensive experience structuring complex, multi-tiered and multi-phased projects using creative land use tools such as condominiums, air-rights and ground leases.
Karen is also co-chair of Sullivan's Women's Initiative and serves on the firm's Diversity, Equity & Inclusion Committee.

Awards & Honors

• Massachusetts Lawyers Weekly, "Go To" Lawyer, Commercial Real Estate (2021)
• Best Lawyers in America® (2018-2024, 2026)
• Recommended by The Legal 500 U.S. (2019, 2021-2025)
• Massachusetts Lawyers Weekly, Top Women of Law (2016)
• Massachusetts Super Lawyers (2004, 2014-2015)

About Panelists:

Angie Liou

Executive Director, Asian Community Development Corporation (ACDC)

Angie Liou is a seasoned community leader specializing in affordable housing and community development since 2004 and has served as the project lead on over $150 million worth of projects. Under her leadership, Asian Community Development Corporation (ACDC) has expanded its programs in housing support, resident and youth leadership, community planning, and placekeeping. Prior to becoming the Executive Director, Angie served as ACDC's Director of Real Estate, overseeing asset management for ACDC's portfolio of 300+ affordable homes and was responsible for developing a pipeline of new ACDC projects. She has worked in Seattle and Philadelphia as a consultant and project manager at nonprofits that provide safe and affordable housing. In addition to serving as a board member of several local and national housing and community development organizations, Angie serves on HUD’s Housing Counseling Federal Advisory Committee and on the City of Malden’s Affordable Housing Trust Fund. In 2024, Angie was selected by Massachusetts Governor Maura Healey to join the Housing Advisory Council to advise the Healey-Driscoll administration on strategies to address the state’s housing challenges. Angie earned her Master of City Planning from the University of Pennsylvania with a concentration in Community Development and her Bachelor of Arts in Sociology at the University of Pennsylvania. Angie lives with her spouse in Boston, MA.

Gilbert Winn

CEO, WinnCompanies

As chief executive officer of one of the leading apartment developers and managers in the United States, Gilbert Winn oversees an award-winning, human-centered organization, balancing the needs of the business with the needs of its employees, residents, partners, and the community and advance the most pressing housing goals of state and national housing policy.

Through Gilbert’s leadership and strategic direction, WinnCompanies continues to deliver high quality award-winning mixed-income and mixed-use multifamily apartment developments that support a strong quality of life for residents of all incomes and enhance the surrounding community.

WinnCompanies is focused on advancing apartment communities through high-impact initiatives, including housing stability strategies for at-risk tenants, the expansion of low- and middle-income housing, comprehensive resident services and environmentally sustainable development.

He became CEO of WinnCompanies in 2015, and, alongside his partner, WinnDevelopment Managing Partner Larry Curtis, has grown the company to 4,300 team members working in 27 states, the District of Columbia and Puerto Rico with responsibility for 760 properties and 116,000 apartments across all types and incomes.

Mr. Winn graduated magna cum laude from the University of Pennsylvania and, in October 2022, was inducted into the Affordable Housing Finance Hall of Fame.

Alice Wong

Senior Loan Officer, Massachussets Housing Partnership

Alice Wong re-joined Massachusetts Housing Partnership's Lending Team in 2016, and is responsible for the origination, underwriting and closing of multi-family affordable housing loans. In her earlier stint at MHP, she was Deputy Director of Lending as well as Senior Project Manager, Community Housing Initiatives. Alice has more than 30 years of experience in affordable housing and development in Massachusetts and New York. Prior to joining MHP, she worked for Urban Edge Housing Corporation, a Boston community development corporation, closing their first New Market deal combined with Low Income Housing tax credits and public and private debt, as well as helping oversee a portfolio of over 1,300 units. For the Department of Housing and Community Development, she was the project manager of the roll-out of HomeBASE, a program to serve formerly homeless and at-risk families. In New York, Alice was at The Community Preservation Corporation and Banana Kelly Community Improvement Association, a CDC based in the South Bronx. Alice earned a BA in Sociology at Yale and a Master’s in Public Policy at the Harvard Kennedy School.

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