Daniel A. Nissenbaum, President & CEO
Daniel A. Nissenbaum is the President and Chief Executive Officer of the Low Income Investment Fund (LIIF). LIIF is a Community Development Financial Institution (CDFI) that has invested $2.2 billion in community projects. LIIF’s investments have leveraged $10.8 billion in private capital for poor communities in 31 states across the U.S. and generated $57 billion in benefits for families and society.
Established more than 30 years ago, LIIF has served more than two million low income people by providing capital for 74,000 affordable homes for families and children, 269,000 spaces of child care and 92,000 spaces in schools. LIIF targets the poorest of the poor and builds bridges out of poverty for low income people and their communities. LIIF is a national CDFI with staff and offices in San Francisco, Los Angeles, New York City, Washington, D.C. and Atlanta.
Prior to LIIF, Mr. Nissenbaum was a Managing Director at Goldman Sachs, where he oversaw Community Reinvestment Act compliance for the firm’s Urban Investment Group and capital investment for the 10,000 Small Businesses program. Previously, he has also held real estate and community development finance positions at Chemical Bank, Chase Manhattan Bank Community Development Corporation (CDC), JPMorgan CDC and HSBC Bank. In addition, Mr. Nissenbaum served as an Investment Officer with the Merrill Lynch Community Development Company, where he was actively involved in debt financings, including construction lending, revolving credit facilities and other community development financings to for-profit and non-profit intermediaries.
He holds positions on several boards including the Community Restoration Corporation. Mr. Nissenbaum was Chairman of the Board of Governors and a Trustee for the National Housing Conference and served as a Member of the Advisory Boards of UV Partners, Center for Housing Policy, The Center for NYC Neighborhoods and the Bill T. Jones/Arnie Zane Dance Foundation.
Mr. Nissenbaum earned a Bachelor's Degree from Grinnell College and a Masters of Business Administration from Columbia Business School.
Patricia GoPaul, General Counsel
In her role as LIIF’s General Counsel, Ms. GoPaul oversees the organization’s legal matters, enterprise risk and compliance. Prior to LIIF, she was the General Counsel and Chief Compliance Officer at Impact Community Capital. Ms. GoPaul’s experience in the community development and real estate sectors includes legal consulting roles at the Northern California Community Loan Fund (NCCLF), PMI and Wells Fargo Bank. She has also previously worked as a real estate finance attorney at prominent international law firms and held positions with the Lawyers Alliance for New York and the New York City Economic Development Corporation. Ms. GoPaul is currently a member of the California Organized Investment Network Advisory Board, NCCLF’s Board of Directors, NCCLF’s Loan Committee and State Farm Bank’s CRA Advisory Council.
Kimberly Latimer-Nelligan, Chief Operating Officer & Executive Vice President, Community Investment Programs
Ms. Latimer-Nelligan is LIIF’s COO & EVP, and is responsible for oversight of LIIF’s Community Investment Programs (CIP) which includes management of LIIF’s national Revolving Loan Fund, the New Markets Tax Credit business, programmatic activity and the risk and asset management functions. Under Ms. Latimer-Nelligan’s leadership LIIF has launched its Fresh Foods, Community Health Collaborative and Health & Housing Innovation initiatives and opened lending offices in Washington D.C. and Atlanta. LIIF currently has approximately $1 billion of capital under management and deploys over $250 million of capital annually. Ms. Latimer-Nelligan’s background in community development is extensive. Before joining LIIF in July 2008, she was with Citibank for over 20 years. Most recently, Ms. Latimer-Nelligan served as the Managing Director of National Lending and Investments, overseeing a $3 billion business within Citibank Community Development. During Ms. Latimer-Nelligan’s tenure at Citibank, Citi’s national lending, structured finance and equity investments for community development were consolidated under her leadership. In addition, she successfully established Citi’s charter school lending program. Ms. Latimer-Nelligan serves as the Board Chair of the Community Reinvestment Fund. She also serves on the Boards of Raza Development Fund and the National Affordable Housing Trust. She received her B.A. from Hobart and William Smith Colleges and her M.B.A. from Columbia University.
Brian Prater, Executive Vice President, Strategy, Development & Public Affairs
Mr. Prater oversees LIIF’s federal policy shop, national fundraising, communications, knowledge sharing, transit-oriented development (TOD) and innovation functions. Previously, he led LIIF’s lending and program work in the Western Region, overseeing the San Francisco and Los Angeles offices, including all transactional work, TOD and green programs and state and regional policy. LIIF is partnering with Enterprise Community Partners to advance equitable TOD nationally, including program, planning, policy and transactional work. In March of 2013, Living Cities released a paper, “Filling the Equitable TOD Financing Gap,” co-authored by Mr. Prater and Melinda Pollack from Enterprise.
Prior to joining LIIF in 2008, Mr. Prater was a Senior Vice President and Team Leader in Community Development Banking with Bank of America in San Francisco and was responsible for the Northern California and Nevada markets. He also spent seven years with the Local Initiatives Support Corporation and three years with the New York City Housing Authority. Mr. Prater has Master’s degrees from Columbia University (School of International and Public Affairs) and Syracuse University (S. I. Newhouse School), and a Bachelor’s degree from Illinois State University.
Kathy Rock, Chief Financial Officer and Chief Administrative Officer
As CFO and CAO, Ms. Kathy Rock is responsible for the strategic leadership of LIIF's financial wellbeing. She oversees the organization's capital raising activities, treasury management and all administrative operations. Ms. Rock works closely with LIIF's Board of Directors on all financial planning, as well as operational infrastructure issues.
Most recently, Ms. Rock was the Chief Financial & Risk Officer at the Calvert Foundation and a Senior Financial Advisor for Kiva.org. Her previous experience includes positions as CFO of Mercy Housing, CFO and SVP, Loss Mitigation, for Genworth Europe and Canada, and the Controller for the Federal Housing Administration (FHA) of the U.S. Department of Housing and Urban Development during the Clinton Administration.