Bio: Nancy Welsh, Founder and CEO, Builders of Hope Holder of the nation's first U.S. Process Patent for her method of building Green Communities, Welsh has been lauded for her achievements in affordable housing and green building and has set a new standard for "extreme green" affordable housing, recycling entire houses otherwise destined for demolition and outfitting them with the latest in energy efficiency - all the while providing jobs to under-served communities. The success of Builders of Hope is being heralded as a universal solution to the abandonment and blight crisis facing cities nationwide. The Wall Street Journal called Builders of Hope, “potentially the most politically correct housing development on the planet." The non-profit’s innovative approach to sustainable rehabilitation has proven invaluable to the REO/foreclosure arena, establishing energy-efficiency benchmarks and sustainability standards for cost-effective rehab. The concept started in North Carolina and is quickly spreading with multiple offices throughout the Southeast and Midwest.. Social Entrepreneur Nancy Welsh is an inspiring example of how determination, a thoughtful approach and environmental leadership are a winning formula for the millions of Americans in need of affordable housing. She was the focus of a book entitled "Builders of Hope: A Social Entrepreneur's Solution for Rebuilding America." She has been featured on PBS, the Washington Post, and Wall Street Journal, USA Today, CBS News, NPR, and has received national awards such as The Edison Award for innovation and National Housing Conferences’ Pioneering Housing Strategies of the Year Award.
Education: B.A. Communications, University of Tennessee, Knoxville
Bio: Director at McGladrey, leading the Affordable Housing Practice. Over last 34 years focused on affordable housing and community development led consulting activity for Ernst & Young's Tax Credit Investment Advisory Services, as a housing and community development consultant for my own firm, created & led Cushman & Wakefield's Affordable Housing Group, Partner for 10 years focusing on affordable housing consulting & underwriting at Boston Financial Group & early in career worked in housing/CD for local,state & Federal Government.
Education: MCRP, Graduate School of Design, Harvard University Bachelors Degree in Community Development at Rutgers University AICP (On-going professional requirements & certification courses as a member of the American Institute of Certified Planners-Charter Member since 1978) MAI (On-going Certification requirements and coursework for the Appraisal Institute's membership-since 1991) NCHMA (National Council of Market Analysts-(On-going Certification requirements and coursework. Founder & First Chair, 2001-2012)
Key Publications: Most Relevant 1) http://mcgladrey.com/pdf/wp_second_quarter_2012_tax_credit_housing_disposition.pdf 2) http://mcgladrey.com/Bank-Notes/Low-income-housing-tax-credit-Benefits-for-community-banks 3) http://intranet.mcgladrey.rsm.net/tax/home/News/Pages/Lowincomehousingtaxcreditduediligence.aspx 4) “MixedIncoHousingJan2001.pdf”: Published in Multifamily Housing Advisor January/February 2001, The Challenges of Underwriting Mixed Income Tax Credit Developments 5)November 13, 2000 Presentation to the National Housing & Rehabiliation Association’s NH&RA) Fall Forum, INNER CITY NEIGHBORHOOD SUITABILITY ANALYSIS 6)Published in Affordable Housing Finance January 2000, "Conventional Interest In Unconventional Real Estate" (Private market interest in affordable housing)
Other Publications: Co-wrote & Co-taught Appraisal Institute Course, Appraising Affordable Housing (Transcript published for course.)
Past Assignments: 2012 Only Sept. 2012 National Association of State & Local Equity Funds (NASLEF) Annual Conference: (1) Y15 Market Overview and Disposition Lessons Learned" (2)Developing with Resident Services - Is This a Trend or the Future? June 2012 National Council of State Housing Finance Agencies (NCSHA)"Overview, Principles and connecting to social impact financing" Feb. 2012 National Housing & Rehabilitation Association (NH&RA) Feb. 2012 Resident Services {An Investor Perspective : How Resident Services in LIHTC Housing optomizes social impact} Saturday February 25, 2012 NH&RA Annual Meeting