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President and CEO517‐334‐0559
Eric joined Michigan Community Capital in 2017 and is the President and CEO. Eric is responsible for capitalization, policy, and strategy for MCC and all subsidiaries. In his role, Eric works with MCC’s diverse, talented, and LMI accountable Board to ensure the organizations resources are directed to achieve the maximum public policy benefits for disinvested people and communities in the State of Michigan.
Eric is a commercial investment real estate banking professional by training. After years of working in both the consumer and commercial sides of community banks, Eric followed his passion for public policy and the intersection of public and private capital through a position at the Michigan Economic Development Corporation. While the Director of Debt Capital Markets at MEDC, Eric oversaw a $300M portfolio of credit enhancement products including the State Small Business Credit Initiative, Industrial Development Revenue Bonds, and aspects of the Community Revitalization Program.
Originally from a low-income family and receiving Pell grants and a need-based scholarship to college, Eric developed a passion for assisting and supporting low- and moderate-income people on the path out of poverty. Eric spent many summers on maintenance crews earning minimum wage in public housing projects in Northern Kentucky. This is where he learned firsthand what interventions worked, and about the dedication, dignity and intense work ethic that many low-income families have to achieving success in work and at home.
Eric has a BS in Public Affairs from the Indiana University School of Public and Environmental Affairs where he received a full ride as an Evans Scholar. Eric also has an MBA in Management and Financial Accounting from the University of Liverpool, UK.
Annie Jenkins, CPA
Chief Operations Officer & Chief Financial Officer517‐334‐0983
Annie Jenkins joined MCC in 2020 as the Chief Financial Officer and the Chief Operating Officer. She is a certified public accountant licensed in the state of Michigan. She is responsible for guiding MCC on all things financial including MCC’s capitalization strategy, accounting and monitoring cash and non-cash timing impacts, project-level financial performance, budgeting and forecasting, audit/tax preparation and management, and oversight of MCC’s comprehensive impact data. As the organization continues to grow and evolve, Annie is heavily involved in process building, implementation, and compliance both at the project level and the enterprise level.
Prior to joining the team at MCC, Annie worked for more than 12 years in public accounting at Plante & Moran, PLLC. She served as a member of the assurance team and the tax credit consulting team providing assurance, tax, and consulting services to real estate entities involved in New Markets Tax Credit, historic rehabilitation, and low-income housing tax credit projects.
Annie spent four years balancing academics and athletics as a member of the women’s basketball team at Eastern Michigan University. In addition to MAC conference championships, WNIT appearances and a NCAA appearance, she graduated magna cum laude with a bachelor’s degree in business administration and management and a master’s degree in accountancy.
Her quiet competitiveness and her teamwork mentality drive Annie’s achievements in a challenging and complex role.
Vice President of Development517‐334‐0967
Marilyn Chrumka is the Vice President of Development for Michigan Community Capital (MCC). Marilyn is a Graduate of Michigan State University, where she received a BA in Community Relations.
Marilyn started working in community organizing and advocacy during college throughout her internships at the Foundation for Sustainable Development, the Community Relations Coalition and the Michigan Economic Development Corporation (MEDC) . After graduation, she worked on the launch of the Redevelopment Ready Communities Program statewide at the MEDC before moving to the Community Assistance Team. In this role, she leveraged state and federal programs to incentivize over 100 million dollars of private investment across 9 counties.
In 2016, Marilyn joined the private development company, Kincaid Henry, as the Development Services Leader. There, she worked to financially structure and close important downtown revitalization projects such as the Strongback Project in Adrian, The Lofts on Louis in Jackson, The Owosso Armory in Owosso, The Thompson Block in Ypsilanti, 449 Bridge Street Redevelopment in Grand Rapids and the Union Block Redevelopment in Linden.
Marilyn is able to continue her passion for strong communities and downtown revitalization at MCC.
Vice President of Lending517‐334‐0979
Liz joined Michigan Community Capital in 2019 and is the Vice President of Lending. In her role, she is responsible for enterprise risk management and oversees the company’s underwriting, closings, loan portfolio and policy, tax credit projects, reporting and monitoring, CRM platform interface, and impact-related monitoring. She supports the growth and success of community development projects and small businesses with financial evaluation, reporting and regulatory compliance support.
Liz has 20 years of combined experience in the banking and governmental compliance and economic development industries. She has experience with transactional modeling, credit quality evaluation, state and federal program compliance, and covenant testing. Prior to joining MCC, Liz was responsible for the long-term management of multi-million dollar portfolios of loans, investments and credit enhancements at the Michigan Economic Development Corporation and at private banks.
Liz enjoys seeing the impact that MCC has made in numerous communities throughout Michigan including the restoration and renovation of historical buildings, bringing workforce housing to rural communities throughout the state and revamping the visual aesthetic of neighborhoods.
She has a Bachelors of Business Administration with a concentration on Accounting from Western Michigan University in Kalamazoo, MI.
Director of Marketing517‐220‐0261
Abbey joined Michigan Community Capital in 2020 as the Director of Marketing and Real Estate Programming. In her role, she is responsible for marketing MCC and its properties and investments, from tenant communications and online leasing, to press releases and company signage. Abbey also works with design/construction teams to ensure detailed property branding.
While studying at Michigan State University, Abbey worked as an intern for the Community Assistance Team at the Michigan Economic Development Corporation. She then joined the Marketing Department at MEDC where she worked closely with the Pure Michigan tourism campaign team and Michigan Film Office. From there, Abbey worked in property events and recreation, public relations, and marketing at northern Michigan resorts including Boyne Resorts, Crystal Mountain, and Bay Harbor.
Abbey’s passion for effective communication, helping others (especially rescue dogs), and real estate drive her work in the industry. She’s an avid learner taking on multiple programming builds and construction projects of her own.
Abbey graduated from Michigan State University with a degree in Natural Resource Recreation and Tourism, with a specialization in Leisure Business and Marketing. She holds an active real estate salespersons’ license in the State of Michigan. Abbey is also on the executive board of her local chamber of commerce.
Managing Director of Policy & Impacts(517) 334-0916
Stacy joined Michigan Community Capital in 2022 and is Director of Federal Opportunities. Stacy coordinates and implements federal funding opportunities such as New Markets Tax Credits, Capital Magnet Funds and Financial Assistance grants available to CDFIs. In her role, Stacy identifies, evaluates, and deploys federal funding to high-impact community and business development projects throughout the state.
Stacy has a long career in public and non-profit service. Prior to joining MCC, Stacy helped launch the Affordable Housing Preservation Partnership with the City of Detroit at Enterprise Community Partners. She led the creation of affordable housing preservation infrastructure and tools and worked directly with owners on long-term preservation strategies. Stacy has also worked for the Michigan Economic Development Corporation in Community Development leading the Community Assistance Team and managing a pipeline of complex real estate transactions. At the federal level, Stacy has worked for the U.S. Department of Agriculture and U.S. Department of Labor, Office of Equal Employment Opportunities.
Stacy is passionate about removing barriers to economic mobility and creating sustainable development projects. She views each project – whether a long vacant historic school or a disconnected plot of land – as puzzle yet to be solved. With her vast knowledge of federal, state and local tools, Stacy enjoys connecting pieces and creating spaces that improve people’s lives.
Stacy has a Master of Public Policy from the University of Michigan-Dearborn, a B.A. from Western Michigan University and is a certified Economic Development Professional.
Director of Property Management517‐220‐0518
Rhett is a graduate of Baker College where he received a Bachelor of Business Administration in management. In 2006 he joined the property management industry overseeing a large number of units – both market-rate and student portfolios – near the Michigan State University campus. In 2018, Rhett made the transition in property management to the rural development and tax credit market servicing Texas, Indiana, and Northern Michigan.
Community growth and development has been a key responsibility for Rhett during his years in property management. Rhett is looking forward to continuing that growth and passion with MCC.
Rhett is CAM (Certified Apartment Manager) certified with the National Apartment Association and has served on the board of directors with the Property Management Association of Mid-Michigan.
Director of Property Maintenance517‐708‐2107
Brandon has a passion for multi-family housing and mission-driven real estate development. He joined MCC in 2021 in the role of Director of Property Maintenance. With over 17 years of property maintenance experience, he hires and trains on-site maintenance managers, assists with commercial tenant build-out and coordination, and collaborates with the director of property management on building operations.
Brandon previously served as Director of Maintenance for another Grand Rapids based company where he helped to oversee a portfolio of mixed-use buildings as well as several condominium associations in the greater Grand Rapids area. Brandon also has several years of experience with student housing facilities at Central Michigan University, Grand Valley State University, and Mid-Michigan Community College.
Brandon has an Accounting Information Systems degree from Central Michigan University and is HVAC certified.
David Hendley joined MCC in 2021 and acts as the Portfolio Manager. In this role, David is responsible for overseeing construction draws, assisting with underwriting, closings, development of the CRM platform, and reporting and monitoring/tracking of the portfolio.
Prior to joining MCC, David worked within the commercial banking industry and focused on numerous activities including documentation review, cash flow analysis, compliance/reporting duties, CRM project work, and assisting with loan requests ranging from several thousand to tens of millions of dollars.
David has resided within Michigan throughout much of his life and is driven to continue assisting MCC with their goal of creating/preserving affordable housing and investing in job-creating community-driven economic development within the state.
David graduated from Grand Valley State University in 2016 with a Bachelor’s of Business Administration degree in Accounting and Finance.
Mike Gall joined MCC in 2022 in the Controller role. He is a certified public accountant licensed in the state of Michigan. He is responsible for assisting the CFO with accounting and compliance operations and supporting the Real Estate Development and Property Management Teams with vendors, application of rents and deposits, insurance, audit and tax preparation, and serves as support to Lending and Tax Credit transactions.
Prior to joining MCC, Mike worked for three years in public accounting at Plante & Moran, PLLC and one year as an internal auditor with the State of Michigan. While with Plante & Moran, he was a member of the assurance team working across a variety of industries, including working with real estate entities involved in New Market Tax Credits and low-income housing tax credits. As an internal auditor with the State of Michigan, he worked closely with MDOT to review and test internal controls and procedures and provide recommended improvements.
Mike served for six years in the Michigan Army National Guard at several units across the state, has resided in various cities all over Michigan and is excited and proud to be a part of MCC as we create sustainable development projects and restore and renovate historical buildings in some of those same cities.
Mike graduated summa cum laude from Northwood University with a bachelor’s degree in business administration with a major in accounting.
Board of Directors
Senior Vice President | PNC BANK
Member Since June 2021
President & CEO | LANSING ECONOMIC DEVELOPMENT CORPORATION
Member Since February 2012
President & CEO | MICHIGAN COMMUNITY CAPITAL
Member Since June 2020
Richard Hosey III
Owner | HOSEY DEVELOPMENT
Member Since January 2010
Retired CDFI Professional
Member Since February 2012
President & CEO | CINNAIRE CORPORATION
Member Since January 2010
Retired Economic Development Professional
Member Since October 2005
President & CEO | NORTHERN INITIATIVES
Member Since June 2020
Program Officer | WK KELLOGG FOUNDATION
Member Since November 2010
Senior Vice President | INVEST DETROIT
Member Since February 2019
Executive Director | GRAND ACTION 2.0
Member Since April 2009
Associate General Counsel | MICHIGAN ECONOMIC DEVELOPMENT CORPORATION
Member Since May 2023
President | GREATER FLINT HEALTH COALITION
Member Since June 2023
CEO | HABITAT FOR HUMANITY DETROIT
Member Since September 2023