David Prout
President

David Prout established Chesapeake Community Advisors (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, Mr. Prout oversees CCA’s operations and project management, and directs new business development.

Prior to establishing CCA, Mr. Prout was the Director of Regional Equity Funds for the Enterprise Community Partners (ECP) where he managed ECP’s regional equity funds throughout the United States. Since 1990, Mr. Prout has underwritten, structured and/or developed over $1.5 Billion of affordable housing. In 1989, Mr. Prout established an Affordable Housing Investment program for Commonwealth Savings Bank where he served as the Tax Manager.

Over the past decade, Mr. Prout has developed and/or consulted on over one-hundred affordable housing developments comprised of over 7,500 apartments involving tax credits located in fifteen states. Mr. Prout, as an owner/developer, has acquired 2,000 units of affordable housing over the last twenty years comprised of twenty properties located in eight states. He is proficient with NMTC, historic and LIHTC, HUD, FHA, Fannie/Freddie 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 The Maryland Affordable Housing Coalition (post) Hebron Academy Board of Trustees (current) Delaware Committee Investment Corporation Advisory Committee (current) PNC Bank NMTC Advisory Board (current) and The Loading Dock, Inc. (post). Mr. Prout holds a Bachelor’s of Science in Accounting from Elizabethtown College in Elizabethtown, PA.

David Prout
President

David Prout established Chesapeake Community Advisors (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, Mr. Prout oversees CCA’s operations and project management, and directs new business development. Prior to establishing CCA, Mr. Prout was the Director of Regional Equity Funds for the Enterprise Community Partners (ECP) where he managed ECP’s regional equity funds throughout the United States. Since 1990, Mr. Prout has underwritten, structured and/or developed over $1.5 Billion of affordable housing. In 1989, Mr. Prout established an Affordable Housing Investment program for Commonwealth Savings Bank where he served as the Tax Manager. Over the past decade, Mr. Prout has developed and/or consulted on over one-hundred affordable housing developments comprised of over 7,500 apartments involving tax credits located in fifteen states. Mr. Prout, as an owner/developer, has acquired 2,000 units of affordable housing over the last twenty years comprised of twenty properties located in eight states. He is proficient with NMTC, historic and LIHTC, HUD, FHA, Fannie/Freddie 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 The Maryland Affordable Housing Coalition (post) Hebron Academy Board of Trustees (current) Delaware Committee Investment Corporation Advisory Committee (current) PNC Bank NMTC Advisory Board (current) and The Loading Dock, Inc. (post). Mr. Prout holds a Bachelor’s of Science in Accounting from Elizabethtown College in Elizabethtown, PA.

Ben Etheridge
Senior Vice President

Ben Etheridge is an affordable housing professional specializing in Low Income Housing Tax Credits. Using his extensive experience in real estate finance, development and asset management, he manages CCA development and consulting activities.

Prior to working with CCA, Mr. Etheridge was the Director of Asset Management for Multifamily Equity Investments and the Director of Specialized Asset Management for the debt portfolio at Fannie Mae. The LIHTC Asset Management team was responsible for managing the physical condition and financial performance of more than 350 investments, through 35 fund managers. These investments represented nearly 3,000 properties and 200,000 units. As Director of the Fannie Mae Specialized Asset Management group (SAM), Mr. Etheridge was responsible for defaulted and chronically troubled loans in Fannie Mae’s $80 billion dollar debt portfolio. Under his direction, this group recorded historic lows in credit losses and REO inventory for Fannie Mae.

Previously, Mr. Etheridge was the Director of Development for Enterprise Homes, a developer of affordable housing located in Baltimore, Maryland. In this capacity, he was responsible for the development and completion of affordable housing developments. His projects included single-family home ownership, low income housing tax credit developments, mixed income and mixed-use housing ventures. His geographic experience includes inner city urban developments, rural developments and multifamily suburban projects.

Mr. Etheridge has been in Real Estate since 1985 and has specialized in affordable housing since 1991. He has an undergraduate degree in Accounting from the University of Southern Maine and an MBA with concentrations in Finance and Real Estate Finance from Bentley College.

Ben Etheridge
Senior Vice President

Ben Etheridge is an affordable housing professional specializing in Low Income Housing Tax Credits. Using his extensive experience in real estate finance, development and asset management, he manages CCA development and consulting activities. Prior to working with CCA, Mr. Etheridge was the Director of Asset Management for Multifamily Equity Investments and the Director of Specialized Asset Management for the debt portfolio at Fannie Mae. The LIHTC Asset Management team was responsible for managing the physical condition and financial performance of more than 350 investments, through 35 fund managers. These investments represented nearly 3,000 properties and 200,000 units. As Director of the Fannie Mae Specialized Asset Management group (SAM), Mr. Etheridge was responsible for defaulted and chronically troubled loans in Fannie Mae’s $80 billion dollar debt portfolio. Under his direction, this group recorded historic lows in credit losses and REO inventory for Fannie Mae. Previously, Mr. Etheridge was the Director of Development for Enterprise Homes, a developer of affordable housing located in Baltimore, Maryland. In this capacity, he was responsible for the development and completion of affordable housing developments. His projects included single-family home ownership, low income housing tax credit developments, mixed income and mixed-use housing ventures. His geographic experience includes inner city urban developments, rural developments and multifamily suburban projects. Mr. Etheridge has been in Real Estate since 1985 and has specialized in affordable housing since 1991. He has an undergraduate degree in Accounting from the University of Southern Maine and an MBA with concentrations in Finance and Real Estate Finance from Bentley College.

Bill Curran
Vice President

Bill Curran is a Certified Public Accountant and real estate development professional.  Bill has more than 10 years of experience in the accounting and finance industry.  Using his accounting and finance background, Bill performs financial modeling, real estate underwriting and assists with the management of several affordable housing developments.

Prior to joining CCA, Bill provided auditing, tax and consulting services to a wide array of clients including: Non-Profit Organizations, Government Agencies, Property Managers, Construction Companies and Financial Institutions.  He uses these experiences to assist in all areas of real estate development including Low Income Housing Tax Credits, asset disposition analysis, asset management and detailed financial analysis of multi-family housing developments.

Bill Curran
Vice President

Bill Curran is a Certified Public Accountant and real estate development professional.  Bill has more than 10 years of experience in the accounting and finance industry.  Using his accounting and finance background, Bill performs financial modeling, real estate underwriting and assists with the management of several affordable housing developments. Prior to joining CCA, Bill provided auditing, tax and consulting services to a wide array of clients including: Non-Profit Organizations, Government Agencies, Property Managers, Construction Companies and Financial Institutions.  He uses these experiences to assist in all areas of real estate development including Low Income Housing Tax Credits, asset disposition analysis, asset management and detailed financial analysis of multi-family housing developments.

John Schuster, III
Vice President

John Schuster III has been a member of the CCA team since 2007 and is experienced in all facets of affordable housing.  Prior to joining CCA his background was focused in a wide variety of commercial construction for family owned businesses.  His responsibilities include single asset and portfolio feasibility analysis under an array of development and acquisition strategies for both 3rd party clients and internal interests, project management functions overseeing developments from inception through stabilization utilizing different financing tools including LIHTC, historic tax credits, tax exempt bonds, state agency debt, conventional, HUD and Seller financing along with development team member selections and contract negotiations.  Debt and equity deal structuring, financial modeling, competitive financing application assemble along with asset and construction management tasks are also common functions.  John is a real estate professional who holds a Bachelor’s of Science degree.

John Schuster, III
Vice President

John Schuster III has been a member of the CCA team since 2007 and is experienced in all facets of affordable housing.  Prior to joining CCA his background was focused in a wide variety of commercial construction for family owned businesses.  His responsibilities include single asset and portfolio feasibility analysis under an array of development and acquisition strategies for both 3rd party clients and internal interests, project management functions overseeing developments from inception through stabilization utilizing different financing tools including LIHTC, historic tax credits, tax exempt bonds, state agency debt, conventional, HUD and Seller financing along with development team member selections and contract negotiations.  Debt and equity deal structuring, financial modeling, competitive financing application assemble along with asset and construction management tasks are also common functions.  John is a real estate professional who holds a Bachelor’s of Science degree.

Christine Smith
Project Manager

Christine Smith is a real estate development professional with more than 15 years of experience in real estate finance and asset management.  Using her real estate financing expertise, Christine performs real estate underwriting, oversees several affordable housing development projects and leads the Year 15 disposition process.

Prior to joining CCA, Ms. Smith managed Fannie Mae’s Low Income Housing Tax Credit Financial Management group.  Her responsibilities included: managing Fannie Mae’s P & L for its $7 Billion LIHTC equity portfolio, forecasting implications for each investment, and overseeing a portfolio of LIHTC investments in funds and direct investments.  Her services included:  portfolio analysis, asset dispositions, problem resolution, and managing all aspects of the physical and financial performance of each investment.

Ms. Smith began her career in real estate finance and LIHTC investment at Reznick, Fedder & Silverman where she modeled financial projections for potential investments and prepared tax returns and financial statements for existing investments.

Christine Smith
Project Manager

Christine Smith is a real estate development professional with more than 15 years of experience in real estate finance and asset management.  Using her real estate financing expertise, Christine performs real estate underwriting, oversees several affordable housing development projects and leads the Year 15 disposition process. Prior to joining CCA, Ms. Smith managed Fannie Mae’s Low Income Housing Tax Credit Financial Management group.  Her responsibilities included: managing Fannie Mae’s P & L for its $7 Billion LIHTC equity portfolio, forecasting implications for each investment, and overseeing a portfolio of LIHTC investments in funds and direct investments.  Her services included:  portfolio analysis, asset dispositions, problem resolution, and managing all aspects of the physical and financial performance of each investment. Ms. Smith began her career in real estate finance and LIHTC investment at Reznick, Fedder & Silverman where she modeled financial projections for potential investments and prepared tax returns and financial statements for existing investments.

Vicki Vaughn
Associate

Vicki Vaughn is an affordable housing finance and development expert, specializing in Low-Income, Historic and New Markets Tax Credits financing.  She currently serves as a special consultant to CCA on development, finance and portfolio projects.

Ms. Vaughn has over 25 years of experience in affordable housing and real estate development.  Prior to joining CCA, Ms. Vaughn was the Senior Vice President of the Enterprise Social Investment Corporation, where she managed the syndication and investor relations department.  She is an expert in all types of housing and commercial financing and recently completed the financing on a $50 Million historic renovation project in Baltimore, Maryland financed with both New Markets and Historic Tax Credits.

Vicki Vaughn
Associate

Vicki Vaughn is an affordable housing finance and development expert, specializing in Low-Income, Historic and New Markets Tax Credits financing.  She currently serves as a special consultant to CCA on development, finance and portfolio projects. Ms. Vaughn has over 25 years of experience in affordable housing and real estate development.  Prior to joining CCA, Ms. Vaughn was the Senior Vice President of the Enterprise Social Investment Corporation, where she managed the syndication and investor relations department.  She is an expert in all types of housing and commercial financing and recently completed the financing on a $50 Million historic renovation project in Baltimore, Maryland financed with both New Markets and Historic Tax Credits.

Dan Mendelson
Associate

Dan Mendelson is an affordable housing finance and syndication expert, specializing in negotiating and structuring transactions and programs.  He currently serves as a special consultant to CCA on development, finance and portfolio projects and as Chief Broker for Chesapeake Mortgage, Inc. a Virginia Housing and Finance Authority (VHDA) approved mortgage broker.

He became affiliated with CCA in 2003, after leaving Enterprise Social Investment Corporation where over the previous 13 years he had helped build the LIHTC syndication business into a profitable $500 M plus per year syndicator and served as Senior Vice President.  Dan currently operates a small consulting firm (DTM and Associates, Inc.) working in the Affordable Housing/Community Development Finance Industry on idea generation, organizational, capital raising, underwriting, portfolio and development matters for a variety of developers, foundations, low income tax credit syndicators/lenders and investor clients.  Recent clients include The Kresge Foundation, NeighborWorks, Living Cities Foundation, National Equity Fund, Great Lakes Capital, Ohio Capital Corporation for Housing, National Affordable Housing Trust, Enterprise Community Investments, Arlington Partnership for Affordable Housing (APAH), National Church Residences, AEON, Adams Construction, Pathstone, and NHT/Enterprise.

With more than thirty years of experience in community developments and housing finance, Mr. Mendelson approaches issues with a non-profit heart but a business head.  He is a proven problem solver ready to take on any and all of CCA’s clients’ challenges.

Dan Mendelson
Associate

Dan Mendelson is an affordable housing finance and syndication expert, specializing in negotiating and structuring transactions and programs.  He currently serves as a special consultant to CCA on development, finance and portfolio projects and as Chief Broker for Chesapeake Mortgage, Inc. a Virginia Housing and Finance Authority (VHDA) approved mortgage broker. He became affiliated with CCA in 2003, after leaving Enterprise Social Investment Corporation where over the previous 13 years he had helped build the LIHTC syndication business into a profitable $500 M plus per year syndicator and served as Senior Vice President.  Dan currently operates a small consulting firm (DTM and Associates, Inc.) working in the Affordable Housing/Community Development Finance Industry on idea generation, organizational, capital raising, underwriting, portfolio and development matters for a variety of developers, foundations, low income tax credit syndicators/lenders and investor clients.  Recent clients include The Kresge Foundation, NeighborWorks, Living Cities Foundation, National Equity Fund, Great Lakes Capital, Ohio Capital Corporation for Housing, National Affordable Housing Trust, Enterprise Community Investments, Arlington Partnership for Affordable Housing (APAH), National Church Residences, AEON, Adams Construction, Pathstone, and NHT/Enterprise. With more than thirty years of experience in community developments and housing finance, Mr. Mendelson approaches issues with a non-profit heart but a business head.  He is a proven problem solver ready to take on any and all of CCA’s clients’ challenges.

Art Robinson
Associate

Art Robinson is in charge of construction management in the Portsmouth, Virginia area.  Mr. Robinson has had more than 20 years of experience in this field and is an expert in the areas of construction and renovation of federal, municipal and commercial properties.

 

Art Robinson
Associate

Art Robinson is in charge of construction management in the Portsmouth, Virginia area.  Mr. Robinson has had more than 20 years of experience in this field and is an expert in the areas of construction and renovation of federal, municipal and commercial properties.  

Robin Wu
Project Manager

Robin Wu is a project manager at CCA with over 8 years of experience in the affordable housing industry. Her responsibilities in this role include preparing LIHTC applications, assisting with evaluating, negotiating and closing LIHTC partnerships, evaluating and closing debt, and creating and updating financial projections. Ms. Wu holds a B.S. in Business Administration with concentrations in Economics and Finance. Prior to joining CCA, Ms. Wu served as a regional accounting manager for The Michael’s Organization, where she oversaw all accounting activities for a portfolio of 24 affordable housing and mixed finance projects. She is also serves on the board of directors for the Women’s Housing Coalition, a Baltimore based nonprofit that provides permanent supportive housing to homeless women and children.

Robin Wu
Project Manager

Robin Wu is a project manager at CCA with over 8 years of experience in the affordable housing industry. Her responsibilities in this role include preparing LIHTC applications, assisting with evaluating, negotiating and closing LIHTC partnerships, evaluating and closing debt, and creating and updating financial projections. Ms. Wu holds a B.S. in Business Administration with concentrations in Economics and Finance. Prior to joining CCA, Ms. Wu served as a regional accounting manager for The Michael's Organization, where she oversaw all accounting activities for a portfolio of 24 affordable housing and mixed finance projects. She is also serves on the board of directors for the Women’s Housing Coalition, a Baltimore based nonprofit that provides permanent supportive housing to homeless women and children.


Alexandra Hoffman
Project Manager

Alexandra Hoffman is a real estate development and urban planning professional with nearly a decade of experience specializing in property strategy, entitlements, and master planning.  Alex performs project management and financial modeling for CCA.

Prior to joining CCA, Alex coordinated downtown development and led several comprehensive planning efforts for the City of Baltimore and navigated the entitlement process as a private-sector consultant.  She completed a MA in Real Estate from the Johns Hopkins University Carey Business School and a BA in Economics from Reed College.

Alexandra Hoffman
Project Manager

Alexandra Hoffman is a real estate development and urban planning professional with nearly a decade of experience specializing in property strategy, entitlements, and master planning.  Alex performs project management and financial modeling for CCA. Prior to joining CCA, Alex coordinated downtown development and led several comprehensive planning efforts for the City of Baltimore and navigated the entitlement process as a private-sector consultant.  She completed a MA in Real Estate from the Johns Hopkins University Carey Business School and a BA in Economics from Reed College.

Patricia Mitchell
Paralegal

Patricia Mitchell is a commercial paralegal with over 20 years of experience in commercial real estate and commercial lending. Her role at CCA is to perform real estate closings, draft and review closing documents, coordinate pre/post-closing matters, perform due diligence, title/survey reviews and searches, corporate matters, and other commercial real estate matters as needed.

Prior to joining CCA, Ms. Mitchell worked for a large commercial owner/developer as a senior leasing paralegal where she produced and drafted retail lease documentation for a group of retail shopping centers.  Ms. Mitchell also has several years of experience in collateral control, compliance, documentation production, commercial loan administration and corporate governance.  Ms. Mitchell holds an advanced paralegal certificate in Commercial Real Estate and a Bachelors of Arts degree from University of Baltimore.

Patricia Mitchell
Paralegal

Patricia Mitchell is a commercial paralegal with over 20 years of experience in commercial real estate and commercial lending. Her role at CCA is to perform real estate closings, draft and review closing documents, coordinate pre/post-closing matters, perform due diligence, title/survey reviews and searches, corporate matters, and other commercial real estate matters as needed. Prior to joining CCA, Ms. Mitchell worked for a large commercial owner/developer as a senior leasing paralegal where she produced and drafted retail lease documentation for a group of retail shopping centers.  Ms. Mitchell also has several years of experience in collateral control, compliance, documentation production, commercial loan administration and corporate governance.  Ms. Mitchell holds an advanced paralegal certificate in Commercial Real Estate and a Bachelors of Arts degree from University of Baltimore.

Elizabeth Steffen
Director of Accounting/Asset Manager

Beth Steffen is the Director of Accounting and Asset Manager at CCA.  Her responsibilities include providing financial accounting and budget management, facilitating annual auditing processes, and assisting project managers. As Asset Manager, Ms. Steffen oversees all aspects of the financial, capital,  operations, and administrative needs of the company’s portfolio. Prior to joining CCA, Ms. Steffen served as a Senior Associate at Ellin & Tucker, Chartered, where she planned, assisted and supervised audits, review, and compilation engagements for non-profit, service, and construction industries. Ms. Steffen holds a B.S. in Accounting.

Elizabeth Steffen
Director of Accounting/Asset Manager

Beth Steffen is the Director of Accounting and Asset Manager at CCA.  Her responsibilities include providing financial accounting and budget management, facilitating annual auditing processes, and assisting project managers. As Asset Manager, Ms. Steffen oversees all aspects of the financial, capital,  operations, and administrative needs of the company’s portfolio. Prior to joining CCA, Ms. Steffen served as a Senior Associate at Ellin & Tucker, Chartered, where she planned, assisted and supervised audits, review, and compilation engagements for non-profit, service, and construction industries. Ms. Steffen holds a B.S. in Accounting.

Rebecca Poole
Administrator/Marketing

Becky Poole is responsible for assisting the CCA team in managing due diligence, construction draws, document drafting, as well as the HUD APPS system maintenance.  She performs all the administrative functions in our office.  She has over 18 years of Executive/Administrative experience.

Rebecca Poole
Administrator/Marketing

Becky Poole is responsible for assisting the CCA team in managing due diligence, construction draws, document drafting, as well as the HUD APPS system maintenance.  She performs all the administrative functions in our office.  She has over 18 years of Executive/Administrative experience.


Amanta Groth
Asst. Project Manager

Amanta Groth is responsible for assisting the CCA team in managing due diligence, construction draws, document drafting, and client services. She performs all the administrative functions in our office.  She is also an Assistant Project Manager to Vicki Vaughn of our office.

Amanta Groth
Asst. Project Manager

Amanta Groth is responsible for assisting the CCA team in managing due diligence, construction draws, document drafting, and client services. She performs all the administrative functions in our office.  She is also an Assistant Project Manager to Vicki Vaughn of our office.