The Dynamic Markets Beyond NYC
1:30-2:45pm
Breakout Room- Jive/Bop
Ed Poteat- Moderator
President
Carthage Advisors is led by Edward Poteat. Mr. Poteat began his career in Affordable Housing in the Real Estate Investment unit of Chase Manhattan Bank. He was also a lender in the Chase Manhattan Community Development Corporation. Besides his career in banking, Mr. Poteat was also active in his community as a member in the Community Board and member of several community organizations. Mr. Poteat combines community sensitive initiatives with creative financial structures to achieve a win-win solution for the client of Carthage Advisors. His unique experience as Commercial Lender and Community Activist guides Carthage Advisor’s principles. Ed Poteat holds a Bachelor’s Degree in Economics and Urban Planning from Yale University and a Master’s Degree in Urban Planning from Hunter College. Currently, Mr. Poteat sits on the board of Citizen Housing and Planning Council and is an Advisory Board Member of the New York City Housing Partnership. Edward is currently an Adjunct Professor at Columbia University.
Ben Upshaw
Co-Founder
“Ben” Upshaw is a graduate of New York University’s prestigious Schack Institute of Real Estate where he received a master’s degree in real estate development. After graduating, he was employed with the New York City Housing Partnership as Director of Finance and then as Vice President of Real Estate Development at Harlem Congregations for Community Improvement. During these years as a mid and upper-level real estate executive, he was responsible for closing over $500MM of real estate projects that served low to moderate income households within the City of New York. These experiences lead him to form his own real estate development firm, CB-Emmanuel Realty, LLC, in 2005, with his business partner Richard Bramwell, Jr. To date, CB-Emmanuel Realty, LLC has developed over 33 projects, composed of over 3,400 apartments, at a cost of nearly $472,000,000 within low to moderate income communities across New York State. Cities, Townships, Villages, and Boroughs where the organization has or is currently working include Niagara Falls, Cheektowaga, Buffalo, Sodus, Williamson, Rochester, Bronx, Harlem, Queens, Staten Island, and Brooklyn. Ben Upshaw has serves on various boards including the state Advisory Board of Enterprise Community Partners, M&T Bank Affordable Housing Advisory Council, Villa Maria College President’s Advisory Council, University of Buffalo master in real estate development Advisory Committee, and Community Preservation Corporation ACCESS Advisory Council. Ben resides with his family in Clarence,NY.
Shawyn Patterson-Howard
Mayor of Mt. Vernon
Mayor Shawyn Patterson-Howard is the 28th Mayor of the City of Mount Vernon, New York serving the people of the historic Westchester community as the first woman in this capacity since her inauguration in 2020. With over three decades in public service as a leader in the early fight against the HIV-AIDS epidemic, a social worker, and non-profit executive director, Mayor Patterson-Howard employs her straightforward and pragmatic style to advocate for and raise the profile of the state’s eighth densest city. A somewhat reluctant politician, Mayor Patterson-Howard relies on collaboration and partnership on every level to address everyday issues and major crises, from the COVID-19 pandemic and food insecurity to infrastructure failures and gun violence, to set Mount Vernon on a path to growth, resilience, sustainability, and true governance. Mayor Patterson-Howard was reared with her sister on the southside of Mount Vernon by her mother and stepfather. She first became acquainted with Mt. Vernon government when she would visit her grandfather, the City’s very first African-American employee, an elevator operator in City Hall. A product of the City’s public school system, then Shawyn Patterson, went to Howard University, the real “HU,” where she would pick up both a degree from the School of Social Work and a new last name when she wed her husband Marvin Howard in their sophomore year. “SPH”, her newly minted moniker furthered her education with a Master’s in Public Administration and Urban/Community Planning from the John Jay College of Criminal Justice while raising their only child, a daughter, Nia. Mayor Patterson-Howard’s trailblazing work in public health, specifically AIDS awareness and reduction, housing for persons with AIDS, immigration programming, and anti-recidivism/anti-violence efforts, establishment of the County’s first drug treatment court, executive leadership, and planning and oversight of multi-million-dollar budgets have prepared her to be a servant leader in government. Still in her inaugural term, Mayor Patterson-Howard has fast become a force to reckon with as she has risen to the national stage for her unapologetic advocacy for environmental justice and resources to remedy the remnants of racist infrastructure. Her knack for building strategic partnerships to bring resources and expertise to her city, and her co-creation of strategies with state and federal partners have been instrumental in rebuilding trust and preventing disaffection in the future. In three short years, her efforts and skills have resulted in the acquisition of life-saving equipment and vaccines to service the community during the height of the pandemic, the successful “Save and Transform Mt. Vernon Hospital” campaign to preserve the City’s only hospital and access to lifesaving services, an increase and improvement of both youth and senior programming, the reopening of the City’s Historic Memorial Field after a 12-year hiatus, the award of over $150 Million in grant funding to rebuild the City’s crumbling sewer system (the largest singular award in New York State history), the launch of the City’s Zombie Home Elimination Initiative, increased sales tax revenue for three years straight, the paving of more than 120 roads with 150 more scheduled, a 14% reduction in violent crime, the modernization of the City’s vehicle fleet and first-responder equipment, the establishment of a Police Wellness Precinct (the first of its kind in the entire Northeast United States), provided relief to homeowners and businessowners to avoid foreclosure and eviction, initiation of the City’s Comprehensive Planning process for the first time in nearly 60 years, and establishment of an Economic Development Center open to residents of all incomes. Though Mayor Patterson-Howard continues her family’s legacy of being “first,” the first woman and person of color appointed President and Chief Executive Officer for the Yonkers Family YMCA in New York, the first elected woman Mayor in the City’s 200 plus year history, and the first African American woman and woman-of-color Mayor in the County of Westchester New York’s history; she has no desire to be “the only” and paves the way for those beside her and behind her. In addition to her professional accomplishments, Mayor Patterson-Howard values volunteerism and holds positions on several local and national Board of Directors including 1st Vice President of the African American Mayor’s Association (AAMA), Secretary of the Westchester Municipal Officials Association (WMOA), Member of the Children, Health & Human Services Committee of the United States Conference of Mayors (USCOM), and is a member of the National League of Cities (NLC) Women’s Advisory Committee, the New York Conference of Mayors (NYCOM) Nominating Committee, Member of the Delta Sigma Theta sorority, the Mayors for a Guaranteed Income Board of Directors, Sustainable Westchester Board of Directors, Hutchinson River Watershed Plan Steering Committee, and Co-Chair of Mayors Against Illegal Guns.
Harrison Rayford II
Principal/Managing Member
Harrison Rayford, II joined Lemor Realty as an acquisitions associate in June 2012. Prior to joining Lemor, Mr. Rayford spent two years with Time Square Development as a development associate. He was also a partner in the development of residential subdivisions in Atlanta, Georgia. In the partnership with Ken Morrison, Mr. Rayford played an integral role in the establishment of Lemor Development in 2012. He has been a key driver in Lemor’s iconic growth as the lead on more than $750 million in development new construction projects during the past five years. This includes the Mt. Hope Renaissance Project, a new construction, 13-building rental complex in addition to the Robeson, a 79-unit, mixed-income, new construction building, currently scheduled for completion June 2020, and the New York City Housing Authority (NYCHA) Manhattan Pact, a 1,700-unit, in-place RAD rehab in concert with NYCHA, Monandnoc, Community Preservation Corporation (CPC) and Community Development Trust (CDT). Through his professional affiliations including various private equity firms such as Belveron, and affordable housing institutional private investors such Redstone Enterprises and Enterprise NEF, (LISC) have afforded the firm to develop valuable relationships. Mr. Rayford serves on the Board of Trustees of the Abyssinian Baptist Church and the Harlem Restoration Project. He is also a member of the Real Estate Executive Council. Mr. Rayford holds a BS in Biology from Morehouse College and a Master’s degree in Real Estate Development from New York University’s Schack Institute of Real Estate.
Vickey Roberts
Director, Multifamily Housing Bonds
Vickey Roberts, Director of Multifamily Housing Bonds with Invest Atlanta, is responsible for providing guidance and assistance to developers interested in multifamily housing developments utilizing tax-exempt bond financing with 4% tax credits and seven other financing tools – including HOB Multifamily and Beltline Affordable Housing TAD. Since 2017, she has been responsible for creating and preserving more than 9,000 affordable housing units and the completion of transactions totaling $2.8 billion in capital investment. As a 29-year veteran in the affordable housing arena, Roberts manages URFA’s budget of $5 million. She also collaborates with Invest Atlanta’s Compliance team on the management and operation of the agency’s multifamily Housing Bond Portfolio of approximately $2 billion and more than 25,000 units of housing. Roberts has certifications as a HFDP and HCCP. She steered the nomination and receipt of Invest Atlanta’s NALHFA’s prestigious Award of Multifamily Excellence in 2022 and 2024. 2023 CFL graduate.
Chrystal Kornegay
CEO
Chrystal Kornegay is a mission-driven problem solver whose career is defined by repositioning organizations to grow their impact. She combines listening, instinct, and opportunity to create strategies that advance critical community development goals. Chrystal is passionate about assembling high functioning teams that achieve significant results. Her data-informed, laser focus on outcomes has led to increases in state investments in affordable housing, growth in affordable housing portfolios and the launch of nationally recognized programs to address the racial homeownership gap. For more than a decade, Chrystal has held leadership positions in the nonprofit and government sectors including serving as the CEO of Urban Edge, a nationally recognized community developer, and as Undersecretary of the Commonwealth’s Department of Housing and Community Development. Since she joined MassHousing in 2018, the Agency has served exponentially more people, increased its net asset position by 23% and secured over $500 million in federal and state funds to create and expand housing production and preservation programs. Chrystal lends her fun-loving spirit to the industry by serving on the boards of the National Council of State Housing Agencies (NCSHA) and the National Housing Trust (NHT). Chrystal holds a Master's Degree in Urban Planning from the Massachusetts Institute of Technology and a Bachelor of Arts Degree from Hunter College.