NHPF Annual Report 2016

John G. Hoffer

Jamie A. Smarr

Vice President, Project Management

Senior Vice President, Affiliate Program

With over 25 years of housing industry experience, John G. Hoffer joined NHPF in early 2016. Since then he has been responsible for securing approximately $41 million in development funding. He began his career at the New Frontier Group (NFG), in Chicago. As NFG’s Director of Asset Management he was responsible

Jamie A. Smarr leads the NHPF Affiliate Program, which seeks joint venture partnerships with other not- for-profits and community-based organizations. The NHPF Affiliate Program brings managerial strength in finance, asset management, resident services, and fundraising to local organizations interested in building their capacity by partnering

for NFG’s portfolio of affordable housing and Continental Bank of Illinois’ REO portfolio of luxury rental housing. Later, as NFG’s Sr. Project Manager, he was responsible for the development of 700 units of newly constructed multifamily rental housing, 750,000 square feet of commercial office space, and one 200-unit luxury convention hotel. As Director of Portfolio Analysis for the National Corporation for Housing Partnerships (NCHP), he was responsible for analysis, capital planning, and management of select recapitalizations in the 75,000-unit portfolio. He structured several novel NCHP transactions including the preservation of 1,000 units using a tax-deductible charitable donation sale to Pennsylvania Housing Finance Authority (“PHFA”) combined with NCHP’s repurchase and renovation financed by PHFA with tax-exempt bonds, soft subordinate debt and LIHTC equity. John worked with NeighborWorks America and other not-for-profit organizations as an asset management and real estate development consultant. To date, he has been involved in the purchase and/or recapitalization of 20 properties consisting of 4,023 units. Mr. Hoffer attended University of Kansas.

with NHPF. He is also involved with the NHPF Acquisitions program. Mr. Smarr has identified and fostered portfolio investments totaling over $103 million. He is personally responsible for helping to create more than 1,500 units of low-income housing through public-private partnerships. His experience also includes 11 years as Executive Director of the New York City Educational Construction Fund, which engages in public-private real estate development partnerships for the New York City school system. Mr. Smarr was a senior aide to five New York City Schools Chancellors, during which time he was responsible for capital planning and public/charter school development. Mr. Smarr had previously served as Director of Tax and Zoning Incentives for New York City’s Housing Preservation and Development Department. His extensive education includes a Master’s In Education from Columbia University Teachers College, a Masters in Public Policy from Harvard and a B.A. in Political Science from Duke University. He also counts in his experience continued studies in finance and taxation at New York University. He was awarded the Woodrow Wilson Fellowship in Public Policy and International Affairs for Graduate Study by Princeton University.

NHPF Fiscal Year 2016 Annual Report 19

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