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NNRHA Board of Commissioners meeting package — April 2026

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Standard Team – Key Principals Scott J. Alter Co-Founder of Standard Communities Scott J. Alter is the Co-Founder and Principal of Standard Communities where he manages all aspects of investments, asset management, construction, financial structuring, and corporate strategy. Since co- founding Standard in 2008, Mr. Alter has led the company to become one of the largest owners of affordable housing in the country with more than $6B in AUM and 30,000 units across 22 states and Washington, D.C. Under his leadership, Standard achieved the distinction of being the first affordable housing company to attain the B Corp Certification. Throughout his career, Mr. Alter has played an integral role in the acquisition, management, disposition, and financing of real estate transactions. Well-known in the philanthropic community, Mr. Alter is a current Board Member and Co-Founder of Housing on Merit, a California-based non- profit focused on creating a bridge to permanent affordable housing for vulnerable populations. Additionally, he is an active board member of multiple locally focused community organizations in New York City. Mr. Alter also sits on the UCLA Master of Real Estate Development (MRED) Board, contributing his industry expertise to support the next generation of real estate leaders. Mr. Alter earned a Bachelor of Science in Industrial and Labor Relations from Cornell University with a concentration in Labor Economics and Finance. He serves on the Dean’s ILR Advisory Council at Cornell University, which supports the school’s mission by advising on strategic issues, advocating for the ILR School, fostering connections to the world of work, and encouraging philanthropic support. Jeffrey E. Jaeger Co-Founder of Standard Communities Jeffrey E. Jaeger is Co-Founder and Principal of Standard Communities. Mr. Jaeger is responsible for all facets of investments, asset management, construction, financial structuring, and the strategic direction of Standard Communities. Since co-founding Standard in 2008, Mr. Jaeger has led the company to become one of the largest owners of affordable housing in the country with more than $6B in AUM and more than 28,000 units across 22 states and Washington, D.C. Over the course of his career, Mr. Jaeger has played an essential role in the acquisition, management, disposition, and financing of real estate transactions. Active in the Los Angeles philanthropic community, Mr. Jaeger is a current Board Member and Co-Founder of Housing on Merit, a California-based non-profit focused on creating a bridge to permanent affordable housing for vulnerable populations. Mr. Jaeger is also a current Board Member of Inner-City Arts, one of the nation’s most effective arts-education providers located in the heart of Skid Row, Los Angeles. He earned a Bachelor of Arts degree from the University of California, Berkeley. Mr. Jaeger serves on the UCLA Master of Real Estate Development (MRED) Board, contributing his industry expertise to support the next generation of real estate leaders.
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