Ivy Dench-Carter

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Regional Vice President

With over 20 years of management and real estate development experience, Ivy Dench-Carter heads Pennrose Properties’ Baltimore Regional office, where she oversees all phases of development projects, from sourcing deals to securing financing to overseeing the successful transition to operations and management. Her extensive experience ranges from stand-alone affordable housing development deals to complex mixed-income, mixed finance and multi-phase redevelopment projects. 

Ms. Dench-Carter started her career with Pennrose at Pennrose Management Company in 1990 as a Site Manager for two developments before earning a promotion to Regional Property Manager, which gave her oversight of 21 affordable housing developments. In 1995, Ms. Dench-Carter joined Pennrose Properties, beginning her career in the arena of affordable housing development. She brings with her extensive knowledge of HOPE VI development, mixed-income and mixed-finance projects, and has extensive knowledge in the arena of affordable housing preservation. Currently, Ms. Dench-Carter has oversight for projects in Maryland, Virginia, North Carolina and the District of Columbia.

Ms. Dench-Carter attended Spelman College in Atlanta, GA. Her civic involvement encompasses working with non-profit organizations, community organizations and religious affiliations. In addition, Ms. Dench-Carter serves on the Board of Directors for the Maryland Affordable Housing Commission and the Anne Arundel County Affordable Housing Coalition.