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Affordable Housing Finance Magazine
Cheryl Potashnik, the co-owner of Southwest Housing Development, Inc., of Dallas, Texas, sells all of her bonds through Related's CharterMac.Last year, that totaled five deals representing $54 million."We know that they'll get to their closing," she said.
"I've never had a phone call go unreturned," said Cheryl Potashnik
Cheryl L. Potashnik, a/k/a ...
Cheryl L. Potashnik, a/k/a Cheryl L. Geiser, 38, Brian Potashnik's wife, is charged with one count of conspiracy to commit bribery concerning a state government receiving federal benefits, eight counts of bribery concerning a state government receiving federal benefits, one count of conspiracy to commit bribery concerning a local government receiving federal benefits, and four counts of bribery concerning a local government receiving federal benefits.
...Cheryl L. Potashnik was the chief operating officer and a principal of Southwest Housing Development Company, Inc. and the president and a principal of Housing Services Incorporated, formerly known as Housing Services of Texas.
If convicted on all counts, she
faces a maximum statutory sentence of 130 years in prison and a $3.5 million fine.
In Counts one through nine of the indictment, Terri Hodge, Brian L. Potashnik and Cheryl L. Potashnik
are charged with conspiracy to commit bribery and bribery in connection with Brian L. Potashnik and Cheryl L. Potashnik's payment of a significant portion of Terri Hodge's monthly rent and her entire monthly electric bill for an apartment at Rosemont at Arlington Park, an affordable housing development managed by Southwest Housing Management Corporation
In Counts 10 - 14, Hill, Lee, Farrington
, Brian L. Potashnik, Cheryl L. Potashnik
, Spencer and Slovacek are charged with conspiracy to commit bribery and bribery in connection with Brian L. and Cheryl L. Potashnik's bribery payments to Hill and Lee.
Hill and Lee used their official positions on the City Council and the City Plan and Zoning Commission
, respectively, to advance the business interests of Brian L. and Cheryl L. Potashnik
by causing the City Council and the City Plan and Zoning Commission
to approve zoning change and tax credit applications for proposed Southwest Housing developments in District 5.
Additionally, in Count 19, Hill, Lee, Farrington
, Robertson, Spencer and Slovacek, are charged with conspiracy to commit money laundering in connection with the bribe payments they received from Brian L. and Cheryl L. Potashnik
Founded in 1993 and owned by Brian and Cheryl Potashnik, Dallas-based Southwest Housing builds and manages affordable high-quality apartment communities for seniors and families living on low to moderate incomes.
Sixteen people were named in the ...
Sixteen people were named in the indictments, including Brian and Cheryl Potashnik, the couple that leads Southwest Housing Development Co., according to The Dallas Morning News.
HousingZone.com - News
Cheryl Potashnik, co-owner of Southwest Housing with her husband Brian, disputes the claim.She says there's still a lack of affordable units on the west side of the city, especially surrounding Stonebridge.
The development company wants the judge to order city support for the project, including action to help gain state funding. Ms. Potashnik
said Friday that her
company would continue to explore financing options for the project.