Anthony served as the Executive Director of The New Jersey Housing and Mortgage Finance Agency (NJHMFA) from September 1, 2010 to December 31, 2017. The NJHMFA is an independent state authority that provides financing to developers of affordable and workforce housing. Under his tenure, the 330 employee organization grew its balance sheet to over $4B in assets and achieved a 'AA' rating from both Standard & Poor's and Moody’s rating agencies.

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Marchetta has a demonstrated history of accomplishment in state government, real estate development and affordable housing. He is a licensed professional planner, and received Master of City and Regional Planning (MCRP) and Master of Business Administration (MBA) degrees from Rutgers, The State University of New Jersey.

 

Public Service

During his tenure at NJHMFA, Marchetta instituted significant new programs, including the Multifamily Conduit Bond Program, Mortgage Backed Securities Program and the Supportive Housing Connection Program. He led the Agency to establish new meaningful policies in areas such as development cost containment and delinquent asset management procedures. Under Marchetta's guidance the Agency was recognized by the US Department of Housing and Urban Development (HUD) for its smart growth and opportunity incentives in the federal Low Income Housing Tax Credits Qualified Allocation Plan, which resulted in improved locations for new tax credit projects. In addition, since 2012 he has led NJHMFA's response to Super-storm Sandy, which has deployed nearly $750 million through several programs designed to stabilize Sandy-impacted towns and created over 7000 new housing opportunities for those impacted by the storm. These combined efforts have generated over 38,000 units representing over $7 Billion in financing since 2010.

 

Private Sector

Prior to assuming the role of Executive Director at the NJHMFA, Marchetta was Vice President of LCOR Inc. between 2000 and 2010 where he sought development opportunities throughout the mid-Atlantic region. There he led development teams of consultants including attorneys, engineers, architects, planners and leasing agents from entitlements to lease up for major residential and commercial projects, including, Gaslight Commons a 200 unit luxury apartment complex adjacent to the South Orange Train Station, which won the first New Jersey Future Smart Growth Award in 2003, and Heathergate, a 202 unit age-restricted apartment complex in Langhorne PA. Marchetta's largest and most complicated project was getting LCOR the designation by New Jersey Transit as the Master Re-developer of the Hoboken Terminal and Yard project. A major Transit Oriented Development that is adjacent to five modes of public transit including Train, Light Rail, Bus, Ferry and PATH Subway in Hoboken, NJ. The project, currently underway, has the potential for millions of square feet of mixed use development consistent with Sustainable and Smart Growth Principles.