For Immediate Release July 15, 2013
Contact Information Ann Burge (402) 334-8899 email@example.com
MHEG Names Henderson as Vice President of Asset Management
Midwest Housing Equity Group, Inc. (MHEG) is proud to announce and welcome R. Benjamin Henderson as Vice President of Asset Management. Henderson will join MHEG effective July 29, 2013, and will work out of the company’s headquarters in Omaha, Nebraska. He will be responsible for the leadership of MHEG’s asset management and compliance monitoring teams, ensuring that MHEG’s Low Income Housing Tax Credit (Housing Credit) portfolio is in excellent physical and financial condition and in compliance with the Housing Credit regulations. Henderson comes to MHEG with over 20 years’ experience in the affordable housing industry. Most recently, Henderson served as the Vice President of Community Investments and Vice President of LIHTC Asset Management during his seven years with AEGON USA Realty Advisors LLC in Cedar Rapids, Iowa. Prior to joining AEGON, he worked with USAA Real Estate Company and USAA Financial Services Company for over 20 years, successfully overseeing its Housing Credit portfolio. While at USAA, Henderson also served as an original member of the Affordable Housing Investors Council and was integral in the development and implementation of a nationally recognized Housing Credit standard reporting format and watch list criteria. “We are very excited to have Ben join our team. Not only will his proven leadership abilities and Housing Credit expertise benefit our investor and developer partners, but just as important, he will be a great role model and mentor for our employees and management company partners that interact with him,” said John Wiechmann, President and CEO of MHEG. MHEG, a non-profit organization created in 1993, helps finance affordable housing throughout the Midwest. Its mission is to change lives for a better tomorrow by promoting the development and sustainability of quality affordable housing. In addition to raising capital to invest in affordable housing developments, the MHEG team provides technical assistance to developers, owners and management companies on the development and management of Housing Credit properties. To date, MHEG has deployed over $900 million of equity into over 350 developments throughout the Midwest, helping finance almost 10,000 units of quality affordable housing. For more information about MHEG please visit our website at www.mheginc.com.