Management Bios
Jeremy Nowak, PhD, President and Chief Executive Officer
Suzanne Anastasi Aloi, Controller
Ms. Aloi joined TRF in 1998 to maintain TRF’s internal control system, coordinate external audits, and oversee accounts payable, payroll, and grant reporting functions. Ms. Aloi’s 18 years of diverse accounting experience includes 13 years in nonprofit accounting and 4 years as Controller of The Cooper Foundation. She holds an MBA from Rutgers University and a BBA, with a concentration in accounting, from the Wharton School of the University of Pennsylvania.
Margaret Berger Bradley, Chief Operating Officer
As Chief Operating Officer, Ms. Bradley leads various departments and services, including communications, investor relations, capitalization, information technology as well as organization-wide systems and planning. Ms. Bradley previously served as Director of Communications and Investor Development at TRF. She joined TRF in 1998 to manage its workforce initiatives including the development of HR services for TRF's portfolio companies. In prior positions at The Conservation Company and the U.S. Environmental Protection Agency, Ms. Bradley provided management consulting, organizational development, and planning services, as well as organizational change consulting and recruitment campaign management. Ms. Bradley holds an MBA from Yale University and a BA from the University of Virginia.
C. Sean Closkey, President, TRF Development Partners
Mr. Closkey joined TRF in 2004 and is responsible for assisting private developers and public sector clients in their efforts to revitalize neighborhood real estate markets. Mr. Closkey previously served as the Executive Director of the New Jersey Housing and Mortgage Finance Agency. His accomplishments include creating and implementing New Jersey’s $2.5 billion Smart Growth Housing Policy. Prior to leading the NJHMFA, Mr. Closkey was Executive Director of St. Joseph’s Carpenters Society in Camden. He holds a BS in finance from Villanova University and a MA in economics from the University of Texas at Austin.
Michael M. Crist, CPA, Executive Vice President and Chief Financial Officer
Mr. Crist joined TRF in 2001. Mr. Crist leads the finance function of TRF and its affiliates through fiscal oversight, strategic planning, budgeting and financial projections, treasury operations, and financial risk management. He manages TRF’s information technology and office administration needs. Mr. Crist’s 20 years of accounting and operational experience include 10 years in numerous corporate level and line positions at Cendant Mortgage Corporation and as senior manager with PricewaterhouseCoopers. He holds a BS in accounting from the University of Delaware.
Peggy Downs, Manager, Credit Administration
Ms. Downs is responsible for the overall administration of the TRF loan portfolio for the life cycle of a loan from origination through payoff. The group's duties include the boarding of new loans in the servicing system; post-closing follow-up; customer service; billing and collection; borrower/loan inquiries such as draw requests, assumption, modification, waiver, consent, and extension requests; property/collateral monitoring; borrower compliance oversight; reserve account management and payoff/satisfaction obligations. Ms. Downs joined TRF in 2007. She previously worked with Capmark Finance, Inc. (f/k/a GMAC Commercial Mortgage) in the corporate lending administration, capital markets and servicing areas of the company. She has a BA in Education from
Lori Michelle Glass, Director, Washington, DC and Government Relations
Ms. Glass joined TRF in 2003 and manages business development activities in the Washington, DC area as well as key relationships with public officials and governmental agencies. Ms. Glass brings several years of community development banking experience to TRF. As an assistant vice president at JP Morgan Chase, she was involved in community development lending and government relations. Prior to joining TRF, Ms. Glass worked as a financial analyst for the CDFI Fund. Ms. Glass holds a BBA in marketing from Pace University and an MBA in finance from Atlanta University.
Ira Goldstein, Ph.D., Director, Policy Solutions
Mr. Goldstein joined TRF in 1999 and as Director of Policy Solutions leads all research on economic development issues related to TRF’s organizational goals and mission. Prior to joining TRF, Mr. Goldstein served as the director of fair housing and equal opportunity for the Mid-Atlantic region at the U.S. Department of Housing and Urban Development. He also teaches a quantitative research methods course for the Urban Studies Program at the University of Pennsylvania. Mr. Goldstein currently serves on the Consumer Advisory Council of the Federal Reserve Board, the Research Advisory Board of the Center for Responsible Lending and the Governor of Pennsylvania's Housing Advisory Committee. He holds a PhD, MA, and BA in sociology from Temple University.
Donald R. Hinkle-Brown, President, Community Investment and Capital Markets
Mr. Hinkle-Brown joined TRF in 1991. Presently, Mr. Hinkle-Brown is responsible for TRF’s lending and investing, including oversight of charter school, housing, commercial real estate, business and energy lenders, management of the NMTC program, real estate development and all related capitalization. Before joining TRF, Mr. Hinkle-Brown worked in the local banking industry in real estate finance. He holds an MBA from Temple University in real estate and urban planning as well as a BA in economics.
Maggie McCullough, Director, PolicyMap
Ms. McCullough is Director of PolicyMap, an online data analysis and mapping service of TRF. She leads the team that is developing and launching PolicyMap to offer a data-rich and accessible way to analyze data from a variety of public and private sources. Ms. McCullough's previous responsibilities at TRF included the coordination and production of a wide range of research studies related to housing, workforce and economic development. Ms. McCullough has more than ten years experience researching public policy matters and implementing programs in the public and private sector. She holds a Master's Degree in Governmental Administration from the University of PA and a Bachelor's Degree in economics and political science from St Joseph's University.
Patricia Muraresku, SPHR, Director, Human Resource Services
Ms. Muraresku joined TRF in 1998. Ms. Muraresku directs TRF’s human resource department and delivers human resource services and products to TRF portfolio companies. She employs effective human resource strategies to help businesses be more successful and create opportunities for low income employees. Prior to joining TRF, Ms. Muraresku had ten years of experience as the accounting supervisor and benefits coordinator for a privately owned common carrier in the transportation industry. Ms. Muraresku holds a certificate in professional human resource management from Villanova University and BA in human performance management from Immaculata University.
Barry Porozni, Chief Information Officer
Barry Porozni joined TRF in 2010 as its Chief Information Officer. His is responsible for managing TRF’s day-to-day and growing information and technological needs. Mr. Porozni brings over 25 years of information technology experience, ranging from application development to consulting. Most recently, Mr. Porozni worked with Fiberlink for 13 years, as it grew from 7 to 250 employees, first as Vice President of Operations and then as Chief Technology Officer. Mr. Porozni is a graduate of the University of Alberta Computer Science program.
Robert G. Sanders, Managing Director, Energy Finance
Mr. Sanders joined TRF in 1998. He is Fund Manager for the Sustainable Development Fund, a $32 million fund created by the Pennsylvania PUC to promote renewable energy and energy efficiency. Mr. Sanders also works to identify market opportunities that integrate an energy and environmental approach within TRF’s business lines. He has over twenty years of community development banking experience with CoreStates Bank and with community development intermediaries in Philadelphia, PA, Berkeley, CA, and Madison, WI. Mr. Sanders holds an MCP from the University of California at Berkeley and a BA from Stanford University.
Patricia L. Smith, Director of Special Initiatives
Ms. Smith joined TRF in 2005 and is responsible for coordinating targeted initiatives involving two or more lines of business. Prior to TRF, Ms. Smith directed the City of Philadelphia’s Neighborhood Transformation Initiative (NTI), a $295 million redevelopment bond program she designed to address decades of urban blight and stimulate new investment in Philadelphia neighborhoods. Ms. Smith’s career spans the foundation, government and nonprofit sectors and includes public policy advocacy, program development, strategic planning, and housing bond financing. Ms. Smith currently serves on the board of directors of the Urban League of Philadelphia. In 2002, she was awarded a Fannie Mae Fellowship to attend the John F. Kennedy School’s Senior Executives in State and Local Government Program at Harvard University. Ms. Smith holds a BA from Mount Holyoke College and JD from George Washington University Law Center.
Sara Vernon Sterman, Executive Vice President, Community Investment and Capital Markets
Ms. Sterman joined TRF in 1999. In addition to leading the program design and implementation of lending products for a portfolio of nonprofit educational institutions and social service organizations, Ms. Sterman is also responsible for TRF's supermarket financing activity. Prior to joining TRF, Ms. Sterman taught elementary school in New York City and Washington, D.C., with the Teach For America program, and was a program director for Teach For America in eastern North Carolina. Ms. Sterman holds an MSW from the School of Social Work and an MBA from the Wharton School of the University of Pennsylvania.
Nancy Wagner-Hislip, Executive Vice President, Community Investment and Capital Markets
A key partner in Hinkle-Brown’s lending team is Nancy Wagner-Hislip who leads all housing lending, commercial real estate lending and oversees energy financing. Ms. Wagner-Hislip joined TRF in 1998 as a senior loan officer and became Managing Director of the Affordable Housing Group in 2003. She brings more than 10 years of community development finance experience to TRF. Prior to joining TRF, Ms. Wagner-Hislip served as community development lender at CoreStates Bank, where she underwrote construction and permanent loans as well as the bank’s low-income housing tax credit investments. She holds a bachelor’s degree in public policy and economics from the University of Pennsylvania.