Board of Directors
Also, to be considered, in assessing the quality of the human resources which CAA will bring as effective tools to improve the livelihood of persons located in the low-income communities of Clark County, Nevada is the organization’s Board of Directors. Individual Board members have represented the mission of the new entity in their previous and current capacities at various conference meetings and other such functions, which will thereby contribute to the firm’s promotional efforts. It is in this capacity as purveyors of information about the new loan program that we envision the members of the Board becoming even more active in the future. The four Board members affiliated with NVCDC have attended National Association of Development Companies (NADCO) board training (20 years) and have approved over $360 million in financing under the SBA 504 program.
The Executive Board will be responsible to EDA and other granting firms whether public or private for the successful implementation of this proposal. Members of the board have extensive administrative and management skills beginning with the President of the Board Chief Dave Washington. Chief Washington is the former Fire Chief for the City of Las Vegas responsible for a budget of over $100 million and a staff of over 670 persons (Has over 22 years of administrative and management experience). He was also a former Board of Director of Enterprise Federal Credit Union (5 Years) and partner in the Turtle Stop convenience store. He lives in a low income census tract located in Clark County, where he has lived since 1976. He was on the Board of Directors of NVCDC for over 28 years and served as Chairman for 15 years. He was responsible for the approval of over $360 million in 504 loans.
Ms. Dora D. LaGrande, will serve as Compliance manager and currently serves as Asset Manager and Compliance Officer for Global Property Management Group, Inc. (GPMG), a non-profit property management company whose parent company, Community Development Programs Center of Nevada is the developer for Low Income Housing Tax Credit developments.
LaGrande’s career spans more than 20 years in property management and compliance. Under her direction, Global manages 1300 residential units at 15 different properties and she provides compliance for those developments in compliance with IRS requirements. Well versed in all forms of monitoring and compliance requirements related to Low Income Housing Tax Credits, she has managed both multi-family and senior housing programs.
Prior to joining CDPCN/Global in 2001, she served as a Commercial Lender for American Bank of Commerce from 1981 until 1995 and Community Lending Officer at U.S. Bank from 1995 until 1997. From 1997 until 2001 she was the Director of Homeownership Programs for NAACP Community Development Programs Center of Nevada where she was responsible for credit counseling, budget counseling, pre and post homeownership counseling, homebuyer education, foreclosure prevention and packaging and submitting loans on behalf of the clients as well as securing homeownership funds from the local municipalities. She also applied for and received in excess of $600,000 in grants for down payment assistance and closing costs to support the clients who successfully completed counseling and became homebuyers.
LaGrande is past Chair of the Southern Nevada Regional Housing Authority where she served from 2009 – 2018. She steered the ship as the three local Nevada Housing Authorities (City of Las Vegas, Clark County and North Las Vegas) were
regionalized and combined into one Authority which became the Southern Nevada Regional Housing Authority in 2010. She had oversite for operations, programmatic, policy and fiduciary functions for the agency which had a $150 million dollar budget and in excess of 250 employees.
LaGrande’s philanthropic contributions to the community are vast. She serves on the Sheriff’s Multicultural Advisory Council. Past Chairperson of Safe Nest (local domestic violence agency), Past Chairperson of State of Nevada Welfare Board, Past Chairperson of Southern Nevada Private Industry Council, just to name a few. She is the co-founder of Enterprise Community Federal Credit Union and will serve as secretary of CAA.
Mr. Grenell Martin, Director/Treasurer, has over 44 years of banking experience and currently is a Business Development Officer for Bank of the West. He is a former commercial lending officer for Community Bank of Nevada, and Black Mountain Bank of Nevada for over 20 years. He was a credit analysis for Bank of America and Pioneer Citizens Bank for 10 years. This bank also serves and target low income individual in census tracts located in Clark County. He served as Treasurer and was on the Board of Directors of NVCDC for 17 years approving over $360 million in 504 loans.
Ms. Marilyn Clark is the former office manager of NEDCO where she was employed for 10 years. She is currently a Clark County school teacher, with a bachelor’s in business management from Southern University in Baton Rouge and a master’s degree in Education from University of Nevada in Las Vegas. She works at an Elementary School located in a low income census tract in Clark County. She was on the Board of Directors of NVCDC for over 27 years and was responsible for the approval of $360 million in 504 loans.
Mr. Jeffrey Walker is a U.S. Army veteran who has experience in banking, business, and teaching. He has a bachelor’s degree in philosophy from the University of Nevada in Las Vegas and has taken classes in Computer Office Management from Education Dynamics Institute. He lives in a low income census tract located in Clark County. He is currently employed at Nevada Housing Authority as a Logistics supervisor (7 Years). He was on the Board of NVCDC for over 27 years (being involved in the day to day operations for 15 years) and is responsible for the approval of over $360 million in 504 financing.
The Board of Directors will serve as appointed by board members and will be responsible for reviewing and approving all loans, setting policy, formulating goals and objectives, as well as ensuring that objectives are met. The loan committee will consist of the 5 member board and two associates. The Board will be required to meet at least once a month and will meet as required to conduct business. The Associate Ernest M, Fountain will prepare annual reports at the end of each calendar year that is approved by the board and then submit to the proper reporting authorities.
Although we are not an on-going business concern, CAA is prepared to start operation within 45 days of approval. A site has already been identified and the firm has furniture and computers for 6 offices along with copier and other miscellaneous tools required to create the operation. CAA will not have to reinvent the wheel to effectively deliver the services outlined in this proposal. Since we specialize in the area of business enterprise development, we would not experience any delay in assuming the ongoing responsibilities of operating a RLF with an on-going management and technical assistance component. This factor alone, represents a genuine cost savings and a continued continuity of delivery of services, not only to the government, but more importantly, to the clientele that we are committed to assist.
BOARD OF DIRECTORS
Capital Access Associates
C
A
A
A
A
A
A
DAVE WASHINGTON
PRESIDENT
DORA D. LAGRANDE
SECRETARY
GRENELL MARTIN
TREASURER
MARILYN CLARK
DIRECTOR
JEFFREY WALKER
DIRECTOR
