Fred Yeakey is the founder of 2 Thirty Eight Properties, an Indianapolis affordable housing development firm he has led full-time since 2023. He came up the way many in this room are coming up now: as an emerging developer, learning the capital stack one deal at a time. An alum of LISC's EDGI program, Fred served as lead developer on the Marvetta & Anthony Grimes Family Center, a $17 million, 36-unit supportive housing development in Indianapolis that brought together LIHTC equity, philanthropic partners, and on-site health and childcare services.

His current pipeline includes The Brownstones at Berkley, a 101-unit affordable housing development in Kokomo, along with partnerships across Indiana, Ohio, Kentucky, and Tennessee. Much of that work is with churches, helping faith communities put their land to work housing families.

Fred believes that building wealth and building people go together. He founded the 2 Thirty Eight Foundation, which convenes the Faith & Community Development Leadership Cohort for pastors exploring mission-driven development, and The Barbershop Male Mentoring Initiative, which has provided mentorship and workforce consulting since 2009. He serves on the boards of the YMCA of Central Indiana and the Corporate Work Study Program at Providence Cristo Rey High School, and is an IBJ 40 Under 40 honoree.

A proud HBCU graduate of Kentucky State University, Fred also holds a Master of Arts in Teaching from Marian University.