Kevin P. Kelly

Kevin P. Kelly is the President of Leon N. Weiner & Associates, Inc. The Weiner organization and its affiliated companies have planned and built more than 4,500 homes, developed and constructed 10,500 apartments as well as hotels, office and retail facilities. The company, through its subsidiary Arbor Management, LLC, owns and manages 4,500 apartments in nine Mid-Atlantic, Ohio Valley and New England States.

As a frequent housing industry spokesperson and advocate, Mr. Kelly has testified before committees and subcommittees of the U. S. Senate, U. S. House of Representatives and Delaware General Assembly on affordable housing production, finance and growth management. He has also been a speaker at numerous forums, task forces, panels and study groups examining issues of land use, growth, affordable housing and urban redevelopment. In his home state, he has actively participated in the formulation and development of public policy as it affects these matters and is currently a member of the Delaware Housing Roundtable.

Mr. Kelly is currently serving a seventh term as a member of the Executive Committee of the National Association of Home Builders (NAHB). In addition, he is a member of its Multifamily Leadership Board, Convention Committee and Association Planning Committee. He is immediate past chair of both NAHB's Federal Government Affairs Committee and Association Planning Committee, and previously chaired its Multifamily Council. Mr. Kelly was elected a Life Director of NAHB in 2003.

Mr. Kelly is also involved in a number of other homebuilding and housing-related organizations. Currently he is serving his fourth term on the Board of Governors of the National Housing Conference (NHC). He served two terms as President of the Home Builders Association of Delaware (HBA/DE), was named Builder of the Year in 1998 and was elected a Life Director in 2000.

Mr. Kelly has chaired the Delaware Business Group and participated in advisory groups for the Delaware State Housing Authority (DSHA), the Maryland Department of Housing and Community Development (MDHCD) and the Pennsylvania Housing Finance Agency (PHFA). He has also participated in the Delaware Public Policy Institute Task Force on Growth, Governor's Housing Conference, New Castle County Comprehensive Plan Advisory Committee, Citizens' Advisory Board to the Governor's Cabinet Committee on State Planning, Philadelphia Commission on the Homeless and the Livable Delaware Committee on affordable housing issues.

Currently, Mr. Kelly serves as president of the Leon N. Weiner Education Foundation, a 501(C)(3) non-profit organization dedicated to enhancing educational opportunities to children residing in affordable housing communities.

Mr. Kelly is a past director of Independent Living, Inc. and CareLink, Inc., community-based organizations serving the physically and mentally challenged. Mr. Kelly has served as a pro bono planning and development consultant to Sojourners' Place, Inc., a homeless shelter provider in Wilmington, Delaware. In addition to these community involvements, Mr. Kelly has also been involved in the organization and operations of one of Delaware's largest youth soccer organizations.

Mr. Kelly holds a B.A. in Political Science from St. Anselm College and an M.P.A. from Suffolk University.

Mr. Kelly and his wife reside in Hockessin, Delaware and are the proud parents of two sons.

David W. Curtis

Dave Curtis is the Executive Vice President of Leon N. Weiner & Associates, Inc.

Mr. Curtis currently serves on the Board of Directors of the Federal Home Loan Bank of Pittsburgh. He was appointed to the Board initially in 1996 and served as Chairman from 1999-2001.

Mr. Curtis is currently the Co-Chairman of the Mortgage Roundtable, a blue ribbon panel of 50 leaders from the housing finance industry. He is also a member and past Chairman of the National Association of Homebuilders' Housing Finance Committee. Mr. Curtis is a frequent participant in Congressional and Senate hearings concerning housing finance.

Mr. Curtis holds a Master of Arts Degree from the University of Delaware's College of Urban Affairs where he was a Graduate Fellow. He resides in Greenville, Delaware with his wife Donna.

William DeMarco

William DeMarco is a Vice President and the Director of Residential Management for Arbor Management, LLC (Arbor), an affiliate of LNW&AI.

Prior to the formation of Arbor, Mr. DeMarco was the Director of Residential Management for North Delaware Realty Company, a division of LNW&AI.

Mr. DeMarco joined the Company in 1986 and has overseen the growth of its portfolio from 25 properties to 40 properties prior to the formation of Arbor, which currently manages over 40 properties in 7 states.

Mr. DeMarco's experience includes working at HUD for six years in the Multifamily Asset Management Division as well as a number of years experience with banking and mortgage lending.

Mr. DeMarco is a member of the Institute of Real Estate Management (IREM) and has earned the Institute's highest honor, the Certified Property Manager designation. He is also a member of the National Association of Homebuilders and The National Assisted Housing Management Association. Mr. DeMarco holds a Bachelor of Business degree from the Pennsylvania State University.

Monica Morris

Monica Morris began her career in property management with Leon N. Weiner & Associates, Inc. in January 1983 as an Assistant Property Manager and moved to a Property Manager position within the same year. In 1987, she was promoted to Regional Manager with supervisory responsibilities that included a territory of several apartment communities.

Arbor Management, LLC, a division of Leon N. Weiner & Associates, Inc., was formed in 1998. During the growth of the company and creation of Arbor Management, Monica was promoted to Vice President of Leon N. Weiner and Associates, Inc. and has the role of Associate Director of Property Management for Arbor Management, LLC.

Monica is responsible for assisting in the management and oversight of the housing management division of Arbor, which currently manages apartment communities in seven states. She is committed to strengthening the knowledge of property management and of the Section 8 and Low Income Housing Tax Credit programs for the on-site staff.

With over thirty years experience in the industry, Monica has completed numerous property management courses sponsored through organizations such as IREM, AHMA, NAHRO and NAHB. She has earned the designation of Resident Apartment Manager (RAM), Certified Occupancy Specialist (COS) and Certified Credit Compliance Professional (C3P). She is a member of the National Association of Home Builders and the National Assisted Housing Management Association.

Thomas J. Perkins

Thomas J. Perkins is the CFO and a Vice President of Leon N. Weiner & Associates, Inc.

Before joining LNW&AI and Arbor, Mr. Perkins was an officer and shareholder in Halbert, Katz & Co., P.C., a Certified Public Accounting firm located in Philadelphia, PA. In that capacity, Mr. Perkins worked predominately with affordable housing, construction and non-profit entities. Mr. Perkins joined the company in March 1998, and assumed the responsibility of overseeing the Accounting, Human Resources/Payroll and Management Information Systems departments.

Mr. Perkins is a member of the American Institute of Certified Public Accountants and the Pennsylvania Institute of Certified Public Accountants. Mr. Perkins holds a Bachelor of Science degree in Public Accounting from the State University of New York at Albany, and is an active member in his local church.

Mr. Perkins, his wife, and daughter reside in Villanova, PA.