Laurence Tisdale Member of the Board of Governors

Laurence S. Tisdale is an advocate of affordable housing and is president, founder, sole shareholder and the Associate Real Estate Broker of Larc Community Development Group, formerly LarC Properties, Inc. Since 1991, Larc has developed or preserved over 6000 units of affordable housing throughout the state of Michigan.

Mr. Tisdale is currently the President or Managing Member of 29 housing projects consisting of over 3800 units. Recently, Larc has ventured outside the state of Michigan to use its development expertise to provide housing and enhance the lives of residents in other states.

Larc has extensive experience in developing properties using a variety of financing as well as affordable and low income funding related programs. By creating and building relationships with affordable housing lenders and investors throughout the United States, Mr. Tisdale has been able to take advantage of several financing resources and use creative funding to revitalize housing projects that would otherwise not be possible.

After graduating from the University of Michigan Ross School of Business with a Bachelor of Business Administration in 1984, Mr. Tisdale joined Related Corporation in New York City as a Vice President of both Related Companies, Inc. and Related Capital Corporation. Mr. Tisdale is the past president of Jewish Apartments and Services of Metropolitan Detroit, and a current board member of its’ successor agency, Jewish Senior Life of Metropolitan Detroit, both, nonprofit 501c(3)’s providing affordable housing and assistance with activities of daily living
services for seniors in the Detroit Metropolitan area. Mr. Tisdale is an active board member of the Michigan Housing Council, a non-profit organization created to further the development, finance, management, and rehabilitation of affordable housing in Michigan. In addition, Mr. Tisdale is the past President of the Southfield Non-Profit Housing Corporation and past President of the City of Southfield Housing Commission. Mr. Tisdale has been a Certified Public Accountant in Michigan since 1984.

He is a Board Member since June 2016.