Welcome BRC’s new Senior Vice President for Housing Development!

Please join us in welcoming Nicole Clare – BRC’s new Senior Vice President for Housing Development!

Below is a letter from BRC’s CEO, Muzzy Rosenblatt.


Dear Friends, Supporters, and Colleagues,

It is with great pleasure and excitement that I announce the appointment of Nicole Clare as BRC’s Senior Vice President for Housing Development, effective April 3, 2017. The creation of this position reflects BRC’s new focus and commitment – our “pivot” as described in last week’s Crain’s New York Business – to being a full-fledged developer of housing and facilities, in support of our clients on their paths from homelessness to home, and of our intention as an enterprise to further control our destiny and strengthen our financial condition.

In this role, Nicole will lead BRC’s efforts to develop a pipeline of affordable housing projects, building upon the success of our innovative Landing Road project (aka HomeStretch Housing). In this pioneering project, BRC is building on one site both a shelter and housing for extremely low income households (many of whom had previously been homeless). By recapturing what would be a private shelter developer’s profit and instead contributing these funds for use as a perpetual rental subsidy, BRC is able to build affordable housing, where a private developer would have been incentivized to build only a shelter. Nicole will oversee Landing Road’s successful completion while concurrently identifying new sites, selecting potential partners, securing financing, and managing construction of new projects. She will also oversee capital construction projects that maintain BRC’s existing real estate assets. Reporting to Nicole and ensuring continuity will be BRC Vice President John Johnson, who has been BRC’s dedicated point person over the years on numerous construction projects, including the development of Landing Road, Liberty Homes in East New York, and our Chelsea Multi Service Center.

BRC is truly lucky to have persuaded Nicole to join our enterprise; she has established herself as a tenacious and successful leader and a creative and effective manager, highly regarded by those in the affordable housing community. Since 2011, she has held progressively responsible roles in housing development at Settlement Housing Fund, one of our city’s and our nation’s earliest and most respected nonprofit developers of affordable housing and economically sustainable communities. Prior to SHF, Nicole managed the development and construction of affordable housing for the Cypress Hills Local Development Corporation, BRC’s friend and neighbor in Brooklyn. She has also held positions in the private sector, in NYC and Philadelphia, and in NYC government, where she was special assistant to the chief of design for NYC’s Parks Department. She received her Bachelor’s degree (with Honors) in Architectural Studies from Brown University, and subsequently a Master’s degree in City Planning from the University of Pennsylvania. She has participated in several prestigious professional development programs, including Coro Leadership New York, and is an active volunteer member of the New York Housing Conference, and of Women in Housing and Finance. Please join me in welcoming Nicole to BRC.

BRC’s opportunity to grow our organizational capacity to be a housing developer for the people we serve could not have been possible without the generous support of a $1.2 million matching grant from The William R. Kenan, Jr. Charitable Trust (Chapel Hill, NC). BRC has also received generous support for this effort from The New York Community Trust ($200,000) and from Enterprise Community Partners ($25,000). We are truly grateful for the support of our philanthropic partners who make our work, our growth, and our ability to create and innovate possible.

Thank you for all you do that contributes to BRC’s continued success and growth.

Sincerely,

Muzzy Rosenblatt

CEO & President

BRC

131 W 25th Street

New York, NY 10001

212.803.5701

www.brc.org

 

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