Archie Willis III

Archie Willis III is the founder and President of ComCap Partners and leads the firm’s affordable housing, community development and real estate development activities. ComCap Partners is a small boutique real estate development firm that specializes in affordable housing and community development. Since the company’s formation, the firm has provided services to numerous nonprofit sponsors and private developers in financing and developing more than 4,200 units of affordable housing. The firm’s real estate development activities include co-developing over 1,100 units of mixed-income multifamily housing on various HOPE VI sites. The firm also partnered with a local development company in the redevelopment of Central Station in downtown Memphis and provided services to a local development firm in developing market rate housing in the Memphis Medical District, in collaboration with the University of Tennessee Health Science Center.

Currently, Mr. Willis leads the firm’s development activities, in partnership with a national real estate development company, in the South City Choice Neighborhoods Initiative, a 712 unit mixed-income apartment community. Mr. Willis also leads the firm’s community development efforts in the Frayser Community in partnership with The Works, Inc. where the firm is co-developing a 79-unit affordable senior housing development. The firm’s community development activities include the adaptive reuse of Northside High School in north Memphis to a mixed-use community hub and the Porter Jr. Hi Redevelopment in south Memphis.

Prior to forming ComCap, Mr. Willis was an investment banker with a regional investment firm and spent 10 years working in the areas of real estate development and mortgage banking. Currently, Mr. Willis is the President of the Board of Urban Renaissance Partners, Founder and Board Chair of the South City Museum and Cultural Center and a member of the Board of the Urban Child Institute. Mr. Willis is also a member of the Advisory Boards of BlueHub Capital (Boston, MA) and MBS Urban Initiatives CDE (St. Louis, MO).

Mr. Willis served as Chair of the Board of Directors of Tri-State Bank of Memphis, a minority-owned community bank until its acquisition by Liberty Bank (New Orleans, LA). Mr. Willis served on the Board of Commissioners for the legacy Memphis City Schools; and also served on the Pension Board of Memphis Light, Gas and Water Division. Mr. Willis has been active on the boards of numerous civic and community organizations including the Community Foundation of Greater Memphis, the Urban Land Institute, Community LIFT, Neighborhood Preservation, Inc., the Shelby County Health Educational and Housing Facility Board, BRIDGES, Girls Inc., the NAACP, United Housing, United Way and Centenary United Methodist Church.