Board of Directors

Tim Palmer, President
Co-Founder and Managing Director, Charlesbank Capital Partners, LLC

Prior to co-founding Charlesbank in 1998, Tim was a managing director of Harvard Private Capital Group, the firm's predecessor. He joined Harvard Private Capital in 1990. Previously, Tim was with The Field Corporation, a private equity firm based in Chicago, where he was responsible for private investments in the media and communications industries. Before that, he practiced law for several years with Sidley & Austin, Chicago, primarily in the areas of corporate finance and mergers and acquisitions.

Tim serves on the boards of CIFC, Peacock Engineering, Princeton Review and TLC Vision. He holds a bachelor's degree from Purdue University, a JD from the University of Virginia and an MBA from the University of Chicago.

A native of St. Louis, Tim and his wife live in Weston, MA, and have three children.

Jared Holbrook Ward, Treasurer
Senior Vice President, Eastern Bank

Jared has been in the Commercial Banking business since graduating from Harvard College in 1978. Upon entering the field his father (also a banker) remarked that his second son "showed a singular lack of imagination." Oh well.

In his 30 years in banking, Jared eventually gained some imagination by moving to Brazil in 1982, and by working in a variety of financing capacities, including international banking, and US commercial real estate.

Interspersed with these lending activities, was a decade of corporate insolvency work, both in the US and worldwide. In particular, he spent almost 3 years (2002-2004) helping to wind down Fleet Bank's operations in Argentina. This project required all the imagination he possessed!

Jared currently assists small businesses and non-profits in the Boston area as the Senior Vice President at Eastern Bank, and previously did similar work as a Client Manager with Bank of America. Think George Bailey and It's a Wonderful Life in the digital age. Thankfully, Jared's clients provide all the imagination required for this exercise.

Joseph Flatley, Clerk
President and CEO, Massachusetts Housing Investment Corporation

Joe Flatley is President and CEO of the Massachusetts Housing Investment Corporation (MHIC). He has led the organization since it was founded in 1990 as a private non-profit whose mission is to be an innovative financier of affordable housing and community development, with a focus on ensuring that the benefits of that investment flows to the residents and the businesses in the communities in which the projects are located. Over the eighteen year period since its inception, MHIC has invested over $1.2 billion in 300 projects – for the creation of more than 12,500 units of affordable housing. MHIC finances community development projects and has received five allocations of New Markets Tax Credits totalling $364 million.

Prior to MHIC, Joe served for many years in a number of positions in state government advancing affordable housing and community development, including Director of the Massachusetts Housing Partnership, Assistant Secretary for the Massachusetts Executive Office of Communities and Development (EOCD), and Chief Planner with the Office of State Planning.

Joe serves on a number of national and local boards. A few notable examples include the National Association of Affordable Housing Lenders, the New Markets Tax Credit Coalition, the National Housing Conference, and Citizens Housing and Planning Association. He is a native of Chicago, and is a graduate of MIT and Harvard University, where he earned degrees in city planning.

Reese Fayde
Principal, Reese Fayde and Associates

Reese Fayde is the founder of Reese Fayde & Associates, a management consulting firm in New York City that provides technical assistance to community-based non-profit organizations in the development and operation of low and moderate income housing.

A housing expert with more than 25 years of experience, she most recently served as the first CEO of Living Cities in New York, a partnership of leading foundations, financial institutions and the federal government that is committed to improving the vitality of cities and urban neighborhoods.

Her long background in community development includes positions with Urban Strategies, Ltd., the Massachusetts Housing Finance Agency and Real Estate Enterprises, Inc. She has also lectured at both Harvard and Tufts and provided training seminars nationally.

Ms. Fayde sits on the boards of the Council for HOPE VI and Citizens Housing and Planning Association (CHAPA); she previously served on the boards of the Federal Home Loan Bank of New York, the Massachusetts Government Land Bank and the Lower Roxbury Development Corporation. Ms. Fayde was a Loeb Fellow at Harvard University, has a bachelor's degree from Clark University and a master's degree in planning from Boston College.

Catherine Racer
Associate Director, Department of Housing And Community Development

Kate Racer is an Associate Director of the Massachusetts Department of Housing & Community Development (DHCD). Her primary responsibility is the department's Division of Housing Development, which oversees the allocation of low-income housing tax credits and the distribution of state HOME funds, as well as the distribution of funds through several state housing production programs. The department annually allocates approximately $12 million in tax credits and $12 million in state HOME funds to all four HOME program types.

Kate has served as associate director or acting assistant secretary of the Department for the past thirteen years. Prior to assuming her current position, she was director of the state's affordable homeownership program and special assistant to the Governor's Cabinet Secretary for housing. She currently serves on the boards of the Washington-based Council of State Community Development Agencies (COSDA) and the Boston-based Massachusetts Community Partnership Fund.

A graduate of Carleton College with a master's degree from the University of Chicago, Kate taught middle school and high school for ten years in Chicago and New York before moving to Boston and joining a development company specializing in Section 8 substantial rehabilitation projects. After five years in the private sector, Kate accepted a position at the state agency where she still works.

Amy Anthony
Former President and CEO, Preservation of Affordable Housing

Amy S. Anthony is the former President and Chief Executive Officer of Preservation of Affordable Housing, a nonprofit organization whose mission is to preserve and steward affordable rental housing for low- and moderate-income individuals and families. POAH owns and operates more than 8,000 affordable homes at more than 70 properties in nine states and the District of Columbia.

One of the nation’s foremost experts in housing finance and policy, Amy has been active in the industry for more than 30 years. From 1983 to 1990, she served as Secretary of the Massachusetts Executive Office of Communities and Development, a $600 million Cabinet-level state agency devoted to producing affordable housing and promoting municipal, community, and economic development.

Under her direction, Massachusetts created and implemented innovative, award-winning programs that produced more than 25,000 homes and have served for decades as models for other states. Amy has also played an active role in the development of national housing policy. In 1987, she was named to the National Housing Task Force which produced recommendations that resulted in landmark housing legislation, including the HOME Program.

She served as President of the Council of State Community Affairs Agencies from 1987 to 1990, and as part of President-elect Clinton’s HUD Transition Team in 1992. Amy was a founding member of the Multifamily Housing Institute and has also served on Fannie Mae’s Housing Impact Advisory Council, the Freddie Mac Affordable Housing Advisory Committee and the Boards of: the National Equity Fund, the Metropolitan Boston Housing Partnership, and the Women’s Institute for Housing and Economic Development. She is a former member of the Board of Directors of Homes for America and a current Board Member of Citizens Housing and Planning Association (CHAPA). In 2011, Amy Anthony was inducted into the Affordable Housing Finance magazine Affordable Housing Hall of Fame.

She is a graduate of Smith College.

M. Emre Camlibel, PhD
Co-Founder and Board Member, Re-pie Real Estate Portfolio Management

M. Emre Çamlıbel has 25 years of experience in project management and business development primarily focusing on the real estate sector. He has worked both in the US and Turkey in positions ranging from field engineer to CEO.

M. Emre Çamlıbel is a board member of the Turkish Real Estate Investment Trusts Foundation (GYODER), Turkish Home Builders’ Association (KONUTDER), and Istanbul Constructor’s Association (İNDER).

M. Emre Çamlıbel holds a MS degree in Civil Engineering from the Massachusetts Institute of Technology, and a BS degree in Civil Engineering from the Yildiz Technical University in Istanbul. He has a PhD degree from Istanbul Bogazici University and published articles on the areas of energy efficiency and savings optimisation modelling, energy systems and sustainability, as well as urban transformation structural modelling and financing.

He is a part time professor at Bogazici University Civil Engineering department and a frequent guest lecturer at MIT, Berkeley, UTSA and Columbia University.

He is a founding shareholder and board member of a real estate fund management company and independent board member of several international companies. He worked as the CEO of Soyak Holding before that for 8 years.