SAN FRANCISCO (PRWEB) January 02, 2015
San Francisco-based accounting and consulting firm Novogradac & Company LLP has welcomed Dirk Wallace to the partnership. The firm, which specializes in affordable housing, community development, historic preservation and renewable energy tax credits, has 44 partners in 18 offices nationwide. Mr. Wallace works out of the firm’s Dover, Ohio, office.
“We are very happy to announce the promotion of Dirk to partner,” said Michael J. Novogradac, managing partner in the firm’s San Francisco office. “Dirk’s technical and operational knowledge of affordable rental housing makes him a tremendous resource for his clients. He is also a strong technical resource for the Low-Income Housing Tax Credit (LIHTC) program, both inside and outside the firm.”
“I am very excited to assume this new leadership position with the firm,” said Mr. Wallace. “I look forward to working with my partners and talented supporting team to further the firm’s growth and provide exceptional client service.”
Mr. Wallace has extensive experience in developer consulting and real estate syndication with an emphasis in real estate partnership audit and taxation. He is experienced in affordable housing projects and specializes in the LIHTC, including properties financed through the Native American Housing Assistance and Self Determination Act, and the historic rehabilitation tax credit. His consulting experience includes the preparation of LIHTC cost certifications for numerous state housing agencies, as well as mortgagers and contractors cost certifications for U.S. Department of Housing and Urban Development. Mr. Wallace also leads and coordinates the LIHTC Working Group, a membership organization that provides a platform to address technical programmatic issues surrounding the LIHTC industry. Mr. Wallace is a frequent speaker at industry conferences and seminars on affordable housing industry topics. He received his bachelor’s degree in accounting from Ohio University and is licensed as a certified public accountant in Ohio.
The firm also welcomed Eric Barnett and Jeff Nishita of the San Francisco office, Thomas Stagg of the Seattle office, and Matt Meeker of the Dover, Ohio, office to the partnership.
Novogradac, which recently celebrated its 25th anniversary, began operations in 1989, and the allied group of Novogradac companies has since grown to more than 500 employees and partners with offices in San Francisco, Walnut Creek and Long Beach, Calif.; the Washington, D.C., Atlanta, Ga., Detroit, Mich., Kansas City and St. Louis, Mo.; Seattle, Wash. metro areas; Boston, Mass.; Austin, Texas; Dover, Columbus and Cleveland, Ohio; New York, N.Y.; Portland, Ore.; Chicago, Ill; and Naples, Fla. Specialty practice areas include tax, audit and consulting services for tax-credit-assisted multifamily and affordable housing, community revitalization and rehabilitation of historic properties. Other areas of expertise include military-base redevelopment, preparation and analysis of market studies and appraisals of multifamily housing investments and renewable energy tax credits.
For additional information about Novogradac’s personnel and areas of expertise, visit http://www.novoco.com or call (415) 356-8000.