- Who We Are
- What We Do
- Our Impact
The majority of our team is based in Chicago, while our partners and borrowers span the country.
President and CEO
Kevin Boes has served as the President and CEO of New Markets Support Company (NMSC) since January 2011. He is responsible for the oversight and management of the company and has led the expansion of LISC's New Markets business to include syndication and CDE services. Prior to his current role, Kevin served as the Senior Vice President and Chief Financial Officer of National Equity Fund (NEF) and continues to support NEF’s work in an advisory role. Prior to joining NEF, he founded Boes Consulting and serviced real estate clients, and worked at KPMG, LLP in its real estate assurance and financial services consulting practices.
Executive Administrative Assistant
Maria Castillo assists the NMSC team by handling administrative responsibilities for the acquisitions, asset management, legal and accounting staffs. Maria has eight years of prior administrative assistant experience in the tax credit industry with NEF. When not in the office, Maria enjoys reading, walking, and perusing antique shops for hidden gems.
Senior Program Manager
Malik Elliott is responsible for managing and evaluating the project pipeline for LISC (or NMSC’s client base). His role also involves transaction structuring and QALICB representation in locales throughout the company’s national footprint. Prior to working at NMSC, he served as a project manager for a regional allocatee, identifying and closing community-based NMTC projects in the Midwest. His professional background includes small business and commercial real estate finance, real estate brokerage and local economic development. Malik graduated from Boston University and holds a master’s degree in Urban Planning and Public Affairs with a concentration in Economic Development from UIC. In his down time, Malik enjoys reading and watching anything related to political economy. He has a sweet tooth for classic Chicago cuisine but burns off the calories with endurance sports including running, biking and the “grappling arts” (wrestling, judo, jiu-jitsu).
Michael spearheads NMSC’s Impact Investing business and manages The Good Jobs Fund, which capitalizes companies located in New Markets Tax Credit census tracts. Michael is co-founder of Bank of Boston’s later stage private equity business and its successor, Heritage Partners. Heritage is a middle market private equity fund that partners with entrepreneurs and family owned businesses providing growth and transition capital. As a General Partner, Michael served on the board of several Heritage portfolio companies, including IMPAC, Jordan’s Foods and Skilled Healthcare Group. Michael has also served as Board Chair for LIFT, a national poverty alleviation organization, and on the boards of City Year-Boston, YouthBuild USA, the Children’s Room and USC’s School of Dramatic Arts. Michael enjoys all outdoor activities, especially biking, and traveling with his family.
Senior Credit Analyst
Zach manages credit risks for new and existing projects by evaluating credit worthiness of prospective borrowers and reviewing and analyzing the health of NMSC’s portfolio. Zach began his career in commercial banking at a community bank in Arizona, where he worked with small businesses seeking SBA financing. Zach then worked for Silicon Valley Bank, a venture bank supporting technology start-up and growth companies, evaluating prospective borrowers seeking follow up debt financing after closing Series A & B equity rounds. Zach received his bachelor’s degree in economics and international business from The Arizona State University. Zach grew up in Tempe, Arizona (home of the Arizona State Sun Devils) and is a diehard fan of all Arizona sports teams; however, now that he lives in Chicago, he considers the White Sox his “second” baseball team. In his free time, Zach enjoys reading economics and finance articles, strength training and exploring Chicago’s bar scene.
Vice President, Operations and Strategic Initiatives
Kelsey manages internal operations, human resources, marketing and communications, and strategic initiatives. She is responsible for implementing consistent and effective internal processes to position NMSC for continued success. Kelsey was previously a project manager for our NMTC program, responsible for originating, underwriting, and closing projects for Midwest and West Coast LISC programs. Prior to joining NMSC in 2012, she interned with the CDFI Fund's NMTC program, served in the Peace Corps in Costa Rica as a Rural Community Development Volunteer, and worked in non-profit accounting for two years. Kelsey has an M.B.A. from Michigan's Ross School of Business and is a volunteer tax preparer for the Center of Economic Progress. We can safely say she is the only person on our team to have hiked part of Mount Everest.
Senior Vice President, Chief Financial Officer
Matt Huber oversees NMSC’s asset management, funds management, and accounting operations, including LISC's NMTC investments. Prior to joining NMSC, he worked at NEF, where he was the controller in charge of fund accounting for NEF's 1,600+ LIHTC investment portfolio. Matt began his career at KPMG in 1995 where he was a manager in the Chicago Real Estate Audit Practice. Matt is a CPA and belongs to numerous working groups focusing on the NMTC industry. When not on the job, Matt enjoys balancing his guilty pleasure – eating good BBQ – with healthier pursuits, including biking and running. He has been on a mission to instill his love of golf in his daughters. While golf has yet to catch on with his oldest daughter, he hopes his younger children will take an interest so he can spend quality family time on the golf course.
Brent helps manage, model, and structure NMSC’s funds for investors and other clients. He also works to develop new business lines for NMSC and assisted in launching Impact Lending, a partnership with Northeastern University to help small businesses in Boston access capital. Prior to joining NMSC in January 2016, Brent was a Fund Manager at the National Equity Fund where he helped structure and manage funds that invested nearly $10 billion in multifamily affordable housing. He has a bachelor’s degree in economics, finance, and real estate from the University of Northern Iowa and is pursuing his M.B.A. at Northwestern’s Kellogg School of Management. Brent enjoys traveling, especially for the volunteer service trips he takes to Haiti and El Salvador each year. He is also NMSC’s resident candy expert and supplier, keeping the office well-stocked with sour gummies.
Vice President, Impact Investing
Irene is responsible for sourcing, evaluating and executing impact investments, focused on bringing growth and transition capital to small businesses that provide quality jobs in low income communities. Irene began her career in investment banking at Goldman Sachs, working in both their New York and London offices. She also has extensive experience in middle market private equity; she worked for Frontenac Company in Chicago and helped launch a captive private equity business focused on emerging markets at Standard Bank. In addition, Irene has experience running several large private investor networks, focused on bringing investors together to collaborate around deal flow. Most recently, Irene ran the Direct Investing Network for Family Office Exchange, an exclusive membership organization for family offices. Prior to this, she served as Executive Director of the Sao Paulo chapter of HBS Alumni Angels of Brazil. Irene has an economics degree from Princeton University and an MBA from the University of Chicago Booth School of Business. Irene lives in Chicago with her husband and two sons, recently returning to her hometown after living in Brazil for nine years. Irene’s favorite pastime is running around after her two young sons. She also enjoys yoga, running, tennis and reading.
Marketing and Communications Associate
Virginia is a marketing associate, helping to communicate our work and impacts to the outside world. She designs print collateral, writes content for our websites, brainstorms strategic marketing initiatives to increase awareness of NMSC’s work, and more. She graduated with a degree in religious studies from Princeton, where she also volunteered with the Princeton Disability Awareness group to foster education and inclusion. Virginia is originally from Center, Texas and now resides in Chicago’s Wicker Park, where she is on the look-out for the best cup of locally brewed coffee and the coziest place to read. She is a fan of George Saunders, Kendrick Lamar, and every dog she has ever met.
As Asset Manager, Laura manages NMSC’s and its clients’ portfolios of NMTC investments from closing to unwind. Laura monitors all aspects of borrower performance and compliance, including construction progress, financial performance, community impacts and borrower compliance with NMTC program requirements. She also manages NewDL, NMSC's NMTC software, and led the development of NewDL 2.0 in 2017. She earned her M.B.A. from Duke University’s Fuqua School of Business, where she concentrated in financial analysis and served as Fundraising Chair for the school’s Net Impact chapter. Prior to business school, Laura worked in nonprofit development for four years. Originally from Chevy Chase, Maryland, Laura is a diehard Nationals fan, which frequently puts her at odds with her Chicago coworkers. She is also an avid podcast listener and trivia champion.
Emily supports internal operations, impact management and strategic initiatives in order to position NMSC for continued success. Emily is passionate about social enterprise and is invested in diversity and inclusion work throughout Chicago. She previously worked with The Kaleidoscope Group and Davidoff Strategy, supporting client service management teams. She graduated from Loyola University Chicago with her B.B.A. in Economics and M.B.A. with a concentration in Supply Chain. Emily is a 2018 Obama Foundation Community Leadership Corps Member and a Quinlan Mentor at Loyola, volunteering her time as a career mentor to undergraduate business students.
Senior Vice President, Chief Operating Officer
Steve is focused on growing NMSC’s lines of business and pursuing strategic partnership opportunities. He leads the Fund Management team, which creates, structures, and manages specialty funds to help our partners meet their community development goals. He was previously head of Fund Management at the National Equity Fund, where his group structured funds that invested more than $8 billion in multifamily affordable housing. Prior to NEF, Steve worked at Salomon Smith Barney. Steve graduated from the University of Richmond with a B.S. in Business Administration and is a CFA charterholder. Outside of the office, Steve enjoys eating tacos, golfing and playing tennis, and exploring Evanston with his wife, Nicole, and their three young children.
Natalie is responsible for accounting, reporting, treasury, and loan servicing for the CDEs and investment funds under NMSC management. Natalie also works with the asset management group to proactively address compliance and operational issues of projects under management. She earned a master’s degree from Keller Graduate School of Management in business administration and accounting, and an undergraduate degree from Peoples' Friendship University of Russia (PFUR), also known as RUDN. Prior to joining NMSC, Natalie worked as a senior accountant at NEF where she performed corporate accounting, financial statement preparation, audit preparation support, and other accounting related tasks. Natalie is a CPA. She lives in the suburbs of Chicago where she loves to spend time with her two young sons.
Assistant Accounting Manager
Jay Ricker joined our accounting team in June 2017. Jay previously worked in public accounting for four years and in accounting for a manufacturing company for two years. He graduated from the University of Wisconsin-La Crosse with a bachelor's in accounting and a minor in Spanish. He is a CPA. Jay is a self-proclaimed cheesehead and has a cheesehead that he has never worn within the city limits of Chicago. He enjoys playing golf and guitar and exploring new restaurants with his girlfriend.
Jessica Sanchez is responsible for a variety of accounting functions at NMSC, including quarterly and annual financial reporting for NMTC entities under management. She graduated from Robert Morris University in 2008 with a degree in Business Administration/Accounting. Prior to joining NMSC, Jessica worked as a staff accountant for Vienna Beef LTD, in the accounting department of Four Seasons Hotels and Resorts, and has more than five years of experience in the insurance industry. In her free time, she loves to dance, play soccer, and travel.
Vice President, Fund Management
As Vice President, Fund Management Brynn joined NMSC in June 2017 to grow our fund management services. Prior to joining our team, Brynn was Vice President of Advantage Capital's firm structuring group for four years, where she originated funds, oversaw asset management, and worked with investment partners and portfolio companies. She previously worked at U.S. Bancorp Community Development Corporation as an asset manager responsible for the group's $1.5 billion state and federal NMTC program. Brynn served as a court appointed special advocate with Voices for Children and also served as a reviewer for Arch Grants St. Louis small business grants. Additionally, Brynn has been a speaker at several NMTC industry conferences educating the industry on the use of small QLICIs and loan funds to provide access to capital for small businesses in low-income communities. Brynn graduated magna cum laude from the University of Missouri-St. Louis, where she received her B.S.B.A with an emphasis in finance. She has an M.B.A. from Southeast Missouri State University. Contact Brynn at email@example.com.
Project 55 Fellow
Chris is the current Project 55 Fellow at NMSC, focused on business development and impact investing. He is responsible for conducting research on new business opportunities, helping to improve impact management processes, and assessing New Markets Tax Credit investments. Chris earned his Bachelors in Public Policy with honors from the Woodrow Wilson School at Princeton University. He also earned a Certificate in the Environmental Policy and is a passionate environmentalist. He loves to spend time outdoors, eat Korean food, sing in Chicago’s magnificent churches, and enjoy an eclectic blend of baroque, classical, jazz, rap, and hip-hop music.
Gus is responsible for corporate accounting and financial reporting for NMTC entities. Gus joined our accounting team in after graduating from Loyola University Chicago where he earned degree in accounting and business administration. Prior to joining NMSC, Gus had worked in area of accounting research, as well as hospitality management. In his free time, he enjoys cooking and working on his food blog.
Justin joined NMSC as an analyst after graduating from the University of Dayton in 2017, where he majored in finance and minored in marketing. He previously interned as a business analyst in PNC Bank’s mortgage department, where he worked to review and improve loan processes. Born and raised in the Chicago suburbs, Justin is a proud fan of almost all Chicago sports teams and the UD basketball team. After working at a hardware store in his hometown for several summers, he is also quite the handyman.