25+ Years of Experience 
Meet Andrae
About Andrae Baly
As a Senior Asset Manager, Andrae Baly is responsible for asset management, including construction monitoring as well as post-closing lower tier compliance, and investor reporting and relationship management for New Markets Tax Credits, Solar Investment Tax Credits, and Historic Tax Credits investments. He also processes post-closing equity investment installments based on operating agreement benchmarks, and reviews annual financial statements. Before joining NTCIC in 2007, Andrae earned over several years’ experience in asset management, compliance monitoring and loan administration of both equity investments and mezzanine debt for CIG International, a real estate investment firm, and KeyBank Real Estate Capital. He has a Bachelor of Science in Business Administration from Houghton College (NY).
“I’ve seen NTCIC’s mission come to life through the rehabilitation of Baltimore’s 1887 American Brewery Building. At the time the historic rehabilitation was completed, it was the only office building in a distressed neighborhood that experienced a high poverty and unemployment rate. Not too long after construction completion, I could see cranes near the building, signaling that it served as a catalyst for other development that would help revitalize the neighborhood.”
- Andrae Baly
- Senior Asset Manager
Bret's Favorite Projects
Browse all projects
Old Mill Works Fall River, MA
19th-Century Mill Becomes A Modern Economic Engine
Ellicott Mill | Ellicott City, Maryland
Former school becomes affordable homes and a community anchor
Fells Point Baltimore, MD
Heritage Reborn on the Baltimore Waterfront
Old Mill Works Fall River, MA
19th-Century Mill Becomes A Modern Economic Engine
Ellicott Mill | Ellicott City, Maryland
Former school becomes affordable homes and a community anchor
Fells Point Baltimore, MD
Heritage Reborn on the Baltimore Waterfront
Ready to Get Started? Talk With Andrae Today.
