Affordable Housing Category Archives

Affordable Housing Leaders Joe Hagan and Joe Wishcamper to Receive Prestigious NH&RA Vision Awards

Industry to honor the Joes at October 16 luncheon at Boston’s Harvard Club

WASHINGTON, DC (September 9, 2019) – The National Housing & Rehabilitation Association (NH&RA) announced today that two affordable housing champions– Joe Hagan, President Emeritus at the National Equity Fund, Inc. (NEF) and Lyndel J. “Joe” Wishcamper, President at The Wishcamper Companies, Inc.–will receive the 2019 Affordable Housing Vision Award in recognition of their stewardship and expansion of affordable housing opportunities for low-income families around the country.  The awards will be presented at a luncheon in conjunction with the NH&RA Fall Developers Forum on October 16 at the Harvard Club of Boston.

Joe Hagan

Lyndel J. “Joe” Wishcamper

National Equity Fund

The Wishcamper Companies, Inc.

JoeHagan Joe Wishcamper

“Our 2019 honorees represent the very best of our field. In their decades of work to promote affordable housing developments and policy,” said NH&RA president Thom Amdur.  “Joe Hagan and Joe Wishcamper have demonstrated innovation, leadership and commitment to their respective businesses and the affordable housing community. They have each led teams responsible for the financing and preservation of tens of thousands of affordable apartments across country and countless more community development projects.”

“Joe Hagan and his colleagues at the Ohio Housing Finance Agency saw the early potential of the LIHTC to raise capital for affordable housing,” says Peter Bell, CEO of NH&RA.  “He and small handful of Housing Finance Agency executives proactively collaborated with private sector developers to educate institutional investors on the potential of the program.  He was a fixture at early forums hosted by NH&RA as the affordable housing community developed financing models, program rules and best practices for what would become most affordable housing development tool in the US.”

“Joe Wishcamper has dedicated his career to serving affordable housing residents.  He has specialized in preserving at-risk affordable housing assets for the long-term,” says Amdur.   “He is also a dedicated advocate for the affordable housing cause, advocating for affordable housing and community development programs in the executive branch, U.S. Congress and state legislatures.”

Joe Hagan, National Equity Fund, Inc.

Since joining National Equity Fund, Inc. in 2000, Hagan has been instrumental in building the organization into a formidable industry leader, which has generated in excess of $15 billion in LIHTC equity investments that helped create 176,804 affordable homes in 2,687 developments across the country since its 1987 inception.  “Hagan’s career has spanned the public, private and non-profit sectors where he has helped transform numerous organizations into leaders in the affordable housing industry,” notes Amdur.  “Hundreds of thousands of low-income Americans have benefited from Joe’s leadership and creativity in affordable housing finance.”

A native of Youngstown, Ohio, Hagan began his career in affordable housing in 1979 as the Executive Director at Near North Housing, a neighborhood nonprofit working on homeownership, before taking on the role of Executive Director of the Pickaway Metropolitan Housing Authority in 1981.  A few years later he became the Director of Multifamily Finance at the Ohio Housing Finance Agency (OHFA), where he launched the agency’s efforts to implement the Low-Income Housing Tax Credit (LIHTC) after the passage of the Tax Reform Act of 1986.

In 1989 Hagan joined with Hal Keller to create Ohio Capital Corporation for Housing (OCCH), one of the first state equity funds in the country. He served as President of OCCH until 1993, when he was named President of the newly formed Bank One Community Development Corporation, making investments across 12 states. Bank One was later acquired by JP Morgan Chase. Joe joined NEF in 2000 at a time when the company was struggling to adjust to changing market dynamics. Under his leadership NEF, has consistently been ranked by volume as one of the top three tax credit equity syndicators annually with a focus on mission-driven investments with long-term developer and investor partners.  In addition to his long-term affiliation with NH&RA, Hagan also served as the President of the Affordable Housing Tax Credit Coalition and has been feted by numerous organizations including Fannie Mae, the Affordable Housing Investors Council and Affordable Housing Finance Magazine.

Joe Wishcamper, The Wishcamper Companies, Inc.

Joe Wishcamper began his career in affordable housing in 1970 and in his nearly fifty years as a community developer has owned, developed or redeveloped over 15,000 affordable housing apartments throughout the country.  Over the course of his career he became an expert and innovator in almost every major federal community development program run by the U.S. Department of Agriculture Rural Housing Services, the U.S. Department of Housing & Urban Development (HUD) and the U.S. Department of the Treasury. Through his affiliated companies, Wishcamper owns interests in properties in 25 states.

In addition to his role leading the Wishcamper Companies, Joe is also the Executive Board Advisor to Wishrock Housing & Investment Group, a major affordable housing development company led by Joe’s son, Rick Wishcamper.  He is also a partner in Wishcamper Development Partners, an affordable housing development company headquartered in Portland, Oregon, led by Fletcher Ray and Justin Metcalf.  He is a long-time member of NH&RA and the National Leased Housing Association.

“Throughout his career, Joe Wishcamper has distinguished himself as an innovator and early adopter across the spectrum of affordable housing programs,” notes Amdur.  “I first got to know Joe when NH&RA started work on our Preservation Through Energy Efficiency Initiative in 2013.  His organization was an early adopter of sustainable development principals and become one of the first private sector affordable housing companies to become a member of the U.S. Department of Energy’s Better Buildings Challenge.  His leadership was instrumental in several major NH&RA initiatives in recent years including our Asset Management Council and Bond Developers Council.”

In addition to developing affordable housing, Wishcamper has served in leadership capacities in numerous organizations dedicated to affordable housing and community development.  He and his wife Carol founded Springboard to Opportunity, a Mississippi based nonprofit organization that works with residents of affordable housing to help them reach their goals in school, work and life.  He was the founder and first president of the Maine Real Estate Development Association, the chair of the Board of Trustees of the University of Maine System, Maine Public Broadcasting and the Maine Chapter of The Nature Conservancy.  He served as a board member of the Maine Medical Center, Cumberland County Civic Center and Loring Air Force Base Redevelopment Authority, and a number of nonprofit organizations.  He has also received a number of awards for civic and philanthropic leadership, having been named as Spurwink Humanitarian of the Year and the Colby College Maine Philanthropist of the Year.

Married for 53 years, he is proud of his wife, Carol, and his sons Henry and Rick.

NH&RA congratulates both of our honorees and thanks you for your life-long commitment to affordable housing. To learn more about the Affordable Housing Vision Awards and the NH&RA Developer’s Forum, visit www.housingonline.com.

About the Affordable Housing Vision Awards

Each year since 2004, NH&RA has bestowed its Affordable Housing Vision Award to affordable housing and community development leaders who have made valuable contributions to the field and demonstrated years of leadership, commitment and imagination. Previous Vision Award winners include the late Mayor Tom Menino, former Congressman Barney Frank, Jack Manning of Boston Capital and Lisa Alberghini of the Boston Archdiocese Planning Office for Urban Affairs.

About NH&RA

For more than 40 years, the National Housing & Rehabilitation Association has been providing an ongoing forum for professionals in affordable housing and historic rehabilitation to exchange information and build new business relationships. For more information on the Vision Awards, the Fall Developers Forum, or NH&RA, please visit our website at www.housingonline.com or contact Thom Amdur, 202-939-1753, tamdur@housingonline.com.

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PAST AWARDEES

NH&RA Elects New Directors and Officers; Thom Amdur Named President at Recent Annual Meeting in Miami, FL

FOR IMMEDIATE RELEASE

Press Contact: Thom Amdur, President
National Housing & Rehabilitation Association
202-939-1753 or tamdur@housingonline.com

March 6–The National Housing & Rehabilitation Association is proud to announce that its Board of Directors elected Robert Fein, Principal and Chief Operating Officer for Red Stone Equity Partners, as its Chair and named Thom Amdur as the organization’s new president at NH&RA’s 2019 Annual Meeting in Miami Beach.   Bob succeeds David Abromowitz, Of Counsel at Goulston & Storrs in Boston, Massachusetts, who served as Chair from February 2018 to March 2019.

In his role as Principal and COO, Bob is responsible for the day-to-day operations of Red Stone Equity Partners’ investment activity, overseeing the acquisition of LIHTC projects.  He is directly involved in all investor closings, and actively participates in various facets of asset management.  Bob has over 30 years of real estate experience and 20 years of LIHTC syndication experience and has participated in the acquisition and syndication of approximately $6 billion of tax credit equity.

“Bob has been an invaluable member of NH&RA for twenty years and we are looking forward to working with him in this new capacity,” says Peter Bell, CEO of NH&RA.  “Since its founding in 2007, Bob has helped grow Red Stone Equity Partners into one of the leading national equity syndication platforms – his transactional and entrepreneurial experience will serve NH&RA and the industry well in the year to come.”

Thom Amdur, a graduate of Tufts University, has served in various roles at NH&RA over the past 14 years, most recently as Executive Vice President and Executive Director.  He has been at the forefront of the association’s expansion to provide new forums for its diversified national membership, led creative initiatives on evolving topics such as energy efficiency and asset management and aggressively collaborated with other industry organizations on advocacy.  Peter Bell, who previously served as President and CEO, will retain his role as CEO.

“I have watched with pride as Thom Amdur has earned the respect and admiration of the affordable housing and tax credit development industries,” says Bell.  “He has been an innovative leader who is always ahead on the industry’s developments, trends and policies.  And he has done a great job communicating with our members and facilitating them communicating with each other.”

“I am honored to accept his new position” says Amdur.  “I am passionate about the work NH&RA members do.  I stand by in awe as they improve lives and communities.  I look forward to working closely with Bob Fein and our board to provide our members with the information and access they need to continue to provide housing and service to our society.”

Additional officers elected at the Annual Meeting include Holly Wiedemann, President of AU Associates and Geoff Brown, President of USA Properties Fund who were selected as Vice-Chairs, Joan Hoover, Executive Vice-President for Development & Finance and Conifer Realty LLC who was elected as the Board Treasurer and Milton Pratt, Senior Vice President, Michaels Development Company, who was elected as the Board Secretary.

Additionally, several new Directors were elected to NH&RA’s Board of Directors including: Chris Barnes, Vice President & Senior Project Partner, Dominium, Brent Barringer, Managing Director of LIHTC, Monarch Private Capital, Laura Burns, President and CEO, The Eagle Point Companies, Will Eckstein, Senior Vice-President, Greystone Affordable Development, Allison Kunis, Managing Member, Alpha Verde Holdings, LLC, Allyse Hollis, Director, Coats Rose, P.C. and Mark McDaniel, President and CEO, Cinnaire.

A current roster of the Board of Directors and Executive Leadership can be found on the NH&RA website at: http://www.housingonline.com/LeadershipStaff.aspx.

About NH&RA

NH&RA is a professional association of companies and individuals who are involved in affordable housing, historic rehabilitation and New Markets Tax Credit development. Members meet quarterly for serious discussions of significant issues affecting the tax credit and affordable housing industry. Designed to foster relationships, NH&RA’s meetings are renowned for the combination of cutting-edge information and opportunities to network and collaborate.

Contact: for additional information, please contact, Thom Amdur, President, NH&RA, 202-939-1753.  tamdur@housingonline.com.

NH&RA Launches 11th Annual “Timmy” Awards

For the 11th year in a row, the National Housing & Rehabilitation Association (NH&RA) invites housing professionals from across the country to join them in celebrating exceptional examples of historic rehabilitation. The “Timmys” look for a wide variety of nominees proposed by a wide variety of people interested in American architecture, design and development. If you would like to enter a deserving project, please submit an application by no later than Friday, July 31, 2015.

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NH&RA’s 2014 Vision Awardees Demonstrate Affordable Housing’s Larger Purpose

Providing housing and its resultant community benefits not just as an occupation, but as the means to sustaining the American dream, was the theme that ran throughout the emotional October 6th ceremony in Boston honoring Andrea Daskalakis and David Abromowitz as winners of National Housing & Rehabilitation Association’s 2014 Affordable Housing Vision Awards for Career Achievement.

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Former Schmidt’s Brewery and Reynolds Wrap Factory Win Prestigious Historic Rehabilitation Awards

A distressed YWCA in Cambridge, Massachusetts rehabilitated to 103 SRO units for formerly homeless and disabled women; a former Reynolds Wrap aluminum foil factory converted into 174 luxury apartments on Richmond, Virginia’s Canal District; and the adaptive reuse of the historic Schmidt Brewery into artist lofts in St. Paul, Minnesota are among the nine winning projects for the 10th Annual J. Timothy Anderson Awards for Excellence in Historic Rehabilitation (Timmy Awards).

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NH&RA Announces Winners and Finalists for 2014 Historic Rehabilitation Awards

A group of former cotton press buildings redeveloped into housing and retail, a distressed Art Deco hotel preserved as permanent supportive housing, and a vinegar warehouse converted to an art gallery are among the innovative projects chosen to receive a 2014 J. Timothy Anderson Award for Excellence in Historic Rehabilitation (“Timmy” Award).

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Two Boston-Based Leaders Announced as Recipients of NH&RA’s 11th Annual Affordable Housing Vision Awards

National Housing & Rehabilitation Association (NH&RA) announced today it will honor two housing and community development leaders with its 2014 Affordable Housing Vision Awards for career achievement. David Abromowitz, a Boston-based attorney nationally known for his expertise in affordable housing, economic and community development issues, and Andrea Daskalakis, one of the most creative minds in the New Markets Tax Credit (NMTC) industry, have been named as honorees.

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NH&RA Announces Pennsylvania “Preservation Through Energy Efficiency” Event, a Major Energy Efficiency Initiative Supported by the MacArthur Foundation

WASHINGTON, DC ““ National Housing & Rehabilitation Association (“NH&RA”) will convene its first Preservation Through Energy Efficiency Road Show (“Road Show”) on April 3 at the Hub Cira Centre in downtown Philadelphia, PA….

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Jack Manning and Vincent F. O’Donnell Honored as Affordable Housing Visionaries

Jack Manning, co-founder of Boston Capital, the largest owner/ investor in apartment housing in America and a pioneer in government advocacy for affordable housing, and Vincent F. O’Donnell, spearhead of a national initiative to save at-risk affordable housing in America, have been awarded the 2013 and 10th Annual Affordable Housing Vision Awards by National Housing & Rehabilitation Association. Popular innovators and visionaries, Mr. Manning and Mr. O’Donnell were recognized for their years of dedication, stewardship, and professional contributions in the affordable housing and community development industry at a ceremony in Boston on November 13.

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