Caroline Diamond

Caroline Diamond

Master of Urban Planning, 2013

Senior Development Analyst for Herman & Kittle Properties, Inc.

As a senior development analyst, Caroline is responsible for the completion and submittal of Rental Housing Tax Credit Applications in Indiana, Colorado, Ohio, Kentucky, and Michigan. She also assists the development team in the completion of other federal and state funding applications. Some of her other responsibilities include site identification for multi-family housing development, site due diligence, and financial underwriting.

Caroline is a 2013 graduate of Ball State University Estopinal College of Architecture and Planning with a master of urban and regional planning and a real estate development certificate. She also holds a bachelor of science in public affairs from Indiana University (2007). Prior to her position at Herman & Kittle Properties, Caroline worked at the Blackford County Economic Development Corporation as an intern and as a graduate assistant in the Teachers College at Ball State. Her position in the Teachers College led to the development of her thesis, which focused on the impact of neighborhood schools on education, community development, and the housing market.

Since joining Herman & Kittle, Caroline has assisted with development projects in seven states, which have resulted in successful low income housing tax credit allocations in Michigan, Louisiana, Wisconsin, and Ohio. These five projects will provide safe, affordable housing for more than 340 families.

Currently, Caroline is working on identifying sites for new development in Indiana, Michigan, and Kentucky for the upcoming tax credit rounds. This due diligence includes analyzing markets, zoning ordinances, and the qualified allocation plan from each state, as well as financial underwriting and feasibility analysis.

In her spare time, Caroline enjoys running, yoga, and making frequent trips to Bloomington.