Breaking Ground Archives

In this issue of Tax Credit Advisor, we continue our discussions with the next generation of thought leaders in the affordable housing business.

Dara Kovel is the chief executive officer at Beacon Communities LLC, a Boston-based, multifamily housing development, investment and management company whose footprint includes much of New England, New York and the eastern seaboard.

Tony Bertoldi has devoted nearly three decades to the affordable housing business and currently serves as co-president at CREA, LLC, a national Low Income Housing Tax Credit syndicator, where he and his team manage all investment funds and investor relationships.

When it was founded in 2004, Greenline Ventures was one of the earliest adopters, and today remains one of the most frequent users, of New Markets Tax Credits to invest in small businesses in underserved communities throughout the country.

Sharon Wilson Géno, President, National Multifamily Housing Council

Rodger Brown has spent four decades in the affordable housing business and has been an integral part of Boston-based nonprofit developer and property manager Preservation of Affordable Housing, Inc. (POAH) since 2004.

For 35 years, Denise B. Muha has served as the executive director of the National Leased Housing Association (NLHA), one of the oldest affordable housing advocacy organizations in Washington, DC.

Since February 2022, Adhi Nagraj has served as the chief development officer at St. Louis-based McCormack Baron Salazar—one of the nation’s leading for-profit developers, property managers and asset managers—overseeing all project management activities nationwide.

Bank of America Community Development Banking (CDB) provided $7.85 billion in loans, tax credit equity investments and other real estate development solutions in 2022, surpassing the previous record of $6.7 billion generated in 2021.

Ralph M. Perrey has served as the executive director of the Tennessee Housing Development Agency (THDA) since November 2012.

Capital One ranks among the most active investors of Low Income Housing Tax Credits.

Uprooting and relocating residents can be challenging and stressful if you don’t have the right people in charge to coordinate everything.