Raman Nayar (President)
Ray has been the President of AOF/Pacific since its incorporation in 1997. Ray is also the President of AOF/Golden State Community Development Corp., another California subordinate entity of The American Opportunity Foundation, Inc.

Ray has over thirty years of experience in the real estate industry, both as a builder and a developer. As an officer for various companies through-out the mid-west and western parts of the United States, his responsibilities included obtaining financing for, and the development and management of, hundreds of housing projects. These projects were financed using both conventional and governmental programs. He has also arranged financing through banks, savings and loans, and mortgage companies using taxable and tax-exempt bonds and FHA insured mortgages. The completion of construction projects in a timely manner and within budget has always been a priority to him. Ray has also provided marketing and leasing services for various projects he has developed.

Ray holds a Masters Degree in Architecture and a Real Estate Broker's license in the State of Colorado. He is an active participant in various Chamber of Commerce activities focusing on helping neighborhoods grow and has given seminars in the area of housing development. He is in his eleventh year as a board member of The Affordable Housing Clearing House, a nonprofit organization in Orange County, California and also serves as a board member of the Clearing House Community Development Financial Institution, a federally certified CDFI.

Philip J. Kennedy (Vice President and Trustee)
Phil is the President and a Trustee of The American Opportunity Foundation, Inc. (“AOF”). AOF is a Georgia nonprofit corporation organized to foster, own, support, and sponsor housing for moderate-to-low income persons and families and the elderly. AOF is exempt from federal income taxation under section 501(c)(3) of the Internal Revenue Code (“the Code”) and has received a group exemption as a central organization whose subordinates are recognized as exempt from federal income tax under Section 501(c)(3) of the Code. AOF/Pacific is a subordinate entity of AOF. Phil has served as President of AOF since 1991, and has been employed full time since 1995. During his tenure as President, AOF and its subordinate entities have been involved in the acquisition, rehabilitation, and ownership of over 7,000 affordable housing units in ten states. Under the requirements of the group exemption, AOF also directs and supervises the overall operations of AOF/Pacific and AOF/Golden State.

From 1983 to 1995, Phil was the Director, Executive Vice President, and Chief Operating Officer of Housing Systems, Inc. (“HSI”). HSI is a privately-owned corporation which owns and/or is the managing agent of more than 5,000 affordable housing units financed primarily through loans subsidized under various HUD programs. He was responsible for the overall operations at HSI, including the acquisition, management, and financing of the corporation’s projects.

Phil is a former staff accountant with Arthur Anderson & Company. He received a Bachelor of Science degree from the University of Florida and a Master of Professional Accounting degree from the University of Texas. He is a Certified Public Accountant licensed in the State of Florida.

Frederick Jung (Trustee) Fred has been a trustee since 1999 and serves in a voluntary capacity. He is a partner in the law firm of Jung & Sweat located in Los Angeles, CA.
Karin E. Quirk (Trustee) Karin has been a Trustee since 2001 and serves in a voluntary capacity. She is an attorney currently practicing in Bellevue, Washington.
Danniel Do-Khanh (Trustee) Dan has been a Trustee since the corporation's inception and serves in a voluntary capacity. Dan is an attorney in Irvine , California . He is also a Trustee for AOF/Golden State Community Development Corp.
Andrew Stephen Jones (Trustee) Steve has been a Trustee since 2001 and serves in a voluntary capacity. He works for Ameritas Life Insurance Co. in Costa Mesa, California as a Small Group Manager.