Archie Willis III
Founder and President of ComCap Partners
Archie Willis III is the founder and President of ComCap Partners and leads the firm’s affordable housing and community development financial advisory and real estate development activities. Since the company’s formation in 1999, the firm has served as financial advisor to numerous nonprofit sponsors and private developers in the financing of more than 3,100 units of affordable housing and other community development projects. Mr. Willis also leads the firm’s development activities which include co-developing over 1,100 units of mixed-income multifamily housing on three HOPE VI sites. Most recently, Mr. Willis led the renovation of Renaissance at Steele, a 146 unit multifamily complex in the Frayser community, completed in early 2021. He is also currently working with a national real estate company in the development of 712 units of mixed-income housing as part of the South City Choice Neighborhoods Initiative. Mr. Willis led the firm's work as development partner in the redevelopment of the Central Station in downtown Memphis. Since the completion of that project in 2019, Archie has expanded the firm’s portfolio to include more comprehensive community development projects and is currently spearheading revitalization efforts in neighborhoods in south and north Memphis. He is currently leading the firm's efforts in redeveloping two vacant school buildings into community assets. Previously, Mr. Willis was a First Vice President in the Public Finance Department of a regional investment banking firm. Prior to joining the investment banking firm, Mr. Willis spent 10 years working in the area of real estate development and mortgage banking. Mr. Willis served on the Board of Commissioners for the legacy Memphis City Schools from 1997-1998; and served on the Pension Board of Memphis Light, Gas and Water Division for 11 years. Mr. Willis has been active on the boards of numerous civic and community organizations including Neighborhood Preservation Inc., Community LIFT, the Shelby County Health Educational and Housing Facility Board, BRIDGES, Girls Inc., the NAACP, United Housing, United Way, and Centenary United Methodist Church.