Our Board of Directors, President and Vice President have a wide range of experience in public housing, financing and real estate development. Chairman Eugene F. Ford CPDC Board Members James G. Banks Larry H. Dale John Dillon Conrad Egan John K. McIlwain Shekar Narasimhan Joann Payne Jack Reilly Mike Robinson H. Ralph Taylor Arthur H. White President Leslie A. Steen Vice President Albert J. Browne, Jr. Gerald H. Joseph Chief Financial Officer David R. Seabrook Chairman Eugene F. Ford  founded CPDC in 1989. His 45 years of experience as a developer, operator, and financier responding to public-purpose housing programs were the source of the vision for CPDC, while his early support of the organization enabled it to grow into financial stability. Mr. Ford is founder and an owner of both Mid-City Financial Corporation (MCF) and Edgewood Management Corporation (EMC). He is Managing Partner of Mid-City Legacy, which is developing seven (7) HOPE VI projects in five cities. MCF currently serves as managing general partner in approximately 40 partnerships owning multi-family properties. EMC currently manages 20,000 apartments in 114 communities in 16 states. Mr. Ford was founder and chairman of the Institute for Responsible Housing Preservation and served on the board of Victory Housing, a non-profit specializing in the development and ownership of housing for frail elderly persons. He is a former board member of the Advisory Board of the Federal National Mortgage Association, Washington Urban League, Washington Metropolitan YMCA, and Housing Policy Commission of the State of Maryland. Mr. Ford was chairman of the Governors' Committee on Policy for Housing Working Families in Maryland. Mr. Ford has received national recognition for his public service, in particular his progressive approaches to affordable housing ownership and management, including the Federal Housing Commissioner's Award from the US Department of Housing and Urban Development (HUD), Housing Man of the Year Award by the National Housing Conference (1989), the Private Sector Award of the Montgomery County Affordable Housing Conference, the Dean's of George Washington University School of Business, and Public Management Award for Outstanding Service to the District of Columbia. Members James G. Banks is an activist who has been instrumental in securing better housing for low- and moderate-income families in the Washington, DC area for several decades. Mr. Banks dedicates many hours to the Anacostia Partnership, helping to resolve an array of community issues facing southeast Washington. His 30-year career includes service as the Executive Vice President of the Washington Board of Realtors, assistant for Housing Programs to Mayor Walter Washington, Executive Director of the National Capital Housing Authority, Director of the Office of Community Development at HUD, and Executive Director of the United Planning Organization of the National Capital Area. Mr. Banks has received numerous special awards and has lectured and taught at local and national universities. Larry H. Dale is currently a Managing Director and Member of the Board of Directors of Newman and Associates. He is also a member of the Board of Directors of Criimi Mae and Kimball-Hill Homes and serves as Advisor to both Fannie Mae's American Communities Fund and Mid-City Financial Corporation. Mr. Dale is also the President of the Center for Housing Policy and is on the Boards of the National Equity Fund, the National Center for Lead-Safe Housing, the Denver Enterprise Foundation, and the National Housing Conference. He also advises the Housing Development Reporter and the American Assembly. From 1991 until 1996, Mr. Dale was the Executive Director of Fannie Mae's National Housing Impact Division and a member of Fannie Mae's Operating Committee. Prior to this, Mr. Dale served as Senior Vice President for Multifamily Finance and Housing Initiatives at Fannie Mae. Before joining Fannie Mae in 1987, Mr. Dale served as Vice President of Newman and Associates and as President of Mid-City Financial Corporation. Mr. Dale was with HUD FHA from 1971 to 1981, and he was a Deputy to the Assistant Secretary for Housing/FHA Commissioner from 1979 to 1981. John Dillon is the first Vice President of Investments at Legg Mason in Bethesda. Since 1991, he has been advising families and businesses on investments and wealth management. Mr. Dillon is an expert on estate planning, retirement planning, and educational funding. Legg Mason is an industry leader on pension plans, public finance, and investment banking. Prior to joining Legg Mason, he was president of Chrysalis, a community development corporation, from 1984 to 1990 on Skid Row, Los Angeles, assisting unemployed people to find and retain jobs. Chrysalis also purchased, packaged financing, renovated, and managed affordable housing for the working poor. Mr. Dillon was featured in a chapter of Norman Vincent Peale's book The American Character as what makes America great. Chrysalis’s work at empowering poor and homeless people has been recognized by CBS’s 60 Minutes, ABC’s Nightline, The Los Angeles Times, The New York Times, The U.S. Congress, and numerous others. Conrad Egan: Mr. Egan is currently the Director of Policy Development for the National Housing Conference, the Nation’s oldest affordable housing advocacy organization. He also serves as a Commissioner of the Fairfax County (VA) Redevelopment and Housing Authority. Previously, Mr. Egan served as the Special Assistant to the Deputy Assistant Secretary for Multifamily Programs and then Special Assistant to the Secretary (for Government Sponsored Enterprise oversight) of the United States Department of Housing and Urban Development. Additionally, Mr. Egan was the Executive Vice President of NHP Inc. (one of the Nation’s largest multi-family property owners and managers) for the development and asset management of NHP’s conventional, affordable, and seniors’ properties and then for legislative and regulatory strategies. For 17 years, Mr. Egan also served the United States Department of Housing and Urban Development in a variety of community development and housing activities in Headquarters and Field assignments, culminating in the Senior Executive Service position of Director of the Office of Multifamily Housing Management, whose responsibilities included managing all of HUD’s multi-family properties nationwide and administering the related subsidy programs. John K. McIlwain is the Senior Resident Fellow and J. Ronald Terwilliger Chair for Housing at the Urban Land Institute in Washington, DC, a non-profit education and research institute that provides responsible leadership in the use of land in order to enhance the total environment. Mr. McIlwain’s responsibilities include leading ULI’s research efforts to seek and promote affordable housing solutions, including development and housing patterns designed to create sustainable future environments for the nation’s urban areas. Prior to joining the ULI staff, Mr. McIlwain served as Senior Managing Director of the American Communities Fund for Fannie Mae in Washington. The American Communities Fund is a venture fund founded by Fannie Mae and dedicated to investing in hard-to-finance affordable housing and retail development. In this capacity, he was responsible for structuring, underwriting, and closing equity investments in more than $700 million of residential and neighborhood retail developments in lower-income communities around the country. He also structured, negotiated, and closed more than $100 million in historic tax credit and inner city equity investments funds with Lend Lease, AEW Capital Management, and the Community Development Trust. Before taking that position, Mr. McIlwain was president and chief executive officer of the Fannie Mae Foundation. Prior to joining Fannie Mae, he was the managing partner of the Washington law offices of Powell, Goldstein, Frazer and Murphy, where he represented a broad range of clients in the single-family and multi-family housing areas. Mr. McIlwain served as executive assistant to the Assistant Secretary for Housing/Federal Housing Commissioner at the U.S. Department of Housing and Urban Development. He began his career in housing as Assistant Director for Finance and Administration and Deputy Director of the Maine State Housing Authority. Shekar Narasimhan was Managing Director for Agency and Funds Management at Prudential Mortgage Capital Company. Prior to that, he was Chairman & CEO of The WMF Group, Ltd., a publicly traded commercial mortgage financial services company which was acquired by Prudential in 2000. Mr. Narasimhan built WMF to a position recognized as a leader in providing multifamily and commercial real estate financing in the United States.  Mr. Narasimhan has served on the Boards of the Mortgage Bankers Association of America (MBA), National Multi Housing Council (NMHC), Harvard Joint Center for Housing Studies and Cooperative Development Foundation. He has chaired and moderated numerous forums on multifamily and affordable housing, commercial securitization and technology for the MBA, NMHC, NHC, Fannie Mae and the Neighborhood Reinvestment Corporation. Mr. Narasimhan has a Bachelor's degree in Chemical Engineering from the Indian Institute of Technology, New Delhi, India and a Master's degree in Business Administration from the Katz Graduate School of Business at the University of Pittsburgh. Joann Payne has 30 years of experience in Washington, DC as the founder and president of a business-trade association, executive director of a single-issue transportation industry advocacy group, president of a municipality advocacy firm, and as a government teacher. Her background includes extensive legislative knowledge in the areas of transportation, environment, energy and natural resources, economic development, appropriations, finance, government contracting, state and local-government, and regulation reform. She is a strong leader and influential coalition builder, an effective and aggressive advocate with a solid reputation. Ms. Payne is founder and president of two of the most effective lobbying organizations in Washington, DC. She established PSA and Women First in 1985 and has developed a well-respected bipartisan lobbying organization on both national and state levels. She represents a number of diverse clients such as state agencies, cities and municipalities, small businesses, associations, general highway contractors, Fortune 500 companies, Presidential campaigns, and civil rights groups. PSA is listed in the National Journal’s "Who’s Who" of government lobbying and consultant firms. PSA also has a strong working relationship with both Republican and Democratic leadership, including the Republican Senatorial Inner Circle, the Speaker Circle, the current Secretary of Transportation, the Honorable Norman Y. Mineta, and Senate Majority and House Minority leadership (Senator Tom Daschle and Representative Nancy Pelosi). Jack Reilly has served on the Board of Victory Housing, a corporation of the Roman Catholic Archdiocese of Washington, and is now Chairman of that corporation which specializes in developing elderly housing. Mr. Reilly has primarily been involved in multi-family residential mortgage finance. Reilly Mortgage Corporation, which still exists today as a major factor, was built under Mr. Reilly’s leadership and sold to Perpetual Savings Bank at a time when it had approximately $5 billion dollars in multi-family mortgage servicing. He has been a Director of the Washington Mortgage Group and, as an outside Director, was involved in the sale of that company to Prudential. Michael D. Robinson is the General Manager of Microsoft’s Mid-Atlantic District, responsible for managing the growth and developing the strategy for Microsoft’s software and services business in Maryland, Virginia, West Virginia, and the District of Columbia. He brings to his position 27 years of sales and management experience. Mr. Robinson’s background includes roles in executive management, enterprise sales, project management and business and strategy development. Prior to joining Microsoft, he served as vice president of the Americas division of Hitachi Data Systems Solutions Corporation (HDSS), where his duties entailed development, sales, and delivery of complex business solutions for HDSS’ customers in the Americas. Other industry experience includes serving as managing director of services for Sterling Software’s Applications Management Group, managing a multi-million dollar consulting enterprise for Fortune 500 companies; branch manager, project manager, and account executive for TRECOM Business Systems; president of minority-owned IT consulting firm Robinson-Cole and Associates; and 15 years in various technical and management positions with the New York Telephone Company. Mr. Robinson is active in the community; he serves on the Board of Directors for the Boys and Girls Clubs of Greater Washington, Information Technology Senior Managers Forum, The Federal City Council, and the Howard University School of Business Advisory Board. H. Ralph Taylor is a private developer with 40 years of experience in urban development and housing programs in both the public and private sectors and was responsible for the creation of the Model Cities Program while he was Assistant Secretary at HUD from 1966 to 1969. As Executive Director of the New Haven Redevelopment Agency, he administered programs that attracted national recognition for the agency's leadership in urban renewal. He has been instrumental in development projects that have created hundreds of housing units and have attended to public purposes through the involvement of private, public, and community organizations. Arthur H. White is co-founder and Vice Chairman of Yankelovich, (formerly Yankelovich, Skelly & White), where he directed more than 200 research and consulting assignments for corporations, government agencies, industry associations, media, universities, and non-profit organizations. Formerly, Mr. White was president and CEO of WSY Consulting Group, Inc., a management consulting firm specializing in strategic marketing, competitive analysis, long-range planning, technology transfer, and public policy counseling. Currently, Mr. White serves as a member of the Executive Committee of the Reading is Fundamental program of the Smithsonian Institution and is an active board member of several organizations such as the Institute for Educational Leadership, WAVE, Inc., Community Services Society, and Volunteer Consulting Group. He also served as Chairman of the Connecticut Housing Finance Authority for 16 years. In 1983, Mr. White founded the not-for-profit organization, Jobs for the Future, which analyzes and develops responses to job education, training, and retraining needs of the 1990's. Government, business, and labor are currently sponsoring the program in 26 states. President Leslie A. Steen, President and CEO of Community Preservation and Development Corporation and Community Housing, Inc. (CPDC), is an expert in housing finance, marketing, and community development, with a solid understanding and knowledge of construction. Her unique qualifications are the result of years of experience starting and continuing with active participation in revitalization efforts in her own community and branching into numerous other communities. Her efforts in citizen participation and grass roots self-government, coupled with marketing of housing to marginally qualified households and marketing of real estate in fragile and transitional markets, has enabled her to gain insights into the conditions that determine the outcomes of our community revitalization efforts. Over the years Ms. Steen has worked with numerous resident groups and individuals to finding creative solutions to their housing needs and dreams. Vice President Albert J. Browne, Jr. serves as Vice President of CPDC and Director of Community Development Programs. Mr. Browne is responsible for the development and direction of Community Preservation and Development Corporation’s community development programs. At Edgewood Terrace, CPDC’s flagship redevelopment, Mr. Browne directs the strategic planning and development of the following community development departments: Community Empowerment, Career Enhancement, Youth Development, Senior Living Enhancement, and Resource Development. Mr. Browne also co-chairs the CPDC Technology, and Economic Advisory Council. His understanding of community building techniques, technology, and the impact it will have on the new economy is a tremendous asset to the revitalization of communities with which CPDC is involved. Gerald H. Joseph serves as Vice President of CPDC and Director of Real Estate Development. Mr. Joseph oversees CPDC’s real estate department, which currently consists of six full-time personnel and is responsible for all aspects of the company’s real estate development activities from project conception through completion. Previously Mr. Joseph served as Vice President/Director of Massachusetts Operations for The Community Builders, Inc. (TCB) where he managed all of TCB’s real estate development activity in the Commonwealth of Massachusetts. In addition, he has assisted community development corporations throughout Massachusetts in an effort to expand their affordable housing production capacity as part of a national pilot program funded by HUD. Mr. Joseph also served as Executive Director of the Franklin County Community Development Corporation of Greenfield, Massachusetts. He is a founder and the first President of the Western Massachusetts Enterprise Fund, a regional micro business investment fund. Mr. Joseph has served as a member of the Federal Home Loan Bank of Boston Advisory Council since 1999 and is currently serving as chairperson of that body. Chief Financial Officer David R. Seabrook, Chief Financial Officer, has recently joined the CPDC team. As the CFO, his responsibilities include the accounting, budgeting, real estate tax, financial reporting and treasury management functions for all of CPDC’s entities. For over nine years, Mr. Seabrook served as the Director of Finance & Administration for the Richmond Redevelopment and Housing Authority in Richmond, Virginia, for over nine years. He also has over five years of financial consulting experience primarily with residential construction organizations in the Richmond, Virginia area. In addition, Mr. Seabrook honed his financial skills as a Financial Director at Amtrak, Controller for a publicly traded Bio-Tech firm, Systems Project Manager for the MONY Group and as an Audit Manager for Ernst and Young International. Mr. Seabrook is a Certified Public Accountant (CPA), Certified Information Systems Auditor (CISA), Certified Cash Manager (CCM), and a member of the American Institute of Certified Public Accountants (AICPA).