Mercy Housing Northwest Selects President
Joseph Thompson has been named the next president of Mercy Housing Northwest. He will take over the post from Bill Rumpf, who is retiring in mid-June following a decade in the role.
From 2004 to 2014 , Thompson was Mercy Housing Management Group’s regional vice president of property operations, where he was responsible for overall operations of Washington and Idaho.
For the past six years, he’s served as COO of Peoples’ Self-Help Housing/The Duncan Group in San Luis Obispo, Calif., where he’s overseen rapid organizational growth with total assets increasing from $78 million to $116 million.
Thompson will assume the post from Rumpf on June 29.
During his tenure, Rumpf oversaw the completion of 1,500 apartments, including redeveloping the long-vacant former barracks at Magnuson Park into 148 apartments, with an early learning center and a health clinic. Mercy Housing Northwest has just completed the Paul Allen-funded community, Gardner House, serving families who were formerly homeless in Seattle. Gardner House includes a family resource center on the ground floor for the neighborhood. Rumpf led innovative initiatives to combine housing and health, to facilitate educational success, and to expand affordable housing access in communities that face displacement because of light rail.
Mercy Housing Northwest has 54 communities providing homes to over 5,600 residents in Washington and Idaho including families, veterans, seniors, and people with special needs who have low incomes.
Enterprise Community Partners Adds to Team
Enterprise Community Partners has announced the appointment of Angelique Kelly-Lara as chief people officer (CPO) and the promotion of senior vice president Stephanie Shack to the organization’s first-ever chief legal officer (CLO) position.
As senior leaders, Kelly-Lara will be responsible for all human resource services, including acquisition strategies that attract top, diverse talent; career development; and the HR business partner team, which ensures that HR policies fit the organization’s needs and objectives, and Shack will oversee legal operations across Enterprise’s entities nationwide.
Kelly-Lara joins Enterprise with more than 25 years of experience directing HR teams at some of the world’s largest corporations. Most recently, she was vice president of global talent acquisition at Choice Hotels International. From 2005 to 2014 at McDonald’s USA, she worked her way up to director of U.S. HR and employee relations.
Shack’s appointment to CLO follows Enterprise’s recent decision to combine the legal departments of Enterprise Community Investment (ECI) and Enterprise Community Partners into one. Shack joined Enterprise in 2017 as senior vice president and general counsel for ECI, prior to which she was senior vice president, associate general counsel, and assistant secretary with Corporate Office Properties Trust, a publicly traded real estate investment trust. Previously, she held positions at the Johns Hopkins Health System Corp., global law firm DLA Piper, and the office of U.S. Magistrate Judge John E. Dougherty.
M&T Realty Capital Expands Affordable Housing Team
Jeffrey Rodman has been named affordable housing program manager and Joanie Wilson has been named director of affordable underwriting at M&T Realty Capital Corp. Both join the company with significant experience in affordable housing and community development lending.
Rodman has over 23 years of experience in affordable housing finance. He has originated and underwritten more than $4 billion of affordable housing transactions throughout his career, including permanent loans, construction, and other balance-sheet loans, and low-income housing tax credit equity. Prior to joining M&T, he was with KeyBank Real Estate Capital, originating Fannie Mae, Freddie Mac, and Federal Housing Administration/Department of Housing and Urban Development debt.
Wilson has been involved in commercial real estate finance since 2011. Prior to joining M&T, she held a variety of roles with increasing responsibility at Barings Multifamily Capital. Her most recent role was chief underwriter for affordable housing – balance-sheet lending and deputy chief underwriter for Fannie Mae and Freddie Mac transactions.
FHFA Announces COO
Kate Fulton will join the Federal Housing Finance Agency (FHFA) as COO on May 26.
Fulton has been serving as COO of the Consumer Financial Protection Bureau (CFPB) and brings extensive experience in federal agency operations, including personnel law, administrative operations, information technology, and financial management. Over her seven years at CFPB, she has held progressively more responsible management roles, from senior advisor in the Division of Supervision, Enforcement, and Fair Lending to deputy chief of staff. Earlier in her career, she worked at the Department of Homeland Security, U.S. Customs and Border Protection, and at a law firm representing federal employees.
FHFA's acting COO Lawrence Stauffer will help with the transition and continue to serve the agency in his previous role as a special adviser in the Division of Resolutions.
Greenlight Communities Announces Hires
Scottsdale, Ariz.-based Greenlight Communities has hired project coordinator Devon Rae, assistant project manager Jackson Meyer, and real estate acquisition project manager Alisia Espiriti.
Rae joins the Greenlight construction team as a project coordinator on the firm’s Cabana projects.
Meyer, who will soon graduate from Barrett, The Honors College at Arizona State University, will also be part of Greenlight construction.
Espiriti, who previously worked as a mechanical design engineer in the aerospace industry, will be part of Greenlight Communities.
