Bostic Returns to USC
The University of Southern California Price School of Public Policy has named Raphael Bostic as director of the Judith and John Bedrosian Center on Governance and the Public Enterprise, a research center that promotes effective governance.
A professor at the university since 2001, Bostic returns to the campus after three years as assistant secretary for policy development and research at the Department of Housing and Urban Development (HUD).
RJTCF Adds to Team
Andy Voress has been hired as director of institutional investment at Raymond James Tax Credit Funds.
He brings more than 17 years of experience in the financial services industry, most recently leading the low-income housing tax credit investment program for a major insurance company. In that role, Voress oversaw the investment of more than $500 million in 15 multi-investor funds. He is based in Chicago.
MaineHousing Selects Director
John Gallagher has been named head of the Maine State Housing Authority.
He was nominated by Gov. Paul LePage and confirmed by the state Senate. Since 1999, Gallagher has served as executive director of Westbrook Housing Authority and president of Westbrook Development Corp., which develop and manage affordable housing in the Westbrook and Portland areas. He previously served as a program manager for the development division at MaineHousing.
Dale McCormick, who led the agency for seven years, resigned as director at the end of March after battling the board about the cost of affordable housing developments.
WNC Names Vice President
Michael K. Stanton has joined WNC & Associates, Inc., as vice president, East Coast originations.
He brings more than 25 years of experience to WNC, a tax credit syndicator and real estate investment and development firm.
Stanton joins the company from the New Jersey Housing and Mortgage Finance Agency, where he has spent his entire career. Most recently, he served as director of multifamily programs and lending.
Cabrera Joins Squire Sanders
Orlando J. Cabrera has joined Squire Sanders to lead its Housing, Tax Credits, and Community Development Industry Group, a new group within the law firm’s real estate practice. He is located in the Washington, D.C., office.
Most recently, Cabrera was with the Nixon Peabody firm. He has also served as CEO of National Community Renaissance, a nonprofit developer in California, and as HUD assistant secretary for public and Indian housing.
Ballard Spahr Hires New Partner
Desmond D. Connall Jr. has joined Ballard Spahr as a real estate partner in Washington, D.C.
He has more than 30 years of experience in commercial real estate transactions. He represents developers, property owners, real estate investment trusts, and tenants nationwide.
Connall was a partner at Womble Carlyle Sandridge & Rice.
Cohn and Reznick Combine Firms
J.H. Cohn and Reznick Group, two top accounting and consulting firms, have completed their merger to form CohnReznick, LLP.
Reznick Group brings a large affordable housing practice to the new firm, which becomes the 11th largest accounting firm in the nation with 25 offices, 2,000 employees, and combined revenues of more than $450 million.
J.H. Cohn CEO Thomas J. Marino and Reznick Group CEO Kenneth E. Baggett will serve as co-CEOs of CohnReznick.
BRIDGE Names VP of Services
Susan J. Neufeld has been selected as vice president of resident programs and services for BRIDGE Housing. In this new position, she will manage the expansion of programs serving residents in BRIDGE communities.
Neufeld recently served as assistant executive director for the Hope Through Housing Foundation, the resident services company created by affordable housing developer National Community Renaissance.