Leadership at a Glance

The NHP Foundation Leadership

2021

Contents

Corporate Resume

Trustees

Senior Officers

Richard F. Burns President, Chief Executive Office & Trustee

Mecky Adnani Senior Vice President, Acquisitions

Neal T. Drobenare Senior Vice President, Acquisitions

Alla A. Eleon Senior Vice President & Chief Accounting Officer

Patrick J. Fry Senior Vice President

Stephen M. Green Chief Operating Officer & Chief Investment Officer

Fred C. Mitchell Senior Vice President, Asset Management

Eric W. Price Executive Vice President & Chief Financial Officer

Jamie A. Smarr Senior Vice President, Affiliate Program

Thomas G. Vaccaro Senior Vice President, External Affairs & Corporate Secretary

Joseph P. Wiedorfer Senior Vice President, Development & Assistant Corporate Secretary

Contents

Management Team

Mansur Abdul-Malik Vice President, Development

Scott L. Barkan Vice President, Development

Carlos A. Gonzales Vice President, Asset Management

John G. Hoffer Vice President, Project Management

Tim B. Pryor Vice President, Acquisitions

C. Meade Rhoads, JR Vice President, Construction Management

Ian Sobel Vice President, Asset Management

Kenneth D. White Vice President, Resident Services

The NHP Foundation Corporate Resume NHPF is a nationally recognized organization, dedicated to delivering on its mission to preserve and create safe, clean, green, service-enriched affordable housing that benefits communities. Established as a not-for-profit in 1989, NHPF’s approach to its business is to successfully pair mission-based principles with a for-profit-like financial discipline. NHPF has preserved and developed 103 multi-family properties, comprising approximately 18,000 affordable apartments. Today, NHPF provides approximately 10,000 affordable units located throughout Connecticut, District of Columbia, Florida, Illinois, Louisiana, Maryland, Massachusetts, Missouri, North Carolina, New Jersey, New York, Pennsylvania, South Carolina, Tennessee, Texas, and Virginia. NHPF offers residences for families, seniors, veterans, and people with disabilities. We complement our affordable housing with services to improve the lives of our residents. Through an entrepreneurial approach, NHPF creates public/private partnerships, utilizing 4% and 9% Low Income Housing Tax Credits (LIHTC) for substantial rehabilitation and new development. It has created, invested, and managed several equity funds for the acquisition of properties to be redeveloped. The Foundation also participates with Housing Finance Agencies in the Rental Assistance Demonstration (RAD) program to transform public housing into new, revitalized communities. And, NHPF is one of the 12 founding not-for-profits of the Housing Partnership Equity Trust (HPET), a private REIT for the acquisition and preservation of affordable housing. NHPF has several discrete departments which work together in concert to ensure ongoing affordable housing provision. NHPF’s Acquisition/Preservation/Development team works to expand our portfolio through smart collaborations delivering a variety of high-quality, reliable housing options. The NHPF Affiliate Program provides avenues for smaller not-for-profits to elevate their platform, remain viable, and preserve their properties. The burgeoning Construction Division at NHPF is responsible for both ground-up work and rehab projects. NHPF’s Asset Management department keeps our properties thriving, energy- efficient and sound through the 24/7 efforts of dedicated, hands-on personal involvement. The NHPF Thought Leadership Program supports and enhances the organization’s reputation via innovative communication, content and events that also work to support and increase fundraising sources. Through Operation Pathways Inc ., NHPF’s subsidiary, the organization provides customized life skills services and programs that children, youth, families, and seniors partake in to advance their life goals. The NHP Foundation is governed by its Board of Trustees. The Foundation’s current Trustees, their principal occupations and locations are set forth below:

Trustee Bios: Ralph F. Boyd Jr., Trustee/Chairman has been the Board Chair since 2013,having joined the Board in 2005. He is currently on the HR & Compensation Committee and the Nominating & Governance Committee. He formerly served on the Investment and External Affairs Committees. Mr. Boyd is President and CEO, SOME (So Others Might Eat). He formerly was a Senior Resident Fellow for Leadership and Strategy for The Urban Land Institute. He is the former Chief Executive Officer of the American Red Cross, Massachusetts. Previously Boyd served as the Executive Vice President of Community Relations at Freddie Mac and Chairman of the Board and Chief Executive Officer of the Freddie Mac Foundation. Earlier in his career, he was the Assistant Attorney General of the United States and was in private legal practice in Boston, MA. Mr. Boyd also served on the Board of Directors of DIRECTV Group, Inc. and was the U.S. Representative to the United Nations Committee on the Elimination of Racial Discrimination in Geneva. Boyd received a B.A. from Haverford College and a J.D. from Harvard Law School. Glynna Christian, Trustee/Vice Chair , a position she assumed in 2020. Ms. Christian joined the Board in 2019 and currently serves on the Audit, HR & Compensation; and Nominating & Governance Committees. She previously worked on the External Affairs Committee and as Chair of the Audit Committee. Ms. Christian is the Head, Global Technology Transactions, of international law firm, Holland & Knight LLP. Ms. Christian advises both emerging and established companies, serving as a trusted adviser in deal-making across virtually all operational and strategic areas of their businesses. She has more than 20 years' experience counseling clients on emerging and transformative technology, communications, media, and data transactions that are strategic to her clients’ businesses. Ms. Christian earned her J.D. from the University of Memphis Cecil C. Humphreys School of Law, 1994, cum laude, and her B.A. from the University of North Texas, 1990, cum laude. An active and sought-out thought leader, Ms. Christian has lectured for a variety of professional organizations and written numerous articles on technology and digital transactions. Robert H. Abrams, Trustee joined the Board in 2009 and has been the HR & Compensation Chair since 2018. He is currently on the Audit and Investment Committees and formerly served as Audit Committee Chair. Mr. Abrams was the founding director of the Program in Real Estate at Cornell University. He was previously President of Abrams Benisch Riker, Inc. a leading real estate management and leasing firm in New York City. Earlier in his career he served as Executive Vice President of the Cross and Brown Company. He serves on the Board of the Sirus Fund which is funding low income housing in New York City. Mr. Abrams is a Trustee Emeritus and Presidential Counselor at Cornell. Abrams received a B.S. from Cornell University and an M.B.A. from Harvard Business School. Richard F. Burns, Trustee, President & Chief Executive Officer joined NHPF as trustee, president & CEO in 2009. He currently serves on the Nominating & Governance, Investment and External Affairs Committees. He formerly served on the HR & Compensation Committee. Mr. Burns has overseen the $775M acquisition/preservation of 50 properties representing over 9,000 units. In addition, he created a predevelopment/acquisition fund, and working closely with partner organizations, underwrote the funding for eight affordable housing complexes, with 1,320 units. During his tenure at NHPF, Burns has led the efforts to secure $483 million in development funding using the Low-Income Housing Tax Credit (LIHTC), which he calls the “affordable housing industry’s most successful production tool.” Mr. Burns is a real estate investment professional with over 40 years of experience managing money for pension funds and other institutional investors, both domestic and foreign. He has participated in the start-up of three real estate investment management firms where he was a founder and senior partner and has had extensive experience investing in multifamily real estate. While a partner in one of the largest affordable multifamily investment firms, Mr. Burns gained experience with the various government programs available for affordable housing. This experience, combined with his in-depth knowledge of apartments and years of work on not-for-profit boards, allows him to lead The Foundation in its mission to provide quality, affordable, rental housing and resident services for low and moderate income families and seniors. Mr. Burns earned a B.S. from Boston College and a M.B.A. from Boston University.

Sarah E. Feinberg, Trustee joined the NHPF Board in 2020 and is currently the Nominating & Governance Chair. She also serves on the External Affairs Committee. Ms. Feinberg is interim president of the NYC Metropolitan Transportation Authority overseeing the transit agency . She is also the founder of Feinberg Strategies, LLC, a strategic business, and communications consulting practice focused on the tech and transportation sectors. Prior to founding Feinberg Strategies, Ms. Feinberg served as the administrator of the Federal Railroad Administration (FRA). The FRA serves as the sole safety regulator of the US rail system. Ms. Feinberg was nominated for this post by President Obama, and later confirmed by the Republican-led US Senate. As FRA administrator, Ms. Feinberg developed and enforced rail safety regulations; managed a multi-billion dollar rail-investment portfolio; and led research and technology development programs. Ms. Feinberg was the second woman to lead the agency of nearly 1,000 employees in Washington, DC and eight regional offices across the country. Prior to joining FRA, Ms. Feinberg served as US DOT chief of staff, where she provided strategic advice and counsel to the secretary of transportation regarding operational and legislative initiatives across all modes of transportation and helped lead the agency and its more than 57,000 employees. Cherie Santos-Wuest, Trustee Cherie Santos-Wuest, Trustee, joined the Board in 2013 and is the current Audit Chair. She also serves on the HR & Compensation and External Affairs Committees. She previously served on the Investment Committee. Ms. Santos-Wuest is the Managing Partner for Celadon Venture Advisors, LLC, where she advises private equity real estate firms and institutional investors on capital markets, ESG integration and impact investment initiatives. Previously she was Principal Investment Officer in Real Estate for the CT state pension funds, where she managed $2.5B in commitments to Real Estate investments. Prior to this, Ms. Santos-Wuest served in various capacities at TIAA- CREF, among these as Director in TIAA’s Global Social and Community Investments group, where she managed the Program’s $580+M debt and equity RE portfolio and launched the $50M Green Building Technology Program venture capital fund. In other roles at TIAA, Santos-Wuest served as a Director in TIAA’s Global Private Markets group, responsible for originating over $1.2B in large loan investments in various territories across the U. S. and Canada. Ms. Santos-Wuest has over 25 years of real estate industry experience, including positions at national corporate real estate firms and international architectural design firms. Ms. Santos-Wuest has a B.S. in Architecture from the University of Virginia, a Master of Science in Architecture from Yale University, and a Master of Science in Real Estate Development from MIT. Ms. Santos-Wuest has served on numerous advisory committees of real estate funds and boards of venture capital firms. She currently serves as a Board Trustee for the NHP Foundation and NHP’s affiliate, Operations Pathways, as well the Board of Directors for CREW DC, one of the oldest chapters of a national Women’s RE Association. Ms. Santos-Wuest was the recipient of the 2018 Vanguard Leader Award from the Council of Urban Real Estate. (CURE), for her work in fostering diversity and social equity in the Real Estate industry. Other board roles have also included Urban Land Institute, Abundant Power Capital, and Impact Community Capital. Sheldon L. Schreiberg, Trustee joined the NHPF Board in 2017 and has been the External Affairs Chair since 2021. He currently serves on the Investment and Audit Committees. Mr. Schreiberg formerly served on the Nominating & Governance Committee. He is an attorney with more than 40 years’ experience in the affordable housing space. Currently, Mr. Schreiberg serves as a special counsel to Lobel, Novins, and Lamont, LLP in Washington D.C. Previously; he was a senior partner with Pepper Hamilton, LLP, where he was the founder and chair of their Affordable Housing and Community Development Practice Group. Mr. Schreiberg has also served as counsel to the Committee on Banking, Finance and Urban Affairs Subcommittee on Housing and Community Development of the U.S. House of Representatives, where he was the principal draftsman of housing legislation. Mr. Schreiberg received a B.A. summa cum laude from the University of Minnesota, an M.P.A. from Princeton, and a J.D. from Harvard Law School. Frank L. Sullivan, Jr., Trustee joined the Board in 2015 and since 2018 has chaired the Investment Committee. He also serves on the External Affairs Committee. Mr. Sullivan brings to NHPF a wealth of valuable real estate experience. A graduate of Cornell University (B.S.) and The Wharton School (MBA), Mr.

Sullivan has been involved in real estate for 43 years, the first 13 working for a bank, a development firm and, eventually, Citibank, from which, in 1984, he, along with two others, founded Clarion Partners, now a $56+B AUM firm, from which he retired in 2014. Mr. Sullivan’s expertise is further attested to by his activities outside Clarion. He, for 20 years, was a professor of Real Estate Finance at New York University’s Graduate School of Business. In addition, he has been a visiting lecturer at Cornell University, the University of Pennsylvania, the University of Virginia, and Yale University. Lastly, he has served as an expert witness in various courts and sits on the Cornell University Real Estate Advisory Board. Adam Weers, Trustee, joined the Board in 2020 and currently sits on the Investment and Audit Committees. He is a Principal at Trammell Crow Company with fifteen years of commercial real estate development and finance experience. Mr. Weers currently oversees the McMillan Healthcare Campus, a 1,000,000 SF component of the multi-phased, mixed-use redevelopment of the former McMillan sand filtration site in Washington, DC (Ward 5), and the Northeast Heights development, a 1,500,000 SF multi-phase, mixed-use residential, retail, and office development in Washington, DC (Ward 7). Mr. Weers has worked on a variety of projects and product types in his time with the firm, including the Shops at Dakota Crossing in Washington, DC, the Valo in Washington, DC, the Gateway Grand condominium in Ocean City, MD, the Shirlington Village condominium in Arlington, VA, and the South Kitchener Industrial Park outside of Toronto, ON. In addition, Adam manages the company’s New Market Tax Credit platform which has received nine NMTC allocations from the CDFI Fund since 2004 totaling $740 million. Mr. Weers also serves on Trammell Crow Company’s Diversity and Inclusion Initiative Steering Committee. Mr. Weers received his MBA from Harvard Business School, and an MPA, Financial Accounting from Georgia State University. Previously, he attained a BA, Business Administration from Morehouse College. NHPF Trustees Emeriti: Tom Carr, Trustee Emeritus joined the NHPF Board of Trustees in 2005 where he served as Board Chair from 2009 to 2012. He also chaired the HR & Compensation and Investment Committees as well as serving on the Audit Committee. Mr. Carr was formerly Managing Partner of Federal Capital Partners and former Chairman of the Board and Chief Executive Officer of CarrAmerica Realty Corporation. He is a former member of the Board of Governors of the National Association of Real Estate Investment Trusts, a former member of the Young President's Organization, and a former member of the Federal City Council. Carr received a B.A. from Brown University and an M.B.A. from Harvard Business School. Patricia Diaz Dennis, Trustee Emeritus joined the NHPF Board of Trustees in 2005. Ms. Diaz Dennis chaired the Nominating & Governance Committee as well as the HR & Compensation Committees. She also served on the Audit and External Affairs Committees. Ms. Diaz Dennis previously served as Senior Vice President and Assistant General Counsel for AT&T, a Commissioner of the Federal Communications Commission, a member of the National Labor Relations Board, and Assistant Secretary of State for Human Rights and Humanitarian Affairs. She was an Associate with Paul, Hastings, Janofsky, & Walker, served as Special Counsel to Sullivan & Cromwell, and was a Partner at Jones, Day, Reavis & Pogue. Ms. Diaz Dennis serves on the Boards of Directors of Massachusetts Mutual Life Insurance Company and UST, Inc. She is the former Chair of the Board of Girl Scouts of the USA. Ms. Diaz Dennis received a B.A. from the University of California at Los Angeles and a J.D. from Loyola University of Los Angeles. NHPF Senior Officers: Richard F. Burns, Trustee, President & Chief Executive Officer since 2009. See credentials as Trustee above. Mecky Adnani, Senior Vice President Ms. Adnani, a member of our Senior Management, has 25 years of experience in the field of affordable housing preservation, acquisition, and rehabilitation. Ms. Adnani’s

multidisciplinary finance, management, and planning & design expertise as well as her broad knowledge of federal and state housing regulations enables her to direct acquisition and recapitalization projects through strategic and programmatic evaluation, valuation and pricing, deal structuring and negotiations, and design and construction. She is an expert in financing, subsidy renewal, and capital restructuring strategies that lead to feasible preservation transactions. Since joining NHPF, Ms. Adnani has closed the acquisition and preservation of 14 properties, totaling 2,166 affordable units using an array of debt and equity capital to finance a total of $335M of acquisition and development costs. Ms. Adnani’s primary focus is to find at-risk acquisition prospects that can be structured and financed as successful LIHTC preservation transactions. Her responsibilities also include initiating and maintaining relationships with owners of affordable housing, lenders, equity providers and appropriate governmental entities that finance and/or facilitate the development and preservation of affordable housing. Neal T. Drobenare, Senior Vice President joined NHPF in 2010. He is responsible for acquisitions. During his time at The Foundation, Mr. Drobenare has acquired seven properties totaling 1,072 units. Throughout his career, Drobenare has developed, acquired or financed over 20,000 units of affordable housing and raised over $60 million for not-for-profits. Additionally, he has been responsible for increasing annual multifamily private activity new bond issues. Throughout his career, Mr. Drobenare has guided over $98 million worth of investments through the acquisition and underwriting process. Of that amount, acquisitions totaling more than $69 million in value were added to the NHPF portfolio. His development duties have included the successful administration of $43 million in federal program awards. That total includes $16 million in development funding benefiting the NHPF portfolio. Mr. Drobenare serves on the board of the National Affordable Housing Trust (NAHT) and Housing Partnership Equity Trust (HPET). Additionally, he serves on NAHT's investment committee, is chair of HPET's Investment Committee, and is a founder of HPET. Earlier in his career, Mr. Drobenare worked for the Washington, DC Deputy Mayor for Planning and Economic Development as special assistant, the DC Department of Housing and Community Development as Chief Operating Officer, and the DC Housing Finance Agency as Bond Finance Director. He has a B.A. from S.U.N.Y. Stony Brook University and received his J.D. cum laude from S.U.N.Y. Buffalo School of Law. Alla A. Eleon, Senior Vice President & Chief Accounting Officer has over 20 years of strong financial accounting, auditing, and organizational management experience. Primary responsibilities include overseeing all financial and accounting operations of the company, as well as providing leadership, direction, and management to the accounting team. She works closely with the CFO on annual consolidated audit and various required quarterly financial reports. Ms. Eleon has the lead on improving the structure, workflow, and technology of accounting services to achieve efficiency. She brings extensive financial reporting, budgeting, and analytical skills from her 13 years at Catholic Charities of Brooklyn and Queens, where she managed a financial portfolio with annual revenue of $100M consisting of several non-for-profit entities with the largest share in development and management of affordable housing. From 2004-2006 she was with Related Partners, Inc. helping the company to set up accounting and reporting processes for development and operations of their Restaurant Fund with more than 50 subsidiaries. She served for six years as an auditor in a mid-size public accounting firm with a variety of different clientele including affordable housing. She earned her BBA in Accounting from Bernard Baruch College (CUNY) and received an Executive MBA from St. Joseph College. Ms. Eleon is a certified public accountant by New York State. Patrick J. Fry, Senior Vice President is a Senior Project Executive overseeing the acquisition, development, disposition, and financing of affordable multifamily housing properties. His experience in his current role includes closing more than $210 million low income housing and historic tax credit transactions using a variety of debt and gap funding sources. He is well versed in the development-related program and compliance aspects of the LIHTC program and tax exempt bond financing, as well as experienced in conducting rehabilitation and new construction activities in compliance with federal, state, and local requirements related to tenant relocation, environmental remediation, prevailing wage standards, local

resident and MBE/WBE hiring and accessibility requirements. Prior to joining The Foundation, Mr. Fry was an investment banker/municipal bond underwriter specializing in affordable housing finance. As a banker to nonprofit, for-profit, and public housing authority clients, he completedmore than 75 housing bond transactions totaling more than $1.2 billion. He served as a board member of Brooklyn Community Housing and Services, Inc., a nonprofit supportive housing organization, from2003 to 2012. He received a B.A. from the University of Redlands and anM.B.A. from the Yale School of Management. Stephen M. Green, Chief Operating Officer, Chief Investment Officer has more than 35 years of experience in real estate and economic development projects in both the public and private sectors . He has worked effectively with a variety of public agencies, federal, state, and local officials, and resident and community groups. His project management engagements have included market rate and affordable residential, commercial, and mixed-use developments. Through his tenure at NHPF, Mr. Green has guided over $350 million worth of investments through the acquisition and underwriting process. Of that amount, acquisitions totaling $225 million in value were added to the NHPF portfolio. In total, Mr. Green has been responsible for $195 million in development funding benefiting the NHPF portfolio. As Director of Development for the Executive Office of the Mayor of Washington, D.C., Mr. Green managed a portfolio of over $2 billion worth of public investment in a series of developments across the District of Columbia. His oversight of that municipal portfolio included the disposition and development of the Hines organization’s $900 million City Center Development. During that period, Mr. Green was the principal negotiator of the agreement to bring the Washington Nationals baseball team to the Nation’s Capital. His duties included site selection, financing, lease negotiation and land acquisition for the ballpark. In addition, Mr. Green was one of several principal architects of Mayor William’s commitment to financing over 19,000 units of affordable housing. Mr. Green has also held executive positions at The Community Builders, William C. Smith, and the District of Columbia Housing Authority (DCHA), where he served as Director of Capital Programs. Mr. Green’s work at NHPF also benefits from his extensive project financing experience including conventional financing, HUD-insured debt, tax credits, and tax-exempt bond financing. He attended Yale University. Fred C. Mitchell, Senior Vice President joined NHPF in 2010 as a Senior Vice President. He has lead responsibility for the management of NHPF's portfolio assets. Those assets include more than 9,000 units in 50 multifamily properties located in 15 states and the District of Columbia. This portfolio of properties under Mitchell’s management has an aggregate gross asset value of over $500 million and an occupancy rate of 96%. He oversees grant compliance and reporting associated with more than $185 million of project funding secured by NHPF for rehabilitation, acquisition, maintenance, and support services. Mr. Mitchell has over 36 years of experience in property and asset management including 20 years managing Section 42 properties. During his tenure as the Director of Asset Management for Centerline/Related Capital, he oversaw an equity portfolio of 1,300 affordable multi-family properties, as well as a Fannie Mae/Freddie Mac loan portfolio of 2,500 properties. During his career, Mr. Mitchell has been involved with multi-family assets in all 50 states and Puerto Rico. His experience also includes a role as part of the task force that closed the sale of a $3 billion bond portfolio and as the negotiator of the largest single workout (18 properties) in his previous company’s history. Mr. Mitchell is past president of both the Chicagoland and Illinois Apartment Associations. He holds both the Certified Property Manager and Housing Credit Certified Professional designations and is a licensed real estate broker in Illinois. Mr. Mitchell holds a B.S. from the University of Connecticut/Post College and completed graduate courses at The University of New Haven and the University of Houston. Eric W. Price, Executive Vice President & CFO joined NHPF in early 2019, with over 30 years’ experience in the development and financing of affordable housing and community development. He previously worked at the AFL-CIO Housing Investment Trust (HIT) where he served as EVP of the HIT and CEO for the HIT Advisors and Building America CDE. While there he was responsible for originating debt financing through Housing Finance Agencies, FHA mortgage bankers, and multifamily nonprofit and for profit developers. He also formed and led a subsidiary dedicated to receiving and allocating $185 million in New Market Tax Credits. Mr. Price also served as SVP for Abdo Development, responsible for all phases of multifamily

residential development. He also served for five years as Deputy Mayor for Planning and Economic Development for the District of Columbia where he managed an annual operating and capital budget of over $120 million and increased the District’s annual financing of affordable housing units from less than 500 units to over 2,500 units annually. Jamie A. Smarr, Senior Vice President, Affiliate Program Jamie Smarr is responsible for two essential Foundation programs. Under his leadership, The NHPF Affiliate Program brings managerial strength in finance, asset management, resident services, and fund raising to local nonprofits and community-based organizations seeking to undertake development projects. He also provides leadership to the NHPF Acquisitions program, which actively seeks to acquire properties and partnership interests in portfolios of affordable housing, including Section 8, FHA insured, Mark to Market, and expiring LIHTC transactions. His experience includes Executive Director of the New York City Educational Construction Fund, which is engaged in public-private real estate development partnerships for the New York City school system. Over 12 years of service, Mr. Smarr also was a senior aide to five New York City Schools Chancellors, where he was responsible for capital planning, operations, after school programming and public/charter school development. He had previously served as Director of Tax and Zoning Incentives for New York City’s Housing Preservation and Development Department, where more than 1,500 units of low-income housing were created under his leadership via public-private development partnerships. His education includes a Masters in Education from Columbia University Teachers College, a Master in Public Policy from Harvard and a BA in Political Science from Duke University. He also counts in his experience continued studies in finance and taxation at NYU. He was awarded the Woodrow Wilson Fellowship in Public Policy and International Affairs for Graduate Study by Princeton University. Thomas G. Vaccaro, Senior Vice President/Corporate Secretary The application of his skills and experience at NHPF has been the culmination of a career focused on homelessness and affordable housing which began in 1989. At NHPF Mr. Vaccaro is responsible for creating and growing the robust 4-member External Affairs team which encompasses thought leadership, PR/marketing, creation/maintenance of all organization collateral materials and websites, data analysis, fundraising, and as Corporate Secretary he oversees all paralegal activities for the corporate structure, which includes over 200 subsidiaries. In addition, Mr. Vaccaro is also credited with conceiving and producing NHPF’s widely respected bi-partisan Annual Symposium & Dinner which began in 2017 and averages over 90 corporate sponsors and 400 in attendance. The event has earned the Hanley Wood Brand Builder Platinum Award for Best B2B Custom Event as well as a Telly Award for its video, “Delivering on Our Commitment.” Earlier in his career, Mr. Vaccaro worked for the Salvation Army’s Western Division. There, he skillfully directed the organization’s housing programs, which included emergency shelters, transitional housing programs, off-site scattered single-family housing, and a psychiatric housing program for the homeless. Mr. Vaccaro received HUD’s National Blue Ribbon Best Practice award for co-creating and chairing the Omaha Area Continuum of Care For The Homeless and he was recognized by the United Way of the Midlands with its Leota G. Norton Community Service Award for his efforts in working with the homeless. After earning a B.A. from St. Louis University in Psychology with an emphasis on homelessness and domestic violence, Mr. Vaccaro went on to Catholic Theological Union for Master Studies of Divinity. Joseph P. Wiedorfer, Senior Vice President, Assistant Corporate Secretary is a member of the Senior Management Team, primarily responsible for the acquisition, finance and development of multifamily housing properties regulated under various Federal and State affordable housing programs. He is well versed in transactions including Section 8, FHA insured, Mark to Market, and Low-Income Housing Tax Credits (LIHTC). This work includes helping to build a national apartment portfolio by acquiring 33 properties, containing over 6,400 apartment units in 12 states, at an aggregate cost of $150 million. His earlier career included 10 years of service at The National Corporation for Housing Partnerships, the congressionally chartered organization responsible for creating NHPF. Over the course of his career, Mr. Wiedorfer has acquired 26 properties, completed $175 million of tax-exempt bond financings for 18 properties, sold 17 properties, closed a pass-through trust that provided unsecured secondary financing to 31 HUD rent-assisted properties, and has coordinated over $50 million of rehabilitation work. Included in

the tax-exempt bond transactions was a $21 million LIHTC refinancing of a 216-unit property in St. Louis, MO, that also included Historic Tax Credits. Mr. Wiedorfer was responsible for the property being listed in the National Register for Historic Places. Mr. Wiedorfer holds a B.S. degree from the University of Maryland at College Park.

NHPF O FFICERS Mansur Abdul-Malik , Vice President, Development Mr. Abdul-Malik joined NHPF in 2012 soon after receiving his Master of Science in Commercial Real Estate Development from the University of Maryland, College Park. In his role as vice-president, he is responsible for the full scope of affordable housing development, including site feasibility, due diligence review, developing and managing capital and operating budgets, raising public and private debt and equity, and overseeing teams of design, engineering, and construction professionals. He is knowledgeable in complex financing and ownership structures with both new construction and acquisition/rehabilitations using sources of funds that include 4% and 9% LIHTC, tax- exempt bonds, state/city soft money, conventional debt, and affordable housing grants (i.e., FHLB). His experience also includes solar financing and structuring, extensive work with housing authorities via the RAD program, Tenant Opportunity to Purchase Act (TOPA) acquisition and redevelopments in the District of Columbia with tenant groups, and large-scale urban scattered site redevelopment. Mr. Abdul-Malik is also an integral part of the acquisitions team. He provides valuable experience and expertise when responding city, state and housing authority issued RFPs, assessment of new acquisitions in the Maryland/District of Columbia corridor and offering his specific local expertise of Baltimore City which led to NHPF being selected as the master developer for a neighborhood redevelopment of 17-acres in Baltimore City, MD. Aside from his professional experience, Mr. Abdul-Malik donates his time as a mentor to several high school and college students as well as being an active contributor to the Urban Land Institutes Urban Plan Program which teaches basic concepts of real estate development to high school and college students, and local government officials. He also sits on the Montgomery County Planning Department’s Art Review Committee, the Generation HAND board for the Housing Association of Nonprofit Developers and represents NHPF on the Washington Nationals Youth Baseball Academy Landlords/ Property Owner’s roundtable. Lastly, he is a volunteer youth bowling coach for the Linthicum AMF Lanes in Glen Burnie, MD and a volunteer youth basketball coach for the Old Court Recreation Center in Old Court, MD. Scott L. Barkan, Vice-President, Development is responsible for the full scope of affordable housing development, including site feasibility, developing capital and operating budgets, raising public and private debt and equity, and overseeing teams of design, engineering, and construction professionals. He is experienced in new construction as well as acquisition/rehabilitations. He is an expert in complex public- private financing and has extensive experience with Low-Income Housing Tax Credits, New Market Tax Credits, tax-exempt financing, local and State funds, private lenders, and investors, as well as HUD funding opportunities. Prior to joining The NHP Foundation, Mr. Barkan was a Senior Housing Developer at Beacon Development Group in Seattle, WA where he developed over 400 units of housing in seven projects. He also served as a Senior Real Estate Developer for the SouthEast Effective Development (SEED) in Seattle and as Special Assistant to the Deputy Mayor for Planning and Economic Development in Washington, DC. Mr. Barkan holds a BA in Political Science and Political Economy from Washington University and a Master of Public Policy from the Kennedy School of Government at Harvard University. Carlos A. Gonzales , Vice President, Asset Management Mr. Gonzales plays a key role in the ongoing oversight and performance of NHPF’s multi-family portfolio, performing a wide variety of tasks related to the planning, development, and operation of affordable housing. He works with third-party asset management and third-party property management companies overseeing the operations of the portfolio, to maximize operating results and increase value of the assets. Prior to joining NHPF, Mr. Gonzales served as a Financial Analyst at JP Morgan Chase. Previously, as a Grants & Government Contracts Analyst for the Local Initiatives Support Corporation, he led the evaluation and implementation of LISC, Federal agencies, and OMB budget policies for a $70 million portfolio of government contracts and grants. Most recently, Mr. Gonzales served as an Asset Manager for the National Equity Fund, Inc., where he was responsible for the complete financial, property management, and compliance performance of a complex investment portfolio in affordable housing located in distressed communities. Financed by Investor's Equity, City Funds, and Muni Bonds, that portfolio had $350 million in investor equity. He has a B.S. in Pure Mathematics and a M.S. in

Risk Management from the City University of New York and has also earned the Housing Credit Certified Professional (HCCP) designation. John G. Hoffer, Vice President has over 25 years of housing industry experience. During the past three years, he has been responsible for securing approximately $145 million in acquisition and development funding for NHPF. He began his career at the New Frontier Group (NFG), in Chicago. As NFG’s Director of Asset Management he was responsible 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. Mr. Hoffer 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. Tim Pryor, Vice President, Acquisitions is responsible for the acquisition, predevelopment, and development of affordable housing at NHPF. Pryor has responsibility for recommending the acquisition of new properties, identifying, and negotiating financing for new acquisitions, applying for public financing, and managing construction draws. Mr. Pryor has participated in more than $75 million in new acquisitions at NHPF, including properties with a total of 653 units. Prior to joining NHPF, Mr. Pryor held real estate project management and coordination positions in the public and private sector, including at a for-profit affordable housing developer and market-rate, mixed-use developer. Mr. Pryor has a Bachelor of Arts degree from McGill University and a Masters in Urban Planning degree from the Harvard University Graduate School of Design. Meade Rhoads, Vice President , Construction Management , joined TheNHP Foundation (NHPF) as a fulltime employee inAugust of 2015. Prior to joiningNHPF,Mr. Rhoadswas owner and principal ofMadisonVentures andGreen- Build LLCs. He foundedMadison Ventures to provide commercial real estate sales and leasing services inVirginia to businesses and institutional clients likeNHPF. Madison performed acquisitions, sales, andpropertymanagement for real estate owned. Green-Buildwas founded and licensed inVirginia as a Class A general contractor. Mr. Rhoads’ companies provideddevelopment and construction services on single family andmulti-family residential properties. Green-Build also provided annual contract services to the Commonwealthof Virginia and real estate acquisition anddue diligence services to institutional clients includingNHPF. Mr. Rhoads has over 20 years of experience in commercial real estate and construction. He continues tomaintainhis real estate and construction licensing. He received his B.S. fromElonUniversity and hisM.B.A. fromTheGeorgeWashingtonUniversity. Ian Sobel, Vice President, Asset Management joined The NHP Foundation in 2016 and has more than ten years of property and asset management experience in multi-family housing. He is a detail and results driven manager with a track record of strategic operational analysis and implementation, leading to improvements in bottom line performance and market position of his portfolio. He currently oversees 3,500 units in NHPF’s stabilized and development portfolio, constituting $350 million in AUM. His duties also extend to acquisition/disposition support, fund asset management, construction and development oversight, and LIHTC / bond transaction implementation. Prior to joining NHPF, Mr. Sobel spent six years as the Director of Asset Management at Esponda Associates. During that period, he directed the property operations team and delivered a 50% increase in net operating income across the $100 million portfolio. He also oversaw more than $8 million in capital projects and assisted in the underwriting of $20 million in acquisitions and long term investment leases. Mr. Sobel received his BA from Northwestern University.

Kenneth D. White, Vice President is the National Director for NHPF's extensive resident services program. In this capacity he directs a team of coordinators providing on-site programs and services and manages a budget of $1.7 million. In January 2015, NHPF’s resident services division, known as Operation Pathways, became a separate 501(c) 3 organization while remaining an affiliate of NHPF. Mr. White now serves as Operation Pathways’ Executive Director and Chief Operating Officer. In this dual capacity White manages public funding in the form of federal, state, and local government grants, as well as private funding from foundations and corporations. As Executive Director of Operation Pathways, Mr. White works closely with NHPF developers in the design and build-out of community centers and other common spaces as well as supporting onsite programming efforts leading to positive outcomes for NHPF residents. He designed the strategic planning efforts that led to successful program delivery organized in the areas of Pathway to Academic Achievement, Pathway to Healthier Living, Pathway to Financial Stability, Pathway to Aging in Place, and Service Coordination. Prior to joining NHPF, Mr. White was the Manager of Education and Training at Community Preservation and Development Corporation, where he directed all educational programs for low and mixed income housing communities. Additionally, he spent nine years in education, both as a teacher and school principal. White received a B.A. from Saint Michael's College and a M.Ed. from the University of New Orleans.

Ralph F. Boyd, Jr., Chair President and CEO SOME (So Others May Eat) Former Assistant Attorney General of the United States

Ralph F. Boyd Jr., Trustee/Chairman has been the Board Chair since 2013, having joined the Board in 2005. He is currently on the HR & Compensation Committee and the Nominating & Governance Committee. He formerly served on the Investment and External Affairs Committees. Mr. Boyd is President and CEO, SOME (So Others Might Eat). He formerly was a Senior Resident Fellow for Leadership and Strategy for The Urban Land Institute. He is the former Chief Executive Officer of the American Red Cross, Massachusetts. Previously Boyd served as the Executive Vice President of Community Relations at Freddie Mac and Chairman of the Board and Chief Executive Officer of the Freddie Mac Foundation. Earlier in his career, he was the Assistant Attorney General of the United States and was in private legal practice in Boston, MA. Mr. Boyd also served on the Board of Directors of DIRECTV Group, Inc. and was the U.S. Representative to the United Nations Committee on the Elimination of Racial Discrimination in Geneva. Boyd received a B.A. from Haverford College and a J.D. from Harvard Law School.

Glynna Christian Head of Global Technology Transactions Holland & Knight LLP

Glynna Christian, Trustee/Vice Chair , a position she assumed in 2020. Ms. Christian joined the Board in 2019 and currently serves on the Audit, HR & Compensation; and Nominating & Governance Committees. She previously worked on the External Affairs Committee and as Chair of the Audit Committee. Ms. Christian is the Head, Global Technology Transactions, of international law firm, Holland & Knight LLP. Ms. Christian advises both emerging and established companies, serving as a trusted adviser in deal-making across virtually all operational and strategic areas of their businesses. She has more than 20 years' experience counseling clients on emerging and transformative technology, communications, media, and data transactions that are strategic to her clients’ businesses. Ms. Christian earned her J.D. from the University of Memphis Cecil C. Humphreys School of Law, 1994, cum laude, and her B.A. from the University of North Texas, 1990, cum laude. An active and sought-out thought leader, Ms. Christian has lectured for a variety of professional organizations and written numerous articles on technology and digital transactions.

Robert H. Abrams Director and Founder, Program in Real Estate (retired) Cornell University Founder & Former President Abrams Benisch Riker, Inc.

Robert H. Abrams, Trustee joined the Board in 2009 and has been the HR & Compensation Chair since 2018. He is currently on the Audit and Investment Committees and formerly served as Audit Committee Chair. Mr. Abrams was the founding director of the Program in Real Estate at Cornell University. He was previously President of Abrams Benisch Riker, Inc. a leading real estate management and leasing firm in New York City. Earlier in his career he served as Executive Vice President of the Cross and Brown Company. He serves on the Board of the Sirus Fund which is funding low income housing in New York City. Mr. Abrams is a Trustee Emeritus and Presidential Counselor at Cornell. Abrams received a B.S. from Cornell University and an M.B.A. from Harvard Business School.

Richard F. Burns President & Chief Executive Officer The NHP Foundation

Richard F. Burns, Trustee, President & Chief Executive Officer joined NHPF as trustee, president & CEO in 2009. He currently serves on the Nominating & Governance, Investment and External Affairs Committees. He formerly served on the HR & Compensation Committee. Mr. Burns has overseen the $775M acquisition/preservation of 50 properties representing over 9,000 units. In addition, he created a predevelopment/acquisition fund, and working closely with partner organizations, underwrote the funding for eight affordable housing complexes, with 1,320 units. During his tenure at NHPF, Burns has led the efforts to secure $483 million in development funding using the Low-Income Housing Tax Credit (LIHTC), which he calls the “affordable housing industry’s most successful production tool.” Mr. Burns is a real estate investment professional with over 40 years of experience managing money for pension funds and other institutional investors, both domestic and foreign. He has participated in the start-up of three real estate investment management firms where he was a founder and senior partner and has had extensive experience investing in multifamily real estate. While a partner in one of the largest affordable multifamily investment firms, Mr. Burns gained experience with the various government programs available for affordable housing. This experience, combined with his in-depth knowledge of apartments and years of work on not-for-profit boards, allows him to lead The Foundation in its mission to provide quality, affordable, rental housing and resident services for low and moderate income families and seniors. Mr. Burns earned a B.S. from Boston College and a M.B.A. from Boston University.

The NHP Foundation www.nhpfoundation.org

Sarah E. Feinberg Founder, Feinberg Strategies, LLC

Cherie Santos-Wuest Managing Partner Celadon Venture Advisors Former Director Global Social & Community Investing TIAA-CREF

Cherie Santos-Wuest, Trustee, joined the Board in 2013 and is the current Audit Chair. She also serves on the HR & Compensation and External Affairs Committees. She previously served on the Investment Committee. Ms. Santos- Wuest is the Managing Partner for Celadon Venture Advisors, LLC, where she advises private equity real estate firms and institutional investors on capital markets, ESG integration and impact investment initiatives. Previously she was Principal Investment Officer in Real Estate for the CT state pension funds, where she managed $2.5B in commitments to Real Estate investments. Prior to this, Ms. Santos-Wuest served in various capacities at TIAA- CREF, among these as Director in TIAA’s Global Social and Community Investments group, where she managed the Program’s $580+M debt and equity RE portfolio and launched the $50M Green Building Technology Program venture capital fund. In other roles at TIAA, Santos-Wuest served as a Director in TIAA’s Global Private Markets group, responsible for originating over $1.2B in large loan investments in various territories across the U. S. and Canada. Ms. Santos-Wuest has over 25 years of real estate industry experience, including positions at national corporate real estate firms and international architectural design firms. Ms. Santos-Wuest has a B.S. in

The NHP Foundation www.nhpfoundation.org

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