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.
Adrian's Favorite Projects
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KIPP School at Whittier
A Historic School Reborn for Learning
The Field School
Expanding Education Access on Chicago’s West Side
Reach Out to Connect With Adrian.
Meet Mike
About Mike Phillips
As Director of Public Policy, Mike Phillips specializes in garnering and organizing local, national, and federal advocacy initiatives. He works to secure congressional support for enhancement legislation relating to the Historic Tax Credit (HTC), New Market Tax Credit, and other community development incentives. Mike is a nationally recognized leader in advising advocates on delivering timely communication and key information to congressional offices on behalf of the HTC. He is the Chair of the Advocacy Committee with the Historic Tax Credit Coalition, helping advocates plan and coordinate in-district/state site visits with members of Congress and orchestrates DC lobby days on behalf of the coalition.
“It’s satisfying to see NTCIC’s projects prioritize excellence in historic preservation while at the same time effectively promoting critical impact like employment, small business growth, and community health. NTCIC invests in communities to help them grow and develop into something inspiring, unique and wonderful.”
- Mike Phillips
- Director of Public Policy
Mike's Favorite Projects
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American Brewery
Historic Brewery Becomes Social Services Hub in Baltimore
The Battery
Power Station Transforms into Multifamily Campus Experience
Westport Commons
Revitalizing Westport’s Legacy
Reach Out to Connect With Mike.
Meet Suzanne
About Suzanne Brown
As Senior Vice President and Chief Operating Officer, Suzanne is responsible for finance and internal operations including Accounting, HR, IT and administrative functions for NTCIC, its subsidiaries and its funds. Suzanne also oversees NMTC compliance and assists in managing NTCIC’s NMTC program.
Suzanne has over 35 years of management, accounting and finance experience and has held various senior management positions in corporate accounting for both private and public companies. Prior to joining NTCIC, she worked for Enterprise Community Investment, Inc., where she was responsible for deploying over $100 million in NMTC capital, as well as overseeing compliance and investor reporting and served on their finance team. She additionally held other positions in corporate accounting and was a manager in the financial services practice of KPMG, a national public accounting firm.
Suzanne is a CPA and holds a Bachelor of Accounting, Magna Cum Laude, from The George Washington University and an MBA from Johns Hopkins University.
“Our work not only helps to save historic buildings and promote environmental sustainability, but it supports economic rebirth and the continued vitality of the communities in which we invest. It is a privilege to be able to do this work and observe the amazing impacts our projects achieve.”
- Suzanne Brown
- Senior Vice President & Chief Operating Officer
Suzanne's Favorite Projects
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Findlay Parkside
The Continued Expansion of an Iconic Public Market
Benn High
Vacant School Building Becomes Community Hub
American Brewery
Historic Brewery Becomes Social Services Hub in Baltimore
Reach Out to Connect With Suzanne.