Dalila Sotelo is the Principal and founder of The Sotelo Group, Inc., a firm specializing in providing real estate, finance, community outreach and development services to government, non-profit and for-profit entities. The Sotelo Group is a full service development consulting firm that works to ensure successful completion of innovative and creative public works, housing and economic development ventures.
Throughout her career, Ms. Sotelo has been actively involved in affordable housing development and finance. She is an effective advocate of housing for low income populations and has spent 25 years in housing and economic development and finance. Prior to forming The Sotelo Group in 2011, Ms. Sotelo was the Deputy Chief Executive Officer for the Los Angeles Community Redevelopment Agency, where she facilitated the financing of affordable housing within the agency’s sprawling 32 project areas within a record-breaking four year period. The investment into housing during her term totaled $240 million in local public subsidy.
From 1995 to 2007, she ascended the ranks to become the youngest female Senior Vice President of the McCormack Baron Salazar, where she coordinated development teams, secured private and public financing, and spearheaded production of seven phases of mixed-income housing developments under the HOPE IV program. Ms. Sotelo has tackled complicated financial transactions to secure over $500 million of financing for nearly 2,700 units of affordable housing throughout California.
Ms. Sotelo received a B.A. degree in Public Policy from the Occidental College where she learned the importance of civic engagement. She currently serves as a Governor Appointee on the California Housing Finance Agency Board of Directors and as Supervisorial appointee for the Rosemead Successor Agency.
She is proud to have served on public commission for three consecutive Mayoral administrations including serving as the President of the LA Fire Department Commission in the previous administration and the President of the Affordable Housing Commission under the current leadership of Mayor Eric Garcetti.
Ms. Sotelo was a member of the Board of Governors for Occidental College during a four year term. And was a founding member and elected President of a locally based neighborhood council.
She was also recognized by the CA State Assembly as the Business Woman of the Year and currently represents the City of LA on the Metropolitan Transit Authority Citizen Advisory Council.