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David Prout established CCA in 2001 to provide community development consulting services to clients across the United States. Mr. Prout recognized the need for a specialized community development consulting firm that would offer clients a wide array of affordable housing development and finance related services. Drawing upon his extensive experience in affordable housing finance, he oversees CCA's operations and project management and directs new business development.
Prior to establishing CCA, Inc., Mr. Prout was the Director of Regional Equity Funds for the Enterprise Social Investment Corporation (ESIC) where he managed ESIC’s regional equity funds throughout the United States. Since 1990, Mr. Prout has underwritten, structured and/or developed over $1 billion of affordable housing. In 1989 Mr. Prout established an Affordable Housing Investment program for Commonwealth Savings Bank where he served as the bank's Tax Manager.
Over the past decade, Mr. Prout has developed and acquired seven affordable housing developments comprised of over 500 apartments involving tax credits located in Pennsylvania, Delaware and Maryland. He is proficient with new market, historic and low-income housing tax credits, as well as many types of federal funding programs and various city and state soft housing loan programs.
Mr. Prout is also involved in numerous volunteer activities, including board member of both The Maryland Affordable Housing Coalition and The Loading Dock, Inc.
Mr. Prout has worked in the field of affordable housing since 1989 and holds a B.S. in Accounting from Elizabethtown College in Elizabethtown, PA.