Meet Laura

About Laura Burns

Laura oversees NTCIC’s New Markets Tax Credit (NMTC) program, supporting transactions from origination through closing and into asset management. She manages compliance processes, AMIS reporting, and investor reporting, and also handles data collection, management, and analysis for NTCIC’s impact practice, ensuring data completeness and accuracy.

Laura is a co-leader of NTCIC’s impact measurement and management (IMM) efforts, including framework development, impact diligence, and reporting to internal and external audiences. Before joining NTCIC, Laura spent 10 years in the banking industry, gaining experience in portfolio administration, underwriting transactions, and loan documentation review.

“I’m grateful to be a part of helping support the adaptive reuse of historic buildings in underserved communities through federal tax credits and investment. In my day to day work, I’m passionate about optimizing the positive, measurable outcomes of our current portfolio and pipeline of projects.”

  • Laura Burns
  • Senior Manager, Impact Operations and Compliance

Laura holds a Master of Real Estate Development degree from the University of Maryland and a Bachelor of Science in Sociology from Virginia Tech. In her free time, Laura co-leads a volunteer program that financially and administratively assists homeless, returning citizens, and low-income individuals, in obtaining identification documents necessary for jobs, housing, education, or other services in the District of Columbia.

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Meet Adrian

About Adrian Ruiz

As Managing Director, Adrian oversees the impact investment asset management platform and executes NTCIC’s impact investing business strategy by originating, structuring, and managing high-impact, community-focused investments across historic preservation, renewable, and sustainable infrastructure sectors. 
 
Adrian joined NTCIC in 2025, bringing more than 15 years of non-profit leadership and community development finance experience. Prior to joining NTCIC, he served as the Director of Education Finance, Deputy Chief Investment Officer, and Chief Investment Officer at the Raza Development Fund, in which he oversaw the deployment of over $700 million of capital, including $115 million of QLICIs, in impact investments across the country.

“The capital we invest plays a critical role in promoting sustainable development, addressing systemic inequalities, and delivering tangible long-term value to communities. Not only does our work create valuable community assets, it helps stimulate economic activity, creating full time job opportunities both during the building restoration process and when the building is placed in service and local businesses are able to utilize the space.”

  • Adrian Ruiz
  • Managing Director – NT Impact Capital

He currently serves as a member of the NMTC Advisory Board of Directors for 19Twenty Community Capital, a Texas-based CDE, and the Housing Partnership Network, a Massachusetts-based CDE; a member of the External Credit Committee for the Nonprofit Finance Fund, a New York-based CDFI, and the Mercy Community Capital, a Colorado-based 
CDFI; and as Vice-Chair of the Board of Directors for Catholic Education Arizona, a non-profit, school tuition organization that helps underserved families in Arizona to provide a quality, Catholic education for their children. 

Adrian previously served as a reviewer for the Walton Family Foundation Startup Grant and for Arizona Expansion and Innovation Fund and is an alum of the AZ Charter Schools Association Aspiring Leaders, Pahara NexGen, and Tepeyac Leadership Institute fellowships. He received a bachelor’s degree in finance from Arizona State University and an MBA from Benedictine College and has completed the Chartered Alternative Investment Analyst (CAIA) Level I credential.

15+ Years of Industry Experience

Adrian joined NTCIC in 2025 with 15+ years of experience in non-profit leadership and community development finance.

Educational Background

Adrian is an alum of the AZ Charter Schools Association Aspiring Leaders, Pahara NexGen, and Tepeyac Leadership Institute fellowships. He received a bachelor’s degree in finance from Arizona State University and an MBA from Benedictine College and has completed the Chartered Alternative Investment Analyst (CAIA) Level I credential.

Arizona Office

Alongside CEO David Clower and Executive and Board Assistant Angelica Stranyak, Adrian works out of NTCIC’s Arizona office.

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