Hope Community Capital LLC

Hope Community Capital LLC is thrilled to welcome Dave Porterfield to our team! Dave will focus on growing our affordable housing consulting practice, with an emphasis on supporting nonprofit affordable housing developers tackling the most complex affordable housing challenges. He will also support our clients in redeveloping church-owned real estate for affordable housing. David Porterfield brings decades of professional experience in a wide range of community and economic development activities, including multifamily and single-family development, designing and operating financing programs, including both debt and equity resources. Dave has provided technical assistance to nonprofit organizations and state and local government agencies to design programs to address complex community and social challenges. He has extensive experience in designing and operating housing and financing programs for special needs populations, including people with disabilities, those experiencing homelessness and military veterans.  A relentless innovator in and advocate for affordable housing, Dave is currently the Chairperson of the Federal Home Loan Bank of Chicago’s Community Advisory Council. Learn more about Dave and the entire Hope Community Capital LLC team here: https://lnkd.in/gNFnYCrE

On Friday, June 7th at 10am CST, the Early Career Community Development Monthly Meeting Group, hosted by Miles Launspach at Hope Community Capital LLC, will be joined by special guest Leah Rogan, managing director of Enterprise’s New Markets Tax Credits business. Please reach out to info@hopecommunitycapital.com if you would like to join! This group is open to early-career professionals in community development with the purpose of coming together monthly to learn from each other and to connect with accomplished professionals in the community development space. We are so excited to host Leah Rogan on June 7th! ~~~ Leah Rogan is managing director of Enterprise’s New Markets Tax Credits business, one of the industry’s largest allocatees of NMTC awards with more than $1 billion in investments and over 100 high-impact properties financed. After joining Enterprise in 2010, Leah served as a portfolio and compliance manager until 2014 when she joined Corporate Office Properties Trust, a real estate investment trust, as a principal analyst specializing in Enterprise Risk Management (ERM), Sarbanes-Oxley financial statement compliance and risk-based operational and compliance assessments. In 2017, she rejoined Enterprise as a senior asset manager when she oversaw a large portfolio of investments as well as assisted in the underwriting and originations for over $62 million in NMTC investments. As managing director, Leah leads originations, structuring, underwriting, closing and exits of Enterprise’s NMTC investments. Leah has over 15 years of real estate experience with a focus on commercial asset management, development, compliance, accounting and financial reporting. Prior to joining Enterprise, she worked for CohnReznick in the NMTC practice. Leah holds Bachelors of Science degrees in Accounting and Business Administration from King’s College. Leah serves on the NMTC advisory boards for Opportunity Finance Network, Dudley Ventures, and Truist Bank. #nmtc #communitydevelopmentfinance #leadership

Hope Community Capital LLC is honored to partner with Milwaukee Habitat for Humanity on a $4 million #NMTC transaction! With $4 million in NMTC financing, Milwaukee Habitat for Humanity is developing energy-efficient, single-family affordable homes on 13 vacant lots in Milwaukee's Harambee, Midtown, and Lindsay Heights neighborhoods. Over the next five years Milwaukee Habitat for Humanity's goal is to expand to build or rehab more than 30 homes per year, on their way to 40 per year by 2028. In 2024, Milwaukee Habitat plans to build 32 new construction homes in neighborhoods like King Park, Harambee, and Midtown, including the 13 homes that were financed with #NMTC! This is incredibly important work in Milwaukee, where 1 in 3 renters spend half or more of their income on housing. This investment is about more than building homes; it's about building hope and fostering equity in our community. We are proud to be part of this transformative project! A huge thank you to Forward Community Investments(CDE), U.S. Bank(Investor), and Habitat for Humanity International for your continued partnership! Congratulations to Brian Sonderman, Craig Hahn, and the entire Milwaukee Habitat for Humanity staff, volunteers, and Board of Directors on their high-impact work! #CommunityDevelopment #AffordableHousing #RacialEquity #USBank #ForwardCommunityInvestments #MilwaukeeHabitatForHumanity #NMTC #BuildingHope #HopeCommunityCapital

Hope Community Capital LLC welcomes Christopher Malehorn, Managing Director, Capital Markets & Impact Finance! In this role, Chris is leading the launch of Hope National Impact Fund, a national New Markets Tax Credit syndication platform. Chris brings over 25 years of experience in the community bank sector where he developed expertise in public and private equity investments, capital raising and merger and acquisition transactions, and valuation of companies. Most recently, Chris was Vice President at a national Community Development Financial Institution, where he was head of the investing business line that provided equity and debt capital to mission-focused organizations. Learn more about Chris and the entire HCC team here: https://lnkd.in/gNFnYCrE Welcome, Chris! #nmtc #impactfinance #communitybanks #cdfis

The 2024 Open Access Fellows have been revealed, and we're excited to sponsor their endeavors in community development finance. Open Access is a groundbreaking initiative focused on enhancing diverse representation in the Community Development Finance (CDF) sector, promoting equity and inclusion. Kristeen Reynolds, CPA, will be joining Hope Community Capital LLC this summer as an Open Access Fellow. She will work on a 9% LIHTC project in Milwaukee, a Creative Arts Hub financed with NMTC, and will support our CDFI clients with underwriting. #OpenAccess #Fellowship #CommunityDevelopmentFinance #nmtc #lihtc #CDFI Learn more about Kristeen Here: https://lnkd.in/gNFnYCrE Learn more about the Open Access Program Here: https://lnkd.in/giuA6YyK

🌟 Exciting News Alert! 🌟 I'm honored to announce the New Markets Tax Credit financing of the Boys & Girls Club of the Muskegon Lakeshore (BGCML). Hope Community Capital LLC is honored to have been chosen to walk alongside this incredible organization as they accessed NMTC to close the final funding gap for this high-impact project! 🏢 Where: Muskegon, Michigan 📅 When: Closed the NMTC transaction on March 1, with the grand opening scheduled for May 18, 2024. Through the collaborative efforts of Boys & Girls Club of the Muskegon Lakeshore, Michigan Community Capital, and Old National Bank CDE, supported by the investment of ONB Community Equity, a $9 million NMTC allocation has been secured. This allocation is dedicated to the renovation and expansion of the Community Center in Muskegon. This project, spearheaded by BGCML, is about so much more than bricks and mortar. It's about fostering growth, wellness, and opportunity within this beautiful community. The renovated center will now include the state-of-the-art Neal Fitness Center and i’move physical therapy facilities, ensuring that health and well-being are at the forefront of each organization. At Hope Community Capital LLC, we're honored to have played a part in this journey towards a brighter, healthier future for the Muskegon Lakeshore community. This project exemplifies the power of collaboration and the tangible outcomes that arise when organizations come together with a shared vision of uplifting our neighborhoods. Join us in celebrating this milestone achievement and the positive impact it will undoubtedly have on countless lives in Muskegon and beyond. Let's continue to build a future filled with hope, opportunity, and thriving communities together! 🌟 #CommunityImpact #HopeCommunityCapital #BGCML #MuskegonLakeshore #NMTC Congratulations, Monica Turnbull, CTRS, and the incredible leadership of the BCGML Board of Directors.

On Friday, March 1st at 10am CST, the Early Career Community Development Monthly Meeting Group will be joined by Tabitha Atkins, Founder and CEO of The Atkins Group (TAG) Please reach out to info@hopecommunitycapital.com if you would like to join! ~~~ Tabitha Atkins has dedicated the majority of her career to the community development finance industry, working in various capacities to ensure that residents, small businesses, nonprofits, and anchor institutions in historically under-resourced areas have access to affordable financial products and services. Her primary focus has been sourcing, underwriting, and providing asset management services using creative financing tools such federal and state New Markets Tax Credits ("NMTCs") and historic tax credits ("HTCs"), grants, and senior and subordinated debt. She has held positions at Cross Street Partners and Urban Action Community Development, City First Bank of DC, the CDFI Fund, and Opportunity Finance Network. In 2023, she launched The Atkins Group to provide direct NMTC consulting services to community facilities and to assist lending institutions with capital deployment strategies. Tabitha holds a Master's of Public Policy and Administration (Jackson State University) and MBA (Johns Hopkins University). #nmtc #communitydevelopmentfinance #leadership

Applications for the Open Access Fellowship program are due today, 2/15/2024! Hope Community Capital LLC is looking forward to hosting a Fellow this spring!

We are growing at Hope Community Capital LLC! We are hiring two consultant positions to join our team. These roles are based in the Madison or Milwaukee, WI area, and relocation assistance is available. We are known for our attention to detail, excellence in the delivery of our services, and unwavering commitment to the long-term success of our clients. A leader in the community development finance sector, we’re passionate about providing comprehensive support to our national network of CDFI, CDE, and project-based clients, coming alongside them to cultivate sustainable, inclusive, and thriving communities. #careersincommunitydevelopment #cdfi #communitydevelopmentfinance https://lnkd.in/gZ7e6Jpr

Congratulations to our colleague Sierra Johnson!