Bart Mitchell is CEO of The Community Builders, Inc. (TCB), one of the country’s largest nonprofit developers and owners of mixed-income housing. TCB owns over 11,000 apartments in 14 states in the Northeast, Midwest and Mid-Atlantic US. Bart has been active in housing and community development since 1984. Prior to running TCB, he served as CEO of Mitchell Properties LLC, as COO of Beacon/Corcoran Jennison Partners, and in other housing and community development roles in the public, nonprofit and private sectors. He is a frequent panelist at national conferences concerning mixed-income housing, neighborhood revitalization, and opening up high-opportunity suburbs to low and moderate income Americans. Mitchell is a board member of the Affordable Housing Tax Credit Coalition, of Stewards of Affordable Housing for the Future, and of New Lease for Homeless Families, and he is a graduate of Williams College and the Harvard Kennedy School of Government.
Michael Novogradac is the Managing Partner in the San Francisco, Calif. office of Novogradac & Company LLP. He has more than 25 years of experience specializing in affordable housing, community development, and renewable energy. He is the author of numerous real estate-related tax and accounting articles and books, including the New Markets Tax Credit Handbook and the Low-Income Housing Tax Credit Handbook. A frequent speaker at tax credit conferences and forums throughout the country, Mr. Novogradac is very active in advocating for the inclusion of affordable housing, historic, new markets, and renewable energy tax credits in federal and state policy and he broadcasts a weekly podcast that focuses on tax credit issues. He serves as adviser on industry and governmental affairs for the NMTC Working Group and the LIHTC Working Group, as well as on the executive committee of the Housing Advisory Group and the boards of the NMTC Coalition and Historic Tax Credit Coalition.
As Chief Financial Officer, Joseph F. Purcell serves as an integral member of the executive leadership team of The Michaels Organization, with lead oversight for The Organization’s financial operations. In addition, Mr. Purcell also serves as President of Continental Mortgage Corp., an FHA mortgage company, which structures funding transactions for Michaels’ developments and acquisitions, and arranges refinancing that ensures the continued preservation and recapitalization of affordable housing. Until 2013, Mr. Purcell also served as president of Michaels’ tax credit syndication company, Prestige Affordable Housing Equity Partners, which under his leadership grew from doing private placements to being a national syndication platform, financing more than 10,000 units. Mr. Purcell is a member of the American Institute of Certified Public Accountants, the Pennsylvania Institute of Certified Public Accountants (former member of Committee for State and Local Government). He has received a Bachelor of Business Administration in Accounting from Temple University and is a licensed Certified Public Accountant in New Jersey and Pennsylvania.
Ryan Sfreddo is Managing Director of Investor Relations for Red Stone Equity Partners, LLC, and is responsible for the structuring, marketing and closing tax credit investments for the firm’s institutional clients. Prior to joining Red Stone, Ryan was a Managing Director of Centerline Capital Group (f/k/a Related Capital Company) where he oversaw its tax credit fund management business consisting of structuring, marketing and closing its institutional tax credit investment funds. Since 2002, Ryan has played a significant role in raising more than $5 billion of institutional equity for tax credit investment funds. Prior to 2002, Ryan was responsible for the acquisition of properties financed with Low Income Housing Tax Credits and/or Historic Tax Credits, having directly participated in the structuring, negotiating, and closing of more than 200 real estate transactions, resulting in more than $1 billion of net equity investment and the creation and/or preservation of more than 25,000 residential apartment units. Ryan received a Bachelor of Science degree, summa cum laude, with concentrations in both Finance and Pre-Medical Studies, from Boston College.
Mr. Stoffregen is one of three principal owners in the Pedcor Companies. He has been involved in commercial and residential development and financing since 1984. He current serves as Executive Vice President and COO of Pedcor Investments, LLC where he takes the lead in overseeing Pedcor's affordable housing development, finance, construction, and management activities which are national in scope. Pedcor has developed and owns more than 15,000 apartment units in 15 states and is among the nation's most prolific and respected affordable housing developers/owners/managers. In 2012, Mr. Stoffregen joined the Urban Land Institute (ULI), a nationally recognized organization in the fields of development, land use and urban planning, where he is a member of the Affordable/Workforce Housing Council. Mr. Stoffregen has also served as a director of the Martin Luther King Community Development Corporation and as a founding member of the board of directors for Coburn Place Safehaven, Inc., a not-for-profit operating transitional housing with substantial supportive services for victims of domestic violence.
Elizabeth (Beth) M. Stohr is President/LIHTC Director of U.S. Bank Community Development Corporation (USBCDC) managing all new investments in affordable housing for USBCDC. USBCDC is an active direct LIHTC investor. USBCDC makes tax credit-based investments (Section 42, historic, New Markets, alternative energy) nationwide, with over $13 billion composed of direct and certain fund investments. Stohr has been in real estate finance since 1980 working at predecessor banks to U.S. Bank as well as Continental Bank in Chicago and Boatmen’s Bank in St. Louis (both now Bank of America). She has been with U.S. Bancorp CDC since March 1997. Stohr served as the 2008 President of the Affordable Housing Investors Council. She currently serves on the board of the Affordable Housing Tax Credit Coalition as well as the board of Enterprise Investments.
Al Stonitsch is a Managing Director responsible for Structured Housing Investments at J.P. Morgan in Chicago. The group has invested billions of equity in LIHTC transactions utilizing structures including guarantees, contingent payments, and partnership flips and was the exclusive placement agent for a major guaranteed housing firm for over decade. Al joined First Chicago (a J.P. Morgan predecessor firm) in 1992 and is now in JP Morgan’s Tax Oriented Investments group, which invests in tax credit transactions involving affordable housing, alternative energy, and historic rehabilitation. Prior to joining First Chicago, Al was a tax attorney at Kirkland & Ellis, specializing in private equity transactions. Al graduated from the University of Illinois at Urbana-Champaign with a BA in Accountancy (High Honors) from the College of Business and a J.D. (Magna Cum Laude) from the College of Law.
Marianne Votta is a Senior Vice President and the Asset Management Executive of the Tax Credit Investment Group at Bank of America. With her team of 25 associates, she is responsible for managing the Bank’s portfolio of more than $12.5 billion in federal and state Real Estate Tax Credit Investments, including low-income, historic, new markets, and solar tax credits. She is a past President and former Board Member of the Affordable Housing Investors’ Council; past Chairperson of the Investment Committee of Massachusetts Housing Investment Corporation; Board Member of the National Housing & Rehabilitation Association; and a member of New England Women in Real Estate and the Susan F. Smith Center for Women’s Cancers Executive Council (at Dana Farber).
Mr. Zeiler is the Chief Executive Officer and a Founding Member of Hudson Housing Capital. He is a member of the company’s Investment Committee responsible for approving all tax credit investments made by the company and its affiliates. Prior to the formation of Hudson Housing Capital, Mr. Zeiler founded and was President of Z Real Estate Partners in 1991 to capitalize on acquisition opportunities in distressed real estate assets and to make select venture capital equity investments in real estate-related operating companies. Prior to forming Z Real Estate, Mr. Zeiler was a Managing Director of Lehman Brothers, where he specialized in structuring real estate investments for the firm and its clients with an emphasis on government subsidized housing.