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Dear Friends and Colleagues,
MM Development Advisors, Inc. (MMDA) was incorporated on March 3, 2015. It would take me another year to gather the courage to quit my safe, full-time job and officially open for business in January 2016. I had no grand plans – I had no plan at all really. My start-up days were spent sending emails to everyone I knew, working through my contact list a little bit every day from A to Z. MMDA has accomplished so much since those early days. Over the past decade our work has advanced more than 4,500 units of affordable housing, 168 emergency shelter beds, and 37,000 square feet of commercial space, representing more than $615 million in development costs.
MMDA is a relentless advocate for our projects, our clients, and the communities they serve. We set a high bar for ourselves and for our work. We take a holistic view of the affordable housing ecosystem in New York State. I am proud that our work stretches across the state, from a 2-unit project in rural Allegany County to a 5,860-unit project in Queens. I am tremendously grateful for the exceptional team at MMDA including Jen Kaminsky, Becca Burglewski, and Kerri Scrivanos in the present, as well as for the past contributions of Melanie Caudill, Sue Kirby, Devon Chapman, and Angie Harbin.
Women continue to be underrepresented in ownership and equity roles within the affordable housing and commercial real estate industries. Over the next 10 years, MMDA’s work will expand with the intent to break this barrier in both our own organization and our work.
I founded MMDA with the core values of quality, community, and integrity. Our team remains grounded in these values and we look forward to making a positive impact on the multifamily housing industry in ways big and small for the next decade and beyond.
Sincerely,
MM
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