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Staff
Mr. Espley-Jones served as the Chief Financial Officer of Kaufman & Broad Multi-Housing Group, Inc. (now Simpson Housing Solutions, LLC), one of America's leading partners in the investment and development of affordable multifamily and senior rental communities financed primarily with LIHTC’s from 1999 to 2000. Prior to joining Kaufman and Broad Multi-Housing Group, Mr. Espley-Jones was a principal, Executive Vice President and Chief Financial Officer of ARV Assisted Living, Inc and their affiliated companies (“ARV”). ARV’s affordable housing division developed and managed twenty two affordable apartment communities comprising approximately 2,500 units, the majority of which were financed with LIHTC’s. ARV’s assisted living division developed and/or acquired over sixty assisted living communities comprising approximately 7,000 assisted living units. Mr. Espley-Jones currently serves as the managing member of BonGate, LLC, the majority shareholder of Cooper Colony Affordable Housing, Inc., the General Partner and Developer of a 135-unit LIHTC financed senior community located in Anaheim, California. Prior to joining WCH in 2002, Mr. Espley-Jones served as the Chief Financial and Administrative Officer of the Meyers Group, a real estate information and consulting company specializing in the housing industry. Mr. Espley-Jones began his career holding positions in the commercial real estate lending divisions of First California Savings Bank and CA Financial. He is a member of Southern California Association of Non-Profit Housing, the California Housing Consortium, the California Council for Affordable Housing, the Orange County Senior Housing Association and the Orange County Building Industry Association. He has served on a number of Boards, including Kisco Retirement Communities, the American Senior Housing Association, the National Multi-Housing Council, and the Seniors Housing Political Action Committee. He was a licensed principal with the National Association of Securities Dealers for five years. Leanne
Truofreh - Corporate Secretary and Treasurer Ms. Truofreh began her career in the accounting department at ARV Assisted Living, Inc. (“ARV”) in accounts payable and cash management for ARV’s senior and affordable communities. She was promoted to Construction Loan Draw Specialist, working with various lenders and title companies on new communities in development and was responsible for coordinating with ARV’s development, construction and accounting departments the timely processing of loan draws. Prior to joining WCH, Ms. Truofreh worked for Simpson Housing Solutions, LLC as a Loan Draw Specialist. Her responsibilities included preparing loan draws for affordable tax-credit communities under construction. This consisted of tracking budgets, sources and uses, loan balances of both conventional loans and tax exempt bonds for these projects. She also coordinated and assisted the auditors with completing the Final Cost Certifications and 10% tests required for Tax Credit Compliance. As Corporate Secretary, Ms. Truofreh’s responsibilities include maintaining the records of both WCH and its partnerships that own affordable housing communities. Sandra
Gibbons – Vice President, Finance and Tax Credits She began her accounting career at a CPA firm preparing tax returns for individuals, corporations and partnerships. She joined ARV Assisted Living, Inc. (“ARV”) in 1993 where she served in several capacities in ARV’s tax credit division including Partnership Controller. Most recently, she served as ARV’s Director of Tax Credits where she supervised a staff of five. Her responsibilities included all aspects of financial reporting for ARV’s affordable housing division that developed and managed twenty two affordable apartment communities comprising approximately 2,500 units, the majority of which were financed with LIHTC’s. Ms. Gibbons was also responsible for the annual audit and tax returns for these communities. Ms. Gibbons also served as Partnership Controller of Simpson Housing Solutions, LLC (formerly Kaufman & Broad Multi-Housing Group, Inc.) in Long Beach, CA from 1999 to 2003. Ms. Gibbon’s department was responsible for the accounting of up to two hundred (200) LIHTC partnerships from predevelopment to operations. Her responsibilities included the annual audits and tax returns for these LITHC partnerships and insuring compliance with lender and investor agreements. As Vice President, Finance and Tax Credits, Ms. Gibbons has responsibility for WCH’s financial reporting and serves as WCH’s technical specialist on LIHTC issues. David
Connelly - Vice President, Asset Management Mr. Connelly’s career has primarily been in the banking, housing and commercial real estate industries. He began his career at Chase Manhattan Bank where he rose to the level of Vice President, Commercial Lending by 1978. He joined Union Bank in 1979 to be head of Commercial Lending for one of their largest Regions. He left Commercial Banking to join a Real Estate Syndicator where he was responsible for the purchase and management of over $200 million in multi-family & commercial properties. Subsequently he became a Real Estate Advisor to the Savings & Loan Industry and the Federal Asset Disposition Association. His responsibilities included overseeing the construction, property management and disposal of over $350 million of commercial real estate. A significant portion of these assets targeted the low income multi-family and first time homebuyer markets. Prior to joining WCH, Mr. Connelly owned and managed a privately held company in the hospitality industry Mr. Connelly brings a wealth of knowledge and experience to WCH in support of their mission to meet the needs of the affordable housing community. As Vice President, Asset Management, Mr. Connelly’s responsibilities include physical site inspections of WCH affordable communities to ensure that the property meets applicable regulatory requirements.
Paddy Espley-Jones – Assistant Asset Manager
Ms. Espley-Jones joined WCH in 2007 as an Asset Manager. She began her career in the affordable housing industry in 1992 serving as a volunteer for the National Charity League where she assisted non-profits organizations providing supporting services to the affordable housing industry including Families Forward, the Orange County Interfaith Shelter and Meals on Wheels. She has an undergraduate degree in Liberal Arts from Pepperdine University.
Ms. Espley-Jones has served as Vice President of Cooper Colony Affordable Housing, Inc. the developer of an affordable senior housing community located in Anaheim California. As an Asset Manager, Ms. Espley-Jones will be responsible for overseeing the operations of affordable communities owned by WCH. G. Scott Gayner – Development Manager Mr. Gayner joined WCH in 2007 as Development Manager. He began his career in the affordable housing industry in 1992 and brings a broad base of experience to the WCH team. He has an undergraduate degree in Economics from UCLA and an MBA from Chapman University. Mr. Gayner served as Vice President and Partner of ARV Affordable Housing, Inc. from 1992 to 1996, focusing on large family and senior affordable housing projects. After completing Woodpark Apartments, one of the largest new construction family tax credit projects in Orange County, he formed Woodpark Development Company. His expertise includes commercial land acquisition and development, industrial projects, rural affordable housing and acquisition/rehab of affordable housing. As Development Manager, Mr Gayner is responsible for land acquisition and tax credit analysis, and development of affordable housing communities.
Dianne
Russell – Director of Resident Services Prior to joining WCH, Ms. Russell served as Director of Resident Services at Jamboree Housing Corporation. While at Jamboree she launched “Housing With Heart” a separate nonprofit organization created to assess the needs of Jamboree residents and provide on-site services and programs. Before joining JHC in 1999, Ms. Russell was Executive Director of Women Helping Women, a community-based nonprofit organization. She worked for YWCA of South Orange County as Director of the Hotel for Homeless Women and the Orange County Homeless Issues Task Force as Coordinator of the Countywide Approach to Homelessness. She is also a board member of the Kennedy Commission, as well as a member of the Costa Mesa Housing Coalition. As Director of Resident Services, Ms. Russell is responsible for operating and expanding the various on-site social service, activity and referral programs for residents living in the WCH affordable communities. Barbie
Defeo – Office Administrator As an Office Administrator, Ms. Defeo supports Ms. Truofreh in updating and maintaining the books andrecords of both WCH and its affordable housing partnerships. In addition, she manages the day-to-day operations of WCH’s corporate office in Costa Mesa, California. |
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