Tom De Simone Email & Phone Number

Los Angeles

President & CEO (June 2013 – current); Chief Operating Officer (April 2012 – June 2013); Vice President of Real Estate (May 2010 – March 2012); Project Manager (May 2008 – April 2010) Manage a team of 7 staff focused on delivering loans, investments, and technical assistance to mission-driven real estate projects sponsored by nonprofits and small businesses, which create economic and social opportunities in underserved communities throughout Los Angeles CountyProvide vision for Genesis LA’s strategic goals and business activities in collaboration with Board of Directors and implement programs and activities required to achieve mission and goalsTransform organization to raise more of its own capital under management, deploy more and larger loans, and increase its long-term economic self-sufficiencyDrive organization to be an entrepreneurial nonprofit leader in the community development sector by developing creative financial structures that support innovative and sustainable projects benefiting low-income individuals and communitiesDevelop and administer annual operating budget of approximately $2 millionIncreased total assets from $13 million to over $40 million and net assets from $6 million to $23 million under leadership as President & CEOSourced, structured and/or closed more than $48 million in direct loans and equity investments to 73 real estate projects and over $185 million in New Markets Tax Credits to 17 projectsProvided development consulting services to various projects, including: social service centers; commercial projects; group homes; low-cost housing for at-risk youth that did not rely on subsidies; preserving small multifamily properties; accessory dwelling units; and innovative low-cost construction of small affordable housingSecured capital sources, including: Over $21 million in debt from banks, foundations, and public sources; $135 million of New Markets Tax Credit allocation in four rounds; and over $9 million in grants

Los Angeles

Los Angeles Housing Department, Special Assistant to General Manager (July 2005 – July 2006)Los Angeles Housing Department, Project Assistant in Major Projects Division (June 2007 – August 2007)Assisted in development of acquisition and predevelopment fund: reached out to lending institutions; assessed take-out sources and strategies; developed fund prospectus Explored property acquisition options for Housing Department: researched non-profit and community land trust models; explored operating and financing structuresContributed to Mayor’s Five Year Housing StrategyAssisted with structuring city’s Permanent Supportive Housing FundAssisted with Affordable Housing Trust Fund funding roundsWrote transmittals for City Council approvalConducted housing policy research and analysis

Los Angeles

Served as lead staff on several policy issues and projects for Deputy Mayor of Economic Development and Executive Director of Housing Wrote Mayor’s Housing Production ReportAssisted with creation of new zoning incentives to promote downtown housing developmentResearched economic development strategies for Council of Economic AdvisorsDesigned marketing brochure for Historic Downtown Los Angeles Retail Project

Master, Urban Planning

Activities and Societies: FHLB Boston Affordable Housing Development Competition - First Place Team 2007

Bachelor Of Arts (B.A.), Political Science

Activities and Societies: Cal Berkeley Democrats