McCullough, Monica
Founder/President
MM Development Advisors
Sessions
Financing Projects without Federal LIHTC
11:50 AM - 12:50 PM Wed
Monica brings more than 20 years of experience in mission-driven housing and community development. She has participated in the successful development of more than $400 million in mixed-used, multi-family and single-family residential properties located across New York, Pennsylvania, Indiana and Puerto Rico. Monica began her career in affordable housing development at Providence Housing Development Corporation as a college intern. She returned in 2005 to serve as the non-profit's second Executive Director. During her tenure, Monica successfully managed an 800-unit property portfolio valued at $150 million and was responsible for the development of eight affordable housing projects from concept to completion, including the complex redevelopment of the historic Holy Rosary campus in Rochester's Edgerton neighborhood and the adaptive reuse of a former Kodak parking garage into Paul Wolk Commons, supportive housing for individuals receiving mental health treatment. Monica then served as Senior Vice President of Housing for PathStone Corporation, where she provided executive leadership for the organization's real estate development, housing counseling, and housing rehabilitation services located in New York, Pennsylvania, Indiana and Puerto Rico. Monica was responsible for an annual operating budget in excess of $10 million, a staff of 70, and a $150 million capital development pipeline of more than 15 active projects under development. Monica received her undergraduate degree in economics, cum laude, from the University of Rochester; a Master of Public Administration from the​ Maxwell School of Citizenship and Public Affairs at Syracuse University; and a Juris Doctor, magna cum laude, from the Syracuse University College of Law. She is admitted to practice in the State of New York. Monica has participated in a leadership capacity on the boards of several not-for-profit corporations in the Rochester area. She currently sits on the board of the Community Design Center of Rochester. Monica is an active resident of the City of Rochester who lives in the Highland Park neighborhood. Her past volunteer work includes serving as Board Chair of the South Wedge Planning Committee and Treasurer of the Corn Hill Neighborhood Association.