Walter Moreau is the Executive Director of Foundation Communities, which works in Texas to create affordable housing where families succeed. His vision has been to create deeply affordable housing that is beautiful, well managed, and uplifting. Austin communities include Trails at the Park, M Station, Capital Studios, Homestead, Bluebonnet Studios and more. During his 30 year career he has secured subsidy financing of more than $500 million to create more than 5,000 units of service-enriched, nonprofit-owned affordable housing.
FC operates 14 onsite learning centers and 7 supportive housing communities for the homeless. The Children’s Home Initiative program provides intensive services to end homelessness for 150 families with children each year. FC offers an array of onsite health programs to its 7,000 residents. Walter led FC to develop the Prosper Financial Centers, which serve over 40,000 families each year. The organization is a leader in green building, and is the largest private producer of solar power in Central Texas.
Moreau received the Urban Land Institute/Austin Visionary Award (2021), the JAJ Fannie Mae Fellowship in 2007, and the Texas Houser Award in 2004. He holds a Masters Degree in Public Affairs from the University of Texas LBJ School of Public Affairs (1994).