ST. LOUIS — Love Funding has hired Eric Forguson as senior director of originations. Forguson will join the Love Funding team in St. Louis.
Forguson brings more than 25 years of banking experience in historic tax credit and low income housing tax credit (LIHTC) transactions. He previously worked at Love Funding’s parent company, Midland States Bank, as associate director of commercial banking. There, he was part of the Midland States Bank – Love Funding bridge loan program and assisted with several tax credit equity bridge loan executions.
Before joining Midland States Bank, Forguson served as a vice president at Associated Bank and as a commercial relationship manager at US Bank.
Forguson holds a bachelor’s degree in finance from Southern Illinois University. He serves as the vice chairman of the board of directors for the St. Louis Equity Fund, which is a St. Louis-based LIHTC syndicator. He is actively involved in industry seminars and conferences related to FHA financing solutions.
Based in Washington, D.C., Love Funding is a HUD lender offering acquisition, refinance, construction, rehabilitation and bridge financing programs for market-rate multifamily and affordable housing, healthcare facilities and hospitals.