Brien R. O’Toole
Ellicott City,MD
Summary
Dynamic housing finance leader with extensive expertise at Maryland Department of Housing and Community Development.
Overview
46
46
years of professional experience
Work History
Chief of Housing Production
Maryland Department of Housing and Community Development, Inc.
03.2022 - Current
- Helped start up and institutionalize Emerging Developers Loan Fund and the Homeownership Works/UPLIFT Program to finance the production of single-family homes to revitalize communities and build household wealth among historically oppressed groups
- Works on a number of cross division initiatives to strengthen the Department’s execution of core mission efforts.
Director, Rental Lending
Maryland Department of Housing and Community Development, Inc.
03.2014 - 03.2022
- Oversaw the financing and construction administration of the Agency’s multifamily affordable housing production encompassing Tax-Exempt Bond financed and LIHTC projects.
- Typical annual production 40 projects, 4,000 units, and $1Bn in total project costs.
Housing Development Officer
Maryland Department of Housing and Community Development, Inc.
06.2013 - 03.2014
- Contracted to evaluate, underwrite, and close affordable housing projects and to provide organizational development advice.
Sr. Project Manager
Montgomery Housing Partnership, Inc.
01.2011 - 05.2013
- Underwrote and closed affordable housing development projects focusing on multifamily renovation.
- Projects ranged from 15 units to 125 units totaling approximately $25MM in development uses.
Housing Development Officer
Maryland Department of Housing and Community Development, Inc.
09.2009 - 12.2010
- Underwrote and closed affordable housing development projects including both new construction and occupied renovation.
- Projects have included a broad range of public and private financing sources.
- Assisted program design and development efforts.
Development Director
Homes for America, Inc.
07.2007 - 02.2009
- Managed affordable housing development projects including both new construction and occupied renovation.
- His team closed three projects with combined development costs of $35MM.
Director, Albany Program Office
Enterprise Community Partners, Inc. (formerly The Enterprise Foundation)
01.2004 - 01.2007
- Initiated a wide range of lending, investment, and program development efforts in the Eastern Region of Upstate NY involving vacant properties, Low-Income Housing Tax Credits, and both not-for-profit and for-profit developers.
- During this period 106 units of new construction or vacant, gut renovated housing were developed and entered into construction.
Sr. Program Director, New York City Regional Office
Enterprise Community Partners, Inc. (formerly The Enterprise Foundation)
01.1999 - 01.2004
- Responsible for work in New Jersey and the NY metropolitan region in affordable housing and economic development as well as not-for-profit organizational capacity building.
Technical Assistance Staff
The Housing & Community Development Network of New Jersey
01.1995 - 01.1998
- Helped design and implement an innovative, statewide initiative to strengthen challenged neighborhoods by combining enhanced, locally-based community planning efforts with affordable housing and economic development projects.
- Delivered extensive technical assistance to Network member organizations.
Executive Director, Northwest Bronx Community & Clergy Coalition
The Northwest Bronx
01.1992 - 01.1994
- Responsible to the board of directors for all fundraising, reporting, and staff supervision on behalf of one of the country’s most productive grassroots community revitalization efforts which in one-quarter of the Bronx’s territory encompassed 10 neighborhoods and 420,000 people.
Founding Executive Director, The Mount Hope Housing Company, Inc.
The Northwest Bronx
01.1987 - 01.1992
- From start-up through 1992, MHHC grew to manage 880 units of affordable housing, developed over $55MM in housing including both gut- and moderately-renovated housing serving low-income and formerly homeless households.
Lead Organizer, The Mount Hope Organization, Inc.
The Northwest Bronx
01.1984 - 01.1987
- Led award winning anti-drug and community revitalization efforts focusing on public safety, affordable housing, and open space issues.
Volunteer
United States Peace Corps
01.1980 - 01.1982
- Taught welding, helped outfit a vocational school and built community projects.
Education
M.S. - Social Research
Hunter College, City University of New York
01.2001
B.A. - Philosophy
Union College
Schenectady, NY01.1979
Regents Diploma -
Oswego Catholic High School
Oswego, NY01.1975
Skills
- Housing finance and affordable housing development
- Project underwriting and program management
- Community revitalization and strategic planning
- Grant writing and stakeholder engagement
- Team leadership and relationship building
- Negotiation and effective communication
- Problem solving and verbal communication
Timeline
Chief of Housing Production
Maryland Department of Housing and Community Development, Inc.
03.2022 - Current
Director, Rental Lending
Maryland Department of Housing and Community Development, Inc.
03.2014 - 03.2022
Housing Development Officer
Maryland Department of Housing and Community Development, Inc.
06.2013 - 03.2014
Sr. Project Manager
Montgomery Housing Partnership, Inc.
01.2011 - 05.2013
Housing Development Officer
Maryland Department of Housing and Community Development, Inc.
09.2009 - 12.2010
Development Director
Homes for America, Inc.
07.2007 - 02.2009
Director, Albany Program Office
Enterprise Community Partners, Inc. (formerly The Enterprise Foundation)
01.2004 - 01.2007
Sr. Program Director, New York City Regional Office
Enterprise Community Partners, Inc. (formerly The Enterprise Foundation)
01.1999 - 01.2004
Technical Assistance Staff
The Housing & Community Development Network of New Jersey
01.1995 - 01.1998
Executive Director, Northwest Bronx Community & Clergy Coalition
The Northwest Bronx
01.1992 - 01.1994
Founding Executive Director, The Mount Hope Housing Company, Inc.
The Northwest Bronx
01.1987 - 01.1992
Lead Organizer, The Mount Hope Organization, Inc.
The Northwest Bronx
01.1984 - 01.1987
Volunteer
United States Peace Corps
01.1980 - 01.1982
M.S. - Social Research
Hunter College, City University of New York
B.A. - Philosophy
Union College
Regents Diploma -
Oswego Catholic High School