CHP Adds to Development Team
Andrew Davenport has been named vice president of multifamily development at Community Housing Partners (CHP), a nonprofit headquartered in Christiansburg, Virginia.
In his new role, Davenport will work closely with CHP’s leadership to develop and implement the organization’s multifamily development and growth strategy. He will oversee the entire life cycle of multifamily development projects, ensuring they align with CHP’s strategic goals and core values.
Davenport joins CHP from The Michaels Organization, where he served as vice president of development. In that role, he sourced new opportunities and successfully developed and rehabilitated nearly 2,000 units of affordable and mixed-income housing across four states. Previously, he was a development officer at Pennrose and served in real estate and development roles for the city of Philadelphia.
MHIC Appoints Deputy Director of Equity
John-Paul “JP” Vachon has been named deputy director of equity at the Massachusetts Housing Investment Corp. (MHIC), a private nonprofit financier of affordable housing and community development in New England.
Vachon will focus on building relationships with key developers and sponsors to identify new affordable housing construction and rehab projects. Collaborating with the development and leadership teams, he will drive business strategy, corporate policy, and product development efforts that focus on meeting previously unmet financing needs in the community development marketplace.
He will review loan and equity applications and perform credit analyses of financial statements for borrowers, guarantors, general partners, property managers, and general contractors, and prepare loan and investment proposals for presentation to the appropriate governing committee and board of directors.
Vachon has spent the past six years with KeyBank Real Estate Capital as vice president of Community Development Lending and Investment, where he focused on providing comprehensive financing solutions for affordable housing development clients.
Tax Partner Joins Holland & Knight’s Syndication Group
Elizabeth “Liz” Young has been named a tax partner at Holland & Knight. She is based in the Washington, D.C., office.
With a career spanning two decades, Young has significant experience in handling complex tax structuring, planning, and compliance for institutional investors, joint ventures, developers, lenders, and private equity groups. She works with clients to structure and syndicate complex community development transactions involving low-income housing, New Markets, historic, and renewable energy tax credits and similar state programs.
Prior to joining Holland & Knight, she was a partner at Nixon Peabody.
Advantage Capital Builds Out Affordable Housing Team
Advantage Capital, a leading impact investment firm, has announced the expansion of its Affordable Housing Solutions team with the addition of Tori Cook and Sean Stelken.
Cook joins the firm as a business development officer covering Georgia and Texas. She brings more than 10 years of finance experience to the role. Prior to joining Advantage Capital, Cook was a vice president within the community capital division at Truist Bank.
Stelken joins the team as the head of asset management. In his role, he will work on managing both federal- and state-level tax credits. He previously spent more than 10 years at Aegon Asset Management as a leader in the real estate and asset management division.
Overall, Advantage Capital has financed more than 9,000 housing units, bringing quality, affordable homes to nearly 14,000 residents, and is active in Arizona, Arkansas, Colorado, Georgia, Hawaii, Kansas, Missouri, Nebraska, Oklahoma, South Carolina, Utah, Virginia, and Wisconsin.
Amie Gross Architects Announce Promotions
Mauri Tamarin has been promoted to chief design and strategy officer and Alex La Ferla has been promoted to principal at Amie Gross Architects (AGA) in New York City.
Tamarin, AIA, will oversee project development through planning, design, and implementation with a particular emphasis on community engagement and integration. Tamarin has worked closely with AGA for 29 years, helping establish the firm as a leader in New York City’s affordable and supportive housing market. Her design ethos is to create buildings rooted in their surrounding communities and leverage design to address residents’ greatest needs.
La Ferla, AIA, will work closely with Amie Gross, AGA president, on strategic business growth for the firm as it looks to increase its impact across the New York metro area and beyond, while using his experience as senior project manager to support critical, project-specific priorities. Among his responsibilities, he will serve as a steward for the firm’s sustainability efforts, ensuring each project maximizes both affordability and energy efficiency. La Ferla joined AGA in 2015.
