Mather to Retire From BRIDGE Housing
Industry veteran Jim Mather, executive vice president and chief investment officer at BRIDGE Housing, will retire from his post at the end of the year. He will transition to a senior adviser role, where he will continue to lend his expertise to the capital markets team for the next year to maintain its growth trajectory and expand its mission through new housing development and acquisitions.
Mather has had a 40-year career in affordable housing and community development. He joined BRIDGE in 2019 and was instrumental in developing innovative financial strategies that broadened access to capital markets for affordable housing providers. In 2020, the organization became the first nonprofit affordable housing developer to issue general-obligation sustainability bonds, raising $100 million and creating a new asset class to fund the acquisition, development, and predevelopment of multifamily housing.
In 2022, he helped secure a $250 million commitment from Morgan Stanley and the National Equity Fund, financing that has been critical to BRIDGE’s strategic plan to accelerate the acquisition and preservation of affordable housing communities.
Overall, during Mather’s tenure the BRIDGE capital markets team successfully placed financing for 34 new projects, totaling $900 million in low-income housing tax credit (LIHTC) equity and $1.6 billion in debt financing.
Prior to joining BRIDGE, he served as chief lending officer at Housing Trust Silicon Valley. He also held senior roles in community development banking at Union Bank, Bank of America, and U.S. Bank, where he provided more than $2 billion in debt and equity for affordable housing developments.
Yentel Named President and CEO of National Council of Nonprofits
Diane Yentel has been appointed president and CEO of the National Council of Nonprofits (NCN), effective Jan. 13, 2025.
North America’s largest network of charitable nonprofit organizations, NCN is heading into its 35th year.
Yentel makes the move after leading the National Low Income Housing Coalition (NLIHC) as president and CEO for the past nine years. She has been a prominent advocate for housing for those with the lowest incomes and an expert on federal housing policy, frequently testifying before Congress.
NCN’s board of directors conducted an extensive search for a new leader following the retirement of longtime president and CEO Tim Delaney. The search yielded more than 800 candidates.
“Diane is a visionary whose leadership is collaborative and expansive, drawing diverse partners together for a greater good,” said NCN board chair Liz Moore. “Her success in building NLIHC into the influential force it is today, her deep commitment to equity, her ability to galvanize a network, and her ethic of service demonstrated to us that she is the leader for NCN’s next chapter.”
Based in Washington, D.C., the organization champions, connects, and informs nonprofits across the country.
“Every day, our nation’s vital nonprofit organizations save lives, build and better communities, protect and advance democracy, and enable our country to continuously strive towards its lofty ideals,” Yentel said in a statement. “Yet, despite their tremendous importance in our country and communities, nonprofits face existential challenges and lack the holistic support needed to thrive.”“That’s where the National Council of Nonprofits comes in,” she continued. “NCN connects, champions, and informs more than 30,000 member nonprofit organizations and the larger nonprofit sector, compounding the impact of each into a network with the power to be an irrepressible force for good.”
Enterprise Names CFO
David Rands, former Volkswagen Bank Mexico CEO and managing director, has been named chief financial officer (CFO) of Enterprise Community Partners. He is based in the organization’s Columbia, Maryland, headquarters.
Across different roles at Volkswagen Bank, he managed multibillion dollar asset management portfolios and oversaw profitable, transformational, and digitally forward strategies.
Rand follows Bill Beckmann, who provided instrumental leadership to Enterprise’s finance teams as CFO for more than two years. Previously, he spent over a decade on the boards of Enterprise Community Partners, Enterprise Housing Credit Investments, and Enterprise Community Loan Fund.
McDowell Housing Partners Announces Key Hires
McDowell Housing Partners has made several strategic additions to its leadership team.
Patty Tincher, CPA, has joined the firm as CFO. With over 20 years of experience in financial analysis, budgeting, and accounting, Tincher has been a key player in numerous successful real estate and nonprofit projects. Her expertise in project management, systems implementation, and process optimization has enhanced operational efficiencies and financial reporting throughout her career. At McDowell, she will oversee all financial planning and reporting activities, ensuring ongoing growth and stability.
Charles Gumucio has been named vice president of asset management. With over 25 years of experience in real estate development, property management, and asset management, he brings deep industry expertise. Gumucio will lead the oversight of third-party management for McDowell’s LIHTC portfolio, guiding assets from development through stabilization and compliance. He held leadership roles at Housing Trust Group and
Raymond James Financial, where he managed national portfolios of LIHTC assets.
Brian Ivy has been appointed executive vice president of development. In this role, he will lead the company’s development team, managing all stages of the development life cycle—from funding to property stabilization—while driving performance improvements through refined systems and processes. He will also maintain key relationships with financing partners and governmental agencies. Prior to joining McDowell, Ivy served as senior vice president of finance at Conifer Realty, where he oversaw project financing and strategic asset management for affordable housing developments.
Senior Team Members Join Texas Nonprofit
David Dinoff, deputy director, and Alexandra Radtke, director of real estate, have joined the Strategic Housing Finance Corporation of Travis County (Strategic HFC).
A nonprofit that partners with private developers to boost access to affordable housing, Strategic HFC has helped finance over 6,000 affordable housing units throughout Texas’ Travis County.
Dinoff previously served as director of real estate at Capital A Housing. Previous roles include director of community development at BCL of Texas, a nonprofit loan fund, and program coordinator at Neighborhood Housing Services of Chicago, where he coordinated the Troubled Buildings Initiative.
Radtke joins Strategic HFC from the city of Austin/Austin Housing Finance Corp., where she served as housing development manager, structuring affordable housing partnerships on behalf of the city. She has experience with land planning, economic development, and city development incentive programs.
FTK Construction Services Announces Promotion
Scott Simper has been elevated to vice president of construction, affordable housing division, at FTK Construction Services, a nationwide general contractor specializing in affordable housing.
Based in Houston, Simper will oversee all financial operations for the $340 million division as well as the production schedules, project preconstruction planning for the portfolio, and the management of the national production team. He assumes his new role after serving as director of construction with FTK.
He began his career with FTK in 2014 as a project manager. Prior to that, he was a regional construction manager with Penco, specifically handling multifamily projects.
