Hawaii Housing Finance, LLC

Stacy L. Sur, Member
3660 Waialae Avenue, Ste 210
Honolulu, Hawaii 96816
Telephone: (808) 738-0800 x 202
Fax Number: (808) 738 0802
E-Mail: stacy@hi-housingfinance.com

Donald L. Tarleton, Member
3660 Waialae Avenue, Ste 210
Honolulu, Hawaii 96816
Telephone: (808) 738-0800 x 203
Fax Number: (808) 738 0802
E-Mail: don@hi=housingfinance.com

Organization Description
Hawaii Housing Finance, LLC was formed in 2003 and acquired the business of Hawaii Investors for Affordable Housing, Inc. (HIAHI) in 2007. Its mission remains the same, furthering the development of affordable housing in the State of Hawaii through the creation of tax credit equity funds, and by providing technical assistance to developers. To date, these organizations have created seven funds raising $123.2 million dollars and assisting 1,186 housing units throughout the state.



Homestead Capital

Tobias W. Washington, Jr., President
805 S.W. Broadway, Suite 1500
Portland, OR 97205
Telephone: (503) 276-1555
Fax Number: (503) 276-1564
E-mail: tw@homesteadcap.com
Web: www.homesteadcap.com

Organization Description
Homestead Capital is a not-for-profit syndicator of low-income housing tax credits, and has invested $471 million in 102 projects comprising approximately 5000 units of affordable housing. The company’s success is a result of its regional expertise and regional commitment to “House People, Build Communities.”

Homestead Capital was formed in 1993 to encourage corporate investment in Oregon, and now considers its market area to be the Western States of Oregon, Washington, Idaho and Utah. In addition to tax credit syndication services, Homestead Capital also provides technical assistance to housing development sponsors at no cost, and operates Homestead Community Financing, a community development loan fund.

Housing Vermont

Nancy Owens, President
123 St. Paul Street
Burlington, VT 05401
Telephone: (802) 863-8424
Fax Number: (802) 660-9034
E-Mail: nancy@HVT.org
Web: www.hvt.org

Organization Description
Housing Vermont (HV) is a full-service housing development company formed in 1988 as a nonprofit corporation. HV works in partnership with local communities to build and rehabilitate permanently affordable housing throughout the State. HV has an ownership interest in more than 135 properties containing more than 4,000 apartments. HV has raised nearly $200 million in tax credit equity through the LIHTC and historic rehabilitation programs.




Kansas City Equity Fund, LLC

Erica A. Dobreff, President
2 Cleaver Boulevard, Suite 405
Kansas City, MO 64112
Telephone: 816 753-0941
Fax: 816 753-0949
E-mail: edobreff@kcequityfund.com
Web: www.kcequityfund.com

Organization Description
The Kansas City Equity Fund was established in 2006, as an affiliate of the St. Louis Equity Fund, to provide equity for affordable housing in the 15-county Kansas City Metro area. Our mission is to effectively utilize corporate investment and available tax incentives to stimulate the development of rental housing affordable to low- and moderate-income families and seniors. We strive to revitalize neighborhoods through public/private cooperation and superior asset management.

Massachusetts Housing Investment Corporation

Peter Sargent, Director of Capital Development
70 Federal St.
Boston, MA 02110
Telephone: (617) 850-1027
Fax Number: (617) 850-1127
E-Mail: sargent@mhic.com
Web: www.mhic.com

Organization Description
MHIC was created in July of 1990 to provide financing for affordable housing and community development throughout Massachusetts. The Corporation provides construction, permanent, and acquisition financing for projects with at least a 20 percent affordable component. The corporation also purchases low income housing tax credits through its subsidiary, The Massachusetts Housing Equity Fund, Inc., and provides New Markets Tax Credit financing. To date, the corporation’s LIHTC portfolio contains approximately 13,000 rental units invested in over 300 properties in Massachusetts. MHIC is also an active participant in the New Markets Tax Credit Program having received five allocations totaling $454MM. NMTC investments are made throughout the six New England States, primarily concentrated in Massachusetts.



Merritt Community Capital Corporation

Bernard T. Deasy, President
1970 Broadway, Suite 250
Oakland, CA 94612
Telephone: (510) 444-7870
Fax Number: (510) 444-7874
E-Mail: BDeasy@merrittcap.org
Web: www.merrittcap.org

Organization Description
Merritt Community Capital Corporation is a private, nonprofit 501(c)(3) corporation providing equity financing to affordable housing developers throughout California. Since 1989, the corporation has raised more than $355 million in capital for affordable housing development. Merritt Capital currently manages 12 upper tier limited partnerships and numerous direct investments. It is in the process of forming a 13th partnership fund. These funds invest in nine percent and four percent Low Income Housing Tax Credit projects and Acquisition with Moderate Rehabilitation projects. Merritt Capital has provided equity which has resulted in the creation or rehabilitation of 4,722 units of affordable housing and it manages a portfolio of over 3,950 units of housing.



Midwest Housing Equity Group, Inc.

Jim Rieker, President
13520 California Street, Suite 250
Omaha, NE 68154
Phone: (402) 334-8899
Fax Number: (402) 334-5599
E-Mail: JRieker@mheginc.com
Web: www.mheginc.com

Organization Description
Midwest Housing Equity Group, Inc., (MHEG) is a non-profit organization, created in 1993, that raises capital to invest in affordable housing throughout the Midwest. Its mission is to change lives for a better tomorrow by promoting the development and sustainability of quality affordable housing. MHEG has offices in Omaha, Nebraska; Topeka, Kansas; Des Moines, Iowa; and Oklahoma City, Oklahoma; with each state offering a separate syndication fund for low income housing credits and historic tax credits.

In addition, MHEG staff provides technical assistance to developers, owners and management companies on the development and management of tax credit properties. To date, MHEG has raised over $600 million of equity into affordable rental housing throughout the four-state area, creating and sustaining over 7,000 units of affordable housing.



Mountain Plains Equity Group, Inc.

Donald Sterhan, President
490 N. 31st Street, Suite 101
Billings, MT 59101
Telephone: (406) 254-1677
Fax: (406) 869-8693
E-Mail: sterhan@mpequity.com
Web: www.mpequity.com


Organization Description
Mountain Plains Equity Group, Inc. (MPEG) was established in 2003 as a Wyoming non-profit organization with the direction to serve as a Low Income Housing Tax Credit (LIHTC) syndicator in its founding states of Montana, North Dakota, and Wyoming. Over the course of the last 7 years, the Company has served its mission and grown its operations to also include LIHTC projects in Colorado and South Dakota. In addition, MPEG expanded its scope taking on the Asset Management of Tax Credit Exchange (TCEP) and Tax Credit Assistance (TCAP) projects in Alaska and North Dakota.

MPEG plays an active role in the development of affordable housing projects by providing equity investment capital and other key resources to project developers in the Rocky Mountain Region. As a manager of investor equity funds, MPEG puts investment capital to work in the LIHTC market place by purchasing the tax credits awarded to qualified projects. As a tax credit syndicator, MPEG brings together developers and investors to promote affordable housing, community growth, and a better quality of life for the low-income population.

In addition to its financing role, MPEG also provides services in the early-stage planning, design, and development of a project. MPEG has the development expertise and technical support necessary to partner with developers as a consultant in any given tax credit project.

In early 2010, MPEG was purchased by its President, Don Sterhan. The company has therefore converted to a Montana for-profit corporation. The Company continues to operate under the leadership of Mr. Sterhan and serves the same founding mission.

Northern New England Housing Investment Fund

John Anton, President
183 Middle Street, 3rd Floor
Portland, ME 04101
Telephone: (207) 772-8255
Fax Number: (207) 772-8241
E-Mail: janton@housinginvestmentfund.org
Web: www.housinginvestmentfund.org


Organization Description
The Northern New England Housing Investment Fund (NNEHIF) is a private, nonprofit 501(c)(3) corporation providing equity capital, technical assistance and consulting to affordable housing developers throughout Maine and New Hampshire. Since 1996, the corporation has raised more than $325 million in equity capital for affordable housing development. NNEHIF currently manages thirteen upper tier limited partnerships, in Maine and New Hampshire. Since 1996, NNEHIF has invested in the development of over 3,340 units of affordable housing.


Ohio Capital Corporation for Housing

Hal Keller, President
88 E. Broad St., Suite 1800
Columbus, OH 43215
Telephone: (614) 224-8446
Fax Number: (614) 224-8452
E-Mail: HKeller@occh.org
Web: www.occh.org

Organization Description
The Ohio Capital Corporation for Housing (OCCH) was created in 1989 by the Ohio Housing Finance Agency and is now an independent and self-supporting 501C3 nonprofit organization with its own Board of Directors. OCCH provides an array of services to investors, developers, management companies and others in the affordable housing industry. OCCH has three primary areas of focus: raising tax credit equity for LIHTC projects, providing technical assistance and financial packaging for both non-profit and for profit developers, and performing asset management of our portfolio. OCCH raised over $1.85 billion in equity investment, financed more than 22,000 affordable housing units, and assisted in the creation of more than 425 projects.



St. Louis Equity Fund, Inc.

John Wuest, President/CEO
707 N. 2nd St., Suite 308
St. Louis, MO 63102
Telephone: (314) 436-7810
Fax Number: (314) 436-1907
E-mail: JohnW@slefi.com
Web: www.slefi.com

Organization Description
The St. Louis Equity Fund has played a critical role in creating affordable housing during the past 21 years. SLEFI has raised over $245 million since its inception, creating $440 million of investments in housing throughout the State of Missouri and Southern Illinois. In 2006, the Board of Directors approved a strategic plan that included reconstructing the governance structure of the organization and an expansion to the Kansas City area. The new governance structure allows Investors to serve on the Board of Directors or on one of the four standing committees. The Kansas City Equity Fund was formed in the fourth quarter of 2006 and is fully operational.

In addition to the day-to-day activities of development and asset management, SLEFI has devoted significant staff and financial resources to the following areas:

• Community Asset Management Company (CAMCO) continues to address the need for quality property management and resident support services.
• SLEFI's Pre-Development Loan Program offers developers of affordable housing and historic rehabilitation projects financial assistance at the earliest stages of development.
• SLEFI completely rebuilt Tax Credit Manager, a web based database designed to answer an industry-wide need for quality data management.
• SLEFI does act as a general partner-developer on certain occasions.