James J. Perrine, President

James Perrine is an experienced developer with a life-long dedication to high-quality affordable housing. 

For over thirty years, Jim has developed hundreds of market rate, mixed income, and affordable housing properties with combined total development costs exceeding $300 million. He uses a collaborative and innovative approach to make every project meet the needs and requirements of community groups, residents, and local governments.

Many of these developments would not have been possible without Jim’s unique understanding of complex affordable housing transactions that involve multiple government subsidies. He brings an in-depth analysis of potential funding sources and the ability to creatively use the restrictions and requirements of each to meet funding needs.

Prior to founding Commonwealth Community Developers, Jim was Senior Consultant of the Roche O'Donnell Group, a consulting firm that specializes in the development of multifamily and mixed-use properties using low-income housing tax credits and federal/state historic tax credits. 

Before joining Roche, Jim was Senior Project Manager at The Community Builders where he led multi-disciplinary teams in complex housing development and preservation projects. As Director of Investment Marketing at Chestnut Hill Realty, Jim was responsible for overseeing the firm’s brokerage activities and condominium marketing.

In 1983, Jim founded The Waverly Corporation, a real estate development, marketing and management company. Under his leadership, the company sponsored and operated nine limited partnerships and joint ventures. He established and directed a property management affiliate (Waverly Management) and an investment and residential brokerage affiliate (Century 21 Waverly Properties). 

Jim earned his M.S. in Real Estate Development from the Massachusetts Institute of Technology and a B.A. cum laude from Harvard University in Government.