In May of 2000, Governor Davis provided the largest allocation from the General Fund to Housing in the history of California; it was nearly $600 million dollars. This augmentation will establish new programs to address the current crisis in affordable family housing in the state. By providing low down payment assistance to first-time homebuyers, who include teachers, policeman, and firefighters. The housing programs will work to strengthen communities and families.

According to Deputy Secretary Neal, clean, decent, safe, and affordable housing for all Californians is one of her top priorities.

Patricia W. Neal (Pat) is a long-time leader in the real estate industry.

President of the California Association of Realtors. Ms. Neal served as President of the California Association of Realtors in 1994, the largest state trade/professional association in the United States. The C.A.R. membership was 106,000 in 1994 and is currently 95,000. She was only the second woman to serve as C.A.R. President.

Real Estate broker. Pat Neal was the broker for Pat Neal Associates in Huntington Beach, an independent general brokerage office. The company specialized in first-time homebuyers, relocation, senior citizens and lender owned properties. Ms. Neal had been involved in the development of multi-family units, tax deferred exchanges, and investment real estate.

Lambda Alpha International. Ms. Neal is a Director of Lambda Alpha International, an honorary land economics society. The Society was founded in 1930 at Northwestern University, its purposes include a closer understanding and liaison between the academic and business communities and the furthering of the highest ideals of scholarship and integrity in all fields relating to land economics. Membership is by invitation only; individuals are invited into membership on the basis of an outstanding contribution to the advancement of the knowledge or practice of land economics.

Multi-cultural Real Estate Alliance for Urban Change. In 1992, the California Association of Realtors named Pat Neal chairman of this special committee to deal with the aftermath of the Los Angeles riots. She was responsible for bringing together a diverse group of Industry participants and formed a multi-cultural committee. This committee included the Realtists, academics, government officials and representatives of the insurance and mortgage industries. The committee is still in existence and provides a forum within the real estate industry to address the rapidly changing demographics in the metropolitan Los Angeles area.

Industry leader with the National Association of Realtors. Ms. Neal has served the National Association of Realtors since 1981 and has been a Director since 1985. Her areas of expertise are real estate finance, financial institutions, and the secondary mortgage market. In 1997, she chaired the Real Estate Settlement Procedures summit for the National Association of Realtors; its purpose was to devise a national strategy for the reform of RESPA. Ms. Neal has served on HUD’s government oversight committee. The oversight committee is charged with monitoring Government Sponsored Enterprises (GSEs). Fannie Mae and Freddie Mac are two of the major GSEs.

Public policy knowledge and experience. Pat Neal has been involved in public policy, legislative, regulatory, mortgage outreach, and banking reform for the past fifteen years. She chaired a banking powers reform group for the National Association of Realtors, which established NAR’s current banking policy. In addition, Ms. Neal chaired the committee responsible for NAR’s policy supporting the Community Reinvestment Act.

National Advisory Council of Fannie Mae. In 1994 and 1995, Ms. Neal served on the national advisory council of Fannie Mae. She continued her relationship with Fannie Mae by acting as a liaison between Fannie Mae, the National Association of Realtors, and the House Banking Sub-Committee. Candidate for Congress. Ms. Neal was the Democratic Candidate for Congress in the 45th Congressional District of Orange County in 1998. Ms. Neal ran against incumbent Dana Rohrabacher. She received 38 percent of the vote, a pickup of 6 percent over the Democratic registration. The State AFL-CIO, the Building Trades, Operating Engineers, Communications Workers, Teamsters, IBEW, Professional Firefighters, California Federation of Teachers, and approximately 150 unions endorsed her candidacy. In addition, she received bipartisan support from Women in Leadership in Orange County, Planned Parenthood, Women for Choice, and the National Women’s Political Caucus.

Education-professional activities. Pat has served on the Rancho Santiago College real estate advisory commission since 1979. She has been an instructor in agency laws, ethics and business practices. Ms. Neal was a consultant to Boards of Realtors and she conducted leadership training, strategic planning and budgeting seminars.

Personal. Pat was born in Philadelphia and raised in Long Beach. She attended Immaculate Heart College in Los Angeles and the University of California at Berkeley.

Ms. Jeanne Peterson

Jeanne Peterson was appointed by State Treasurer Phil Angelides as Executive Director of California’s Tax Credit Allocation Committee in March 1999, and has administered both California’s federal and state housing tax credit programs since that time, substantially changing the previous methodology for allocation of the credit. She came to California from the Michigan State Housing Development Authority, where she spent 18 years, first as staff counsel and later as Director of Legal Affairs. In that capacity, she was involved in all aspects of affordable housing lending and administration. She directed a staff of attorneys in bond and multifamily loan closings, was involved in all program and policy decisions of the agency, including program development, the HOME, CDBG, and Section 8 voucher programs, bond issuance, and preservation issues. She supervised Michigan’s Housing Tax Credit program from its inception and has been a frequent writer and speaker on affordable housing issues. Ms. Peterson was instrumental in envisioning and creating the Michigan Capital Fund for Housing, Michigan’s state equity fund. She holds BA, MA, and JD degrees.

Ms. Julie Bornstein

Julie Bornstein was born and raised in San Diego and attended college in Los Angeles. She received her B.A. and M.A. from UCLA and her law degree from USC. Julie practiced law in the areas of real estate and business in Los Angeles for ten years before moving with her family to Palm Desert, California. In Palm Desert, in addition to practicing law, she was a member of the Adjunct Faculty at College of the Desert and active in the local community, being a member of the notary, Chambers of Commerce and the Palm Desert Civic Arts Committee. An advocate of affordable housing and expanded home ownership opportunities, Bornstein gave lectures on women and mortgage credit and served on the Board and as President of the Coachella Valley Housing Coalition.

In 1989, Julie Bornstein was elected as a member of the Desert Community College Board of Trustees, serving as its President in 1991. In 1992 she was elected to the California Legislature from the 80th Assembly District. In the Assembly she served as Vice-Chair of the Agriculture Committee, Chair of the Sub-Committee on Manufactured Housing and Mobile Homes and as a member of the Housing and Community Development, Higher Education and Finance and Insurance Committees. In 1994 she was selected for the leadership position of Democratic Caucus Chair by her colleagues and named the “Rookie of the Year” by the non-partisan magazine, Capitol Journal.

Upon leaving the legislature in 1994, Bornstein returned to teaching at College of the Desert and began teaching Legislation, Administrative Law and Local Government law at the McGeorge School of Law in Sacramento. In 1997 she joined the staff of California Controller Kathleen Connell as Chief of Staff and Chief Deputy Controller, External Affairs. In June 1999, she became the Housing Consultant to Maria Contreras-Sweet, Secretary of Business, Transportation and Housing and in December 1999 was appointed by Governor Gray Davis as his Director of Housing and Community Development. In addition to her law degree, Julie Bornstein holds a Lifetime Community College teaching, credential and a California Real Estate Broker’s license. She is the executive producer of a traditional music album, “Songs for Hanukah and Other Festivals.” When not commuting in connection with her current job, she resides in Palm Desert with her husband and both her sons attend college.

Mr. Richard LaVergne

Richard LaVergne is Chief Deputy Director of the California Housing Finance Agency and oversees the daily operation of the Agency, reporting to the Director.

The California Housing Finance Agency has been in existence for 26 years and is the State of California’s statewide affordable housing bank. It has issued over $16 billion in bonds, financed affordable homeownership for over 100,000 families, created or preserved over 26,000 affordable multifamily rental units, and provided $1.5 billion of home primary mortgage insurance to over 14,000 higher risk first time borrowers.

Mr. LaVergne has been with the Agency for over 16 years and believes strongly in its mission to finance below market-rate loans to create safe, decent, and affordable rental housing and to assist first-time homebuyers in achieving the dream of home ownership. He was first appointed the Agency’s Director of Finance in 1985 overseeing the issuance and administration of over $1.5 billion in bonds and in 1993 was appointed the Chief Deputy Director. In the latter role he oversaw the creation of the Agency’s first multi-year business plan of approximately $7 billion and has been integrally involved in the subsequent development of Agency planning and in steps to successfully reach its goals. He has been part of the Agency’s team effort in creating a number of California programs addressing high housing costs, special needs, preservation of existing housing, self-help housing, creation of housing finance partnerships and the streamlining of Agency operations.

Prior to his work with the Agency, Mr. LaVergne was a Principal in the State of California’s Department of Finance and worked in private industry. Mr. LaVergne has served on a number of state and national task forces addressing affordable housing issues.

Mr. Jeffrey Mezger

Jeff Mezger is Executive Vice President and Chief Operating Office of Kaufman and Broad, and is responsible for overseeing company-wide Operations, including National Purchasing, and Architecture.

Prior to his appointment to COO, Mr. Mezger served as President of Kaufman and Broad of Arizona, Inc., where he oversaw operations of the Division, and development of new home communities throughout the Greater Phoenix, and metropolitan Tucson areas. Today, Mr. Mezger continues to oversee Southwest Division Operations, which covers the Nevada and Arizona markets.

Mr. Mezger first joined Kaufman and Broad in July 1993 as President of the company’s Antelope Valley division. Before joining Kaufman and Broad, Mr. Mezger spent 15 years with U.S. Homes, holding several positions including President of the company’s Bakersfield division, which expanded to include Fresno and the Antelope Valley.

Mr. Ira Norris

• Past President — Building Industry Association of Southern California

• Past President — Baldy View Chapter, BIA/SC

• Chairman of the Federal Government Affairs Committee (twice) — National Association of Home Builders

• National Vice President — National Association of Home Builders

• Life Director — National Association of Home Builders

• Member of Housing Policy Task Force — National Association of Home Builders

• Member of Lt. Governor’s Housing Task Force

• Delegate — Republican National Convention

• Adjunct Professor — University of Southern California, School of Policy Planning and Development, Masters Degree program

• Arthritis Foundation Humanitarian Award

• Twice Builder of the Year — Baldy View Chapter, BIA/SC

• Builder of the Year — Building Industry Association of Southern California

• National Award Winner — “Smaller Smarter House for the Money” — Professional Builder & Remodeler

• Inland Empire Distinguished Citizen Award, Anti-Defamation League

• MIRM Award “Project of the Year”

• Gold Nugget Award “Best Affordable Detached Housing Development”

• Professional Achievement Award, “Management in Tough Times” — Professional Builder & Remodeler

• “Housing Person of the Year” — National Housing Conference

• Builder Magazine’s “Best Builder”

• Best in American Living Awards for “Best Affordable First Time Buyer Home” and “Best Affordable Move-Up Buyer Home”

• MIRM and Builder Magazine’s “Best Community in the Nation”

• MIRM and Builder Magazine’s “Legend of Residential Marketing”

• Past President’s Award — Baldy View Chapter, BIA

As the founder and chairman of American CityVista, Henry Cisneros brings executive and urban planning experience to the community-building joint venture he formed with KB HOME in August 2000.

American CityVista’s focus is to build significant numbers of homes — “villages with the city” — in the central neighborhoods of major metropolitan areas. The need for new homes within cities, the redevelopment priorities of local governments, and the homeownership dreams of urban families — all make American CityVista’s concept of building reasonably priced communities in central city areas an attainable business goal.

American CityVista and KB HOME recently launched Lago Vista, a community that will eventually have 600 homes in an area of San Antonio where there have been no new homes built on this scale in nearly 40 years. Lago Vista’s homes, which are characterized by traditional designs, are also the area’s first homes to address the digital divide by including high speed DSL Internet services committed to area schools.

American CityVista has been selected to build affordable homes on the Stapleton Airport site in Denver and is working to build homes in central areas of Austin, Los Angeles, and Houston this year.

Previously, Cisneros was President and Chief Operating Officer of Univision Communications in Los Angeles, the Spanish-language broadcaster which has become the fifth-most-watched television network in the nation.

From 1993 to 1997, Cisneros served as the Secretary of the U.S. Department of Housing and Urban Development. As a member of President Clinton’s Cabinet, Secretary Cisneros was assigned America’s housing and community development portfolio. He is credited with initiating a major revitalization of many of the nation’s public housing developments and with formulating policies that have contributed to today’s record homeownership rate. Prior to joining the Cabinet, he was Chairman of Cisneros Asset Management Company, a fixed-income money management firm operating nationally.

In 1981, Cisneros became the first Hispanic American Mayor of a major U.S. city — San Antonio. During his four terms in office, Cisneros helped rebuild the City’s economic base and created jobs through massive infrastructure and downtown improvements, earning for San Antonio a reputation as one of the most progressive cities in the nation in that era.

In 1984, he was interviewed by the Democratic Presidential Nominee as a potential candidate for Vice President, and in 1986 was selected the Outstanding Mayor in the nation by City and State Magazine.

Mr. Cisneros has served as President of the National League of Cities, Chairman of the National Civic League, Deputy Chair of the Federal Reserve Bank of Dallas, and as a board member of the Rockefeller Foundation. Mr. Cisneros presently serves as Chairman of the San Antonio Hispanic Chamber of Commerce and as a board member of KB HOME, Countrywide Mortgage, The Enterprise Foundation, and the New America Alliance.

He holds a Bachelor of Arts and a Master’s degree in Urban and Regional Planning from Texas A&M University. He earned a Master’s degree in Public Administration from Harvard, a Doctorate in Public Administration from George Washington University, and has been awarded over 20 honorary doctorates from leading universities across the nation.

Mr. G. Allan Kingston

Mr. Kingston is President/CEO of Century Housing, a nonprofit corporation. He has directed real estate financing and development programs which have added more than 8,000 units of affordable housing in 110 developments, located in 30 communities throughout the Los Angeles metropolitan area, and has brought to reality Century’s theme: “More Than Shelter™.”

Acting as an intermediary to local community organizations, and nonprofit and for-profit developers, affordable housing developments financed by Century include funding of innovative inner city developments which feature More Than Shelter™, combining housing with after-school, tutoring/college prep programs, academic counseling, transitional housing for homeless veterans, child care, energy efficient homes, preapprenticeship training, HIV and substance abuse counseling, training programs for Women in nontraditional jobs, health and wellness programs for seniors, and other socially responsive programs.

As well as being a Century Board Member, Mr. Kingston also is the First Vice President of the National Housing Conference, and a Board Member of the National Coalition for Homeless Veterans, the National Association of Affordable Housing Lenders, the National Housing Development Corporation, the Center for Housing Policy, the Housing Partnership Network, Shelter Partnership of Los Angeles, and he is Chairman of the California Housing Consortium.

Mr. Kingston directed the private real estate development activities and projects of large corporations for several years, and was a partner in several commercial real estate and residential projects in California, Hawaii, and the Midwest. He has managed large-scale residential and commercial projects for, among others, Tecon Realty Corporation, Le Meridian Hotel (Coronado), Oceanic Properties (Castle and Cook), The Hawaiiana Company, Centre Properties, and University Development, Inc.

His focus on urban issues began with government organizations: he served as Executive Director of the Fresno Redevelopment Agency, as Deputy Director of the Oakland Redevelopment Agency, and with the U.S. Housing and Home Finance Agency and HUD.

Allan and his wife Patti, have four children, all grown. They reside in Culver City, adjacent to Los Angeles.

Mr. Art Porter

After graduation from Manual Arts High School in Los Angeles, Mr. Porter entered the United States Naval Reserve serving two years in the Pacific.

He received his Bachelor and Master of Arts degrees in Business Education while minoring in Economics from California State University at Los Angeles.

After graduation from California State University at Los Angeles, he accepted a position as a business teacher with the Los Angeles Unified School District. He was later promoted to Financial Coordinator.

He later accepted a position with Bache & Co. as an Account Executive. This position required an extensive study program in New York where he received his licenses to conduct business on all major stock exchanges.

He has been involved in real estate lending since he joined American Savings in 1973. His duties have included both single family and multi-family lending throughout California. His last position prior to Washington Mutual acquiring American Savings was Senior Vice President and Manager of American savings Bank’s statewide Community Lending Program. He was also the Bank’s CRA Officer.

He currently holds the position of First Vice President/Manager of Washington Mutual Bank’s Community Lending and Investment Department, which provides financial assistance to for profit and non profit developers of affordable housing projects.

Mr. Porter, with the assistance of four other savings associations, spearheaded the creation of a non-profit corporation, the Los Angeles Home Loan Counseling Center. The mission of the center was to provide counseling to low-and moderate-income people on the home loan process. Mr. Porter presently holds the positions of Chairman of the Board and President.

He is past Chairman of the Board and President of Savings Association Mortgage Corporation (SAMCO), a corporation sponsored by savings institutions, who solicits loans in low- and moderate-income areas, and sell participations in these projects to its members. He currently is a Director of the Corporation.

Other affiliations include:

• Board member of California Community Reinvestment Corporation (CCRC)

• Member of San Diego Local Initiatives Support Corporation (LISC) Advisory Committee

Ms. Nancy Andrews

Ms. Andrews is currently the President and Executive Director of the Low Income Housing Fund (LIHF). LIHF’s capital and technical assistance activities have supported the development of 32,000 units of housing, 80 percent of which are affordable to very low income households (below 50 percent of area median income). LIHF targets the poorest of the poor, aiming its programs to build bridges out of poverty for low income people and their communities. LIHF is a national Community Development Financial Institution (COFI) with staff and offices in four cities: San Francisco, Oakland, Los Angeles, and New York. LIHF has access to $80 million in capital for community development purposes. Over the years, LIHF has provided over $200 million in loans and technical assistance to nonprofit organizations in over 35 states, leveraging over $1.7 billion.

Ms. Andrews’ background spans 25 years in the community development finance field. In the recent past, she served as the Deputy Director of the Ford Foundation’s Office of Program Related Investments, where she managed a $130 million social investment portfolio. In this capacity, she made investments in LIHF, as well as other leading community development financial institutions. She also designed and launched the Foundation’s housing grant program, which focused on national housing policy issues, as well as capital market issues. Following her tenure at the Ford Foundation, Ms. Andrews was the Chief Financial Officer of the International Irrigation Management Institute, a World Bank–supported international development agency with offices in ten countries. There she directed all financial and administrative operations, supervising 70 employees. Most recently, Ms. Andrews has been an independent consultant specializing in community development, social investment programs, financial analysis, and housing policy. Over the past few years, her consulting assignments have included projects with the Department of Housing and Urban Development, assisting in the restructure of the $18 billion multi-family mortgage portfolio, and with the Department of Treasury serving on the blue ribbon awards panel of the Community Development Financial Institutions Fund. She has also worked with Mercy Housing, Seedco, and the World Bank. Ms. Andrews did her graduate work at Columbia University where she received an M.S. in Urban Planning, with a concentration in Real Estate Finance.

Mr. William Witte

As a principal in The Related Companies of California, Mr. Witte is responsible for the development and financing of multifamily housing in California. Related is one of the largest developers of urban and multifamily housing in the state, and currently has over 5,000 units of affordable housing developed or under development in California.

Prior to joining The Related Companies in May of 1989, Mr. Witte served as Deputy Mayor for Housing and Neighborhoods under Mayor Art Agnos in San Francisco, where he oversaw all housing, development and redevelopment activities for the City, and, from 1981–1988, as Director of Housing and Economic Development under Mayor Dianne Feinstein.

Prior to his tenure in San Francisco, Mr. Witte served in 1980 as Executive Assistant to Assistant Secretary for Housing/Federal Housing Commissioner Lawrence B. Simons at HUD in Washington, as Legislative Director for the National Association of Housing and Redevelopment Officials (1978–1980) and with the Philadelphia Office of Housing and Community Development (1975–1977).

He is a graduate of the Masters Program in City Planning at the University of Pennsylvania, from which he also received a B.A. in Urban Studies.

Ms. Ann Sewill

Ann Sewill is the director of the California programs for The Enterprise Foundation. The Enterprise Foundation is a national nonprofit organization that assists community-based organizations and local governments in improving poor neighborhoods by providing low-interest loans, grants and equity to finance affordable housing and community facilities. The Foundation also helps build the technical expertise of nonprofit development groups. Prior to joining Enterprise in May, 1997, she was the Assistant General Manager of the Los Angeles Housing Department, responsible for all housing development and housing operations functions of the department.

From 1987–1995 Ms. Sewill was the Executive Director of the Los Angeles Community Design Center. The Community Design Center is a nonprofit architecture, planning and housing development corporation that provides a broad range of services to low-income communities. During those eight years LA/CDC developed over two thousand housing units with more than fifteen neighborhood-based groups, and packaged more than $90 million in Low Income Housing Tax Credit syndications.

Prior to joining the Community Design Center Ms. Sewill directed the housing programs of the City of Santa Monica. From 1978–1983 Ms. Sewill worked with the Los Angeles offices of the California Department of Housing and Community Development, and the U.S. Department of Housing and Urban Development.

Ms. Sewill received a B.A. degree in Political Science–Public Administration from U.C. Davis in 1977, and a M.A. from UCLA’s School of Architecture and Urban Planning in 1979. She served on the Mayor’s Blue Ribbon Committee on Affordable Housing in the City of Los Angeles, was a founding board member of the West Hollywood Community Housing Corporation, and served on the Board of Directors of the Southern California Association of Nonprofit Housing.

Ms. Rebecca Clark

Currently the Executive Director of Southern California Housing Development Corporation (SCHDC), one of the largest regional nonprofit affordable housing providers on the West Coast, Ms. Clark has dedicated her entire professional career to housing and community development issues. Ms. Clark has extensive experience in program creation, policy analysis, affordable housing development, transaction structuring, and feasibility evaluations in both the public and private sectors.

Prior to joining SCHDC in January 2000, Ms. Clark held key positions with the County of San Bernardino Department of Economic and Community Development, City of Ontario Redevelopment Agency, and the Los Angeles County Community Development Commission. During her tenure with the LACDC she oversaw the negotiation and development of loan agreements and contracts committing more than $75 million in subsidy funds and resulting in more than 2000 units of new and rehabilitated housing. Ms. Clark also directed the Housing Development & Preservation Division, which received annually $10 million in HOME funds, $8 million in CDBG funds, and $6 million in Comprehensive Grant funding for the development and improvement of affordable housing.

Under her leadership at SCHDC, first as the Senior Director of Project Development and now as the Executive Director, the organization has completed or has in various stages of development more than 1,500 affordable housing units with an estimated development cost of $175 million. She oversees Hope Through Housing, a private foundation, which was created by SCHDC to provide linkages to and ensure the delivery of vital educational and wellness programs. In the past year, the foundation has experienced incredible growth. It has doubled the number of service units provided in SCHDC housing developments throughout Southern California.

Ms. Clark is active in the affordable housing industry. She is a member of the Housing Partnership Network, Southern California Association of Nonprofit Housing, and the California Redevelopment Association. She has been a trainer for the California Redevelopment Institute’s Advanced Affordable Housing Development class for the past seven years. These associations enable Ms. Clark and SCHDC to keep on the cutting edge of policy and development trends impacting affordable housing today.

Mr. Donald J. Smith

A native of Southern California, Donald J. Smith is a graduate of Cal State Los Angeles.

Mr. Smith served as the Director of Management with the Housing Authority for the City of Los Angeles (HACLA) from 1971 to 1980. Leaving HACLA in 1980, he held several positions with the Community Development Commission (CDC) of Los Angeles County such as, Assistant Director of the Housing Division, Director of Assisted Housing, and Assistant Executive Director of Housing. After 13 years at the Community Development Commission (CDC) of Los Angeles County, Mr. Smith returned to the Housing Authority for the City of Los Angeles (HACLA) as Executive Director on January 3, 1994.

Since Mr. Smith’s return to HACLA, it has been rated a high performer for seven (7) years, housed over 11,000 displaced low income families during the 1994 earthquake, initiated an active construction program including the Housing Authority’s Kumbaya Construction approach, which emphasizes employment for residents. Mr. Smith has taken the agency through significant re-engineering and reinvention approaches in response to extensive Federal cut backs and funding by Congress. Currently the Housing Authority is involved in close to $300 million of rehabilitation and redevelopment of its housing assets.

Mr. Smith has 28 years of successful professional housing leadership experience and has a reputation for innovative management with an emphasis on planned change, organizational staff development, and resident initiatives focused on Economic Development.

Mr. Smith has been a Certified Public Housing Manager since the program’s inception and was the first Chairperson for the City/County Housing Opportunities for People with AIDS (HOPWA) Committee. Mr. Smith is a member of other national housing associations that include the Council for Large Public Housing Authorities (CLPHA), and Public Housing Authorities Director’s Association (PHADA). He is a former member of the Board of Trustees on PHADA’s Housing Committee and was a member of the Finance Committee for the Housing Authority Risk Retention Group, Inc. (HARRG), as well as the Telecommunications Committee and the Council of Advisors for several insurance companies.

Mr. Smith has been awarded the lifetime achievement award called A Ticket to Life for helping children overcome obstacles and realize their dreams by Arnold Schwartzenager and the Inner City Games.

Ms. Robin Hughes

Ms. Hughes is the Executive Director of the Los Angeles Community Design Center, a non-profit architecture, planning and affordable housing development corporation that provides a broad range of services to low-income communities. Since 1987, LA/CDC has developed over three thousand affordable housing units as a sole developer or in partnership with community-based groups, secured over $50 million in equity from the syndication of low-income housing tax credits, and assisted in the formation of five new non-profit community development corporations in low-income neighborhoods. LA/CDC has also provided comprehensive architectural services and technical assistance to over 500 community groups for socially beneficial projects, including child care centers, health clinics, senior service centers, playgrounds, shelters for the homeless, non-profit office space and permanent affordable housing.

Ms. Hughes has over thirteen years of experience in the affordable housing and community development industry. She has worked with for-profit and non-profit developers in the syndication, financing, construction, development and management of affordable housing. Prior to rejoining LA/CDC in January 1996, Ms. Hughes served as the Housing Director for the organization between 1990 and 1994. In addition to her non-profit experience, she has held positions in the private and public sectors with The Richman Group of Companies, Citibank, Federal Savings Bank, the Community Development Commission of the County of Los Angeles and the Office of the Mayor of the City of Los Angeles.

Ms. Hughes received her Master of Arts and Bachelor of Arts degrees in Public Administration from the University of Southern California. She currently serves on the Board of Directors of the Southern California Association of Non-profit Housing, the Steering Committee for Housing LA, the City of Los Angeles Environmental Affairs Commission, The Enterprise Foundation’s Network Advisory Committee and the County of Los Angeles Child Care Planning Committee. She is a former member of the Board of Directors of Drew Economic Development Corporation, Esperanza Community Housing Corporation, Mercy Charities Housing of California, and Sunshine Community Alliance. She also served on the City of Los Angeles Housing Crisis Task Force, the Housing California Statewide Working Group for a Permanent Source of Financing for Affordable Housing, the California Task Force on Financing Early Childcare Facilities, and the Historic Urban Neighborhood Program Highland Park Committee.

Ms. Monique Lawshe

Monique Lawshe is the Chief Executive Officer of A Community of Friends (ACOF ), a non-profit real estate development company whose mission is the development of service-enriched, affordable housing for adults with mental illness and other impoverished persons. As of the end of 2000, ACOF has completed sixteen properties with a total of 596 units and has over 400 units of housing in production. The majority of ACOF’s properties are located throughout Los Angeles County, and developments in Orange and San Diego County are in process. Ms. Lawshe’s responsibilities include general management of corporate operations and staff, business development and site acquisition. Prior to joining ACOF, Ms. Lawshe was employed as a commercial real estate lending officer with the First National Bank of Chicago. In her role as banking officer, she analyzed project loan requests and borrower financial condition in order to determine project feasibility.

Ms. Lawshe completed a Master of Business Administration degree, with a concentration in Real Estate Finance and Development, at UCLA. During graduate school, Ms. Lawshe worked as an acquisitions associate for T. Rowe Price Realty Advisors, preparing project feasibility analyses and market research for development of various real estate projects. Her undergraduate education at Purdue University provided a B.S. in Industrial Management/Industrial Engineering. She worked in high technology manufacturing and marketing for several years before pursuing a graduate degree.

Ms. Lawshe’s past work experience at Digital Equipment Company involved project management, financial forecasting, market development and supervision.

Board Activity

• Federal Home Loan Bank Advisory Council Member

• Los Angeles Free Clinic — Board Member

• California Reinvestment Committee — Past Board Member

Mr. Rob Weiner

Since 1981, Robert Wiener has been the Executive Director of the California Coalition for Rural Housing (CCRH), a statewide coalition of community-based public and private developers and advocates of affordable rural housing. Under his leadership, CCRH has successfully lobbied for millions of dollars in state housing assistance benefiting farm workers, first-time homebuyers, and renter families living in rural and urbanizing communities. In addition, Mr. Wiener is an adjunct professor in the Department of Human and Community Development at UC Davis, where he has taught classes on housing policy and qualitative research for six years, and a lecturer at small liberal arts colleges under the Woodrow Wilson National Fellowship Foundation’s Visiting Fellows Program. He received a doctorate from UCLA in 1992 and has published articles on housing issues in trade magazines and books. Wiener is the author and co-editor of a recent book by Sage Publications called Housing in Rural America: Building Affordable and Inclusive Communities.

Mr. Stanley Keasling

Mr. Keasling has been the Vice President of Mercy Housing California since July, 2000. He is responsible for the development of affordable housing in central California, Idaho and Utah.

Mr. Keasling was the Executive Director of Rural California Housing Corporation from 1986 to 2000, when he merged RCHC with Mercy Housing. RCHC was developing housing opportunities for low income people in 14 counties in central California. With a staff of approximately 80 employees and an annual operating budget of over $5 million, RCHC was one of the largest housing development organizations in Northern California. RCHC programs included a self-help housing program that was building an average of 100 homes annually, a community development program working with eight local governments to improve housing conditions, and a rental housing program which had completed 19 developments and had 10 projects in various stages of development.

Stan is also active in policy development at the local, state and federal levels. He serves on the board and executive committees of the Sacramento Housing Alliance, California Coalition for Rural Housing, Housing California and National Rural Housing Coalition.