About Dra

Selected Clients

DRA has served hundreds of clients and organizations on five continents. Below is a representative sample of our clientele.


  • World Bank
  • International Finance Corporation
  • KfW
  • European Mortgage Federation
  • European Covered Bond Council
  • International Real Estate Federation (FIABCI)
  • Lord Mayor's Charitable Foundation of Melbourne
  • Australian Housing & Urban Research Institute
  • Future Cities Collaborative (Sydney, Australia)
  • University of Sydney
  • University of Melbourne
  • Curtin University, Melbourne
  • Journal of the International Union for Housing Finance

United States Public Sector

Federal Government

  • Federal Housing Administration
  • Federal Housing Finance Agency
  • Ginnie Mae
  • U.S. Department of Housing and Urban Development (HUD)


  • Colorado Housing Finance Agency
  • Illinois Housing Development Authority
  • Indiana Department of Commerce
  • Michigan State Housing Development Authority
  • Ohio Housing Finance Agency
  • Rhode Island Housing Mortgage Finance Corporation
  • Washington State Housing Finance Commission
  • Delaware Housing Finance Agency
  • Pennsylvania Housing Finance Agency
  • Texas Housing Finance Agency


  • Cambridge, Massachusetts
  • Chapel Hill, North Carolina
  • Chicago Housing Authority
  • Denver, Colorado
  • Fresno, California
  • Long Beach Redevelopment Agency, California
  • Los Angeles, California
    • City of L.A. Housing Authority
    • City of L.A. Housing & Community Investment Department
    • City of L.A. Community Redevelopment Agency
    • County of L.A. Community Development Commission
    • Housing Authority of the County of L.A.
  • Oakland, California
  • Pasadena, California
  • Portland, Oregon
  • Richmond, Virginia
  • Sacramento, California
  • San Diego, California
  • San Francisco, California
  • San Jose Housing Department, California
  • Santa Monica , California
  • Seattle, Washington

Private Sector

  • Federal Home Loan Bank of Atlanta
  • Federal Home Loan Bank of San Francisco
  • Federal Reserve Bank of San Francisco
  • Freddie Mac
  • Federal Reserve Bank of Indianapolis
  • Pacific Mutual Insurance
  • State Farm Insurance
  • Houweling's Nurseries
  • Southern California Gas Company
  • Boston Financial Investment Management
  • Bay Area Economic Forum
  • California Commercial Investment Group
  • California Redevelopment Association
  • John Stewart Company
  • Vitus Development
  • Waypoint Homes

Foundations (through client grant support)

  • California Endowment
  • Ford Foundation
  • Fred Meyer Charitable Trust
  • Lincoln Institute of Land Policy
  • MacArthur Foundation
  • New World Foundation
  • New York City Community Trust
  • Rockefeller Foundation
  • San Francisco Foundation
  • Lord Mayor's Charitable Foundation of Melbourne