Partner, Chief Policy and Corporate Affairs Officer & Executive Vice President Dominium
Paula Prahl is a Partner, Chief Policy and Corporate Affairs Officer & Executive Vice President for Dominium. Prahl will develop a program to ensure effective and consistent interactions with governments and other key external stakeholders. The establishment of this role is critical to Dominium’s growth plan of owning 40,000 units by 2025.
Prahl most recently served as managing director of communications and public affairs at Varde Partners, a hedge, real estate and private equity fund based in Minneapolis. Previously, she served over a decade as senior vice president of communications, public affairs and corporate responsibility at Best Buy and served nearly a decade as vice president of government and community relations at Honeywell. Prahl began her public policy career as the director of public policy at the Minnesota Business Partnership.
Prahl holds a BA from Smith College and an MA from the Humphrey School of Public Affairs at the University of Minnesota.
Andrea Murray is a manager in the Portland, Ore. office of Novogradac & Company LLP, where she specializes in new markets tax credits (NMTCs), low income housing tax credits (LIHTCs), and historic tax credits (HTCs). In addition to providing various consulting services, she works extensively on financial statement audits, tax return preparation, final cost certifications, financial forecasts, NMTC allocation applications, and agreed-upon procedures engagements. She has presented internal trainings on various technical subjects and presented the NMTC 101 workshop at Novogradac conferences. Ms. Murray received her bachelor’s degree in accounting from Eastern Washington University. She is licensed in Oregon as a certified public accountant.
Managing Director Pacific Western Bank
Dan Bronfman is a managing director with Pacific Western Bank. Bronfman joined the bank in 2017 and leads the bank’s delivery of tax-exempt and taxable debt products to affordable housing developers and nonprofit organizations. He has more than 30 years of experience in banking, investment banking, financial management and consulting. He has facilitated the issuance of more than $2 billion in conduit financings, with transactions ranging in size from $2 million to more than $60 million. Bronfman was president and founder of Growth Capital Associates Inc., an advisory firm specializing in serving nonprofit organizations and other types of conduit borrowers. Prior to founding Growth Capital, he was director of finance for Gruma Corporation, parent of the leading tortilla maker Mission Foods, and served as a vice president with Union Bank. He received a master’s degree in finance from the Anderson School of Management at the University of California, Los Angeles and a bachelor’s degree in economics from Sonoma State University. He is Trustee Emeritus of the California State University Board of Trustees.
Executive Director | Interim Executive Director California Tax Credit Allocation Committee | California Debt Limit Allocation Committee
Nancee Robles is the executive director of the California Debt Limit Allocation Committee (CDLAC) and the California Tax Credit Allocation Committee (CTCAC). In that role, she keeps California’s affordable housing production and infrastructure facilities projects moving forward. Previously, Ms. Robles held the position of executive director of the California Pollution Control Financing Authority (CPCFA) another authority of the State Treasurer’s Office (STO). Ms. Robles began her state service at CPCFA were she managed the California Capital Access Program (CalCAP) and Collateral Support Programs for small businesses. She is a subject matter expert of the California State Small Business Initiative Act (SSBCI) Programs. Ms. Robles was also a senior manager for the California Alternative Energy and Advanced Transportation Financing Authority (CAEATFA) at the Treasurer’s Office. Ms. Robles also held the positions of acting executive director, chief deputy executive director and chief compliance officer for the California Infrastructure and Economic Development Bank (IBank) a division of the Governor’s Office of Business and Economic Development (GO-Biz). During her time there, Ms. Robles helped lead California’s IBank to become the largest green bond issuer in the nation. Now, the Treasurer’s Office is the leader in Green Bond activity. Prior to her state service, Ms. Robles spent more than 30 years in the private sector banking industry where she served a variety of financial institutions, most recently as senior credit supervisor and primary underwriting trainer for Fireside Bank in Pleasanton, California. Ms. Robles is an Accredited California Economic Developer, earned a bachelor’s degree in communications with a concentration in finance and workplace development from California State University at Sacramento and an executive MBA from California State University at Monterey Bay.
Gustavo F. Velasquez
Director California Department of Housing and Community Development
In May 2020, Gustavo Velasquez was appointed by Governor Gavin Newsom Director of the California Department of Housing and Community Development. In this leadership role, Velasquez leads California’s housing policy agenda and administers a wide range of programs that produce, preserve, and protect affordable housing and communities of opportunity across the state. Velasquez was a senior director at the Urban Institute, a renowned national research organization working to provide data analysis and insights to policymakers and practitioners in ways both relevant and actionable. Velasquez served for nearly three years as assistant secretary for fair housing and equal opportunity at the U.S. Department of Housing and Urban Development (HUD). He served on behalf of the president as the strategic lead of the fair housing and inclusive community agenda for the Obama administration. During his tenure, HUD achieved groundbreaking enforcement victories in fair lending and in major housing discrimination cases. Velasquez led efforts to promulgate the landmark Affirmatively Furthering Fair Housing rule, a key tool for cities, states, and other HUD funding recipients to reduce inequality and disparities in access to opportunity.
Tiena Johnson Hall
Executive Director California Housing Finance Agency
Tiena Johnson Hall, executive director of the California Housing Finance Agency, is furthering the agency’s mission to create and finance progressive housing solutions so more Californians have a place to call home. Through her leadership of CalHFA, the state’s affordable housing lender, she engages mortgage lenders, affordable housing developers, state and local agencies, advocacy organizations, public officials, and private financing markets to work collaboratively to create housing options in reach and accessible for more low- and moderate-income Californians. Prior to her appointment, Johnson Hall served on the CalHFA board of directors from 2014 and was the senior vice president and manager of community development finance for BBVA now a member of PNC Bank. She held various leadership positions for financial, banking and housing organizations such as vice president and community development manager, Bank of the West (2014); senior vice president and relationship manager, U.S. Bank (2005-2013); director of housing, Major Projects Division of the Los Angeles Housing and Investment Department (2004-2005); senior vice president and regional manager, Bank of America Community Lending (1997-2003); finance development officer, Major Projects Division of the Los Angeles Housing and Investment Department (1995-1997); project manager, Abode Communities (1991-1994). She also served on various housing and financial boards and councils. Johnson Hall received her bachelor’s degree in economics from Howard University and master’s degree from the University of Redlands.
Renee Beaver is a partner in the Cleveland office of Novogradac. She has more than 25 years of experience in the real estate industry, with
an emphasis in affordable housing, historic redevelopment, renewable energy and opportunity zones. Ms. Beaver represents both for-profit and
nonprofit developers and consults with numerous investors in affordable housing in addition to providing audit, tax and compliance services. Her
experience includes accounting, auditing, forecasting and compliance of developments subject to the regulatory requirements of the Low-Income
Housing Tax Credit program and U.S. Department of Housing and Urban Development and United States Department of Agriculture Rural Development. She represents developers and investors in structuring a variety of real estate transactions and is a frequent speaker at real estate industry conferences. Ms. Beaver is the treasurer on the Ohio Housing Council’s executive committee. She graduated from Cleveland State University and is licensed in Ohio as a certified public accountant.
VP, Northern California Market Enterprise
Heather Hood is vice president and Northern California market leader for Enterprise Community Partners. At Enterprise, Hood directs Enterprise’s program work in Northern California to ensure residents live in quality homes that are affordable and connected to opportunity. These efforts include generating policy and funding innovations to address the tremendous affordable housing needs, and increasing local, regional and state resources and effective techniques for affordable housing protections, preservation and production. Hood joined Enterprise in 2011, and since then, her pursuits to advance solutions include co-authoring The Elephant in the Region: How Bay Metro Can Lead a Bold Regional Housing Agenda, which recently led to the creation of the Bay Area Housing Finance Authority, the region’s first regional housing agency. In response to the pandemic and the State of California’s bold commitment to use hotels and motels to address homelessness, Project Homekey, with staff and consultants, she built a state-wide technical assistance team to serve the state’s $3.5 billion commitment. She also conceived Enterprise’s technical assistance approach around the Affordable Housing and Sustainable Communities program, leading to more $400 million in annual state resources to create affordable homes. She also co-chaired the City of Oakland’s Housing Cabinet to determine practical and impactful solutions. Prior to joining Enterprise, Hood worked at The San Francisco Foundation as the initiative officer, managing their Great Communities Collaborative. In 1997-2010, Hood was a lecturer at University of California Berkeley’s Department of City and Regional Planning and a co-founder and director of its Center for Community Innovation. She co-authored The Future of Infill Housing in California: Opportunities, Potential, Feasibility and Demand for the California Department of Housing and Community Development, which laid the groundwork for the Sustainable Communities and Climate Protection Act. Hood holds a bachelor’s degree in architecture from Carnegie Mellon and master’s degrees in architecture and in city and regional planning from University of California -Berkeley.
Nicolo Pinoli is a partner in the Portland, Ore., office of Novogradac, where he specializes in affordable housing and community development, including the low-income housing tax credit (LIHTC), new markets tax credit (NMTC), historic rehabilitation tax credit (HTC) and opportunity zones (OZ). Mr. Pinoli has extensive experience in a wide range of services, including financial statement audits; tax return preparation; writing NMTC and LIHTC applications; LIHTC, NMTC, OZ and HTC transaction underwriting; consulting on LIHTC, NMTC, OZ and HTC transaction structuring; and LIHTC, NMTC and OZ compliance. A frequent speaker at industry conferences, Mr. Pinoli also delivers several webinars every year on topics such as NMTC exit strategies, NMTC allocation applications and LIHTC Year 15 strategies. He has published many articles on various technical issues confronting the affordable housing and community development industries, and serves as a technical editor of the Low-Income Housing Tax Credit Handbook and Novogradac’s Tax Reform Resource Guide. Mr. Pinoli received a bachelor’s degree in accounting and a master’s degree in professional accounting from Brigham Young University and is licensed in California, Oregon and Washington as a certified public accountant.
Senior Developer Pennrose
As senior developer, Christine Robertson manages the development activities in Virginia from inception through construction completion. Since starting with Pennrose in June 2018, Robertson has been integral in building the Pennrose development pipeline in Virginia. Prior to joining the Pennrose team, Robertson served as the vice president of Bywater Development Group, the director of development of PIHRL Developers, vice president of Millennia Housing Development Ltd., and project manager with both the Cleveland Housing Network and Pathstone (previously Rural opportunities Inc.). In these roles, Robertson ran affordable and mixed-income rental developments from inception to completion including new construction, scattered site infill, for-sale homes, and acquisition/preservation transactions in multiple states. Robertson also has experience in affordable housing lending with LISC in the Gulf Region following Hurricane Katrina, and with tax credit allocation and debt restructuring with the Ohio Housing Finance Agency. Robertson has a bachelor’s degree in urban affairs from Virginia Tech.
Director of Tax and Housing Advocacy National Council of State Housing Agencies
Jennifer Schwartz serves as the director of tax and housing advocacy at the National Council of State Housing Agencies (NCSHA), where she manages NCSHA’s policy and legislative activities related to the low-income housing tax credit and tax-exempt private activity housing bonds. She also works on other NCSHA housing policy priorities, including Fair Housing and HUD program funding and programmatic issues. She rejoined NCSHA in 2014 after previously holding the role of senior legislative and policy associate at the organization from 2001-2005. Prior to returning to NCSHA, Ms. Schwartz was the director of policy and programs for the Southern Governors’ Association, where she focused on facilitating bipartisan collaboration on policy areas including economic development, healthcare, trade, workforce development and energy/environment. Earlier in her career, she worked as a counselor and case manager at Women’s Protective Services, a domestic violence shelter and rape crisis counseling center in Massachusetts, and as a project consultant for the Massachusetts Advocacy Center (now Massachusetts Advocates for Children). Ms. Schwartz earned a master’s degree in public administration and public policy from the London School of Economics and Political Science and holds a bachelor’s degree from Brandeis University with a double major in psychology and sociology.
Vice President – Originations, Western Region WNC
As vice president at WNC, Jessica Captanis facilitates the tax credit equity syndicator’s origination and acquisition efforts in the western United States. Ms. Captanis brings with her 10 years of experience in the affordable housing industry. Prior to joining WNC, Ms. Captanis was responsible for underwriting, analyzing, closing, converting and managing tax credit transactions both as a community lending banker and an affordable housing developer. Ms. Captanis holds a bachelor’s degree in business administration with a concentration in finance from California Polytechnic State University, San Luis Obispo.
Erik T. Hoffman
Partner Klein Hornig
Erik Hoffman is a partner at Klein Hornig LLP whose practice focuses on financing affordable multifamily housing. Hoffman represents for-profit and nonprofit developers in the acquisition-rehabilitation and new construction of developments financed with multiple layers of funding, including tax exempt bonds, mezzanine and subordinate debt from a variety of sources, such as National Housing Trust Funds, private lenders, Amazon funding, HOME and Community Development Block Grants, Section 108 securitizations, state and local housing trust funds, and tax increment financing. Hoffman has pioneered the development of the “9-4 twinned” structure to increase the production of affordable housing and to minimize wasted tax credit basis. Hoffman has closed more than 35 twinned transactions composed of more than 70 development financings often with mixed income and mixed use components. Before joining the firm, Hoffman was counsel with the firm Bingham McCutchen. Previously, Hoffman served as the director of real estate finance and grants for Fairfax County's affordable housing and economic development programs and was an associate general counsel to the District of Columbia Housing Finance Agency. Hoffman currently serves on the board of the Virginia Housing Alliance and the Virginia Tech Real Estate Advisory Board. Hoffman has served on the Fairfax County Preservation Task Force, as the chair of Wesley Housing Development Corporation (a national top 50 developer), on the board of New Hope Housing, and on the governance and advisory boards for other advocacy organizations as well as nonprofit housing and service providers.
Senior Vice President Alliant Capital
Jennifer Erixon, senior vice president of originations for Alliant Capital, has been involved in affordable housing finance and development since 1997. Prior to joining Alliant, Ms. Erixon had leadership roles for two national LIHTC syndicators as well as the community lending division of a national bank. Ms. Erixon previously worked for Mercy Housing as the president of its six-state mountain plains region and also established a national asset management platform for its $2 billion portfolio. Ms. Erixon was named a Young Leader by Affordable Housing Magazine and a recipient of the Denver Business Journal’s Forty Under 40.
Lance S. Smith
Lance Smith is a partner in the Petaluma, Calif., office of Novogradac.
Mr. Smith specializes in managing audits, completing tax returns and
providing other attestation and consulting services for partnerships in
the affordable housing industry, including those subject to the auditing
requirements of the U.S. Department of Housing and Urban Development,
and for nonprofit organizations, including those subject to government
auditing standards and Uniform Administrative Requirements, Cost
Principles and Audit Requirements for federal awards. Mr. Smith earned
his bachelor’s and master’s degrees in accounting from Brigham Young University. He is licensed
in California as a certified public accountant.
Transactional real estate attorney and founding partner Downs Pham & Kuei LLP
Gary Downs is a transactional real estate attorney and a founding partner of Downs Pham & Kuei LLP. Downs’ real estate practice includes tax, joint venture, public-private partnerships, acquisition and disposition, land use, regulatory work and complex financing. He routinely counsels his clients on using tax advantaged financing such as various types of tax credits, including low-income housing, historic, investment and new market tax credits to finance low-income, mixed-income and mixed-use developments.
CEO and President Burbank Housing
Larry Florin is the chief executive officer and president of Burbank Housing. Burbank is a 41-year-old nonprofit that has developed more than 5,000 units of affordable housing in the North Bay. Prior to his current position, Florin held prominent positions in both the public and private sector. In San Francisco Florin worked for three Mayoral Administrations. His projects including the conversion of Treasure Island to civilian use, the replacement of the Embarcadero Freeway and the conversion of the Presidio from the military to the National Park Service. Florin was the first executive director of the Treasure Island Development Authority an agency that was created to manage the redevelopment of Treasure Island. He was also deputy director of the San Francisco Redevelopment Agency and oversaw the conversion of the former Hunters Point Naval Shipyard to civilian reuse. In 1989, after the Loma Prieta earthquake, Florin held lead responsibility for working with FEMA on recovery efforts for the city. Most recently, Florin was the director of Housing and Government Affairs for Napa County where he was responsible for administering the county’s affordable housing programs and overseeing the County’s housing authority, economic and community development activities as well as government and legislative affairs. Florin’s experience in the private sector was as a division president for Lennar a publicly traded national homebuilding company. Florin oversaw the development of more than 2,000 units of housing for Lennar. He also started his own development company which specialized in repurposing of former industrial sites in San Francisco. Florin has a master’s degree from the University of Pennsylvania and a bachelor’s degree in economics from the State University of New York.
Chief Development Officer Jamboree Housing
As the chief development officer, Michael Massie oversees housing development, construction, and business development and acquisitions. His focus on the development and finance of housing of all types has led him across a broad and changing real estate landscape. Massie began at Jamboree in 2005 as senior project manager before becoming director of development. To diversify his experience and knowledge, he pursued executive opportunities with Related California and The Picerne Group from 2014 to 2017. With his return, he has managed a team that has developed, financed, and built more than 5,000 units of housing throughout California, while helping to drive Jamboree’s growth serving on the executive management team. Massie concentrated in real estate and finance at the Wharton School of the University of Pennsylvania.
Vice President Dominium
Jen Brewerton is the vice president of compliance for Dominium. At nearly 28,000 units, operating in 23 different states, Dominium is one of the nations largest and most innovative affordable housing development and management companies. Ms. Brewerton is responsible for determining and implementing all affordable program policy and procedures for Dominium. Before joining Dominium, Ms. Brewerton held a variety of influential positions in her field, including almost 10 years with Texas Department of Housing and Community Affairs (TDHCA), overseeing the low-income housing tax credit (LIHTC), bond, HOME and Housing Trust Fund programs. While at TDHCA, Ms. Brewerton achieved national recognition as a LIHTC expert, performing trainings throughout the United States. After leaving TDHCA, Ms. Brewerton held senior positions at CohnReznick, Capstone Management and Southwest Housing Compliance Corporation, a project-based Section 8 contract administrator for the Department of Housing and Urban Development (HUD).
Senior Vice President R4 Capital
Brian McMahon is a senior vice president of R4 Capital based in the firm’s Newport Beach, Calif., office. Since moving to the West Coast in 2013, Mr. McMahon has originated more than $700 million in equity investments, facilitating the construction of more than 1,600 units and the rehabilitation of more than 4,800 units of quality affordable housing. Mr. McMahon joined R4 Capital from Credit Suisse, where he helped build a CMBS securitization platform from the ground up and led the development of its proprietary underwriting model. Prior to that, Mr. McMahon was a vice president at Oasis Real Estate Partners, a start-up firm advising clients on CRE and CMBS investments, where he served as project manager on commercial mortgage underwritings with a face value of more than $1.2 billion. Mr. McMahon started his real estate career at Goldman, Sachs & Co. in 2004, executing CMBS and real estate CDO securitizations. He joined Goldman in 1998, serving in a variety of roles related to financial reporting and expense control. Mr. McMahon holds a master’s degree and a bachelor’s degree from the University of Virginia.
Jeff Nishita is a partner in the San Francisco office of Novogradac and is a co-founder of the company’s LIHTC Working Group and two of the subgroups for the company’s Opportunity Zones Working Group, membership organizations that addresses technical issues in their respective industries. Mr. Nishita provides numerous services in the real estate industry, including audit and tax services, consulting/structuring, forecasting, LIHTC and tax-exempt bond application assistance, and training. He is experienced with U.S. Department of Housing and Urban Development, Uniform Guidance (and A-133), and numerous state auditing requirements. In addition, he is in charge of maintaining the company’s Financial Forecast Model. He works with for-profit and nonprofit real estate developers, syndicators, lenders and direct investors. Mr. Nishita also speaks at various real estate conferences throughout the year and is a technical editor for the company’s special reports. Mr. Nishita has served on the Housing Colorado NOW! Conference Planning Committee since 2013 and also founded the company’s community service program. Before joining Novogradac, Mr. Nishita worked with several start-up companies and small businesses in executive positions. Mr. Nishita graduated from Santa Clara University’s master’s program and also received a bachelor’s degree in business economics, with a concentration in accounting from the University of California, Santa Barbara. He currently serves on various nonprofit boards including the Santa Clara University Accounting Advisory Board. He is licensed in California and Colorado as a certified public accountant.
Treasurer state of California
Fiona Ma is California’s 34th state treasurer. She was elected on Nov. 6, 2018, with more votes (7,825,587) than any other candidate for treasurer in the state's history. She is the first woman of color and the first woman Certified Public Accountant (CPA) elected to the position. The State Treasurer’s Office was created in the California Constitution in 1849. It provides financing for schools, roads, housing, recycling and waste management, hospitals, public facilities, and other crucial infrastructure projects that better the lives of residents. California is the world’s fifth-largest economy and Ma is the state’s primary banker. Her office processes more than $2 trillion in transactions, within a typical year. She provides transparency and oversight for the government’s investment portfolio and accounts, as well as for the state’s surplus funds. Ma oversees an investment portfolio that has averaged more than $100 billion during her administration—a significant portion of which is beneficially owned by more than 2,200 local governments in California. She serves as agent of sale for all state bonds and is trustee of billions of dollars of state indebtedness.
Senior Manager, Public Policy Novogradac
Mark Shelburne is a housing policy consultant with Novogradac. He is based in Raleigh, N.C., and works nationally. His work includes consulting with state agencies, local governments, equity providers, lenders, attorneys and developers on topics including allocation, compliance, HOME, revitalization, supportive housing and tax-exempt bonds. Mr. Shelburne is widely regarded as a top expert on these topics and frequently presents on them to statewide and national audiences. Mr. Shelburne previously served as director of the Office of Housing Finance and Development at the Georgia Department of Community Affairs and counsel and policy coordinator at the North Carolina Housing Finance Agency. In his different capacities, Mr. Shelburne has revised 24 qualified allocation plans, testified before Congress, provided resources to create more than 25,000 affordable rental homes, and led work resulting in four national awards. He has degrees in law, planning, and public policy from the University at North Carolina at Chapel Hill.
Warren Sebra is a partner in the Portland, Ore., office of Novogradac. Mr. Sebra has experience in affordable housing and community development, including low-income housing tax credit (LIHTC), new markets tax credit (NMTC), historic rehabilitation tax credit (HTC) and opportunity zones transactions. He has worked extensively on financial statement audits, tax return preparation, final cost certification audits, transaction underwriting, placed-in service applications, LIHTC compliance, NMTC compliance and NMTC allocation applications. Mr. Sebra has also contributed to various publications, including the Novogradac Journal of Tax Credits, the Low-Income Housing Tax Credit Handbook and Novogradac Historic Rehabilitation Handbook. Mr. Sebra is a frequent speaker at industry conferences and seminars on affordable housing and community development industry topics. He received a bachelor’s degree in accounting and a master’s degree in accounting from Brigham Young University. Mr. Sebra is licensed in Oregon and California as a certified public accountant.
Manager Novogradac & Company LLP
Stephanie Naquin is a multifamily compliance manager in Novogradac's Austin, Texas, office. Naquin was previously the director of multifamily compliance with the Texas Department of Housing and Community Affairs (TDHCA), where her team oversaw all aspects of compliance monitoring, physical inspection and compliance administration. Naquin began her career as a leasing agent in August of 2002 with an owner-managed affordable housing organization where she had the opportunity to hold various positions in the private sector before joining TDHCA in 2007 as a compliance monitor. Her experience in both the private and regulatory sectors of the industry allows her to synthesize complicated federal and state regulations and present that information in a concise and easily digestible manner. Ms. Naquin is also a renowned public speaker and a nationally recognized expert in utility allowance regulations. Her certifications include the National Center for Housing Management Certified Occupancy Specialist (COS) and the National Association of Home Builders Housing Credit Certified Professional (HCCP).
Melissa Chung is a principal in the San Francisco office of Novogradac. She provides audit, tax, and consulting services for affordable housing developments, real estate partnerships, and for-profit and nonprofit housing developers in the low-income housing tax credit (LIHTC) industry, other nonprofit organizations, and single-family homebuilders. Ms. Chung also has experience with the auditing requirements of HUD, OMB Uniform Guidance, CalHFA, HCD, NJHMFA and OHCS. In addition, she serves on the Housing Colorado NOW! Conference and publications committees and is a frequent speaker at various housing conferences and workshops. She received a bachelor’s degree in economics, with a concentration in accounting and a minor in Chinese studies from the University of California, Berkeley. She is licensed in California as a certified public accountant.
Director of Public Policy and Government relations, Marketing Novogradac
Peter Lawrence is director of public policy & government relations for Novogradac. In this role, he coordinates the company’s public policy and government relations work on low-income housing tax credit (LIHTC), the new markets tax credit (NMTC), the historic rehabilitation tax credit, renewable energy tax credits, and U.S. Housing and Urban Development programs. Before joining Novogradac, Mr. Lawrence was the senior director of public policy and government affairs for Enterprise Community Partners, where he led the execution of Enterprise’s policy and advocacy agenda. His primary issue responsibilities were tax (including LIHTC and NMTC advocacy as well as tax incentives to promote green and sustainable building), affordable housing preservation and rental housing policy. While at Enterprise, he helped found the Affordable Rental Housing A.C.T.I.O.N. (A Call To Invest in Our Neighborhoods) campaign. He was the secretary of the board of directors of the Affordable Housing Tax Credit Coalition and a member of the board of directors of the New Markets Tax Credit Coalition. Mr. Lawrence was also a legislative and policy associate at the National Council of State Housing Agencies. Mr. Lawrence also was a housing policy analyst for the Center on Budget Policies and Priorities, a congressional fellow for Sen. Jack Reed of Rhode Island in Reed’s capacity as the Ranking Member of the Senate Housing and Transportation Subcommittee, and a presidential management fellow for the Office of Policy Development & Research at the U.S. Department of Housing and Urban Development. In addition to his federal experience, he served as an analyst for the affordable housing group of Chicago Metropolis 2020, and as an appointed member of the Interagency Taskforce on Homelessness of the city of Berkeley, Calif.
Tia Boatman Patterson
Associate Director Housing, Treasury, & Commerce at the White House Office of Management & Budget
Tia Boatman Patterson is the associate director of housing, Treasury, & Commerce at the White House Office of Management & Budget. Prior to joining the Biden Administration, she served as the executive director of the California Housing Finance Agency and Governor Gavin Newsom’s senior advisor for housing. Prior to that, Boatman Patterson was general counsel for the Sacramento Housing and Redevelopment Agency and previously served as special assistant to two Speakers of the California State Assembly, providing policy expertise on housing, community development, trade and commerce and economic development. Currently, Patterson is a board member of FirstNet Authority, the nation’s communications network dedicated to emergency responders and the public safety community. Previously, Boatman Patterson has served on the board of directors for the National Council of State Housing Agencies from September 2015 to February 2021, and was elected chair of the board in October 2018 and 2019. She has also been a member of the National Housing Conference’s National Advisory Council, the Freddie Mac Housing for Tomorrow Council and the BBVA Compass Bank Community Advisory Board. Additionally, Patterson was a member of the Fannie Mae Affordable Housing Advisory Council from 2015-18, chairing the Council from 2016-17. Boatman Patterson received her bachelor’s degree in political science from San Diego State University, and her juris doctorate from the University of the Pacific, McGeorge School of Law.
Founding Partner Norris George & Ostrow PLLC
Ethan Ostrow is a founding partner of Norris George & Ostrow PLLC. Prior to founding Norris George & Ostrow PLLC and continuing to the present, Ostrow has served as underwriter’s counsel, purchaser’s counsel and issuer’s counsel in a range of tax-exempt and taxable affordable multifamily housing bond and loan transactions, including public offerings and private placements of rated as well as unrated bonds. These financings have involved loans and mortgage-backed securities backed by FHA, USDA Rural Development, Ginnie Mae (GNMA), Fannie Mae, Freddie Mac and other credit providers. Ostrow is a leading underwriter’s counsel on financings that use short-term cash-backed tax-exempt bonds to provide 4% low income housing tax credits on developments using low-rate taxable FHA, USDA Rural Development and other taxable loans in the current interest rate environment. He also worked with Fannie Mae and its counsel and other parties in developing the structure and documentation for the Fannie M.TEBs tax-exempt bond product, and served as underwriter’s counsel in the first transaction for a project in Chicago called Fullerton Court Apartments, which closed in January 2015, and in more than 60 such financings closed over the ensuing seven years and counting.
Managing Partner Novogradac
Michael Novogradac is the managing partner of Novogradac, which has been in business since 1989. He specializes in affordable housing, community development, historic preservation and renewable energy. Mr. Novogradac’s focus is in real estate taxation and accounting. He is the author of numerous real estate-related tax and accounting articles and books, including the Novogradac Opportunity Zones Handbook, the New Markets Tax Credit Handbook and the Low-Income Housing Tax Credit Handbook. A frequent speaker at tax incentive conferences and forums throughout the country, Mr. Novogradac also broadcasts a weekly podcast, Tax Credit Tuesday. As a leading industry expert, he is frequently quoted in national media, such as The Wall Street Journal, The New York Times, Politico, Bloomberg, Forbes, CNBC News, NBC News, National Public Radio and Crain’s New York Business. Mr. Novogradac is active in advocating for the inclusion of affordable housing, historic preservation, community development and renewable energy incentives in federal and state tax policy, and serves as advisor on industry and governmental affairs for the NMTC Working Group, LIHTC Working Group and the Opportunity Zones Working Group. Mr. Novogradac provides input to the U.S. Department of the Treasury, Internal Revenue Service, Community Development Financial Institutions Fund, and other federal and state agencies as well as members of Congress, including testimony before the United States House Committee on Ways and Means. Mr. Novogradac also serves on the executive committee of the Housing Advisory Group and the boards of directors of the Affordable Housing Tax Credit Coalition, the National Housing Conference, the NMTC Coalition and Historic Tax Credit Coalition. In 2016, Mr. Novogradac was inducted into the Affordable Housing Hall of Fame. He also received The Affordable Housing Visionary Award from The NHP Foundation in 2018, in recognition of his contributions to the affordable housing community and in 2020 was honored as one of the top 25 OZ Influencers through Opportunity Zone Magazine. Mr. Novogradac graduated from the University of California, Los Angeles, with a bachelor’s degree in economics. He received an MBA from the University of California, Berkeley. He is licensed in California, Oregon, Maryland and Texas as a certified public accountant. You can follow Mr. Novogradac on twitter @novogradac and on his blog at www.novoco.com/blog or listen to his weekly podcast at www.novoco.com/podcast.
Robert Bennett is a principal in the metro Detroit office of Novogradac. Before joining
Novogradac in 2019, he worked in public accounting for more than 12 years providing services to
various industry particularly those involved in commercial, multifamily and affordable housing.
In addition to providing audit and review services, Mr. Bennett has extensive experience with
nonprofit and real estate entities including those subject to the auditing requirements of the U.S.
Department of Housing and Urban Development (HUD), including those subject to government
auditing standards and OMB Uniform Guidance. He has been a speaker at the Midwest
Association of Housing Cooperatives and is a member of Community Association Institute,
Institute of Real Estate Management and Detroit Economic Club. He received a bachelor’s and
master’s degree from the University of Windsor, a master’s degree from Walsh College and is
licensed as a certified public accountant in Michigan.
Alvin Lee is a partner in the San Francisco office of Novogradac, where he specializes in real estate and renewable energy transactions by providing audit, tax and consulting services for developers, syndicators and investors. He has extensive experience with financial modeling and financial statement reporting for renewable energy tax credit and low-income housing tax credit transactions with emphasis on investment accounting and partnership taxation. He earned his bachelor’s degree in business administration from the University of California, Berkeley. He is licensed in California as a certified public accountant.
Principal and Head of Originations Fallbrook Loan Fund, LLC
Christian Albacarys is responsible for sourcing, structuring and financing real estate developments. He works with multifamily affordable and market rate housing developers to help structure and execute on debt and equity financing. In order to address the growing demand by borrowers to access a lower cost of capital, in 2015 Fallbrook Loan Fund was founded under Albacarys’ leadership. Fallbrook Loan Fund LLC (FLF) is a private lending facility which partners with a network of banks and institutions to provide borrowers access to debt capital. FLF’s structured debt products offer developers competitive financing for new construction, substantial rehabilitation and refinancing of commercial real estate projects. FLF is an affiliate of its parent organization, Fallbrook Financial Services Company. For more than 30 years, many of America’s largest corporations have trusted Fallbrook to finance more than $5 billion in equity and debt investments in tax credit subsidized projects.
Miao Xue is a partner in the San Francisco office of Novogradac. She
joined the company as a staff accountant in 2004. After leaving briefly
for a position at a Big Four firm, she returned in 2009 as a manager. Ms.
Xue has broad experience in tax compliance. She also provides extensive
financial modeling and consulting services to members of the LIHTC,
RETC, HTC, NMTC and commercial real estate industries. She is known
for her strong technical skills in complicated partnership transactions
in real estate and renewable energy areas. Ms. Xue received a master’s
degree in accounting from San Francisco State University and is licensed in California as a
certified public accountant.
Karie McMillen, CPA, is a principal in the Dover, Ohio, office of Novogradac. Ms. McMillen has many years of experience in providing tax and various audit and attestation services to real estate partnerships. Ms. McMillen works with the low-income housing tax credit (LIHTC), tax- exempt bond financed developments, nonprofit organizations and those subject to the auditing requirements of the U.S. Department of Housing and Urban Development (HUD). In addition, Ms. McMillen specializes in LIHTC consulting and financial modeling. She also has significant experience in conducting HUD Multifamily Accelerated Processing and Healthcare Quality Control and Construction Loan Administration reviews. Ms. McMillen holds a master’s degree from Salem International University and a bachelor’s degree from Kent State University. She is licensed as a certified public accountant in Ohio.
Amanda Read is a partner in the Cleveland office of Novogradac. She provides a wide range of services to community development entities, including transaction structuring, development and implementation of internal compliance policies and procedures, bookkeeping, monthly loan servicing and asset management, compliance review and Community Development Financial Institutions Fund reporting. She assists her clients in transaction structuring, financial modeling, new markets tax credit (NMTC) compliance and reporting. Ms. Read’s experience includes working with complex financing for community development real estate developments, including using NMTCs, historic tax credits, public/private partnerships, and other federal, state and local tax credits and incentives. She is also a frequent speaker at the preconference workshops at the company’s NMTC conferences. In addition to her NMTC practice, Ms. Read also focuses on the low-income housing tax credit (LIHTC), providing accounting, auditing, forecasting and compliance of developments subject to the regulatory requirements of the LIHTC program and U.S. Department of Housing and Urban Development. Ms. Read received a bachelor’s degree in accounting from the University of Akron. She is licensed in Ohio as a certified public accountant.
Executive Director The Affordable Housing Tax Credit Coalition
Emily Cadik is the Executive Director of the Affordable Housing Tax Credit Coalition (AHTCC), where she leads advocacy to support affordable rental housing financed using the Low-Income Housing Tax Credit (Housing Credit). Prior to joining the AHTCC, she was a Senior Director of Public Policy at Enterprise Community Partners, where she led policy and advocacy related to the Housing Credit and other affordable housing and community development issues. While at Enterprise she served on the board of the AHTCC, chairing the Legislative Committee, co-chairing the Marketing Committee, and serving on the Executive Committee since 2016. She also helped to lead the A Call To Invest in Our Neighborhoods (ACTION) Campaign, the nationwide coalition of more than 2,000 organizations and businesses advocating on behalf of the Housing Credit, and remains active in this nationwide advocacy effort. In 2017 she received the NHP Foundation’s inaugural Advocacy Award, and in 2016 was named one of Affordable Housing Finance’s Young Leaders. Before joining Enterprise she was a Presidential Management Fellow at the U.S. Department of Housing and Urban Development, where she served as a program coordinator for the Moving to Work demonstration and in the Office of Intergovernmental Affairs. She earned a master’s degree in public policy from the Harvard Kennedy School of Government and a Bachelor of Arts degree from the University of Texas at Austin.
Executive Director Housing Advisory Group
David Gasson serves as executive director of the Housing Advisory Group, a 501 c 6 organization established in 1993 to help educate state and federal officials on housing programs and policies. The Housing Advisory Group’s membership consists of developers, syndicators, investors and other professionals from across the country involved in the affordable housing industry. Mr. Gasson is regularly invited to address conferences and industry groups across the country on issues related to housing, tax policy and the national political environment. He also contributes editorial content to trade publications. Mr. Gasson is a member of the Affordable Housing ACTION Campaign steering committee within which he serves on the policy/legislative subcommittee and the tax reform working group. Mr. Gasson regularly consults with members of Congress and congressional staff on policies affecting housing policy. He received a bachelor’s degree from the University of Florida.