
Successfully navigating intricate tax credit laws can be complex, unless you have knowledgeable, confident and experienced guidance along the way.
The executive leadership of Affordable Equity Partners, Inc. is devoted to shaping and implementing Affordable Housing and Historic Rehabilitation Tax Credit programs. AEP is a recognized industry leader, positioning itself as a forerunner for tax credit legislation from the program’s inception in both Missouri and Georgia.
Our executive leadership is committed to creating partnerships through which we strive to serve each client’s specific project needs with integrity, timeliness and unrivaled professionalism.
Jeffrey
E. Smith is a real estate developer whose Columbia-based companies have
developed and invested in more than 170 affordable housing properties for
families and seniors, totaling over 15,000 housing units in Missouri and other
states. The group of companies includes property development, construction,
property management, health care and syndication. His efforts led to the passage
of tax credit legislation in Missouri that has helped preserve historic
buildings throughout the state and provide decent and affordable housing for its
citizens. A recognized leader in the affordable housing industry, Smith received
the first Governor’s Award for Excellence in Elderly Housing in Missouri.
Monica Swoboda serves in the capacity of Executive Vice President of JES Holdings, LLC, which is in turn responsible for oversight of five affiliate companies which include: Affordable Equity Partners, Inc., a tax credit syndication company; Fairway Management, Inc., a property management company with a primary focus on the management of multi-family housing subject to the requirements of Section 42 of the Internal Revenue Code; Fairway Construction Co., Inc., a general contracting construction company with experience in single and multi-family housing; JES Dev Co Inc., a real estate development group with extensive experience in multi-family Section 42 housing, as well as single family homes and mixed use retail/housing developments; and Capital Health Management, Inc., a company which owns and operates skilled nursing home facilities.
William A. Markel, Executive Vice President of JES Holdings, LLC, began working as an intern with the company in 1992. Seeing the vision and values of JES first hand, Will aspired to become a member of the team following graduation from the University of Missouri, Columbia. Will's career with JES Holdings began in Fairway Management, Inc., specializing in accounts payable. While working with the management company, Will developed a passion for the development side of affordable housing and advanced to be a key contributor in market evaluation, property site selection, financial analysis, discussions with the various state housing agencies, and daily contact with neighborhood groups and civic leaders.
In 1997, Will became the Vice President and CFO of Affordable Equity Partners, Inc. Will is particularly knowledgeable in state affordable housing and historic rehabilitation tax credits. Will spends a significant amount of time interacting with development partners, meeting with current and potential investors to maintain existing and new relationships, and helps shape unique transactions tailored to the needs of AEP’s development and investment partners.
Will is currently one of two Executive Vice Presidents of JES Holdings. Both are responsible for the oversight and operations of all five companies within JES Holdings; JES Dev Co, Inc., Affordable Equity Partners, Inc., Fairway Management, Inc., Fairway Construction Co., Inc. and Capital Health Management, Inc. As an Executive Vice President, Will helps to ensure that the Mission Statement, Vision, and Values of JES Holdings are at the forefront of all business transactions, something that sets JES Holdings apart from other companies.
Will is an active philanthropist, dedicated to giving back to communities and organizations locally and nationwide. He is a member of the United Way Circle of Leaders and a member of The Herbert J. Davenport Society.
