District Of Columbia 2023-2024 Regular Session

District Of Columbia Council Bill PR25-0300 Compare Versions

Version 1 (Old)

Version 2 (New)

Old	New		Differences
1		-	ENROLLED ORIGINAL
2		-
3		-
4		-
5		-
6		-	A RESOLUTION
7		-
8		-	25-370
9		-
10		-	IN THE COUNCIL OF THE DISTRICT OF COLUMBIA
11		-
12		-	December 5, 2023
13		-
14		-
15		-	To confirm the appointment of Ms. Carisa Stanley Beatty to the Public Charter School Board.
16		-
17		-	RESOLVED, BY COUNCIL OF THE DISTRICT OF COLUMBIA, That this resolution
18		-	may be cited as the “Public Charter School Board Carisa Stanley Beatty Confirmation
19		-	Resolution of 2023”.
20		-
21		-	Sec. 2. The Council of the District of Columbia confirms the appointment of:
22		-
	1	+	MURIEL BOWSER
	2	+	MAYOR
	3	+	June 21, 2023
	4	+	The Honorable Phil Mendelson
	5	+	Chairman
	6	+	Council
	7	+	of the District of Columbia
	8	+	John
	9	+	A. Wilson Building
	10	+	1350 Pennsylvania Avenue,
	11	+	NW, Suite 504
	12	+	Washington, DC 20004
	13	+	Dear Chairman Mendelson:
	14	+	In accordance with section 2
	15	+	of the Confirmation Act of 1978, effective March 3, 1979 (D.C. Law
	16	+	2-142; D.C. Official Code § 1-523.01
	17	+	), and pursuant to section 2214 of the District of Columbia
	18	+	School Reform Act
	19	+	of 1995, approved April 26, 1996 (110 Stat. 1321; D. C. Offici al Code§ 38-
	20	+	1802.14), I am pleased
	21	+	to nominate:
23	22		Ms. Carisa Stanley Beatty
24		-	Randolph Street, NE
	23	+	Randolph Street,
	24	+	NE
25	25		Washington, DC 200 18
26	26		(Ward 5)
27		-
28		-	As a member of the Public Charter School Board, established by section 2214 of the District of
29		-	Columbia School Reform Act of 1995, approved April 26, 1996 (110 Stat. 1321; D.C. Official
30		-	Code §38-1802.14), for a term to end February 24, 2026.
31		-
32		-	Sec. 3. The Council shall transmit a copy of this resolution, upon its adoption, to the
33		-	nominee and to the Office of the Mayor.
34		-
35		-	Sec. 4. This resolution shall take effect immediately.
36		-
	27	+	for appointment as a member
	28	+	of the Public Charter School Board, replacing Enrique Cruz, to serve
	29	+	the remainder
	30	+	of an unexpired term ending February 24, 2026.
	31	+	Enclosed you will find biographical information detailing the experience of the above
	32	+	mentioned nominee, along with a proposed resolution to assist the Council during the
	33	+	confirmation process.
	34	+	I would appreciate the Council's earliest consideration
	35	+	of this nomination for confirmation.
	36	+	Please do not hesitate
	37	+	to contact me or Steven Walker, Director, Office of Talent and
	38	+	Appointments, should the Council require additional information. 1
	39	+	2
	40	+	3
	41	+	4
	42	+	5
	43	+	6
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	45	+	8
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	48	+	11
	49	+	12
	50	+	13
	51	+	14
	52	+	15
	53	+	16
	54	+	Cliairman Phil Mendelson
	55	+	at the request
	56	+	of the Mayor
	57	+	A PROPOSED RESOLUTION
	58	+	IN THE COUNCIL OF THE DISTRICT OF COLUMBIA
	59	+	17 To confirm the appointment of Ms. Carisa Stanley Beatty to the Public Charter School Board.
	60	+	18
	61	+	19 RESOLVED, BY THE COUNCIL OF THE DISTRICT OF COLUMBIA, That this
	62	+	20 resolution may be cited as the "Public Charter School Board Carisa Stanley Beatty Confirmation
	63	+	21 Resolution of 2023".
	64	+	22
	65	+	23 Sec. 2. The Council of the District of Columbia confirms the appointment of:
	66	+	24 Ms. Carisa Stanley Beatty
	67	+	25 Randolph Street, NE
	68	+	26 Washington, DC 20018
	69	+	27 (Ward 5)
	70	+	28
	71	+	29 as a member of the Public Charter School Board, pursuant to section 2214 of the District of
	72	+	30 Columbia School Reform Act of 1995, approved April 26, 1996 (110 Stat. 1321; D. C. Official
	73	+	31 Code § 38-1802.14), replacing Enrique Cruz, to serve the remainder of an unexpired term ending
	74	+	32 February 24, 2026.
	75	+	33 Sec. 3. The Council of the District of Columbia shall transmit a copy of this resolution,
	76	+	34 upon its adoption, each to the nominee and to the Office of the Mayor.
	77	+	35 Sec. 4. This resolution shall take effect immediately. CARISA STANLEY BEATTY
	78	+	WASHINGTON, DC
	79	+	PROFESSIONAL EXPERIENCE
	80	+	Amalgamated Bank September 2014 -Present
	81	+	Mid-Atlantic
	82	+	Team Leader, Commercial Real Estate
	83	+	• Lead the bank's efforts in originating, underwriting and structuring new commercial real estate loans in the Mid-
	84	+	Atlantic region, with a focus
	85	+	on affordable housing;
	86	+	• Actively manage an organically grown $200 million commercial real estate portfolio;
	87	+	• Recruit and manage talent;
	88	+	• Lead the bank in establishing networks
	89	+	of settlement companies, real estate attorneys, appraisers and other real
	90	+	estate service professionals, adding such to the bank's approved slate;
	91	+	• Originated, cultivated and manage the bank's largest single commercial real estate borrower at an aggregate
	92	+	relationship balance
	93	+	of approximately $90 million;
	94	+	• Originated and structured the bank's first Low Income Housing Tax Credit loan and Washington
	95	+	DC's third
	96	+	Property Assessed Clean Energy (PACE) financed affordable housing project.
	97	+	District of Columbia Housing Finance Agency June 2010 -September 2014
	98	+	Director o_/Single ramify Programs
	99	+	• Rebuilt Single Family Mortgage Program inclusive of securing a new mortgage loan servicer, crafting new
	100	+	internal policies and procedures for a
	101	+	To Be Announced ("TBA") mortgage-backed security secondary market
	102	+	platform and recruiting and training participating lenders. Generated over $50 million in loan volume
	103	+	in first
	104	+	eleven months;
	105	+	• Negotiated mortgage-backed security Purchase Contract with third party purchaser;
	106	+	• Negotiated Loan Servicing Agreement with one
	107	+	of the nation's largest mortgage loan servicers;
	108	+	• Created a Secondary Market Committee to function
	109	+	as an internal oversight body for the TBA mortgage-backed
	110	+	security secondary market platform;
	111	+	• Performed daily analysis
	112	+	of residential mortgage interest rates and cooresponding mortgage-backed security
	113	+	premiums for
	114	+	both Ginnie Mae and Fannie Mae securities and recommend pricing for mortgage loan products;
	115	+	• Developed and administered new homeownership initiatives providing affordable
	116	+	mortgage loan products and
	117	+	down payment assistance using private, local and Federal financial resources;
	118	+	• Administered the District
	119	+	of Columbia's allocation of the $7.6 billion Federally funded Hardest Hit Markets
	120	+	Initiative ("HHF") Program for foreclosure prevention, which helped over 200 families avoid foreclosure;
	121	+	• Developed training cirrciculum and conduct training for participating lenders, local realtors, community based
	122	+	organizations and other local governmental agencies for
	123	+	both the affordable Single Family Mortgage Program
	124	+	and the
	125	+	HHF Program;
	126	+	• Recruited and managed talent.
	127	+	EagleBank (Fidelity and Trust Bank) March 2005 -June 2010
	128	+	Vice President, Commercial &:al Estate Loan Officer
	129	+	• Managed a, $100 million commercial real estate loan portfolio while generating new loan production;
	130	+	• Employed prudent credit practices and analysis to originate, underwrite and structure new commercial real
	131	+	estate, construction and development loans;
	132	+	•
	133	+	Worked closely with the Senior Credit Officer to monitor and evaluate the Bank's commercial real estate loan
	134	+	portfolio to proactively identify potential troubled assets and develop work
	135	+	out strategies. Results include the successful dispositioning of approximately $15 million in troubled and non-performing assets from September
	136	+	2008 to date 2009;
	137	+	• Worked with assigned Bank Counsel to negotiate work out strategies inclusive of forebearence agreements and
	138	+	foreclosures;
	139	+	• Researched, analyzed and maintained information on various state and federal financing/ funding programs and
	140	+	governmental agencies including
	141	+	SBA financing, Tax Incremental Financing, The Deputy Mayor's Office of
	142	+	Economic Development, District of Columbia Office of Tax and Revenue and District of Columbia Office of
	143	+	Zoning;
	144	+	OBA Bank September 2003 -March 2005
	145	+	Assistant Vice President/ Junior Credit Officer (February 2004 - March 2005)
	146	+	Commercial Real Estate Loan Officer (September 2003 - February 2004)
	147	+	• Developed and implemented Profitability Analysis Model for new and existing relationships resulting in a 15%
	148	+	increase in profitability for the commercial real estate portfolio;
	149	+	• Developed new credit systems for the bank including the management and tracking
	150	+	of financial statements and
	151	+	documentation exceptions;
	152	+	• Performed annual credit reviews including analysis
	153	+	of financial statements and made recommendations
	154	+	regarding the bank's relationship strategy with existing customers;
	155	+	• Worked with Senior Real Estate Loan Officer to structure new loan requests and ensured the commercial real
	156	+	estate portfolio achieved and maintained quarterly bank targets and goals;
	157	+	• Originated, analyzed, underwrote and structured new commercial real estate loans up
	158	+	to $5 million.
	159	+	Branch Banking and Trust (BB&J) June 2002-September 2003
	160	+	Business Banking Officer (December 2002-September 2003)
	161	+	• Originated, underwrote, structured and presented small business loans of up to $1 million for regional approval;
	162	+	• Managed a
	163	+	$10 million small business portfolio including maintaining below 5% in troubled assets and averaging
	164	+	$1 million/monthly in new originations;
	165	+	• Worked with BankPro Automation Software and ProActiv Sales Management Software.
	166	+	EDUCATION
	167	+	June 2002 - December 2002 - Branch Banking and Trust (BB&'I) Mangement Development Program
	168	+	• Formal credit training program with credit underwriting, loan structuring, profitability, risk analysis and bank
	169	+	management based curriculum;
	170	+	• Completed
	171	+	OMEGA Credit Training and Certification Program.
	172	+	September
	173	+	1998 - June 2002 - The University of North Carolina at Greensboro
	174	+	• Bachelor
	175	+	of Science-in Business Administration with a concentration in Marketing and Advertising
	176	+	BOARDS & COMMUNITY ENGAGEMENT
	177	+	• November 2022 - DC State Board of Education, Qualified Candidate for Ward 5 -Endorsed by The
	178	+	Washington Post, Democrates for Education Reform,
	179	+	DC Women in Politics, The Honorable Kenyan
	180	+	McDuffie, At-Large
	181	+	DC Councilmember, The Honorable Anita Bonds, At-Large DC Councilmember and The
	182	+	Honorable Dr. Jacque D. Patterson, At-Large, DC State Board of Education Representative. Received a total of
	183	+	7,300 Ward 5 votes.
	184	+	• 2021 - Current -Mayoral Appointee to the District of Columbia Historic Preservation Review Board
	185	+	• 2017 - Current -Board Member and Past President -African American Real Estate Professionals, Washington,
	186	+	DC
	187	+	CARISA STANLEY B EATrY (PAGE 2) * * * W'f.AR'f.
	188	+	WASHINGTON
	189	+	oc
	190	+	Executive Office of the Mayor -Mayor's Office of Talent and Appointments
	191	+	John A. Wilson Building I 1350 Pennsylvania Avenue, Suite 600 I Washington, DC 20004
	192	+	Carisa Stanley Beatty
	193	+	Native Washingtonian, Carisa Stanley Beatty has over 20 years of
	194	+	experience in banking and finance in the Washington, DC area.
	195	+	Immediately prior to her existing position as Mid Atlantic Team
	196	+	Leader with Amalgamated Bank, Ms. Stanley Beatty served
	197	+	as
	198	+	Director of Single-Family Programs with DC Housing Finance
	199	+	Agency where she developed and managed residential mortgage
	200	+	products and services, including the affordable mortgage program,
	201	+	DC Open Doors and the federally funded HomeSaver foreclosure
	202	+	prevention initiative. Ms. Stanley Beatty spearheaded the
	203	+	development
	204	+	of DC Open Doors and under her management the
	205	+	program grew to over $15 million in residential loan volume
	206	+	in a fifteen-month period.
	207	+	Ms. Stanley Beatty was Vice President
	208	+	of Commercial Real Estate at Fidelity and Trust Bank and
	209	+	EagleBank where her focus was real estate development in the Washington, DC metropolitan area.
	210	+	Ms. Stanley Beatty underwrote and financed commercial acquisitions
	211	+	as well as affordable housing
	212	+	projects
	213	+	in the District of Columbia while managing a commercial real estate portfolio in excess
	214	+	of $100 million. Ms. Stanley Beatty led commercial real estate debt restructures and workouts, up
	215	+	to and including foreclosures.
	216	+	As a parent
	217	+	of a student enrolled in a DC public charter school, Ms. Stanley Beatty is keen on
	218	+	investing in the community where you live. She
	219	+	is a Ward 5 Parent Leader of PAVE, DC, a parent
	220	+	advocacy organization dedicated to elevating parent voices. She was also a November 2022
	221	+	Qualified Candidate for the Ward 5
	222	+	DC State Board of Education vacant seat.
	223	+	Ms. Stanley Beatty served as President
	224	+	of the Washington, DC Chapter of African American Real
	225	+	Estate Professionals for five years and
	226	+	is currently a member of its Board of Directors. Ms. Stanley
	227	+	Beatty is also a mayoral appointee
	228	+	to the Washington DC Historic Preservation Review Board,
	229	+	serving a three-year term.
	230	+	A Ward 5 resident, Ms. Stanley Beatty holds a Bachelor
	231	+	of Science degree m Business
	232	+	Administration from the University
	233	+	of North Carolina at Greensboro.
	234	+	* * * GOVERNMENT OF THE DISTRICT OF COLUMBIA
	235	+	Executive Office of Mayor Muriel Bowser
	236	+	* * * Wt. ARt.
	237	+	WASl-llNGT ON
	238	+	oc
	239	+	Office of the General Counsel to the Mayor
	240	+	To:
	241	+	From:
	242	+	Date:
	243	+	Subject: Tommy Wells, Steve Walker
	244	+	Betsy Cavendish
	245	+	June 14, 2023
	246	+	Legal sufficiency review
	247	+	of Resolutions nominating Shukurat Adamoh-Faniyan
	248	+	and Carisa Stanley Beatty as members
	249	+	of the Public Charter School Board
	250	+	This is to Certify that this office has reviewed the above-referenced resolutions and
	251	+	found them to be legally unobjectionable.
	252	+	If you have any questions in this regard, please do not
	253	+	hesitate to call Vanessa Careiro, Deputy General Counsel, Executive Office
	254	+	of the Mayor, at
	255	+	202-724-1303,
	256	+	or me at 202-724-7681.
	257	+	Elizabeth A. (Betsy) Cavendish
	258	+	The John A. Wilson Building • 1350 Pe nnsylvania Avenue, NW • Suite 300 • Washington, D.C. 20004 • Office (202) 724-7681