Meet Amir
About Amir Kirkwood
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Meet Tony
About Tony Gelderman
Tony and his wife, Katherine, co-own KCT Real Estate Ventures (KCT), a closely held real estate firm engaged in the acquisition, renovation, and management of company-owned historic properties, primarily in New Orleans. KCT frequently utilizes federal and state historic tax credits as well as development easements to successfully finance challenging historic restoration projects.
Tony is also counsel to the nationally recognized New York-based securities litigation firm Bernstein Litowitz, Berger & Grossmann LLP.
Tony’s early professional life has included serving as Chief of Staff and General Counsel in the Louisiana Department of Treasury. In that role, Tony was instrumental in launching the highly successful Louisiana Asset Management Pool, a multi-billion-dollar investment pool serving local government offices across Louisiana. Tony led LAMP as its Secretary/Treasurer many years after its founding.
Tony is a former President of the New Orleans Garden District Association, was the founding President of the Garden District Security District, and has served on numerous community boards through the years, including the Preservation Resource Center, the St. Charles Avenue Association, the Louise S. McGehee School, the Louisiana Endowment for the Humanities, and the Louisiana Architecture Foundation. He is the immediate past vice president of the board of the New Orleans Museum of Art. He is a former Co-chair and long-time member of the National Trust Council. Tony is currently a member of the WYES board of directors, New Orleans’ public television station.
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Meet Elaine
About Elaine DiPietro
Elaine founded Blooming Ventures LLC in June 2016 to utilize her experience in the New Markets Tax Credit (“NMTC”) industry to provide consulting services to project sponsors and community development entities. Prior to forming Blooming Ventures, Elaine was vice president for Enterprise Community Investment, Inc., where she was responsible for the management of all facets of Enterprise’s NMTC program, including investor and government relations, deal selection, underwriting, and portfolio management. Elaine also managed the provision of compliance and accounting services to other NMTC community development entities.
Enterprise is one of the largest recipients of NMTC allocation. Under Elaine’s direction, Enterprise managed a portfolio of over $800 million of investments.
Elaine is a frequent speaker at NMTC industry conferences and has published articles in industry journals. Elaine has served on several advisory and governing boards for NMTC community development entities.
Elaine is a CPA and graduated with honors from King’s College in Wilkes- Barre, PA. Prior to joining Enterprise Elaine was an auditor with Deloitte and focused on mergers and acquisitions.
“NTCIC’s work is important because although there are many sources of investment capital, not all bring the expertise and intention that NTCIC demonstrates. NTCIC’s work helps preserve historic buildings – an important task on its own – but also provides critical capital to community development initiatives that might otherwise struggle to find financing. NTCIC’s investments and asset management show that purpose driven investments create impact beyond financial returns.”
- Elaine DiPietro
- Founder of Blooming Ventures LLC
Elaine's Favorite Projects
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Electric Works
A District of Innovation in Fort Wayne
Converse Mill
Former Textile Mill Transformed Into Vibrant Apartment Living
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Meet Beth
About Beth Bergman
Beth is a partner at Bergman and Allderdice. She represents numerous local and national tax-exempt organizations, affordable housing developers, charter schools, community development financial institutions, institutional lenders and government agencies. Her practice areas include corporate, real estate, real estate financing, affordable housing, economic and community development, tax-exempt governance and tax-exempt financing.
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Reach out to learn more about NTCIC.
Meet Madelyn
About Madelyn Livingston
As the Marketing Coordinator, Madelyn works alongside the Director of Marketing and Communications to execute effective campaigns, allowing NTCIC to reach a broader audience through advocacy and creative storytelling. With a passion for history, community, and storytelling, Madelyn helps bring attention to the work NTCIC does, showcasing the transformative power of thoughtful investment.
Prior to joining NTCIC, Madelyn worked as the Marketing and Communications Coordinator for Historic Oakland Foundation, an Atlanta-based non-profit. Madelyn earned her Bachelor of Fine Arts in Photography, with a certificate in Historic Preservation from the University of Georgia, and her Master’s in Heritage Preservation from Georgia State University.
“I see our mission come to life through the stories I uncover and share. Each historic building we help preserve carries a legacy that resonates deeply within its community, and by highlighting these projects, I’m not just promoting our work, I’m amplifying the voices of neighborhoods that have long been overlooked and showcasing how tax credits can help benefit communities.”
- Madelyn Livingston
- Marketing Coordinator
Madelyn's Favorite Projects
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Tivoli Theatre
Community Takes Center Stage at Historic Chattanooga Theatre
Academy Lofts at Adair Park
Atlanta School Becomes Live-Work Space for Creatives
Conwood
Former Tobacco Complex Transforms into Mixed-Use Community Hub
Reach Out to Connect With Madelyn.
Meet Emily
About Emily Schimmel
As the People & Operations Manager at NTCIC, Emily Schimmel is at the helm of People Operations and daily office management. She supports the predominantly remote staff and ensures the smooth functioning of the corporate headquarters in Washington, DC. With over 15 years of experience in office management and people operations, Emily brings a wealth of knowledge and expertise to her role.
“My work makes a tangible difference by ensuring employees feel supported, valued, and equipped to do their jobs well. When our staff has a seamless experience with systems, it frees them up to focus on projects that touch communities nationwide. Creating that strong foundation for our people ultimately strengthens the impact NTCIC delivers in the field.”
- Emily Schimmel
- People & Operations Manager
Prior to joining NTCIC, Emily served as the Office Manager at the James Renwick Alliance for Craft, a national nonprofit dedicated to fostering education, connoisseurship, and public appreciation of American Craft and craft artists.
Since joining NTCIC, Emily has continued to cultivate her passion for helping people, earning her SHRM-CP certification. She also holds a Master of Professional Studies in The Business of Art and Design from the Maryland Institute College of Art, and a Master of Arts in Decorative Arts and Design History from the Smithsonian/George Washington University-Corcoran.
Emily's Favorite Projects
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American Brewery
Historic Brewery Becomes Social Services Hub in Baltimore
New Granada
Historic Music Venue Transforms into Community Center
Provident Health Campus
An Integrated Health Campus Serving West Philadelphia
Reach Out to Connect With Emily.
Meet Megan
About Megan Fee
As Controller, Megan oversees all accounting functions for NTCIC, and its subsidiaries. This includes general ledger preparation, payroll, timekeeping, budget creation, analysis and tracking, and financial reporting. Before joining NTCIC, Megan was the Controller at The McLean Group, LLC, a boutique investment bank specializing in Mergers and Acquisitions in the Government Contracting sector. Megan earned her bachelor’s degree from Lock Haven University.
“NTCIC plays a vital role in reshaping the future of underserved communities by turning vision into impact. Through historic preservation and renewable energy, NTCIC breathes new life into places that have been overlooked—revitalizing buildings, neighborhoods, and local economies.”
- Megan Fee
- Controller
Megan's Favorite Projects
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West Side Bazaar
A New Incubator and Cultural Marketplace in Buffalo
The Field School
Expanding Education Access on Chicago’s West Side
Converse Mill
Former Textile Mill Transformed Into Vibrant Apartment Living
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Meet Sarah
About Sarah Bussy
As a Senior Asset Manager, Sarah is responsible for managing a portfolio of NTCIC’s HTC and NMTC projects during the tax credit compliance periods. She oversees the construction draw process, delivery of operating agreement benchmarks, reviews reporting, facilitates investor and sponsor requests, oversee the exit process and ensures the projects maintain compliance with regulations and with the financing documents.
“Everyone at NTCIC is great at what they do, and it’s easy to see the impact of our work. There can be a lot of complexities, but at the end of the day, we’re creating places that matter to people and it’s a very rewarding thing to be able to witness the impact that our work can have on individuals and their communities.”
- Sarah Bussy
- Senior Asset Manager
Prior to joining NTCIC, Sarah worked for five years as a Senior Development Associate for Karp + Associates LLC, a real estate development company in Michigan that specialized in historic rehabilitation. There, she prepared financing packages, reviewed all transaction documents, and oversaw the closing process of each project. In this role, she managed projects totaling over $129 MM of total development costs.
Sarah graduated with her Juris Doctor, cum laude, from Western Michigan University and also holds a Bachelor of Arts in Economics from Michigan State University.
Sarah's Favorite Projects
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Provident Health Campus
An Integrated Health Campus Serving West Philadelphia
The Battery
Power Station Transforms into Multifamily Campus Experience
Findlay Parkside
The Continued Expansion of an Iconic Public Market
Ready to Get Started? Talk With Sarah Today.
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
Andrae's Favorite Projects
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The Children's Theatre of Cincinnati
Historic Children’s Theatre Returns Home
YWCA Wheeling
Celebrating a Century of Supporting Women and Children
Provident Health Campus
An Integrated Health Campus Serving West Philadelphia
Ready to Get Started? Talk With Andrae Today.
Meet Carolyn
About Carolyn Tom
As a Project Manager, Carolyn is responsible for underwriting and closing both historic and new market tax credit transactions. Carolyn brings more than eight years of experience in the fields of real estate and community development. Her extensive background allows her to navigate the challenges of project management within these sectors, providing valuable insight and leadership throughout each phase of development.
“Our work uniquely impacts community development by infusing capital into projects that both preserve historic buildings and create economic and social benefits. In addition to the practical work of providing funding sources, we also play key roles through the life cycle of a transaction: acquisitions, closing and asset management. By maintaining a presence from start to finish, NTCIC ensures that project partners receive expert guidance and support at every stage.”
- Carolyn Tom
- Project Manager
Prior to joining NTCIC, Carolyn was Vice President of Development at Radson Development, a New York based real estate developer specializing in affordable housing and mixed-use spaces. At Radson, Carolyn played a key role in closing over $100 million in new construction transactions. These projects were structured with New York City housing finance programs as well as Low-Income Housing Tax Credits.
Carolyn is a former attorney who earned her law degree from Boston University. She also holds a bachelor’s degree in English from George Washington University. She lives in New Jersey with her husband and two children.
Carolyn's Favorite Projects
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Benn High
Vacant School Building Becomes Community Hub
Loew's Jersey Theatre
Revitalization of One of Loew’s Wonder Theatres
YWCA Wheeling
Celebrating a Century of Supporting Women and Children
Ready to Get Started? Talk With Carolyn Today.