Alfonso Costa Jr.

Chief Operating Officer at Falcone Group

Speaker

Alfonso Costa Jr. serves as Chief Operating Officer (COO) of the Falcone Group, where he is responsible for overseeing the development of multifamily rental apartment communities & for-sale condominium projects, leading public-private partnership (P3) opportunities, and executing operational & strategic initiatives for the company. Mr. Costa's current portfolio oversight at the Falcone Group includes mixed-use development projects comprised of more than 2,000 residential units and 200,000 square feet of retail & self-storage, with a total value exceeding $1 billion. Such high-profile projects include the luxury “Block C-East” condo-hotel project at Miami WorldCenter, and the “Horizon of Oakland Park” mixed-use public-private-partnership with the City of Oakland Park. In recognition of his career thus far, Mr. Costa was recently named the 2024 Urban Land Institute (ULI) Young Leader of the Year.

Mr. Costa is also an affordable housing advocate who previously served in the Federal Government as Deputy Chief of Staff & Opportunity Zones lead for the U.S. Department of Housing and Urban Development (HUD). In this public service role, Mr. Costa was responsible for overseeing policy for the $70 billion annually-budgeted Cabinet agency, which maintains a wide range of housing & community development programs and 8,000 employees. As an expert of the bi-partisan Opportunity Zones program, Mr. Costa held the title of Chairman’s delegate and HUD’s lead representative on the Federal Government's inter-agency Opportunity and Revitalization Council, and for his efforts he was recognized in the Opportunity Zone Magazine’s “Top 25 OZ Influencers” list for 2020 and 2021.

A former 5th-grade teacher as a Teach for America (TFA) corps member, Mr. Costa is now an active social advocate through philanthropic & academic volunteer efforts on both the national and local levels. Nationally, he serves as a Member of the Harvard Alumni Real Estate Board, Housing Advisory Council Member of the Bipartisan Policy Center, Board Member of the Home Builders Institute, and Full Member of the Urban Land Institute (ULI). In his home State of Florida, Mr. Costa is the Chair of ULI Florida’s Affordable & Workforce Housing Council (AWHC) and Chair of ULI Southeast Florida/Carribean District's Housing Affordability Committee, Board Member of the Nova Southeastern University Master’s in Real Estate Development (MSRED) Program, and recent Member of the City of West Palm Beach Affordable Housing Advisory Committee (AHAC).

Mr. Costa earned his law degree (JD) from Harvard University, master's degree (MSc) from the University of Oxford (United Kingdom), and bachelor's degree (BA) from Yale University. At Yale, he played both Division-I basketball and Division-I lacrosse while serving as Chair of the Yale Athletic Department’s Thomas W. Ford Community Outreach Committee.

Headquartered in South Florida, the Falcone Group is a national real estate development & investment firm that has developed and acquired more than 30,000 multifamily apartments, 15 million square feet of commercial space, and 30,000 single-family homes throughout the country.