St. Mary Development Corporation recently increased their existing line of credit from $1.7 million to $2 million for predevelopment activities, including for the Senior Village at Kettering Town Center. The $300,000 increase will allow St. Mary Development Corporation to draw funds for land acquisition and other predevelopment expenses prior to LIHTC construction closing.
Chief of Consulting
The Chief of Consulting (CC) is a member of the senior management team and has overall responsibility for the startup and buildout of a consulting business focused on the affordable housing and community development industry. The CC will need to be an entrepreneur at heart but also be able to work as part of a team. The CC is a critical strategic partner for the Chief Executive Officer (CEO) and will report directly to the CEO.