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Albert A. Bogdan is a seasoned professional with extensive experience in economic development, community development, and strategic planning. He has managed various projects, including urban development strategies, affordable housing, and real estate development. Bogdan holds an MBA from the University of Massachusetts at Amherst and a BEE from the City College of New York City.

Experience

    • Owner
      • Nov 2004 - Present

      Assisted in the preparation of urban development strategies using public private partnerships and mixed use financing. Bogdan Team Hired by the Detroit Housing Commission as a consultant on the Replacent Housing Factor Program. Have managed and obtained Low income housing tax credit financing for LIHTC housing developments, Obtained HUD 108 financing for Techtown, Obtained creative TIF financing for Focus Hope which it used to expand neighborhood development. Obtained brownfield designation and financing for neighborhood development.Lead a team to prepare a land use plan and strategy foor a Detroit neighborhood - offered a set of creative initiatives for focusing on core neighborhoods and on land management and assembly.Manage the Michigan Magnet FundMember of New Market Tax Credit Coailition Board of Directors Advisor to nonprofits, municipalities, and for-profit developers in the preparation of development proposals and in the recruitment of financing from both private and public sources

    • Chief Business Development Officer
      • 2005 - 2016

      Presently AABDS serves as Chief Business Development Officer of the Michigan Magnet Fund (MMF). MMF is a new market tax credit allocatee established by the Michigan Economic Development Corporation (MEDC), Michigan State Housing Development Authority (MSHDA), Great Lakes Capital Fund,(GLCF) and Community Economic Development Association of Michigan (CEDAM) to invest in low income communities in the State of Michigan. MMF has received 3 allocations of New Markets Tax Credit. Bogdan has helped manage the MMF Board and recruit, close and invest $145 million in 20 projects located low income communities in six cities throughout the state of Michigan.See www.mmf1.org for more detail.

    • Planning Director, Housing Director, Brownfield Project Manager, President of Wayne Cnty-Detroit CDE
      • Nov 1996 - Nov 2004

      managed housing programs using HOME and other funds, fprovided technical assistance and financed condo developments, LIHTC developments, managed the brownfield activity including setting up Brownfield Redevelopment Authority - obtained millions in funds from state and EPA, Managed a program to transfer tax reverted properties to nonprofit CDCs, provided environmental assistance funds to them, Set up the NMTC CDE and obtained $27 million in allocation from CDFI Fund, financed and closed 3 Detroit projects.Wrote about tax reverted property and helped eliminate the tax lien program to establish a more rational system. Set up nonprofit CDC and raised funds to rehabilitate 100 houses n Highland Park. coordinated program to help resolve 35 year old discrimination suit in City of Hamtramck. Structured creative financing to totally restructure neighborhood with new sewers, roads, contamination removal and initated housing rehab and new construction program including a scattered site LIHTC program

    • Economic Development Director
      • 1988 - 1996

      Project Manager for various economic development projects such as designing, financing, and a senior development in downtown Fenton, redeveloping a blighted mixed use area into a shopping center, structuring a proposal and attracted a developer to build a shopping center in Royal Oak Township, set housing development corporation in Bay City, established Rennaissance Zones in Saginaw. Prepared commercial and residential market studies and/or prepared strategic plans for Grand Blanc Township, Okemos, Bay City Downtown, Hazel Park, 8 Mile Road. Structured a TIFA bond issue to finance an interchange in Romulus, Prepared DDA plans and bonded financing for project in Fenton (redevelopment of an industrial area to senior housing integrated with the downtown shopping) and Hazel Park (redevelopment of a blighted corner to a new shopping center). Provided general economic development support to staff. Created innovative LDFA district which captured city taxes for ineligible property to foster development of the area. Wrote articles on urban planning.

    • CEO
      • 1986 - 1988
      • Plymouth, MI

      Provided consulting services to Western Wayne County communities and Western Township Utilities Authority

    • Executive Vice President,, Marketing Director
      • 1984 - 1986
      • Troy, MI

      Preparing business plans for solar cell, hydrogen storage systems, flat panel display, and programmable silicon interconnection systems. worked on joint venture agreements, helped put together public offering for flar panel displays, raised $20M. sold Mosaic Systems business concept to venture capitalists, raised $3M, appointed Marketing Director and obtained initial contracts from Raytheon. Met with most leading technology firms in the nation and oversees.

    • Director
      • 1982 - 1984

      Bogdan proved his management skills when he was promoted to head Michigan’s 80 person Office of Economic Development. He established and implemented a strategic plan that totally reorganized it to focus on small business, entrepreneurism, growth industries, venture capital and reorganized his staff to bring SBIR and other Research funds to Michigan. He reorganized the marketing program to focus on growing firms already operating in the state.Placed on special assignment to the governor's office to develop a a statewide technology park. Prepared the plan for the Oakland Technology Park and negotiated the initial purchase of the property. Turned over to Comerica Bank to develop when Governor Milliken decided not to run.

    • Detroit Regional Office Director
      • 1978 - 1982

      Managed the Detroit Regional Office consisting of representatives of each of the statewide functions of economic development, international investment, minority and small business. Produced a plan the governor and Mayor Colemen Young and I took to GM and Ford to build a auto plant in Detroit. Convinced GM to build the GM Assembly Plant in Detroit-Hamtramck which replaced the abandoned Dodge Main plant in Hamtramck. Organized and implemented the tactics to obtain a closed missile plant in Sterling Heights in trade for 2 200,000 sq. ft. office buildings in Warren. Built the 1st building in 11 months and sold the facility to Volkswagen for a new assembly plant and built a railroad overpass to help service the facility. Worked closely with City of Detroit to recruit businesses.

    • Executive Director
      • 1977 - 1978
      • Newport News, VA

      Directed organization of business and community leaders to improve Newport News. Helped organize community presentation to US DOT for new interstate bypass of Newport News.Obtained commitment.

    • Community Development Consultant
      • 1976 - 1977
      • Washington DC

      Provided consulting services to Urban Coalition cities such as St. Louis, Philadelphia, Detroit, Gary and worked on national policy issues in DC. elected Vice Chair of Urban Coalition Directors Organization

    • President
      • 1974 - 1976
      • Bridgeport, CT

      Established Minority Procurement Program financed with OMBE funds, Obtained largest EDA Economic Adjustment grant for a in-town industrial park. Raised local bank funding for an innovative food market. Structured an inner city business retention and marketing program. Established a successfl inner city cabaret theatre

    • Executive Director
      • 1969 - 1974

      Bogdan became the first executive director of this new nonprofit organization made up of a diverse leadership from the community including business leaders, religious leaders, African-American leaders, leaders of social service organizations, and poor people. Bogdan established and raised over $450,000 to establish a housing development corporation, organized and managed the employment training activity including the public employment program, organized and lead the countywide public employment program that financed about 180 jobs and used to establish a day care center. A $750,000 Economic Growth Center grant was obtained from the New England Regional Commission which was used to establish a minority business loan fund, build the infrastructure in the local industrial park, and to establish a targeted marketing campaign to attract new business. Bogdan chaired a committee to form a seven-community regional transit authority to provide publicly subsidized bus transportation and obtained approval from A city council, two representative town meeting and four town meetings; organized an annual Ethnic Festival; was a member of approximately 26 community organization boards including VP of local NAACP branch, hospital board, Housing Fund, Berkshire Employment Planning Board, Chairman Massachusetts Council Against Discrimination - Berkshire Branch, etc. Bogdan became candidate for mayor in 1973 and local organizer of the Dukakis campaign for governor.

    • Program Manager, Project Engineer
      • 1959 - 1969
      • Pittsfield, MA

      Assistant Engineering Program Manager for: - the Ground Support Fire Control Systems used to test the missiles guidance systems Included scheduling of design, production, and instituting a change control system; Coordination of - multi-company parts standardization program; - multi-company human factors design program; - multi-company team member in the development of PERT as a planning and scheduling tool; - Managing a General Electric Team to oversee a major subcontractor, Control Data Corporation, at their Minneapolis location in the design and production of the on-board computer system to assure quality control; - Structuring and proposing an advanced design system for converting the fire control system from transistors to integrated circuits at a budget of $50 million. Program Engineering Manager for a program to design and produce portable test equipment for the Polaris Guidance System. Included setting up a super clean room facilities in Charleston, North Carolina. Promoted to Program Manager – assigned projects with significant technical and customer relations complexity: - Double Memory Program – Involved managing the contract development, design, production, and retrofitting all of the submarines to double the memory of the Fire Control computer System - MOTS Program – Management of the design, production, and ongoing software development for an automated tester to test all electronic modules in the fire control system. Recommended removal of all testers from submarines – approved by customer. - Milk Shake Program – Management of the design, production of van mounted guidance test system to test the Polaris Guidance System in an underground nuclear test in Nevada. Complex design due to the need to evaluate the impact of ground generated electromagnetic field effects on the guidance system against the electrostatic field effects in the ionosphere. Designed to assure that the system can overcome a soviet ABM defense system.

  • Sperry Gyroscope company
    • Islip, Long Island, NY
    • Design Engineer
      • 1957 - 1959
      • Islip, Long Island, NY

      Electronic Design Engineer on a transportable radar set.for the marines

    • Application Engineer
      • 1957 - 1957
      • Brooklyn, NYC, NY

      Application Engineer for Selenium Rectifier Applications

Education

  • 1964 - 1972
    University of Massachusetts at Amherst - Isenberg School of Management
    Master of Business Administration (MBA), MBA
  • 1953 - 1958
    City College of New York City
    BEE, Electrical Engineering
  • 1950 - 1953
    Stuyvesant High School - New York City
    Academic

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Industry Focus. “Real Estate and Property Management”

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