Karl F.
Seidman is an economic development practitioner with 18
years experience in program design and management, the
financing and supervision of complex development projects,
program evaluation, and the preparation of development plans
and strategies. He is also Lecturer at MIT's Department of
Urban Studies and Planning where he teaches Economic
Development Finance and Economic Development Planning.
Mr. Seidman
served as Deputy Director and Chief Financial Officer of the
Massachusetts Government Land Bank (now MassDevelopment), a
state agency that finances and manages redevelopment
projects, where his accomplishment included:
- Overseeing
the financing and management of $60 million in loans to over
70 projects, including industrial parks, multi-family and
special needs housing, office buildings, retail centers and
small business incubators
- Designing and implementing the
Emerging Technology Fund and the Pre-development Assistance
Program
- Implementing plans for the reuse of Fort Devens
and redevelopment of the Gloucester State Fish Pier
- Securing $72 million in new capital through an asset-backed
financing, tax-exempt bonds and taxable bonds
Mr. Seidman
also served as Senior Associate at Mt. Auburn Associates,
Research Director for the Massachusetts legislature's Joint
Committee on Taxation and the Joint Committee on Commerce
and Labor, and Economic Development Coordinator for the Town
of Watertown.
His
consulting experience includes:
- Preparing
over a dozen local and regional economic development plans,
including a successful federal Empowerment Zone application
- Evaluating federal, state and local economic and
community development programs, including the US Economic
Development Administration's Revolving Loan Fund Program,
the federal Empowerment Zone/Enterprise Community Program,
the Massachusetts' Community Development Finance
Corporation, and the Pew Charitable Trusts' Neighborhood
Preservation Initiative
- Completing feasibility analysis,
market analysis, financing packages, and marketing plans for
a dozen development projects, including brownfield sites,
mixed used developments, technology/research parks, office
buildings, and shopping centers.
Mr. Seidman
holds a Master's degree in Public Policy from Harvard's
Kennedy School of Government and a Bachelor's degree in
political science from Amherst College. He is the author of
over twenty-five reports and articles in books or
professional journals, the editor of a book on defense
conversion for economic development practitioners, and a
frequent speaker on economic development at professional
conferences.
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