Michael Bowen joined Centerpointe Regional Housing Development Company LLC in January 2007. Prior to this position, Michael was a Development Project Manager for the Community Builders in the capacity of Development Project Manager in the Pittsburgh office. In that role, Michael was responsible for the implementation of real estate development projects from initial conception through construction, to lease-up and stabilized occupancy or sale. Michael coordinated and drives all of the components of a development project, and is responsible for the quality, and timeliness of the project. Michael’s primary responsibility was the redevelopment of Elizabeth Park Homes. The redevelopment of Elizabeth Homes transformed an obsolete public housing property into a vibrant mixed income, mixed finance residential community now known as Cascade Village. The Cascade Village project was recently awarded the 2006 Best of Show Award by the Smart Growth Coalition of Northeast Ohio.
Director of Development
Additionally, Michael was Real Estate Administrator for the Cuyahoga Metropolitan Housing Authority (CMHA) in Cleveland, Ohio. In that capacity he oversaw all aspects of CMHA’s Hope VI, Mixed Finance, and Home Ownership activities involving projects in excess of $165 million, coordinated real estate development activities with HUD, developers, architects, community based organizations, city and county staff, local elected officials, coordinated inter-departmental project activities, and negotiated key business points of the real estate transactions with developers, ensure all elements of the community development strategy progress on schedule.
Michael’s career in community development began at the Housing Authority of the City of Pittsburgh as a Senior Hope VI Project Manager-Development. During that time, Michael participated in the planning and development of HACP’s mixed finance development activities at Manchester, Allequippa Terrace, and Pennley Place.
Overall, Michael has participated in all phases of the development process including prospecting; conceptual planning; initial feasibility, selection and management of development team members, site acquisition, financial analysis, structuring and packaging, grant proposal writing, construction oversight, leasing and/or sales. Michael is experienced working with a broad and diverse group of stakeholders including housing authority staff, public housing residents, elected officials, neighborhood organizations, developers, market consultants, city officials, planners, architects, and engineers.
Michael is a graduate of Morehouse College with a Bachelor’s of Arts Degree in Economics in 1995 and a Master of Public Policy and Management degree from the H. John Heinz III School at Carnegie Mellon University in 1997. Michael has over ten years’ experience with community development housing and finance.