2016-2017 Officers

 

Ted Rozeboom
President

With an extensive knowledge of housing finance with an emphasis on low income housing tax credits, Ted S. Rozeboom brings experience in state and federal government to the Loomis Law Firm. His practice handles affordable housing developments, historic preservation, federal and state historic tax credits, community development and real estate tax exemption. Mr. Rozeboom has been a frequent speaker to various trade associations on affordable housing, community development and tax credit issues.

A graduate of George Mason University School of Law, Mr. Rozeboom spent more than 20 years with various state and federal agencies and committees including the Michigan State Housing Development Authority and the U. S. Senate Committee on Banking, Housing and Urban Affairs.
Mr. Rozeboom joined the Loomis Law Firm in 2006 and became a shareholder in 2008.

 

Jennifer Everhart
Vice President

Jennifer A. Everhart serves as Executive Vice President and is the Chief Underwriter of Cinnaire. Ms. Everhart has been with the Fund since 1997, and has 20 years of experience in affordable housing, community development and technical assistance to nonprofit organizations.  Cinnaire has channeled more than $3 billion of equity and debt into affordable housing developments in Michigan, Indiana, Wisconsin, Illinois, Minnesota and Delaware. Ms. Everhart is responsible for overseeing the underwriting and investment of equity and debt for Cinnaire. Prior to joining Cinnaire, she worked at the Michigan State Housing Development Authority administering technical assistance programs to nonprofit housing development corporations and local units of government. Before working in Lansing, Ms. Everhart worked in Detroit for a community development corporation where she helped package applications for several Low Income Housing Tax Credit financed developments. Ms. Everhart earned a Bachelor of Science in Finance from Oakland University in Rochester Hills, MI and took post graduate coursework at Pratt Community Economic Development Institute in Brooklyn, NY.

 

George Kandler
Vice President

Mr. Kandler is ASTI Corporate Vice President and Managing Director of ASTI's Property Services Group. He is on the Environmental Task Force of the MHC Development-Finance Committee. Mr. Kandler has been an environmental consultant for 38 years with involvement in providing due diligence services to developers, attorneys, and lenders in the affordable housing industry for the past 26 years, including low income housing tax credits (i.e. MSHDA, OHFA) and federally-funded programs (i.e. HUD, RD, Freddie Mac). He is a member of the Michigan Association of Environmental Professionals and ASTM International.

Mr. Kandler has a BS from Michigan Technological University and an MS from Michigan State University. He is an Environmental Professional per All Appropriate Inquiry, Certified Hazardous Materials Manager, Michigan accredited Asbestos Inspector, Management Planner, and Project Designer, Ohio Asbestos Evaluation Specialist, and 40-Hour HAZWOPER. He is also a PADI Master Scuba Diver.

 

Gerald Krueger
Vice President

Gerald A. Krueger is the President, founder and sole shareholder of American Community Developers, Inc. Mr. Krueger has participated as a principal in the development, acquisition and rehabilitation of various real estate properties including over 11,000 multifamily units in 10 states. ACD was founded in 1980 and has been primarily involved in the preservation of existing affordable housing developments and the revitalization of the properties from both the owner's and tenants' perspective. ACD is the parent corporation to St. Clair Construction Company, a general contractor that specializes in apartment rehabilitation.

Mr. Krueger received his undergraduate degree from the University of Michigan and an MBA from the University of Detroit. He is currently an Active Member in the National Leased Housing Association and currently a board member on the Michigan Housing Council.

 

Karen Mead
Vice President

Karen Mead is the Vice President of Business Development for KMG Prestige. For over 25 years she has been intensively involved in the property management industry. Karen is currently responsible for growth associated with third party real estate investment management and consulting of our current and future clients. Previously Karen held the position of Vice President of Property Management with Keystone Management Group where she was responsible for supervision of eight Regional Property Managers, consisting of over 8000 units. In 2007, she acquired an ownership interest in that company and was instrumental in its growth. During the course of her career, she has been involved in virtually every aspect of the property management industry. Karen’s experience includes a full spectrum of operations with all programs associated with the affordable housing arena, as well as market rate developments. Karen specializes in assisting and directing ownerships with new construction, including underlying financial strategies. And has an extensive understanding of real estate finance and the LIHTC program. Karen is a high-energy individual who is committed to providing unparalleled customer service and maintaining exceptional client relationships.

 

Elaine Simpson
Secretary

Elaine Simpson is the Owner of Occupancy Solutions, LLC, an operations, leasing, marketing, and training specialist company.
Elaine Simpson has been employed in the housing industry since 1986. Starting on site as a leasing agent, she moved up, working as assistant manager, site manager, executive director and finally senior regional manager with communities in several states and portfolios containing more than 1400 units. Ms. Simpson has worked for local and national industry leading companies and throughout her career, has trained new managers across the country, assisted in creating “Best Practices” and procedure manuals, participated in numerous task forces during national mergers, acquisitions and dispositions and headed “turn around” teams assigned to troubled communities, successfully increasing income while decreasing expenses and allowing the property to recover economic viability.

With almost 30 years of experience in the multi family industry, Elaine Simpson founded Occupancy Solutions, LLC to provide on site operations, human resources, housing program compliance, maintenance, marketing, leasing, training and consulting services for multifamily professionals of market rate, senior and affordable housing communities throughout the United States. Occupancy Solutions assists communities by providing proven, cost-effective techniques and strategies that achieve increased occupancy, improve resident retention, minimize expenses and increase net operating income.

Ms. Simpson is a licensed real estate broker in Michigan and Arizona, a Certified Senior Real Estate Specialist, a National Apartment Association Education Institute Faculty Member, an Accredited Resident Manager and a Certified Assisted Housing Manager. Occupancy Solutions is proud to be a Women Business Enterprise Network certified business.

 

Robert Edwards
Treasurer

As leader of Plante Moran’s housing and community development solutions practice, Rob serves a wide range of clients involved in numerous facets of the industry, from corporate investors to syndicators to developers. This variety allows him to bring a well-rounded perspective to his client engagements.

Rob has been involved in the housing and community development industry for more than 20 years, including more than three years on the management team at a large regional tax credit syndicator. Most recently, he’s been advising clients involved in structuring new deals with multiple layers of incentives, including low-income housing credits, new markets tax credits, historic rehabilitation credits, and state incentives.

Rob is known for his ability to leverage his experiences and expertise in order to provide top-notch advice to his clients. He is collaborative and well-connected, which results in his ability to provide practical solutions and sound technical advice.

Rob is often asked to speak at industry conferences and events about a variety of current topics in the arena of financing projects with multiple incentives. He has a B.S. in accounting from Central Michigan University.

 

Mark McDaniel
Chairman

Mark S. McDaniel is the President and CEO of Cinnaire. Mr. McDaniel, who received his B.S. in Urban Planning from Michigan State University in 1977, brings with him over 35 years of experience in the areas of affordable housing, community development, urban planning and market research, formerly serving as Vice President and President of a major development company in Michigan, and as Director of Development for another statewide nonprofit housing corporation. Since his tenure with Cinnaire’s inception in 1993, Mr. McDaniel has raised and committed over $3.5 billion of loans and equity for affordable housing and economic development. He has diversified Cinnaire to provide access to permanent debt financing, construction lending, technical assistance, predevelopment lending, structured financing, youth leadership training, and title services. He led the geographic expansion of Cinnaire to now include a service area of Michigan, Indiana, Illinois, Wisconsin, Minnesota, New Jersey, Maryland, Pennsylvania, Up State New York, Delaware, Mississippi, and Louisiana.

In addition, McDaniel has served on the Board of Directors of a number of nonprofit organizations which advocate on behalf of affordable housing, including President of the Michigan Housing Council, past President, National Association of State and Local Equity Funds (NASLEF); Board Member, Fifth Thirds Community Advisory Forum; Board Member, Habitat for Humanity of MI; Treasurer, Michigan Magnet Fund; Vice Chair, Art of Leadership Foundation; Board Member, Community Economic Development Association of Michigan (CEDAM); Member, Corporation for Supportive Housing State Advisory Committee; Board Member, National City Community Development Association; and, former Chairman and Board Member, Federal Home Loan Bank of Indianapolis Affordable Housing Council.

Mark was the recipient of the Entrepreneur of the Year Award from the Greater Lansing Business Monthly and in 2008 received the Governors Corporate Service Award. In 2011 he was awarded the Michigan Habitat for Humanity’s Bernice Bensen Award recognizing his long service and commitment to Habitat for Humanity, and he was appointed by Michigan’s Governor to serve on the Children’s Trust Fund Board of Directors in 2012. He was also the recipient of the prestigious Terry R. Duvernay Award for 2013. The award recognizes lifetime achievements as a leader in the affordable housing industry. He also serves as a member of the Michigan State University Urban Planning Alumni Advisory Board and as a Board Member of the Seminary Consortium for Urban Pastoral Education (SCUPE). In 2016 Mark was Honorary Chairman of the Martin Luther King Holiday Celebration Commission, received the 2014 and 2016 National Nonprofit of the Year Award and 2014 and 2015 Coolest Places to Work Award from Crain’s Detroit Business.