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untanglingwebs
El Supremo
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ins&out
F L I N T O I D
untangled...
research the connection between ginosko dev., lansing (not milford), mike brown & great Lakes capital fund, oh & prima civitas foundation
the choosing of ginosko will become clear.
Wed May 30, 2012 9:46 am |
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Thu May 31, 2012 3:47 pm |
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John J. Hayes
CEO of Ginosko Development, Inc.
Providing affordable multiple and single family housing John Hayes has been developing affordable single and multi-family housing in Michigan, Ohio, and Illinois for nearly 30 years. He currently has management and owner responsibilities for over 5,000 apartment units.
His has created 15,000 units, generating over $750 million in debt financing and over $250 million in equity financing.
He was past president of the Michigan Housing Council and currently serves as the sole developer on the advisory board of the Great Lakes Capital Fund.
Graduating from the University of Detroit, he received his CPA credentials working at a large public accounting firm prior to his real estate development career.[/b] |
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Thu May 31, 2012 3:50 pm |
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Amin Irving, 31
By Robert Ankeny
Crain's Business Detroit
President Ginosko Development Co., Milford
Biggest achievement: Deciding to leave investment banking in New York City at age 22 without job leads in Michigan. Created a development company to own and/or manage affordable housing.
Current goal: To create diversity in revenue streams and increase efficiency of business processes to reach 50 percent revenue growth and retained earnings for the next three years.
Amin Irving’s Milford-based Ginosko Development Co. has grown revenue from just over $1.1 million after its founding in 2002 to more than $5.1 million last year.
Among Ginosko’s deals has been New Center Pavilion, a 71-unit Detroit apartment building that used $3.5 million in tax credits and also is seeking a $1 million Detroit Home Funds grant.
Other projects have include Willow Vista, a 52-unit complex in Lansing; Northville Farms, with 525 units; and Spring Lake Village in Pontiac, a 250-unit project.
He also has done two 100-unit HUD Section 8 projects in Chicago, Springgrove Tower and Parkview Tower, and Springview Tower in Battle Creek. He currently works on Devon Square Apartments in Ferndale, a joint venture with Brighton-based Unified Property Group L.L.C.
Irving holds a bachelor of business administration in finance and real estate from the University of Michigan’s Stephen M. Ross School of Business.
His work in New York for Citigroup’s real estate equity division included financial analyses for sale-leaseback and synthetic lease deals of more than $450 million that included work for Huntington Bank and Samsung properties.
Irving has served on the board of FLECS Inc. (Financially Liberated Extra Curricular Students). |
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Thu May 31, 2012 3:56 pm |
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THE OBSERVER CAYMAN FREE PRESS
Tax credits for housing
Business and Finance
13 February, 2011
Melbourne Apartments is a new 84-unit building in Des Moines, Iowa, where a three-bedroom apartment rents for $775 a month but comes with restrictions – a family of five, for example, can earn no more than $47,460 a year. What is remarkable about this otherwise modest project is that the equity came from the search-engine giant Google, whose Mountain View, California, headquarters are more than 2,414 kilometres away.
The investment by Google and other large corporations in Melbourne Apartments and similar projects is one reason a cloud of gloom has lifted for developers of income-restricted housing. These developments depend heavily on low-income-housing tax credits, which provide the equity that makes the difference between whether a project gets built or not.
Created more than two decades ago to instil market discipline into the development of subsidized housing, low-income-housing tax credits are allocated by the federal government and awarded by the states to projects that meet strict requirements. Developers sell the credits to investors – generally financial institutions – that are seeking to reduce their federal income tax over a 10-year period. The banks have another incentive, because investing in tax credits helps them fulfil their obligations under the Community Reinvestment Act to invest in poorer neighbourhoods where they have customers.
But after the collapse of Lehman Brothers, “the banks were focused on their long-term liquidity,” rather than on offsetting profits, said income-restricted housing expert, Michael Novogradac, the managing partner in the San Francisco office of Novogradac & Co. Fannie Mae and Freddie Mac, which had been major investors in tax credits, stopped buying them in 2007. Weakened demand for tax credits led to lower prices, which made them less valuable to developers.
But if you can buy $1 worth of tax credit for 59 cents, you are getting a better return on your investment. That made the credits attractive to a new class of investors looking for double-digit yields. In addition to Google, new investors include Verizon and the insurance companies Liberty Mutual and Allstate, said James L. Logue III, chief operating officer of Great Lakes Capital Fund, in Lansing, Michigan, which invests in income-restricted housing in the Midwest and upstate New York
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Now that the pool of investors has grown and many financial institutions are once again healthy, prices for tax credits are rising and many long-delayed projects are getting under way
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John Hayes, the chief executive of Ginosko Development Co. in Milford, Michigan, said he waited almost two years to begin a $7.7 million rehabilitation of Devon Square, a 1970s garden apartment complex in Ferndale, Michigan, a suburb of Detroit. “We closed five deals in 2008, and then we had nothing from September 2008 on,” Hayes said. “Our next closing was in April 2010.” Great Lakes provided more than $3 million credit equity.
Some tax credit specialists say that coastal states have an unfair advantage over other regions where the need for this type of housing is just as pressing. In the Midwest, for example, the going price for a dollar’s worth of tax credits is about 70 cents or so, with some metropolitan areas getting 80 cents, Logue said. In New York, by contrast, Capital One Bank is paying 97 cents on the dollar for about $29 million worth of tax credits for Sugar Hill, an ambitious project that will replace a former garage on 155th Street between Saint Nicholas Avenue and Saint Nicholas Place in Harlem. Just two years ago, though, a dollar’s worth of tax credits in New York was selling for about 20 cents less, said William Traylor, the president of Richman Housing Resources, a New York-based division of the Richman Group of Greenwich, Connecticut, which brought together Capital One Bank and the Sugar Hill developer, Broadway Housing Communities.
Joe Hagan, the president and chief executive of the National Equity Fund, a nonprofit based in Chicago that raised $800 million in tax credit equity last year, said he favoured a regional approach so that a financial institution with branches only in New York could fulfil its community reinvestment duty in Albany.
A second reason for the spread in tax credit prices is the perceived risk in communities where market-rate housing has declined in value. Tax credits are forfeited if a foreclosure occurs.
But for certain types of cash-rich investors, the riskier markets have presented a lucrative opportunity because of the high returns. Robert J. Wasserman, the managing director for tax credit syndications at U.S. Bancorp, said he had logged 273,588 kilometres since a 2009 meeting with potential new investors like Google. The bank arranged an $86 million fund for Google to invest in 480 income-restricted apartments in the Midwest and California, including the Melbourne Apartments in Des Moines.
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Thu May 31, 2012 4:02 pm |
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| THE NEW YORK TIMES PRINTED THE ABOVE STORY IN JANUARY OF 2011 |
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Thu May 31, 2012 4:05 pm |
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untanglingwebs
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2010-2011 Officers MICHIGAN HOUSING COMMISSION
Amin Irving, Ginosko Development
MHC President
Mr. Irving is the President of Ginosko Development Company and is responsible for the overall performance and operation of all divisions of the GDC family of companies. Mr. Irving oversees the selection of various locations, the preliminary feasibility analyses, the purchase negotiation of projects, landscaping and architectural design, municipality processing and debt and equity financing.
Mr. Irving has had previous work experience which includes Investment Banking in New York City, where he has gained sagacity in effectively and efficiently operating development projects. In Citigroup's Real Estate Equity Division, Mr. Irving conducted various financial analyses for Sale-Leaseback and Synthetic-Lease deals valued over $450 million. Some notable deals include Huntington Bank and Samsung properties.
Mr. Irving was awarded the prestigious Crain's Detroit Business Top 40 Business Person's under 40 years old. Amin graduated from the University of Michigan Business School in Ann Arbor majoring in Finance and Real Estate. He was the recipient of the University of Michigan Achievement Award.
Amin is the proud husband of Tiffaney Irving.
Mark McDaniel, Great Lakes Capital Fund
MHC Vice President
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.
Robert Edwards, Plante & Moran
MHC Treasurer
Mr. Edwards serves clients involved in management, development and investment of various tax credit and regulated entities including low-income housing tax credits, historic tax credits, new markets tax credits, and MSHDA, RD, and HUD-financed properties, including audit and tax services. Additionally, he provides consulting services including review of financial projections for investors, preparation of financial projections for developers and investors, and entity structuring consultation. He is a member of the Michigan Association of CPAs (MACPA) and the American Institute of CPAs (AICPA).
Ted Rozeboom, Loomis, Ewert, Parsley, Davis & Gotting
MHC Secretary
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.
Sheldon Winkelman, Honigman Miller Schwartz & Cohn
MHC Chairman
Mr. Winkelman has more than 45 years of experience of working in a wide variety of commercial real estate and financing transactions with an emphasis on government-assisted housing. He represents developers, institutional lenders, property owners and managers, borrowers, and investors involved in the acquisition, construction, financing, syndication, management, operation and disposition of real estate activities. He was listed in the Best Lawyers in America 2008 and the 2007 Michigan Super Lawyers. |
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Thu May 31, 2012 4:08 pm |
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About the Michigan Housing Council
The Michigan Housing Council (MHC) is one of the oldest statewide associations of affordable housing professionals in the United States. The MHC is comprised of owners, developers, managers, general contractors and subcontractors, architects, engineers, attorneys, financial groups, insurers, accountants, market analysts, tax credit syndicators, and other consultants, non-profits and businesses involved with Michigan’s affordable housing industry.
Founded in 1989, the MHC is a non-profit organization dedicated to the development, financing, management, and rehabilitation of affordable housing in Michigan. To that end,
members and consultants from Muchmore Harrington Smalley & Associates work closely with the Michigan State Legislature, the Michigan State Housing Development Authority, and the Snyder Administration to develop sound public policies on issues of importance to the affordable housing industry.
Recent issues the MHC has been active in include the following:
ü Management Fee Adjustments – with MSHDA
ü Withholding Tax Rules Changes – with MSHDA and Treasury
ü Qualified Allocation Plan Qualifications and Process – with MSHDA
ü Insurance Coverage Guideline – with MHSDA
ü Property Management Licensing – with the Michigan Association of Realtors
ü Market Studies – with MSHDA
ü Standards of Design and Energy Code – with MSHDA and the State Legislature
ü MSHDA Strategic Planning Initiative
Download the 2012 Membership Application here |
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Thu May 31, 2012 4:12 pm |
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GREAT LAKES CAPITAL FUND
Board of Directors
Wendell Johns - GLCF Board Chair
Retired
Washington D.C.
Wendell L. Johns retired from Fannie Mae as Vice President for Multifamily Housing in May 2005. During his 17 years at Fannie Mae, he helped direct its development of an industry-leading portfolio of community development and affordable rental housing assets, which included:
Wendell L. Johns retired from Fannie Mae as Vice President for Multifamily Housing in May 2005. During his 17 years at Fannie Mae, he helped direct its development of an industry-leading portfolio of community development and affordable rental housing assets, which included:
Establishing Fannie Mae as the leading national corporate investor in rental housing qualifying for the low-income housing tax credit (including historic tax credit) resulting in major contribution to Fannie Mae's profitability
Played a critical role in creating tools for the industry including: the first single investor equity fund, capitalizing some of the premier state and local equity funds and the potential recapture exclusion being considered by Congress to promote affordable housing preservation.
Pioneered housing finance models that later became Fannie Mae's American Communities Fund, including: historic tax credit equity investments; stock purchases of community development financial institutions; lines of credit to community development corporations; permanent debt products used to preserve rural rental housing.
Promoted and led the effort to expand permanent debt products to the affordable rental housing market, including tax-exempt bond purchases and bond credit enhancement.
From 1978 to 1988, Mr. Johns was chief financial and administrative officer for a number of divisions of Oxford Development Corporation in Indianapolis, IN and later in Bethesda, MD. From 1974 to 1978, he was an auditor, rising to the level of supervisor, with Coopers & Lybrand in Indianapolis, IN.
He serves on the boards of the American Red Cross of the National Capital Area (previously as volunteer board chair), the Great Lakes Capital Fund, and Girls, Inc. of the Washington DC Metropolitan Area.
A trained CPA, Mr. Johns holds a BS from Indiana University and an MBA from the University of Notre Dame.
Johns is recently retired as Executive Vice President and Chief Financial Officer of The NHP Foundation – a nonprofit owner and operator of affordable rental housing in 11 states including New Orleans, LA.
Michael J. Taylor - GLCF Board Secretary/Treasurer
Senior Vice President/Western Territory Executive
PNC Bank
Cleveland, Ohio
Michael J. Taylor is senior vice president, Western Territory Executive, for PNC Bank. He is responsible for community development and CRA activities for Ohio, Michigan, Indiana, Illinois, Missouri and Wisconsin. Prior to this he was the president and executive director of the National City Community Development Corporation, the first community development corporation founded by a financial services company. The Community Development Corporation invested more than $1.5 billion in revitalizing neighborhoods. National City's investments in these projects have led to total investments of $11.9 billion and have helped create more than 83,261 new and rehabbed housing units.
Mr. Taylor has experience in both private and public sector community and economic development, as well as twenty-five years of banking experience. He is a graduate of Central Michigan University with a bachelor's degree in Business Administration and a master's degree in Administration. He is also a graduate of Robert M. Perry School of Banking. He was awarded a 2000 National City Bank of MI/IL Excel Award, the highest recognition award an employee can receive, for outstanding contributions and service to the community.
James S. Bernacki - GLCF Director
First Vice President and Group Manager
Comerica Community Development Center
Detroit, Michigan
Mr. Bernacki has worked in a variety of different capacities during his thirty year career at Comerica Bank. He started in the branch management training program and soon moved into the commercial banking division. There he was part of a team of lenders that started the Small Business Department. While in Small Business, Bernacki was responsible for re-establishing Comerica Bank's SBA program that quickly reached the government's highest status of Preferred. In 1992, he started a subsidiary, Comerica Community Development Corporation, that focused exclusively on delivering financial solutions to community development projects. Over the course of time, that activity became more specialized in tax advantaged financing. Today, Bernacki is the department manager for Community Development Finance. There he guides the wholesale distribution of capital to the affordable housing industry and equity investments to historic rehabilitation developments.
Photo Coming Soon...
Catherine A. HCawthon - GLCF Director
President
Fifth Third CDC
Dublin, Ohio
Bio coming soon...
William C. Perkins - GLCF Director
Executive Director
Wisconsin Partnership for Housing Development
Madison, Wisconsin
Bill Perkins is the Executive Director of the Wisconsin Partnership for Housing Development. The Partnership expands affordable housing opportunities and revitalizes neighborhoods by creating partnerships between the private, public and nonprofit sectors. Bill has over 40 years of experience in affordable housing development, finance and policy development.
Under Bill's direction, the Partnership has developed or been a development consultant for 800 rental and sale homes; provided training, technical assistance and consulting services to more than 120 nonprofit and for-profit companies and over 30 local and state governments; The partnership created and managed seven financing programs that provided over $60 million in debt and equity financing; and managed more than $25 million in down payment assistance or counseling to over 11,000 low- and moderate-income households. To date, the Partnership has providing housing assistance to over 14,000 households.
James Stretz - GLCF Director
Senior Vice President
National Housing Group
Denver, Colorado
James is senior vice president with George K. Baum & Company with more than 16 years experience working in the housing finance industry. Prior to joining the firm, Mr. Stretz served as Executive Director of New Mexico Mortgage Finance Authority for 14 years. Most recently he served a two-year term as president and CEO of Arizona Family Housing Fund. Mr. Stretz is a former board member and treasurer of the National Council of State Housing Agencies, a past member of the Fannie Mae National Housing Impact Advisory Council and served on the Federal Home Loan Bank's Affordable Housing Advisory Committee of Dallas. He is a past recipient of the NCSHA Leadership Award and the National Social Compact Award. He holds an MBA from the Anderson School of Business at the University of New Mexico, and a BS in economics from Colorado State University.
Donald F. Tucker - GLCF Director
Of Counsel
Clark Hill PLC's
Landrum, South Carolina
Government and Public Affairs Practice Group. Mr. Tucker’s areas of practice have included complex litigation, real estate, corporate, municipal, and government relations. Mr. Tucker served as Legislative Counsel to United States Senator Philip A. Hart in Washington, D.C. in the mid-1970s, and has been engaged in the private practice of law since that time. He has several published articles including “Successfully Managing Client Expectations,” (Michigan Bar Journal, March 1998); “Litigating Tortious Interference Claims” (The Brief, 1998); “Investing in Justice; How Plaintiffs are Selling Shares to Finance Their Commercial Lawsuits” (The Brief, 1992); and “Traps to Avoid when Drafting Auditor Response Letters” (The Brief, 1993).
Mr. Tucker served as Chairman of the Board of the Michigan State Housing Development Authority from 1984 to 1992 and remained on the board until 1994.
He was a Commissioner of the State Bar of Michigan from 1999 until 2002 and was President of the Oakland County Bar Association from 2002 to 2003. Additionally, Mr. Tucker has been a faculty member of the Detroit Bar Association Annual Securities Law Seminar for several years and has lectured at three national ABA conventions. He is also a past president of The Detroit Swedish Council and past chairman of the Board of Directors of the Swedish American Chamber of Commerce-Detroit Chapter.
Paul J. Weaver - GLCF Director
Senior Vice President and Chief Accounting Officer
Federal Home Loan Bank of India
napolis
Indianapolis, Indiana
Mr. Weaver served as senior vice president and chief accounting officer for the Federal Home Loan Bank of Indianapolis until March 2009. He joined Federal Home Loan Bank in 1984 and served in several capacities including overseeing the Community Investment/Affordable Housing, Information Technology, and Financial Controls Divisions for the bank. Mr. Weaver currently operates his own accounting practice, providing consulting and tax services. Mr. Weaver is a CPA and he has a BS degree in Mathematics from Purdue University and and MBA from Indiana University.
Great Lakes Capital Fund | Privacy Policy |
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Thu May 31, 2012 6:41 pm |
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El Supremo
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Services of Great Lakes
Our ServicesTax Credit InvestingFederal Historic Tax Credits
State Tax Credits
Low Income Housing Tax Credits
New Markets Tax CreditsCapFund New Markets, LLC
Project History
Advisory Board
Fund Management and Other Services
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Thu May 31, 2012 6:43 pm |
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untanglingwebs
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History of GLCF in the State of Michigan
In Michigan, Great Lakes Capital Fund has offices in Lansing and Detroit. The Lansing Office is located at 1000 S. Washington and houses Development and Asset Management staff that serve communities throughout Michigan and also help, as needed, in other states. The Lansing office also serves as the hub for our main support services: Investor Relations, Fund Management, Accounting, Underwriting, IT, and Personnel for the four-state region.
Affiliated organizations such as Capital Fund Services (Consulting Services), Capital Fund Title Services (Title Policies), Capital Fund Investment Corporation (Permanent Mortgage program), Property Stabilization (Management of troubled properties), Michigan Magnet Fund (manager of New Market Tax Credits), and CapFund New Markets LLC (recognized as a CDE by the New Markets program) also operate out of the Lansing Office.
The Southeast Michigan office is located at 3627 W. Vernor in Detroit's Mexicantown neighborhood. Staff for Asset management and Development for most of the Southeast Michigan communities is housed in the Detroit office. Although the portfolio of the Great Lakes Capital Fund is constantly growing, as of August 2007, an investment of $268,489,727 has leverage almost half a billion dollars in 66 communities to create close to 4,000 affordable homes, in Detroit alone.
Outside Detroit, Great Lakes Capital Fund has invested an additional $365,941,431 to leverage over a billion dollars of development in 134 cities and townships throughout the state. This has funded over two hundred communities for a total of about 13,500 affordable homes!
GLCF also has been certified as a Community Development Financial Institution (CDFI) and serves as manager for Michigan Magnet Fund to administer a $60 million allocation of New Markets Tax Credits. |
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Thu May 31, 2012 6:48 pm |
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FARO was started by Mike Brown in 2009 when he left as the Acting Mayor of Flint.
Flint Area Reinvestment Office assists public, private and nonprofit organizations with successfully attracting and utilizing federal and state funding for the Flint area.
FARO was established with support from prominent area philanthropic organizations including the Charles Stewart Mott Foundation, the Ruth Mott Foundation, the Community Foundation of Greater Flint and the United Way of Genesee County.
The Flint Area Reinvestment Office is now a part of the Prima Civitas Foundation.
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Thu May 31, 2012 6:55 pm |
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FARO
Recent Awards in Genesee County*
•Kettering University: $150,000 for Entrepreneurial Support Services, MEDC
•Mass Transportation Authority: $5,187,500 for State of Good Repair, FTA
•Mass Transportation Authority: $3,000,000 for Bus Facilities Livablity Initiative Program, FTA
•University of Michigan-Flint: $1,195,405 for Health Careers Opportunity Program, HHS
•Metro Community Development: $1,092,080 for Metro Flint YouthBuild Program, DOL
•Mott Community College/Career Alliance: $200,000 for GHHI Career Pathways, National GHHI
•City of Flint Master Plan: $1,500,000 for Community Challenge Planning Grant, HUD
The Flint Farmers' Market has undergone some recent upgrades to ensure the endurance of one of Flint's greatest treasures.
Renovated First National Bank building
Recovery Act Funding in Michigan
The Recovery Act includes funding around the following areas: Direct to Citizens, Education, Energy, Human Services, Infrastructure, Public Safety, Workforce, Natural Resources and Health Care. Please click here for a detailed list of specific programs being funded.
The State of Michigan** has been awarded $8,790,453,527 in funding through the Recovery Act. This has created or saved 12,779 jobs.
The 5th Congressional District in Michigan*** (which includes all of Genesee and Tuscola counties and the southeast portion of Bay County as well as the eastern portion of Saginaw County) has received $179,306,851 in grant funding through the Recovery Act. This has created or saved 147 jobs.
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*As of 6/22/11, according to www.michigan.gov/recovery
**As of 6/22/11, according to www.recovery.gov
***As of 6/22/11, according to http://www.fedspending.org/
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503 S. Saginaw Street, Suite 1200 --- Flint, MI 48503-1851
Phone (810) 962-6807 --- Fax (810) 766-1748 --- Email info@reinvestflint.org |
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Thu May 31, 2012 6:57 pm |
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About Us
The Flint Area Reinvestment Office has a short-term and long-term mission, both centered around facilitation and bringing resources to the area.
Short-Term Mission: Assist local organizations of all types, including governmental agencies, schools and community nonprofits in identifying, accessing and utilizing federal and state funding available to the community.
Long Term Mission: Assist the community in developing a regional strategy to further develop economic recovery activities with particular emphasis on public-private collaborations.
FARO is located in the Mott Foundation building in downtown Flint.
Jason Caya
Jason is the Director of the Flint Area Reinvestment Office. His specialty is facilitating community and economic development. He brings experience identifying funding opportunities, providing project management, and developing strategic plans. He is also the co-founder of Ek Duniya India, a nonprofit organization that works to connect a network of women in India with resources ranging from banking, healthcare, and education. Jason graduated from the University of Michigan's Ross School of Business with a Bachelor of Business Administration in 2006.
Jason Caya can be reached at (810) 962-8066 or jcaya@reinvestflint.org
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Deb Loader
Deb is the Project Specialist at the Flint Area Reinvestment Office. Along with assisting the team on the many diverse community projects, she manages the E3 Innovation Network that is hosted by the Genesee Regional Chamber of Commerce (GRCC). Before joining FARO, Deb worked for the Genesee Region Chamber of Commerce (GRCC) researching grant opportunities and writing grant proposals for a variety of programs and projects.
Prior to GRCC, Deb was the Executive Vice President of Communication Access Center for the Deaf and Hard of Hearing, Inc. (CAC). During her 20+ years with CAC, she was instrumental in successfully growing the business from an annual budget of $300,000 to $50,000,000 with global operations. Deb graduated from the University of Michigan-Flint - Bachelor of Business Administration with Distinction.
Deb Loader can be reached at (810) 962-8067 or dloader@reinvestflint.org |
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Thu May 31, 2012 7:00 pm |
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Brown, Mike
Email: m.brown@primacivitas.org
*Mike began a leave of absence with the Foundation on December 1, 2011.
Michael K. Brown is a Flint native with more than 35 years of experience in public service in both government and the non-profit sector.
He was born and raised in the City of Flint, where he attended and graduated from St. Michael’s School. Michael attended Mott Community College and Saint Louis University earning a Bachelor’s degree in history from Western Michigan University in Kalamazoo, Michigan. He furthered his education with Master’s Degree in International Relations from the University of Stockholm in 1974.
Michael returned to Flint in 1974, where he and his wife, Linda, opened a child care center, (Mamas and Papas) which they operated for five years.
He was elected to the Genesee County Board of Commissioners and spent four years in county government, chairing the Board in 1983 and 1984. He left the Board of County Commissioners to work for the Michigan Association of Counties, representing the public policy interests of all 83 counties in Michigan.
Michael has also worked in Flint Mayor Matt Collier’s administration as Director of Intergovernmental Relations, and Director of Community and Economic Development
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Michael left local government in 1991 to work in the non-profit sector for 17 years. He presided over the Red Cross in Genesee and Lapeer Counties and was President of the United Way of Genesee County in Flint and the Capital Area United Way in Lansing, Michigan.
In addition he has served as the Executive Vice President at the Genesee Regional Chamber of Commerce.
Michael returned to local government to become acting Mayor of Flint in February 2009, upon the resignation of the serving Mayor. He held the position for six months until the election of a new mayor in August 2009.
In September 2009, Brown established the Flint Area Reinvestment Office (FARO), to provide technical assistance to public, private, and nonprofit organizations. The primary focus of FARO is to seek grants and utilize federal and state funding for Flint area initiatives. FARO is supported with funds from Charles Stewart Mott Foundation, the Ruth Mott Foundation, the Community Foundation
of Greater Flint, and the United Way of Genesee County.
He and his wife Linda have been married 40 years. They are parents to five children, who were educated in the Flint Community Schools, and grandparents to two grandchildren. |
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Thu May 31, 2012 7:06 pm |
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Former Flint Mayor Michael Brown to lead East Lansing-based Prima Civitas Foundation
Published: Thursday, February 03, 2011, 6:00 AM
By Blake Thorne | bthorne1@mlive.com
FLINT, Michigan — Michael K. Brown, who led the city of Flint as temporary mayor for six months in 2009, will take the helm of an economic development agency that is expanding statewide.
Brown has been named the president of for Prima Civitas Foundation, an East Lansing-based consulting firm launched and previously headed by former Lansing mayor and state representative David Hollister.
Brown's appointment comes as Prima Civitas also is announcing that it will expand its economic development efforts beyond mid-Michigan to serve the entire state and as the Charles Stewart Mott Foundation is increasing its financial commitment to the agency.
With ties to Michigan State University, Prima Civitas launched in 2006 to focus on bringing, partnerships, resources and funding to mid-Michigan communitieThe Mott Foundation has worked alongside and provided funding for Prima Civitas Foundation dating back to around 2007, when a federal grant here brought the two agencies togethers.
“The brain drain has been a critical part of our challenge over the past few years, and we’ve got to find other ways to keep the young people in the community,” Brown said.
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The Mott Foundation has helped fund the Prima Civitas Foundation for several years, they provided more than $485,000 in a 20-month period according to a 2009 report.
The final amount and timeline for further Mott funding is still being worked out, Brown said.
Brown previously turned to Prima Civitas to help shape a deficit-reduction plan during his time in city hall — a $100,000 price tag for the consulting work was bankrolled by the Mott Foundation
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“When I was temporary mayor in 2009, we were in pretty dire straits financially,” Brown said.
And Prima Civitas came to the county again last year to help officials study a merger of Davison and Davison Township.
Under Brown’s leadership, Prima Civitas plans to expand its efforts to a more statewide approach. But Brown says a big focus of his will be working in his home town.
For example, Flint needs to get off to a strong start with Gov. Rick Snyder. And the area still has acres of ready-to-develop property eligible for tax breaks.
The Flint and Genesee County area needs to work with agencies and communities beyond their borders, it needs to rebrand itself from manufacturing center to a college town and needs to establish a legal partnership with Lapeer and Shiawasee counties, said Brown.
“The long and short of it is, bringing Mike Brown on board brings a tremendous amount of talent and leadership,” said Steven Webster, Vice President for Governmental Affairs at Michigan State University and the new CEO and chairman of Prima Civitas.
Before his term as interim mayor, Brown worked for the Genesee Regional Chamber of Commerce. He also led the United Way of Genesee County and the Capital Area United Way for many years.
Brown will continue heading up the Flint Area Reinvestment Office which will continue to operate as an organization under the Prima Civitas umbrella.
FARO was launched in 2009 to target available federal and state funding for community needs, such as infrastructure, educational programs, health initiatives or economic development projects.
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Thu May 31, 2012 7:15 pm |
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