Bonita M. Bair
Cell Phone - 614-***-****
Email **************@*****.***
ABILITIES:
. Hard working with the ability to adapt to new
situations quickly.
. Confidence in ability to do any task required.
. Excellent communication skills.
. Board Membership with OHFA Advisory Council. Assigned
to multiple sub-committees.
. Annual panelist speaker from many Affordable Housing
Organizations.
. Train Management Agents & General Partners in areas of
Affordable Housing.
. Proficient in Word, Access, Powerpoint, Outlook, &
Excel Software.
. Served as a council member for Village of Thornville.
EXPERIENCE: Gorsuch Management/Fairfield Homes, Lancaster, Ohio
Regional Director 2012 to Present
. Responsible for overseeing staff and assets for 22
Affordable Housing properties located through the
Southeastern portion of Ohio.
. Responsible for all of the Commercial Properties owned by
the company.
. Marketing to ensure lease-up on a timely manner to ensure
tax credit delivery.
. Compliance overview of Compliance Documents to ensure
accuracy.
. Monitored the budget and monthly financials to ensure
accuracy and collection of rents received.
. Trained staff to manage effectively and efficiently.
. Created Strategic Plans for each property and evaluated
CNA's for each location.
BMB & Associates, Inc., Granville, Ohio
President 2004 to Present
. Started my own business that conducts multiple aspects of
affordable housing.
. Marketing to ensure lease-up on a timely manner to ensure
tax credit delivery.
. Compliance overview of tenant files to ensure accuracy.
. Build databases for companies that are in the process of
electronically organizing their companies.
. Conduct preapproval of files and also audits of current &
retroactive files.
. Repair 8823's and establish new relationships with state
agencies.
Paramount Financial Group, Granville, Ohio
Director of Compliance 2003 to 2004
. Originally worked for the management agent of Paramount to
correct 80 of their 8823's and repair relationships with
state agencies.
. Oversaw a staff of 3 to preapprove all tenant files for 68
properties.
. Promoted to Director of all compliance for the company.
. Oversaw a staff of 12, conducting multiple task of
compliance, from 3rd party resource, Management compliance
and Limited Partner compliance.
. Responsible for reviewing the economically viability of our
3rd party entity and incorporating a system for monitoring
over 38,000 files coming through our office each year.
. Created a incentive bonus system to allow maximum
productivity.
Fifth Third Community Development Corporation, Columbus,
Ohio
Compliance Manager 2000 to 2003
. Analyze the impact of regulatory changes on investments and
managing the timely implementation of changes; establishing
and managing grading systems to measure potential risk to
the bank's return on direct and fund investments.
. Negotiate contracts with and managing the independent
compliance consultants which conduct compliance audits of
the CDC investments.
. Manage on-site compliance audits and inspections to measure
the effectiveness of systems and controls for maintaining
compliance.
. Advise investment partners in preparation of federal and
state documents for allocation and preservation of tax
credits.
. Establish and manage a compliance database of owner
information and project compliance status for internal use
and reporting to federal CRA auditors.
. Manage relationships with IRS officials and state agency
compliance officers for assessment of regulatory
requirements.
. Prepare executive summaries and reports to the Board of
Directors, the status of regulatory compliance for tax
credit investments.
. Facilitate compliance training for tax credit investment
owners and management agents, including preparing budgets,
conducting due diligence audits of training consultant's
activities, and negotiating contracts with trainers.
. Participate on national forums and boards to obtain expert
opinions concerning regulatory changes and standards for
implementation.
. Analyze new investments proposals for identification of
compliance issues and the level of tax credit experience of
the owner and management agent.
. Prepare site inspection reports and compliance grading
summary analysis of tax credit investments for inclusion in
project files and reporting to upper management.
Banc One Community Development Corporation, Columbus, Ohio
Compliance Coordinator 1999 to 2000
. Review & analyze the impact of IRS Section 42 regulatory
changes.
. Establish and manage grading system for measuring the
compliance status.
. Manage compliance monitoring process of independent
contractors.
. Manage on-site compliance audits & inspections.
. Review tenant eligibility and rent documents.
. Due diligence on Management companies and contracts.
. Analyze annual reporting from partnerships to the IRS &
State Agencies.
. Advise investment partners in preparation of federal & state
documents.
. Establish & maintain a compliance database accessible to
investment officers.
. Develop & manage a relationship with IRS officials & state
agency officers.
. Prepare quarterly executive summaries for presentation to
the Board.
. Manage Section 42 compliance training for owners and
managers.
. Analyze new investments proposals for compliance issues.
L.E.A.D.S. Property Management & Development, Newark, Ohio
Housing Coordinator 1996 to 1999
. Provide supervision & support to 6 on-site managers.
. Provide monthly staff training in all areas of management.
. Prepare monthly newsletters for each property.
. Train all new staff personnel.
. Prepare monthly & quarterly reports to all monitoring
agencies.
. Prepare & submit project worksheets for subsidy
reimbursements.
. Review all certifications & files for management &
compliance eligibility.
. Process of selecting & converting property management &
accounting software.
. Handle all A/R, A/P and monthly financial statements for all
properties.
. Handle all attorney correspondence as it relates to property
management.
. Contracted with L&W Associates, as a consultant for all new
construction.
. Contracted with Ohio Capital Corporation, as a consultant in
Housing Mgmt. Training.
. Assist in the development of property management form &
documents.
. Maintain relationship with state & local agencies.
A&M Software, Inc., (Currently Real Page, Inc.) Williston,
Vermont
Technical Support Technician 1994 to 1996
. Support accounting & affordable housing software.
. Troubleshoot & solve payable, receivable, and ledger
problems.
. Troubleshoot & solve computer system problems.
. Senior Technician in Rent Manager department.
. Consistently answer a majority of the rent calls.
. Managed a number of customers who were dependent on my
abilities.
. Work closely with the Senior FmHA software technicians to
test all modules.
. Several of my Areas of Concern's have resulted in a change
included in newer versions of the program.
. Assigned to several large management companies with special
needs.
Shurtz Management, Inc., Granville, Ohio
Accounting Assistant/Subsidy Coordinator 1990 to 1994
. Accounts Receivable & Accounts Payable.
. Financial Statements for 25 projects.
. HUD processing for Subsidy payments.
. Involved in the conversion of software and rebuilding the
financial statements for the prior year.
. Organized quarterly meetings for property managers.
. Compiled property manager handbooks.
. Prepared letters and documents for tenants.
. Compiled annual graphs and testing for utility
reimbursement.
. Maintained correspondence between SMI and local HUD offices.
Personal & Professional references: upon request.
EDUCATION: Franklin University; Columbus, Ohio
Business Management & Marketing. Routinely on President's
List.
Columbus State Community College; Columbus, Ohio
Junior year transferred to Franklin University.
Maintained a 3.5% GPA.
Bishop Watterson High School; Columbus, Ohio
College prep school, graduated 1983.
NAHMA Cerification; Williston, Vermont
Certified by NAHMA council.
HCCP Certification; Chicago, Illinois
Became one of the first in the nation to receive this
designation.
National Compliance Professional, Executive; Orlando,
Florida
Executive designation.
National Center for Housing Management; Cincinnati,
Ohio
Certified Occupancy Specialist.
STAR Spectrum FmHA; Portland, Maine
Certified FmHA/RD Specialist.
STAR Spectrum Tax Credit, CP5; Columbus, Ohio
Certified Credit Compliance Specialist.
HONDROS; Columbus, Ohio
Current Licensed Real Estate Agent in the state of
Ohio.