Mark S. McDaniel is the President and Chief Executive Officer of the Great Lakes Capital Fund Nonprofit Housing Corporation and its subsidiary corporations. He has been with the corporation since its inception. Mr. McDaniel has raised and committed over $1 billion of investment equity for affordable housing in the States of Michigan, Indiana, Wisconsin, and Illinois. Mark has over 30 years of experience in affordable housing and community development. This includes his positions as Vice President and President of a major Michigan-based development company and Director of Development for a statewide nonprofit housing corporation. In addition to his professional experience, he has served on the Board of Directors for a number of non-profit organizations, which advocate affordable housing including President of the National Association of State and Local Equity Funds (NASLEF), Chairman of Federal Home Loan Bank of Indianapolis Affordable Housing Council, and founding board member of Habitat for Humanity of Michigan.
Karen Bensen has been a Compliance Specialist for GLCF since 2005. Prior to that Karen has worked as an Assistant Asset Manager and as an Accounting Assistant with GLCF. Prior to joining GLCF in 1996 Karen was employed by a private company in Chicago where she did financial accounting for both corporate and trust funds along with office administration. Karen has her Bachelor of Arts degree in International Business from North Park College. Karen has earned her Certified Credit Compliance Professional, Certified Occupancy Specialist, Management and Occupancy Review Specialist and Housing Credit Certified Professional designations.
Ed Bobinchak is the Deputy Chief Underwriter for GLCF since 2005. Ed formerly held the position of the Regional President for the Detroit/Southeast Michigan Office. Ed is also responsible for providing assistance to developers interested in High-Performance Housing and Michigan Green Communities grants. He works with developers throughout Southeast Michigan to help plan affordable communities and to find the resources to make them possible. His development work started with grass-roots community organizing, then moved to being a General Contractor, serving the needs of Detroit non-profits and providing job training to Detroit residents. Before coming to GLCF, Ed worked at the Neighborhood Service Organization and Local Initiatives Support Corporation.
Keith Broadnax, formerly a Senior Program Officer for the Local Initiative Support Corporation, is the Director of Operations for the Wisconsin office since January 2007. Keith holds a Masters Degree in Urban and Regional Planning from Ball State University and has experience in residential underwriting, commercial loan underwriting, capacity building and organizing.
George Brown joined GLCF as the Development Coordinator for the Indiana office in 2004. He was born and raised in Indianapolis and is a graduate of the United States Naval Academy where he received a B.S. Degree in Resources Management. He later earned his MBA in Business Management from the University of Dallas. In the Navy, George was a Surface Warfare Officer stationed in San Diego. He then worked in manufacturing and distribution before beginning his career in community and economic development. He was the Community Development Program Manager for the City of Columbus, IN and was responsible for leading the community’s affordable housing task force and working with local nonprofit organizations. He then worked for the Indiana Housing Finance Authority as a tax credit analyst for two years before joining the GLCF. George has three children and enjoys most sports - especially football and basketball.
Jack Brummett is Regional President - Indiana. Prior to obtaining his current position in March 2003, Jack served as a Certified Public Accountant for Dauby, O’Conner, & Zaleski. For the past 30 years, Mr. Brummett has worked in the real estate industry for various organizations as a professional consultant and technical advisor for development/property management companies.
Tom Caldwell joined the Great Lakes Capital Fund in November 2003 as a Development Coordinator. At the Fund his experience includes underwriting equity investments in new construction, Rural Housing 515 Preservation projects, Supportive Housing developments, Tax Credit projects which combine Housing and Historic Tax Credits, and public housing developments using HOPE VI financing. Previously he was a development consultant for four years with Mullin & Lonergan Associates, a private consulting firm in Philadelphia, PA where he worked with nonprofit and for-profit developers to finance affordable housing for families, elderly, and special needs populations in Pennsylvania and West Virginia. His other previous experience includes working for a large nonprofit human services agency in Philadelphia and an investment bank specializing in public finance. He has experience using the Tax Credit program, HUD, the Federal Home Loan Bank, state and local funds, as well as tax-exempt bonds to finance affordable housing. In addition has worked with several nonprofit organizations developing proposals for HUD’s Continuum of Care in Philadelphia and Harrisburg and co-authored a successful proposal under the Special Projects of National Significance under HUD’s HOPWA program. Tom received his Bachelor’s degree in Economics and History from Emory University in Atlanta, Georgia and his MBA from Eastern College in St. David’s, Pennsylvania.
Jennifer Calery is a Closing Coordinator for GLCF. Jen joined GLCF in 2005 after completing the Michigan Leadership Development Program in Governor Jennifer Granholm’s office. Jen graduated from Western Michigan University with a degree in Political Science with concentrations in Public Law and Criminal Justice.
Cary Castano is the Administrative Coordinator for the Indianapolis office. Before joining GLCF, she worked as a paralegal with an intellectual property law firm working on U.S. and foreign patents and trademarks. Cary also worked as a paralegal in estate planning before joining GLCF in June 2006.
La Quesha Childs, formerly an Administrative Assistant for the Lansing office of GLCF now works as the Corporate Resources Administrator. Before joining GLCF, LaQuesha worked for the Michigan State Housing Development Authority (MSHDA) under the Everett High School Student Co-Op Program. LaQuesha earned her General Associate's degree from Lansing Community College and is currently attending Northwood University for her completion of a Bachelor's degree in Business Administration with a focus in management.
Christopher C. Cox is the Chief Financial Officer for GLCF. Chris has extensive experience dealing with the Low Income Housing Tax Credit program. He has over 20 years experience in partnership accounting and financial positions in the real estate industry. Prior to coming to the Fund, Chris was responsible for the various financial analyses for a multi-family real estate corporation in Michigan and Texas.
Kevin Crawley joined GLCF in 2003 as an Asset Manager and was promoted to Director of Investor Relations & Fund Management in July 2006. Prior to joining GLCF, he worked at Plante & Moran Accountants, specializing in performing audits for a variety of clients including real estate, nonprofit, worker’s compensation and employee benefit plans. Kevin is a CPA and received his BA in Accounting at Michigan State University.
JoAnne Doutherd is the Administrative Assistant in the GLCF Detroit office. She has recently obtained a certificate in Word Processing from the Training Center at Wayne State University. She performs all the administrative functions for the Detroit office and is attending Henry Ford Community College.
Tom Edmiston is the Regional President of the Great Lakes Capital Fund. His previous position was Chief Operating Officer- Prior to joining the Cap Fund in 2002, Mr. Edmiston directed the Michigan Statewide LISC program (Local Initiatives Support Corporation). Over a 14 year period, he provided training, technical and financial assistance to nonprofit Community Development Corporations (CDCs). Prior to his work in Michigan, Mr. Edmiston provided technical assistance to community groups, CDCs and neighborhood business associations in Denver through the Community Design Center at the University of Colorado. Mr. Edmiston holds a Bachelor of Landscape Architecture degree from Michigan State University.
James Erickson is an Asset Manager for GLCF. Prior to joining GLCF, Mr. Erickson completed 15 years of property management experience in multi-family housing. After his service in the Navy, Jim started on the “ground floor” of the industry as an assistant manager of a rental property under construction in suburban Milwaukee. After becoming a regional manager, he was responsible for properties ranging from 16 units in rural Indiana, Section 42 properties in numerous locations, project-based Section 8 in the City of Chicago, and luxury high-rise apartments in Lincoln Park, Illinois.
Jennifer A. Everhart is the Chief Underwriter for GLCF. Jennifer joined GLCF in 1997, and has 14 years experience in affordable housing, community development and technical assistance to nonprofit organizations. GLCF has channeled more than $1 billion of equity into affordable housing developments in Michigan and Indiana. Jennifer is responsible for overseeing the underwriting and investment of equity in all of the Fund’s development partnerships. Prior to joining GLCF, she worked at the Michigan State Housing Development Authority administering technical assistance programs to nonprofit housing development corporations and local units of government. Jennifer also worked in Detroit for a community development corporation where she helped package applications for several low income housing tax credit financed developments, and at a nonprofit senior citizen center which served the needs of low-income seniors that resided in several downtown apartment buildings. Jennifer earned a Bachelor of Science in Finance from Oakland University in Rochester Hills, MI and graduated from the Pratt Community Economic Development Institute in Brooklyn, NY.
Leslie Fabiano has been an Asset Manager specializing in compliance with the Tax Credit Program for GLCF since 2002. Prior to that, Leslie’s experience included 18 years within the professional property management industry. Leslie has earned the Certified Credit Compliance Professional and Certified Occupancy Specialist designations and currently maintains a Michigan Real Estate License. Since 2005, Leslie has been Manager of Compliance.
Katherine Forth is GLCF’s Controller as of May 2007. Prior to joining GLCF, Katey worked as a Senior Manager at Plante & Moran PLLC, specializing in real estate and governmental audits. Katey is a Certified Public Accountant and received a Bachelors of Business Administration Degree with a major in Accounting from Western Michigan University. Katey is a member of the American Institute of Certified Public Accountants and the Michigan Association of Certified Public Accountants.
Frederick Hash is Director of Business Development for GLCF. Prior to obtaining his current position, Fred served as President of the Indiana Capital Fund for Housing from August 2001 to March 2003. Before that, he held the position of Vice President of Midwest Advisory Services, Inc., a subsidiary of Michigan Capital Fund for Housing and the Enterprise Social Investment Corporation, which provides equity and offers financial resources for affordable housing development in Indiana, Wisconsin, Kentucky, Minnesota, and Memphis, Tennessee. Fred was responsible for marketing Midwest Advisory Services products and services which included consultation services, technical assistance and equity funding for developers and nonprofit organizations. Fred assisted in the acquisition of tax credit syndication projects in Indiana, in addition to aiding clients in forming viable public/private partnerships. Preceding his position with Midwest Advisory Services, Fred served as the Vice President/Community Investment Officer of the Federal Home Loan Bank of Indianapolis for 10 years, which provided assistance to member financial institutions and qualified housing finance authorities in Indiana and Michigan, and for six years as a Housing Director/Program consultant for the Indiana Department of Mental Health. Fred earned a Master’s degree in Social Work and a Bachelor of Arts degree in Psychology from Indiana University.
Martha Hoskins joined the Great Lakes Capital Fund January 1, 2007 as an Asset Manager. Most recently, Martha was Asset Management Transitional Specialist with Investment Management Corporation. She oversaw all aspects of asset management activity for the Chicago Equity Fund and the Illinois Equity Fund, as well as acting as Owner for 52 project partnerships where the General Partner had been replaced by Investment Management Corporation, the General Partner entity of the Chicago Equity Fund, and the Illinois Equity Fund. In addition, Martha oversaw all aspects of fund management for the Illinois Equity Fund and joint responsibility of fund management for the Chicago Equity Fund.
Prior to this time, she was employed by a private developer of single-family homes; the National Equity Fund as a Portfolio Management Assistant; and City Lands Corporation as a Project Coordinator. Martha received a Bachelor or Arts degree, majoring in criminal justice and a Master of Business Administration (MBA) from the University of Illinois at Chicago. Martha has obtained the C3P compliance certification from Spectrum Seminars Inc.
Beth Hunter is the Assistant of Community Development Services, which complements the two existing departments (Development and Asset Management) by providing a variety of services including technical review of tax credit applications, assistance with compliance issues, predevelopment financing, and access to other resources such as New Markets Tax Credits. Before joining GLCF, Beth worked in various housing programs at the Michigan State Housing Development Authority, serving most recently as the director of MSHDA’s Low Income Housing Tax Credit Program. Beth is a graduate of Michigan State University with a major in Urban and Metropolitan Studies.
Don Klump is a Compliance Specialist for GLCF. Don has extensive experience in customer relations, account maintenance and servicing, wholesale auditing, and loan contract acquisition. Prior to coming to GLCF, Don worked as a senior customer service representative. Don holds a Bachelor of Science degree in Business Administration from Central Michigan University and an Associate of Arts degree from Delta College
Rick Laber, CPA, joined the GLCF in May 2006 as Managing Director of Asset Management. Prior to joining GLCF, Rick was with the Michigan State Housing Development Authority for five years. While at MSHDA, he served as the Director of Finance, Chief Underwriter, Acting Deputy Director, and Acting Executive Director. Rick also worked in the financial institution industry from 1992 through 2001 in various capacities, primarily as director of finance. From 1979 through 1992, he was with the international accounting firm of Ernst & Young, most recently as a senior manager in the audit department. He was responsible for the management of an audit practice specializing in the financial institution industry in mid-Michigan. Rick holds a Bachelor of Science in Business Administration from Central Michigan University and is a member of the American Institute of CPAs and the Michigan Association of CPAs. He has also completed the University of Notre Dame Executive Development Program and is certified as a Housing Development Finance Professional. Rick serves on numerous boards, including the Chair of the Board of a Michigan financial institution.
Nadja Lehman is the Executive Assistant to the CEO and COO and Human Resource Administrator for GLCF. Her previous experience includes her position as Legal Coordinator and Assistant Corporate Secretary for a major Michigan based development company. Ms. Lehman also held a position as an office manager for a real estate and development office in Sarasota, Florida.
Jim Logue is the Chief Operating Officer for GLCF, having joined the company in September of 2003 as Regional President. Immediately prior to coming to GLCF, Jim spent twelve years as Executive Director of the Michigan State Housing Development Authority. Jim comes to the GLCF with 32 years of work in affordable housing, including Executive Director of the New Jersey Housing and Mortgage Finance Agency, Director of Programs and Policy at the National Council of State Housing Agencies (NCSHA), and Deputy Assistant Secretary for Multifamily Housing Programs at the United States Department of Housing And Urban Development in Washington, DC. He also served as President of NCSHA and chaired its committee for "best practices" for the Low Income Housing Tax Credit. Nationally known as an expert in affordable housing, Jim has testified before congress on housing policy, and has assisted in the development of federal housing programs at the invitation of members of congress.
Jim currently serves on the board of directors of the Federal Home Loan Bank of Indianapolis, the board of the National Housing Trust, and the national board of the Corporation for Supportive Housing. He is also the President of the National Association of State and Local Equity Funds and the treasurer for the Community Development Associates of Michigan.
Patty is the Corporate Facilities Administrator for GLCF. She also assist the Asset Management and Development team. She also assist the Corporate Resources Manager in all facilities-related responsibilities. Prior to her current position Patty was the Receptionist for GLCF, LISC, CEDAM, Michigan Housing Trust Fund, and Habitat for Humanity. Patty and her husband owned a Carpet Cleaning and Janitorial Service for six years prior to moving to Lansing.
Kevin Merriweather joined GLCF as an Assistant Asset Manager for the Indiana office in 2006. He was born in Evansville, Indiana, was raised in Ft. Wayne, and is a veteran of the United States Army. Upon separation from the military, Kevin enrolled at Ball State University where he received a B.S. Degree in Marketing. He later went on to work for the Indiana Housing Community Development Authority for seven years. While at the Authority, he served as a marketing specialist, tax credit compliance monitor, and as a community development representative.
Vicki Mincey joined the GLCF Asset Management Team in May 2006. Vicki is GLCF's Director of Asset Management Operations since January 2007. She has over 15 years experience in financial management and over 19 years experience in real estate development and property management. Most recently, she was the CFO for the TM Group, Inc., and previously she was with Southwest Solutions as Director of Finance. She holds a Masters of Science degree in Business Administration and a graduate certificate in International Finance from Madonna University. Vicki specializes in financial modeling and business processes, both of which have been topics she has presented at annual conferences, including the Affordable Housing Conference in Lansing, and the Financial Professionals Conference in Chicago.
Will Nham is a Development Coordinator in the Detroit office of GLCF. He graduated from the University of Michigan Business School with an emphasis in Finance and Accounting before joining GLCF in June 2003.
Debbie O’Neal has been with Great Lakes since March of 2004 and is the Lead Closing Coordinator for the Fund. Prior to this Debbie lived in Sarasota, Florida, and was employed as the Business Manager of Prader-Willi Syndrome Association (USA). Debbie has worked in the non-profit industry for more than 20 years and brings administrative and management experience to the position. Debbie received her certification as a professional secretary in 1985 and has completed administrative management undergrad courses at Delta College in Saginaw, Michigan. Debbie continues to do volunteer work for the Prader-Willi Syndrome Association.
Chris Potterpin is an Asset Manager in the Lansing office since January 2007. He graduated from Michigan State University's Honors College in December 2004 with a degree in Finance and a concentration in Psychology. Chris worked as a property management accountant at PK Housing & Management for one year before joining the GLCF in January 2006.
Dennis Quinn is Regional President - SE Michigan. Prior to joining GLCF in November 2004, Dennis served for 8 years as the Executive Director of Southwest Housing Corporation in Detroit where he oversaw all aspects of residential and commercial real estate development activities. During his tenure, he increased the assets of the company from $500,000 to $38 million through the use of LIHTC, Historic Tax Credits, HOME funding and conventional financing. Prior to his work in Detroit, he served as an assistant professor of planning at Iowa State University and as the president of a real estate planning and development company in Orlando, Florida.
Letricia Rodriguez is the Administrative Coordinator for the Asset Management division. Letricia comes to us from Tier Technologies, Inc. as a Supervisor at the Michigan State Disbursement Unit (MISDU) where she was dedicated to the implementation continued success of the Customer Service Department. Letricia brings GLCF an extensive portfolio of skills which includes management with focus on process improvement plans, systems implementation, trend analysis, and procedure writing. Her professional experience also includes commercial real-estate leasing, human resources, and executive administrative support within the accounting industry with a focus in audit and tax. She owned and operated a local business for eight years in which she was committed to the involvement of several community events.
Katrina Roper is the Due Diligence Administrative Assistant in the GLCF Lansing office. Before joining GLCF, she worked as an information processor for USDA. She is currently working on a BA in Business Administration.
Jill is the Community Development Assistant in the Lansing office. Prior to working for GLCF, she worked as a credit analyst for a Michigan bank.
Terri Salas joined GLCF in January 2005 as an Asset Manager in the Lansing office. She graduated from The University of Michigan with a Bachelor of Business Administration. Terri earned her CPA license and worked in public accounting for six years. Prior to joining GLCF, she was the controller of a local development and construction company for ten years.
Aaron Seybert began his career at the Cap Fund in June of 2004 as an Assistant Asset Manager and was subsequently promoted to Asset Manager in the June 2005. He graduated with honors from Central Michigan University’s College of Business Administration with concentrations in Corporate Finance and Accounting. Currently he is pursuing a Juris Doctorate degree at Michigan State University College of Law and plans to graduate in May of 2009. Aaron has been involved in various leadership roles as the President of the Financial Management Association at Central Michigan University and Director of Finance for the Student Bar Association at Michigan State University College of Law. Honors include 1st place in the MSU Law all-school negotiation competition and 2nd place CMU/NASDAQ all-school investment challenge. Aaron is a member of the American Bar Association Forums on Affordable Housing and Community Development, Tax Law, and Business Law (respectively) as well as the Michigan Housing Council and the Tax Credit Coalition. Aaron’s work at the Cap Fund includes monitoring a portfolio of LIHTC investments, New Markets Tax Credit compliance and the GLCF Reserve Pooling product.
Jillyn Smith is a Development Coordinator with GLCF. Prior to joining GLCF, Jillyn worked as a Housing Development Officer for the Michigan State Housing Development Authority in the Multi-Family and Supportive Housing Divisions. She graduated from Michigan State University with a Financial Administration degree and from the University of Detroit Mercy with a Master of Business Administration degree and a Juris Doctorate degree. Jillyn volunteers as a pro bono attorney for the State Bar of Michigan for survivors of domestic violence.
Jerome Sullivan is the Regional President of Illinois – Wisconsin for GLCF. Jerome joined GLCF in June 2005 to help oversee GLCF’s entry into Wisconsin. He also assists with GLCF’s permanent mortgage financing program. Prior to joining GLCF, he was a Vice President for the mortgage operation of the Enterprise Social Investment Corporation and established an office in Chicago and oversaw midwest operations. Previously, Jerome worked for 10 years for the General Board of Pension and Health Benefits, a retirement plan sponsor with over $10 billion in assets. Jerome finished his tenure at the pension fund as Manager of Alternative Investments. He graduated with a Bachelor of Science in Accounting with a second major in Economics from the University of Illinois. Jerome is a Chartered Financial Analyst and a Certified Public Accountant.
Richard D. Swantek is the Director of Asset Stabilization for GLCF. Rich obtained his Certified Public Accountant license in 1980, and was employed in the public accounting sector working with the firm of Kirschner Hutton Perlin, P.C., which specialized in serving both the residential and commercial real estate industry. Most recently, Rich was the controller for a regional office of a worldwide advertising agency.
Deborah Toby joined the Great Lakes Capital Fund in July 2005 as Corporate Resources Manager. In this capacity, Deb is responsible for the functions of human resources, communications and marketing, information technology, risk management, and corporate administration. For the ten years prior to joining GLCF, Deb was employed with a global career transition and organizational consulting firm first as office manager, then as organizational consultant, and most recently as a sales and marketing consultant. In these roles, Deb used her ability to foster true partnerships to help organizations across a variety of industries build their human asset capabilities. Deb is a practiced facilitator in change management training and 360-degree assessment feedback in individual and group settings. She has extensive experience assisting individuals affected by corporate change initiatives in the areas of communication and career management. Deb earned a Bachelor of Science degree in Psychology at Fayetteville State University in North Carolina, and has completed graduate coursework at Michigan State University and Central Michigan University. Throughout her career, Deb has been a motivating agent helping individuals accept personal responsibility for career development. Deb actively serves her community as a member of the board of directors for Haven House in East Lansing, and on the board of directors for Junior Achievement of Mid-Michigan.
Victor Vasquez is Assistant Director of Community Development for the Great Lakes Capital Fund. Prior to joining GLCF in October 2006, Victor was employed by the City of Grand Rapids Michigan, where he served as Assistant City Manager of Planning and Community Development for six years, Assistant City Manager of Neighborhood Services for seven years, and Community Development Director for nine years. Victor has considerable experience in neighborhood revitalization through the administration of numerous federal resources including Community Development Block Grants, HOME, Emergency Shelter Grants, and Local Law Enforcement Block Grants. As a volunteer he has served on numerous local, state, and national boards, including GLCF’s, which he chaired for six years. He currently serves on the boards of the Metro Health Hospital, International Hispanic Network, and the Grand Rapids Family Credit Union. Victor received a BA Degree in Business Administration from Saint Mary of the Plains College and completed graduate coursework in Public Administration at the University of Kansas.
Katie Vondra started her professional career in 1996 in Property Management as a leasing agent while attending Michigan State University. After receiving her degree from the College of Arts and Letters in 1997, she continued to work in multi-family conventional housing as a property manager and later as a senior property manager focusing on troubled properties. In 2002, she moved to the student housing arena where she worked in management, development and finance. She moved into the affordable housing field in March 2006 where she worked as the business manager for a local management company until joining the Cap Fund in October 2007. She served on the Property Management Association of Mid-Michigan’s Board of Directors for three years and held the position as Secretary for one year. She holds a State of Michigan Broker’s License.
Timothy Watson is the Accounting Specialist in the Corporate Office in Lansing, Michigan of the GLCF. Tim earned a Bachelor of Business Administration in Accounting from the University of Michigan in 1988. Prior to joining the Capital Fund, Mr. Watson he served 14 years as the Financial Manager and Auditor of the State of Michigan Department of Corrections where he assisted in various departments overseeing a range of responsibilities that included formulating budgets and spending plans, formulated annual spending plan, conducting financial, performance, operational audits of 48 facilities, and the supervision of staff auditors. During his service, he formulated an annual spending plan of $22 million for the Ionia Maximum Correctional Facility of Michigan. Prior to his work at the State of Michigan, he served as a staff auditor at the Ford Motor Company and oversaw the North American sales operations. Tim has 17 years of accounting and financial management experience and is an accomplished manager of budgets in excess of $20 million.
Since January 2004, Mary Welch has served as an Asset Manager at the Great Lakes Capital Fund, a non profit community development finance organization. Mary started in the field of professional property management in 1998 as a leasing consultant. For the next six years, Mary served in several capacities such as site manager, regional trainer, marketing director, and director of property management. Mary also worked as an industry consultant, providing one-on-one and group training, mystery shopping services, performance analyses, and project management assessments for owners and management companies. Mary also served on the boards of directors for the Property Management Association of Michigan and Mid-Michigan from 1999 to 2003.