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Deborah Wilson

Independent Manager at Greystone Housing Impact Investors
Board

About Deborah A. Wilson

Deborah A. Wilson (age 69) serves as an independent Manager on the Board of Managers of Greystone AF Manager LLC, which acts as the directors of Greystone Housing Impact Investors LP (GHI). She has been a Manager since 2020 and is designated an “audit committee financial expert” under SEC rules, reflecting deep finance and risk oversight credentials . Wilson is currently Principal at Ramshead Advisors LLC; prior roles include EVP/CFO/Treasurer at Walker & Dunlop, Vice President of Counterparty Risk at Fannie Mae, and Partner at KPMG LLP .

Past Roles

OrganizationRoleTenureCommittees/Impact
Walker & Dunlop, Inc.Executive Vice President, Chief Financial Officer & TreasurerLed finance, treasury; public company CFO experience
Fannie MaeVice President, Counterparty RiskCounterparty risk oversight; capital markets exposure
KPMG LLPPartnerAudit/assurance background; accounting expertise

External Roles

OrganizationRoleTenureNotes
Ramshead Advisors LLCPrincipalCurrentAdvises on M&A, pricing, due diligence and operations for commercial mortgage banking firms

Board Governance

AttributeDetails
Board seat start2020
IndependenceIndependent under SEC and NYSE standards
Committee assignmentsAudit Committee member
Audit financial expertYes (SEC Item 407(d)(5)(ii))
Board meeting attendance (2024)4 meetings; 100% attendance
Audit Committee attendance (2024)4 meetings; 100% attendance
Chair rolesNot disclosed
Lead Independent DirectorNot disclosed
Board composition (context)Board has seven members; four independent; limited partnership not required to have comp/nom-gov committees; must have independent Audit Committee
Current board roster confirmationWilson listed among Managers in 2025 filings

Fixed Compensation

ComponentAmountNotes
Annual retainer (cash)$37,5002024 compensation table
Committee membership feeNot disclosedPartnership does not maintain separate comp committee; governance decisions by full Board
Committee chair feeNot disclosed
Meeting feesNot disclosed

Performance Compensation

ItemDetails
Equity typeRestricted Unit Awards (RUAs)
Grant dateFebruary 26, 2024
Grant-date fair value (Wilson)$37,345
Units granted (Wilson)Not disclosed (Managers collectively received 18,270 RUAs at $16.62 per unit)
Vesting scheduleNot disclosed for Managers; Plan permits time-based or performance-based vesting
Distribution equivalentsPlan allows UDRs on Restricted Units; typically paid in cash for time-based awards unless otherwise specified
Clawback policyDodd-Frank compliant compensation recovery adopted Nov 7, 2023; Plan subjects all Awards to clawback policy
Change-of-control treatmentPlan defines Change of Control and allows Committee to accelerate, cash-out, assume, or adjust awards; repricing prohibited without Unitholder approval
Performance metrics tied to director equityNot disclosed (Plan permits performance-based awards; Manager awards terms not specified)

Notes:

  • Equity Incentive Plan extended to June 24, 2027 via consent solicitation; no increase to share reserve; overhang ~1.7% as of April 30, 2025 .

Other Directorships & Interlocks

CompanyRoleCommittee rolesPotential conflicts
None disclosed
  • Board listing in 8-Ks and 10-K confirms current GHI directorship; no other public company boards disclosed for Wilson .

Expertise & Qualifications

  • Financial leadership: Former public company CFO/Treasurer (Walker & Dunlop) .
  • Risk management: Counterparty risk at Fannie Mae .
  • Accounting/audit: Partner at KPMG; SEC-designated audit committee financial expert .
  • Industry depth: Commercial mortgage banking advisory at Ramshead Advisors .

Equity Ownership

As-of DateTotal Beneficial Ownership (BUCs)% of ClassRestricted Units included (with voting rights)Source
Apr 28, 202514,325<1%3,795
Jan 31, 202510,530<1%2,912
  • Hedging policy: Prohibits hedging/monetization transactions in Partnership securities .
  • Pledging: No pledging disclosures specific to Wilson found .
  • Ownership guidelines: Not disclosed.

Governance Assessment

  • Strengths: Independent director with audit financial expert designation; perfect attendance; active Audit Committee oversight; clawback policy and anti-repricing provisions support investor alignment; equity mix (cash + RUAs) aligns with unitholder value .
  • Compensation structure: Modest cash retainer and annual RUAs; Plan extended without increasing share reserve; overhang ~1.7%—disciplined equity usage .
  • Conflicts oversight: Audit Committee reviews related-party transactions; 2024 disclosures indicate no material related-party transactions involving Managers or their immediate families .
  • Structural considerations: As a limited partnership managed by Greystone Manager (affiliate-controlled), inherent conflict risks exist; however, independent Audit Committee and policies mitigate some concerns .
  • RED FLAGS: None specific to Wilson identified in filings; monitor ongoing related-party dynamics and any future equity plan changes or award modifications .