Hipolito (Paul) Roldan, President / Chief Executive Officer view bio Mr. Roldan has led Hispanic Housing Development Corporation since 1976. As HHDC's chief executive officer and first employee, he has developed more than 3,100 affordable units of housing and over 82,000 square feet of commercial space. He also directed the formation of a property management operation, which currently manages over 4,600 residential units in communities throughout Illinois, and established Tropic Construction Corp., a residential and commercial builder. Before joining Hispanic Housing, Mr. Roldan developed low-income housing in Brooklyn, New York.
In 1988, Mr. Roldan was awarded a John D. and Catherine T. MacArthur Foundation Fellowship for his work in community development. He committed $100,000 of his fellowship award to the establishment of the Teresa and Hipolito Roldan Scholarship to support Latinos who are studying community development.
Mr. Roldan serves on a number of boards and committees including the Chicago board of the Local Initiatives Support Corporation, National Puerto Rican Coalition, Mayor Daley’s Green Ribbon Committee for Climate Change, Division Street Business Development Association, Chicago United, Latino Policy Forum, MB Financial, N.A., the Housing Partnership Network, and The Institute of Puerto Rican Arts and Culture. He was an inner-city advisor and a former national trustee of the Urban Land Institute, is an Illinois Director of Seguros Multiples, is a board member of the Boston-based The Community Builders and of Governor Pat Quinn's Taxpayer Action Board.
Mr. Roldan was a participant in President Bill Clinton's Economic Conferences held in Little Rock, Ark., in 1992 and Columbus, Ohio, in 1995. In 2006, Mr. Roldan coauthored “Casa y Comunidad... Latino Home and Neighborhood Design” book. He was awarded a Bronze Star with “V Device” for combat duty in Vietnam. He holds a bachelor's degree in Social Studies from St. Francis College, and a master's degree in Urban Studies from Long Island University in New York.
Dilia Camacho-Saeedi, Vice President, Property Management view bio Dilia Camacho-Saeedi is the vice president of property management. She first joined HHDC in 1983 as an assistant manager and then rejoined the organization as a property supervisor in 1986. She has held her current position of vice president of property management since 1990. In this role, she oversees all duties of property management including asset management, administration, and resident services for HHDCs property management portfolio. The portfolio consists of more than 4,300 affordable housing units and 61,800 square feet of commercial space. She manages a department of 150 employees in 16 offices throughout Chicago, the western suburbs, and central Illinois.
Before joining HHDC Ms. Camacho-Saeedi worked as a program supervisor for ASPIRA Inc. of Illinois, where she oversaw a successful peer-counseling pilot program in five Chicago public high schools. From 1984 to 1986, she was a housing management officer for the Illinois Housing Development Authority and monitored 17 developments throughout the state.
Ms. Camacho-Saeedi also has served on the board of directors for LABE Bank and Esperanza Community Services. In 1998, she received the Metropolitan Chicago YMCA's Black & Hispanic Achiever Award. In 2000, she received IREM's Image Award for exceptional contributions to the real estate industry. Ms. Camacho-Saeedi holds a bachelors degree in urban studies and geography from the University of Texas at Austin. She received her CPM (Certified Property Manager) through the Institute of Real Estate Management (IREM), where she also served as vice president of membership and education.
Lalo Edery, Chief Operating Officer, Tropic Construction Corporation view bio Lalo Edery has been chief operating officer of Tropic Construction since 2004. He has more than 20 years of experience in large and complex projects, ranging from $10 million to $500 million, in the United States and internationally.
His most notable projects include Wyndham Chicago Hotel, 600 North Michigan, Chicago, 201 North Wells, Chicago, Ritz-Carlton Hotel, Barcelona, Spain, Hyatt Resort, Murcia, Spain, Wyndham Hotel, San Juan, Puerto Rico, and Torre Mayor, a 60-story office building in Mexico City.
Mr. Edery holds a bachelor's degree in civil engineering from George Washington University, an M.B.A. from the University of Chicago, and additional studies in real estate development from the master's program at the University of Cataluña, Spain.
Mark E. Kruse, Vice President, Development view bio Mr. Kruse joined Hispanic Housing Development Corporation in 1990 and serves as vice president for development. In that role, he has overseen the acquisition, renovation, and new construction of more than 1,100 apartment units and the development of more than 60,000 square feet of commercial space. His responsibilities also include all financial proposals, including capital budgets and pro forma cash flow statements, and coordinating all development and construction activities with Tropic Construction Corporation.
Prior to his work at Hispanic Housing Development Corporation, Mr. Kruse worked at Harris Trust and Savings Bank's Metropolitan Banking Division, gaining experience in underwriting low-income multi-family housing. From 1982 to 1989, Mr. Kruse worked for the City of Chicago's Department of Economic Development where he was responsible for business and real estate loans.
Mr. Kruse holds a bachelor's degree in Regional Development from the University of Arizona. He has continued his studies at the Institute of Real Estate Management, the Commercial Investment Real Estate Council, and the National Development Council.
Mr. Kruse serves on the board of DevCorp North in Chicago's Roger Park neighborhood and is an annual judge for the Chicago neighborhood Development Awards.
Paul Mittleman, Vice President, Acquisitions and Asset Management view bio Paul Mittleman joined HHDC in 2003. He has been responsible for the acquisition of 1,061 apartment units in six projects at HHDC. These acquisitions utilized HUD mark-to-market debt relief, tax-exempt bonds, low-income housing tax credits, financing from the Illinois Affordable Housing Trust Fund, Cook County Department of Planning and Development and the Federal Home Loan Bank Affordable Housing Program. In addition, these acquisitions involved almost $11 million of rehabilitation. Paul's responsibilities also include asset managment which involves the long term physical and financial planning for HHDC's portfolio.
Prior to his employment at HHDC, Mr. Mittleman served as vice president at Carter Page & Associates, a mortgage banking and development consulting firm. Before joining Carter Page & Associates, Paul was the chief financial officer of American Community Housing Associates (ACHA), which was formed to acquire and renovate government-assisted housing throughout the United States. Other experience includes work as chief financial officer of Chicago Dwellings Association and as an audit manager at Ernst & Young.
Paul is a certified public accountant and a graduate of Carleton College.
Erica Pascal, Vice President, Residential Sales view bio Erica Pascal joined HHDC in 1998 as vice president of business development, managing a program to link Hispanic entrepreneurs with franchise businesses. In 2000, she also took responsibility for acquiring, rehabbing, and selling HUD-foreclosed properties in Chicago. In her current position as vice president of residential sales, Ms. Pascal has rehabbed or built more than 200 units of housing for sale to low- and moderate-income families in Chicago, with plans for additional developments in Chicago and East Chicago, Ind. Prior to joining HHDC, Ms. Pascal worked with the National Commission on Neighborhoods, Shore Bank, the Lawyers' Committee for Better Housing, and the Chicago Rehab Network. She also managed a solo law practice.
Ms. Pascal serves on the advisory board of the Community Economic Development Law Project and is an adjunct lecturer at the University of Illinois at Chicago's Masters of Urban Planning and Policy Program. She has an undergraduate degree in urban affairs from Boston University. She received her J.D. in 1976 from Northwestern University Law School, where she was an Urban Law Fellow at the Center for Urban Affairs. She is also an Illinois licensed real estate broker and a certified dispute resolution mediator.
Laura L. Selby, Chief Financial Officer view bio Laura Selby is the Chief Financial Officer for Hispanic Housing Development Corporation (HHDC) and Tropic Construction Corporation. She joined HHDC in 1991 and oversees financial operations, accounting, human resources and information technology for all HHDC related entities with combined annual revenues in excess of $48 million. She created a fully operational human resource department that serves over 180 employees. She has also implemented systems that include e-purchasing, e-invoicing, and web-based accounting packages. Prior to joining HHDC she held similar positions in the real estate syndication industry.
Ms. Selby is also involved with a number of business and civic organizations. She serves as president for the 325 N. Wells Commercial Condo Association and as treasurer for The Institute of Clinical Social Work, for Central States SER and for SER Metro Detroit. She is a board member of Housing Partnership Insurance, a mentor sponsor for The Center for Nonprofit Success and for the last few years she has been a speaker for the Local Initiatives Support Corporations (LISC) financial managers' conference. In 2004 she was voted a LISC CFO All-Star. She holds a Bachelors degree in Accounting from University of Wisconsin and an M.B.A. from Northern Illinois University.
