Danyel joined the Severn team in June 2008. She has nearly 15 years of prior experience in the affordable housing industry. Previously, she worked as an Asset Manager for the Delaware State Housing Authority, where she gained extensive knowledge of the various HUD programs as well as the Low Income Housing Tax Credit program. Danyel has earned the USDA- Spectrum Training Award Recipient (STAR) certification. Her strength is in compliance, but her government experience has allowed her to maintain good working relationships with monitoring agencies, Local and Federal government officials.
Arthur “Jib” W. Edwards, Jr., President/Chief Executive Officer
Jib currently oversees 100 employees and 60 multifamily housing communities in Delaware, Maryland, Pennsylvania, and Virginia. Responsible for over $500,000 in annual capital expenditures and $8 million in annual rental income, Jib has sponsored and served as a partner on a total of 25 limited partnerships that have acquired and built an aggregate of $200 million of assets on behalf of investment partnerships. Jib has successfully developed a diverse range of multi-family housing developments, from small rehabilitation projects to large master planned communities using structured financing that includes market-rate and government programs such as 515, HUD 221D-4, Low Income Housing Tax Credits, and other affordable housing resources. Certified as HCCP and C3P Specialist, Jib is recognized by the Low Income Housing Tax Credit Program for compliance in the LIHTC program. As a specialist in housing planning and development for over 20 years, Mr. Edwards has served as a consultant to state federated labor councils, housing development corporations, and state and local housing authorities and taskforces. Prior to joining The Severn Companies, Jib served as a naval pilot and flew the SH-2F during Desert Storm, where he was awarded two Navy Achievement awards.
Julie Palmeri, Chief Operating Officer
Julie joined the Severn team in April 2012. She is responsible for property operations, including the supervision of Regional Managers and compliance of all properties with rules and regulations where applicable with Tax Credit, USDA RD, HUD, and other regulatory bodies. Her prior experience in Affordable Housing compliance software made for a smooth transition into Affordable Housing property management. She has earned her Certified Credit Compliance Professional (C3P), HUD-Assisted Housing Manager (AHM), Certified Occupancy Specialist Advanced (COSA), and USDA- Spectrum Training Award Recipient (STAR) and HCCP- Housing Credit Certified Professional certifications.
Kit Vallhonrat, Chief Financial Officer
Bio coming soon!