MURIEL BOWSER
MAYOR
June 21, 2023
The Honorable Phil Mendelson
Chairman
Council
of the District of Columbia
John
A. Wilson Building
1350 Pennsylvania Avenue,
NW, Suite 504
Washington, DC 20004
Dear Chairman Mendelson:
In accordance with section 2
of the Confirmation Act of 1978, effective March 3, 1979 (D.C. Law
2-142; D.C. Official Code § 1-523.01
), and pursuant to section 2214 of the District of Columbia
School Reform Act
of 1995, approved April 26, 1996 (110 Stat. 1321; D. C. Offici al Code§ 38-
1802.14), I am pleased
to nominate:
Ms. Carisa Stanley Beatty
Randolph Street,
NE
Washington, DC 200 18
(Ward 5)
for appointment as a member
of the Public Charter School Board, replacing Enrique Cruz, to serve
the remainder
of an unexpired term ending February 24, 2026.
Enclosed you will find biographical information detailing the experience of the above
mentioned nominee, along with a proposed resolution to assist the Council during the
confirmation process.
I would appreciate the Council's earliest consideration
of this nomination for confirmation.
Please do not hesitate
to contact me or Steven Walker, Director, Office of Talent and
Appointments, should the Council require additional information. 1
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Cliairman Phil Mendelson
at the request
of the Mayor
A PROPOSED RESOLUTION
IN THE COUNCIL OF THE DISTRICT OF COLUMBIA
17 To confirm the appointment of Ms. Carisa Stanley Beatty to the Public Charter School Board.
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19 RESOLVED, BY THE COUNCIL OF THE DISTRICT OF COLUMBIA, That this
20 resolution may be cited as the "Public Charter School Board Carisa Stanley Beatty Confirmation
21 Resolution of 2023".
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23 Sec. 2. The Council of the District of Columbia confirms the appointment of:
24 Ms. Carisa Stanley Beatty
25 Randolph Street, NE
26 Washington, DC 20018
27 (Ward 5)
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29 as a member of the Public Charter School Board, pursuant to section 2214 of the District of
30 Columbia School Reform Act of 1995, approved April 26, 1996 (110 Stat. 1321; D. C. Official
31 Code § 38-1802.14), replacing Enrique Cruz, to serve the remainder of an unexpired term ending
32 February 24, 2026.
33 Sec. 3. The Council of the District of Columbia shall transmit a copy of this resolution,
34 upon its adoption, each to the nominee and to the Office of the Mayor.
35 Sec. 4. This resolution shall take effect immediately. CARISA STANLEY BEATTY
WASHINGTON, DC
PROFESSIONAL EXPERIENCE
Amalgamated Bank September 2014 -Present
Mid-Atlantic
Team Leader, Commercial Real Estate
• Lead the bank's efforts in originating, underwriting and structuring new commercial real estate loans in the Mid-
Atlantic region, with a focus
on affordable housing;
• Actively manage an organically grown $200 million commercial real estate portfolio;
• Recruit and manage talent;
• Lead the bank in establishing networks
of settlement companies, real estate attorneys, appraisers and other real
estate service professionals, adding such to the bank's approved slate;
• Originated, cultivated and manage the bank's largest single commercial real estate borrower at an aggregate
relationship balance
of approximately $90 million;
• Originated and structured the bank's first Low Income Housing Tax Credit loan and Washington
DC's third
Property Assessed Clean Energy (PACE) financed affordable housing project.
District of Columbia Housing Finance Agency June 2010 -September 2014
Director o_/Single ramify Programs
• Rebuilt Single Family Mortgage Program inclusive of securing a new mortgage loan servicer, crafting new
internal policies and procedures for a
To Be Announced ("TBA") mortgage-backed security secondary market
platform and recruiting and training participating lenders. Generated over $50 million in loan volume
in first
eleven months;
• Negotiated mortgage-backed security Purchase Contract with third party purchaser;
• Negotiated Loan Servicing Agreement with one
of the nation's largest mortgage loan servicers;
• Created a Secondary Market Committee to function
as an internal oversight body for the TBA mortgage-backed
security secondary market platform;
• Performed daily analysis
of residential mortgage interest rates and cooresponding mortgage-backed security
premiums for
both Ginnie Mae and Fannie Mae securities and recommend pricing for mortgage loan products;
• Developed and administered new homeownership initiatives providing affordable
mortgage loan products and
down payment assistance using private, local and Federal financial resources;
• Administered the District
of Columbia's allocation of the $7.6 billion Federally funded Hardest Hit Markets
Initiative ("HHF") Program for foreclosure prevention, which helped over 200 families avoid foreclosure;
• Developed training cirrciculum and conduct training for participating lenders, local realtors, community based
organizations and other local governmental agencies for
both the affordable Single Family Mortgage Program
and the
HHF Program;
• Recruited and managed talent.
EagleBank (Fidelity and Trust Bank) March 2005 -June 2010
Vice President, Commercial &:al Estate Loan Officer
• Managed a, $100 million commercial real estate loan portfolio while generating new loan production;
• Employed prudent credit practices and analysis to originate, underwrite and structure new commercial real
estate, construction and development loans;
•
Worked closely with the Senior Credit Officer to monitor and evaluate the Bank's commercial real estate loan
portfolio to proactively identify potential troubled assets and develop work
out strategies. Results include the successful dispositioning of approximately $15 million in troubled and non-performing assets from September
2008 to date 2009;
• Worked with assigned Bank Counsel to negotiate work out strategies inclusive of forebearence agreements and
foreclosures;
• Researched, analyzed and maintained information on various state and federal financing/ funding programs and
governmental agencies including
SBA financing, Tax Incremental Financing, The Deputy Mayor's Office of
Economic Development, District of Columbia Office of Tax and Revenue and District of Columbia Office of
Zoning;
OBA Bank September 2003 -March 2005
Assistant Vice President/ Junior Credit Officer (February 2004 - March 2005)
Commercial Real Estate Loan Officer (September 2003 - February 2004)
• Developed and implemented Profitability Analysis Model for new and existing relationships resulting in a 15%
increase in profitability for the commercial real estate portfolio;
• Developed new credit systems for the bank including the management and tracking
of financial statements and
documentation exceptions;
• Performed annual credit reviews including analysis
of financial statements and made recommendations
regarding the bank's relationship strategy with existing customers;
• Worked with Senior Real Estate Loan Officer to structure new loan requests and ensured the commercial real
estate portfolio achieved and maintained quarterly bank targets and goals;
• Originated, analyzed, underwrote and structured new commercial real estate loans up
to $5 million.
Branch Banking and Trust (BB&J) June 2002-September 2003
Business Banking Officer (December 2002-September 2003)
• Originated, underwrote, structured and presented small business loans of up to $1 million for regional approval;
• Managed a
$10 million small business portfolio including maintaining below 5% in troubled assets and averaging
$1 million/monthly in new originations;
• Worked with BankPro Automation Software and ProActiv Sales Management Software.
EDUCATION
June 2002 - December 2002 - Branch Banking and Trust (BB&'I) Mangement Development Program
• Formal credit training program with credit underwriting, loan structuring, profitability, risk analysis and bank
management based curriculum;
• Completed
OMEGA Credit Training and Certification Program.
September
1998 - June 2002 - The University of North Carolina at Greensboro
• Bachelor
of Science-in Business Administration with a concentration in Marketing and Advertising
BOARDS & COMMUNITY ENGAGEMENT
• November 2022 - DC State Board of Education, Qualified Candidate for Ward 5 -Endorsed by The
Washington Post, Democrates for Education Reform,
DC Women in Politics, The Honorable Kenyan
McDuffie, At-Large
DC Councilmember, The Honorable Anita Bonds, At-Large DC Councilmember and The
Honorable Dr. Jacque D. Patterson, At-Large, DC State Board of Education Representative. Received a total of
7,300 Ward 5 votes.
• 2021 - Current -Mayoral Appointee to the District of Columbia Historic Preservation Review Board
• 2017 - Current -Board Member and Past President -African American Real Estate Professionals, Washington,
DC
CARISA STANLEY B EATrY (PAGE 2) * * * W'f.AR'f.
WASHINGTON
oc
Executive Office of the Mayor -Mayor's Office of Talent and Appointments
John A. Wilson Building I 1350 Pennsylvania Avenue, Suite 600 I Washington, DC 20004
Carisa Stanley Beatty
Native Washingtonian, Carisa Stanley Beatty has over 20 years of
experience in banking and finance in the Washington, DC area.
Immediately prior to her existing position as Mid Atlantic Team
Leader with Amalgamated Bank, Ms. Stanley Beatty served
as
Director of Single-Family Programs with DC Housing Finance
Agency where she developed and managed residential mortgage
products and services, including the affordable mortgage program,
DC Open Doors and the federally funded HomeSaver foreclosure
prevention initiative. Ms. Stanley Beatty spearheaded the
development
of DC Open Doors and under her management the
program grew to over $15 million in residential loan volume
in a fifteen-month period.
Ms. Stanley Beatty was Vice President
of Commercial Real Estate at Fidelity and Trust Bank and
EagleBank where her focus was real estate development in the Washington, DC metropolitan area.
Ms. Stanley Beatty underwrote and financed commercial acquisitions
as well as affordable housing
projects
in the District of Columbia while managing a commercial real estate portfolio in excess
of $100 million. Ms. Stanley Beatty led commercial real estate debt restructures and workouts, up
to and including foreclosures.
As a parent
of a student enrolled in a DC public charter school, Ms. Stanley Beatty is keen on
investing in the community where you live. She
is a Ward 5 Parent Leader of PAVE, DC, a parent
advocacy organization dedicated to elevating parent voices. She was also a November 2022
Qualified Candidate for the Ward 5
DC State Board of Education vacant seat.
Ms. Stanley Beatty served as President
of the Washington, DC Chapter of African American Real
Estate Professionals for five years and
is currently a member of its Board of Directors. Ms. Stanley
Beatty is also a mayoral appointee
to the Washington DC Historic Preservation Review Board,
serving a three-year term.
A Ward 5 resident, Ms. Stanley Beatty holds a Bachelor
of Science degree m Business
Administration from the University
of North Carolina at Greensboro.
* * * GOVERNMENT OF THE DISTRICT OF COLUMBIA
Executive Office of Mayor Muriel Bowser
* * * Wt. ARt.
WASl-llNGT ON
oc
Office of the General Counsel to the Mayor
To:
From:
Date:
Subject: Tommy Wells, Steve Walker
Betsy Cavendish
June 14, 2023
Legal sufficiency review
of Resolutions nominating Shukurat Adamoh-Faniyan
and Carisa Stanley Beatty as members
of the Public Charter School Board
This is to Certify that this office has reviewed the above-referenced resolutions and
found them to be legally unobjectionable.
If you have any questions in this regard, please do not
hesitate to call Vanessa Careiro, Deputy General Counsel, Executive Office
of the Mayor, at
202-724-1303,
or me at 202-724-7681.
Elizabeth A. (Betsy) Cavendish
The John A. Wilson Building • 1350 Pe nnsylvania Avenue, NW • Suite 300 • Washington, D.C. 20004 • Office (202) 724-7681