Birmingham Land Bank Authority Cuts Ribbon on a Home for the Holidays

One Community Update
December 13, 2024

Source: The Birmingham Times

Christmas came a bit early this year for one Birmingham resident. Michael Reed and his family are “Home for the Holidays”.

The Birmingham Land Bank Authority hosted a ribbon cutting for Birmingham’s newest housing development on Thursday in the historic Fountain Heights neighborhood for Reed and his family.

His new home, which will be a 1,500 square-feet structure will be the family domicile for him, his 14-year-old daughter, and 67-year-old mother. But it’s bigger than his home, he said. “My hope is to be a part of the revitalization of the city. I love Birmingham.”

The theme for the event, Home for the Holidays, emphasized the importance of family, community, and belonging, particularly during the holiday season.

The Land Bank launched the Accelerated Home Ownership Program (AHOP) last year with a goal of building 25 new homes in the Fountain Heights neighborhood. The development contributes to the city’s ongoing efforts to expand housing options and opportunities and foster neighborhood renewal.

Caroline Douglas, Executive Director of the Land Bank Authority, said the day marks a significant milestone in the Land Bank’s history, but it also marks as a special day for the Reed family.

“This is an example that you can change a community not having to do 100 homes at a time, but we can change it one house at a time,” said Douglas. “ … This house demonstrates the power of the Land Bank’s ability to take property that has been lying vacant, overburdened by delinquencies that no one would pay for, and we are able to transfer that to other owners to make it development ready.”

The first home, constructed by local builder QS Construction, represents a collaborative effort between the City of Birmingham, the Birmingham Land Bank Authority, and other community partners.

QS Construction is a leader in custom and affordable homebuilding, dedicated to creating high-quality homes that strengthen communities and improve lives. With a focus on craftsmanship and innovation, QS Construction partners with municipalities, developers, and community organizations to deliver housing solutions that meet the needs of residents and enhance neighborhoods.

“To see QS Construction, two African American men, this house in Fountain Heights… to see the quality of what’s behind us go up in Fountain Heights, that gives people hope,” she said.

 

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CEO

Alan Jaffa

Alan Jaffa is the Chief Executive Officer for Safeguard Properties, steering the company as the mortgage field services industry leader. He also serves on the board of advisors for SCG Partners, a middle-market private equity fund focused on diversifying and expanding Safeguard Properties’ business model into complimentary markets.

Alan joined Safeguard in 1995, learning the business from the ground up. He was promoted to Chief Operating Officer in 2002, and was named CEO in May 2010. His hands-on experience has given him unique insights as a leader to innovate, improve and strengthen Safeguard’s processes to assure that the company adheres to the highest standards of quality and customer service.

Under Alan’s leadership, Safeguard has grown significantly with strategies that have included new and expanded services, technology investments that deliver higher quality and greater efficiency to clients, and strategic acquisitions. He takes a team approach to process improvement, involving staff at all levels of the organization to address issues, brainstorm solutions, and identify new and better ways to serve clients.

In 2008, Alan was recognized by Crain’s Cleveland Business in its annual “40-Under-40” profile of young leaders. He also was named a NEO Ernst & Young Entrepreneur Of The Year® Award finalist in 2013.

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Esq., General Counsel and EVP

Linda Erkkila

Linda Erkkila is the General Counsel and Executive Vice President for Safeguard Properties, with oversight of legal, human resources, training, and compliance. Linda’s broad scope of oversight covers regulatory issues that impact Safeguard’s operations, risk mitigation, strategic planning, human resources and training initiatives, compliance, insurance, litigation and claims management, and counsel related to mergers, acquisition and joint ventures.

Linda assures that Safeguard’s strategic initiatives align with its resources, leverage opportunities across the company, and contemplate compliance mandates. She has practiced law for 25 years and her experience, both as outside and in-house counsel, covers a wide range of corporate matters, including regulatory disclosure, corporate governance compliance, risk assessment, compensation and benefits, litigation management, and mergers and acquisitions.

Linda earned her JD at Cleveland-Marshall College of Law. She holds a degree in economics from Miami University and an MBA. Linda was previously named as both a “Woman of Influence” by HousingWire and as a “Leading Lady” by MReport.

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COO

Michael Greenbaum

Michael Greenbaum is the Chief Operating Officer of Safeguard Properties, where he has played a pivotal role since joining the company in July 2010. Initially brought on as Vice President of REO, Mike’s exceptional leadership and strategic vision quickly propelled him to Vice President of Operations in 2013, and ultimately to COO in 2015. Over his 14-year tenure at Safeguard, Mike has been instrumental in driving change and fostering innovation within the Property Preservation sector, consistently delivering excellence and becoming a trusted partner to clients and investors.

A distinguished graduate of the United States Military Academy at West Point, Mike earned a degree in Quantitative Economics. Following his graduation, he served in the U.S. Army’s Ordnance Branch, where he specialized in supply chain management. Before his tenure at Safeguard, Mike honed his expertise by managing global supply chains for 13 years, leveraging his military and civilian experience to lead with precision and efficacy.

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CFO

Joe Iafigliola

Joe Iafigliola is the Chief Financial Officer for Safeguard Properties. Joe is responsible for the Control, Quality Assurance, Business Development, Marketing, Accounting, and Information Security departments. At the core of his responsibilities is the drive to ensure that Safeguard’s focus remains rooted in Customer Service = Resolution. Through his executive leadership role, he actively supports SGPNOW.com, an on-demand service geared towards real estate and property management professionals as well as individual home owners in need of inspection and property preservation services. Joe is also an integral force behind Compliance Connections, a branch of Safeguard Properties that allows code enforcement professionals to report violations at properties that can then be addressed by the Safeguard vendor network. Compliance Connections also researches and shares vacant property ordinance information with Safeguard clients.

Joe has an MBA from The Weatherhead School of Management at Case Western Reserve University, is a Certified Management Accountant (CMA), and holds a bachelor’s degree from The Ohio State University’s Honors Accounting program.

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Business Development

Carrie Tackett

Business Development Safeguard Properties