PEOPLE ON THE MOVE

To place your listing, visit www.crainsdetroit.com/people-on-the-move or, for more information, contact Debora Stein at 917.226.5470 / dstein@crain.com

ADVERTISING / PR / MARKETING

Truscott Rossman

Truscott Rossman welcomes account executive, Kylie Rydjord. A recent Central Michigan University graduate and Multicultural Advancement Scholar with a passion for serving underrepresented communities, Kylie proved herself as a skilled, insightful and well-grounded member of our team while working as an intern in 2022. Kylie brings a fresh perspective to TR’s digital and corporate communications teams serving clients statewide. For opportunities at TR, visit www.truscottrossman.com.

INSURANCE / BROKERAGE

Kapnick Insurance Group

Kapnick Insurance welcomes Lindsay Lumpford as a Client Executive within their business insurance division. She will also work with personal insurance clients, focused on home, auto, and personal umbrella. “Lindsay brings with her a new set of skills and knowledge,” says Keith Tubergen, Vice President and Practice Leader at Kapnick. “Her experience in the eld and excitement to help her clients makes her a great t here at Kapnick.”

Beztak they have implemented multiple ways to guard against those potential conicts of interest e Hovey family has an interest in 10 MSHDA properties, or about 2 percent of the overall agency portfolio, according to MSHDA spokesperson Katie Bach. Hovey’s family interests in HUD properties “have been transferred to an independent third party, so previous concerns about potential con icts have been resolved,” Bach told Crain’s earlier this month.

Beztak is pleased to announce the promotion of Jodie Blakemore to President of Accounting, Tax & Strategic Services. Through her leadership in her 12 years at Beztak, she has overseen rapid growth in management, complex software roll outs and much more. In this new role, Jodie will be responsible directly for the accounting, audit, risk management and tax departments.

First, neither Hovey nor her husband or father-in-law, “will have any rights or be able to act as a general partner” on MSHDA properties that have funding from the U.S. Department of Housing and Urban Development.

Additionally, Hovey will be walled o from working on the 9 percent Low-Income Housing Tax Credit program that MSHDA administers.

While not MSHDA’s largest overall program, the 9 percent LIHTC serves as a tax credit for about 9 percent of the construction or rehabilitation costs of an a ordable housing project and is one of the most common mechanisms for a ordable rental housing. On average, 50 percent of the total nancing for 9 percent LIHTC projects comes from equity derived from the credit, according to the National Housing Conference, and “many states have used the 9 percent LIHTC as their primary tool to facilitate the production and rehabilitation of a ordable rental housing.” has plenty of sta in place to run the program, so the concern is mostly around the unknown of how everything works in practice.

“It’s not a fear that LIHTC is not in good hands,” Forrest said. “But what are the boundaries? We have to understand that.”

Kirsten Elliott, the vice president and COO of Community Housing Network, a Troy-based a ordable housing developer, said she has no concerns about the program going forward. Elliott, who noted she’s known Hovey for years, said the sta that’s in place will be more than capable of running the program, ensuring that the executive director can take a hands-o approach. Instead, Hovey will able to focus on larger issues related to housing, Elliott said.

—Kirsten Elliott, vice president and COO, Community Housing Network

“With Amy at the helm, because she brings such a wealth of experience, she’ll be able to help the organization move forward and get more resources,” Elliott told Crain’s.

For her part, that’s exactly the goal, said Hovey, who noted that much of her work in the director job will be around implementing Michigan’s rst statewide housing plan and acting on Gov. Gretchen Whitmer’s stated goal of creating or preserving 75,000 housing units around the state.

Architecture

DLZ

Eric Beaulieu, AIA has been promoted to Vice President. Over his 24-year career, Mr. Beaulieu has focused primarily on public sector projects including federal, state, and local government agencies. Project types include postal, transit, aviation, public safety, educational, justice, recreational, and industrial projects. Mr. Beaulieu leads DLZ’s architectural design practice in Michigan, which includes architecture, mechanical engineering, landscape architecture and construction management.

Nonprofit

Gesher Human Services

Jim Willis has been named Executive Vice President and Chief Operating Of cer at Gesher Human Services. Willis has been with the nonpro t agency for 26 years and was promoted from his former position of VP of Vocational Rehabilitation and Workforce Development. He will now oversee business operations of the South eld-based organization, which enhances the lives of job seekers, seniors, people with disabilities and those living with serious mental illnesses in metro Detroit.

Beztak is proud to welcome Jonathan Wood as our Executive VP of Finance. Jon joins the organization with an accomplished nance and development career intermediating real estate capital. He is an expert in the capital markets with extensive experience developing properties throughout the midwest and southeast. Jon graduated from the Eli Broad College of Business at MSU.

Last year, MSHDA awarded $24.2 million in 9 percent LIHTC credits for more than 1,100 a ordable housing units, according to data from the agency. By comparison, the agency’s direct lending to developers totaled about $259 million and included nearly 2,000 units.

Still, it’s “unprecedented” having a director of a state agency who is unable to work directly on the program, said Luke Forrest, executive director of the Community Economic Development Association of Michigan, a Lansing-based trade group that works with more than 200 local economic development groups around the state, many with a focus on a ordable housing.

Forrest acknowledged that MSHDA

DEALS & DETAILS

` CONTRACTS

` Circadian Risk Inc., Ann Arbor, a security risk assessment rm, has an agreement for ASIS International, Alexandria, Va., a membership organization for security management professionals, to use its Physical Asset Protection Standard platform in its risk analysis portfolio. Website: circadianrisk.com

` EXPANSIONS

` StockX, Detroit, a reselling e-commerce platform for sneakers, handbags and other luxury goods, opened a new authentication center in Mexico City, Mexico. is is the 14th authentication center in StockX’s net- e timing of getting such work done is critical, given some of the current market challenges in housing, Hovey told Crain’s.

“What I really want to focus on is building some collaboration with other state agencies, as well as with other industries in the eld,” Hovey said.

“Because we can’t do this by ourselves. I just can’t emphasize that enough: We’ve got to be more creative about how we get housing funded,” she said. “And I think we all have to work together on that ... I think housing is quickly moving from a crisis to an emergency, so people are willing to come to the table and participate in getting it done.”

Contact: nmanes@crain.com; (313) 446-1626; @nickrmanes work. Website: stockx.com

` Range USA, Cincinnati, operator of indoor gun ranges, opened a location at 12780 Reeck Road in Southgate. e new store employs, on average, 25-30 part-time and full-time employees. is is the fourth Range USA store to open in Michigan and the 40th for the chain. Website: RangeUSA.com

` MERGERS & ACQUISITIONS

` Galco Industrial Electronics Inc., Madison Heights, an industrial equipment supplier, acquired Zesco Inc., Brecksville, Ohio, a specialist in industrial automation. Website: Galco.com

REAL ESTATE

Man who ‘never wanted to