Prudential Checklist

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

Powered by