Raquel Favela

Senior Director

National Development Council


Raquel Favela is a recognized expert in economic development and housing with 25 years of experience. As Senior Director at the nation’s oldest non-profit technical advisory services firm, National Development Council (NDC), she leads the central regional team in helping public sector clients understand their markets and develop customized strategic plans and policy solutions that build eco-systems critical to equitable job creation and diverse housing options. Raquel’s unique brand combines practical experience with her long-range planning and policy acumen to bring balanced problem solving to communities. A thought leader and authority, she has walked in the shoes of most of the major participants in real estate development: owner, investor, developer, consultant, governmental entity, lender and landlord. Known for delivering results, while at the City of San Antonio, Raquel is credited with producing San Antonio’s first Strategic Community Development Plan in 2007. Ten years later while serving as the City of Dallas’ Chief of Economic Development and Neighborhood Services, Raquel was lauded for delivering the city’s first Comprehensive Housing Policy that addressed longstanding fair housing issues and disparate impact. In her role with NDC, Raquel has been the trusted advisor to clients across the country to include East Chicago, Indiana, Rockford, Illinois, Los Angeles County, Commonwealth of Puerto Rico, the State of Illinois and in Texas, San Antonio, Irving, and Temple. Raquel has guided clients on financing structures for challenging redevelopment projects, a role that garnered her extensive transactional experience with federal, state and local tools available to maximize public benefits.

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