Ronne Thielen Executive Vice President


Ronne Lynn Thielen, Executive Vice President, Director of Public Policy and Advocacy for R4 Capital in the Newport Beach, CA office, has spent her 45-year real estate finance and investment career as an affordable housing advocate and has been a LIHTC industry leader since inception of the program in 1986. Ronne oversees R4’s objectives in the expansion of and advocacy for affordable housing nationwide.

When joining R4 Capital in 2012, Ronne was responsible for establishing R4’s west coast operations and acquiring housing tax-credit and bond-financed properties throughout the US with total development costs exceeding $1.55 billion. For 17 years, she was a Managing Director in the Affordable Housing Group at Centerline Capital Group, where she managed its California office and grew its LIHTC portfolio into the largest segment of the company’s tax-credit portfolio. Prior to that, Ronne was executive director of the California Tax Credit Allocation Committee, deputy director for program and policy development at the National Council of State Housing Agencies and, served at the Vermont Housing Finance Agency in the multifamily finance and asset management arenas.

Ronne is an active member of several national and state associations including: President Emeritus on the board of the Affordable Housing Tax Credit Coalition; past chairman and current board member of the National Housing & Rehabilitation Association; member of the Editorial Advisory Boards of the Tax Credit Advisor and Affordable Housing Finance magazines; member of the California Housing Consortium Board of Governors; and, board member of Abode Communities, a nonprofit LIHTC developer in Los Angeles. She was inducted into the Affordable Housing Finance Hall of Fame in 2014. Ms. Thielen earned a Bachelor of Arts degree from Cornell University.