Ronald L. Mittelman, CPA/ABV/CFF

129 Glenmore Lane
Keswick, VA 22947-2156
(814) 466-9222
(814) 466-7904 (Fax)
(814) 571-0051 (cell)
ron@locusthillinc.com
1972-Present:
Certified Public Accountant (CPA):
Certified in Financial Forensics (CFF):

Corporate, Partnership, Estate, Trust and Individual Tax
Audit, Review and Compilation of Financial Statements
Forensic Accounting/Fraud Investigation
Management advisory services
Litigation Support Services/Trial Experience

1981-Present:
Accredited In Business Valuation (ABV):

Business Valuation:
  • Purchase or Sale, Divorce
  • Succession Planning
  • Estate and Gift Tax

Real Estate Development, Management and Consulting

Affordable Housing:

  • Low Income Housing Tax Credits
  • Historic Tax Credits
  • State Tax Credits
    • Multi-family
    • Elderly and Disabled

Market Rate Housing

  • Multi-family Rentals
  • Single Family/Multi-Family Development
  • Veterans Administration Builder ID # 4214
1989-Present:
Sole Shareholder/Sole Member - Locust Hill Companies
  • Locust Hill, Inc.
  • Locust Hill Realty, LLC
  • Locust Hill Consulting Services, LLC
  • Locust Hill RDC, LLC
1994-Present:
General Partner - Hotel Jermyn Associates, LP, Scranton, PA
  • Low Income Housing Tax Credit Units - Scranton, PA
1990-Present:
General Partner - Parkman Partnership II, Amherst, VA
  • Low Income Housing Tax Credit Units - Amherst, VA
2005 -Present:
General Partner - Parkman Partnership III, LP Amherst, VA
  • Low Income Housing Tax Credit Units - Amherst, VA
2008 - Present:
General Partner - Phelps Road Partners, LP, Madison Heights, VA
  • Low Income Housing Tax Credit Units - Elderly and Disabled - Madison Heights, VA
1989-1994:
Shareholder - KKM Properties, State College, PA
  • Low Income Housing Tax Credit Units - State College, PA
1978-1996:
President/Shareholder - Mittelman & Marshall, CPAs, State College, PA
1970-1978:
Vice-President/Shareholder - Central Counties Steel Erectors, Inc., State College, PA
1972-1976:
Staff Accountant - Mittelman, Levy, Blumenthal & Piper, CPAs, State College, PA
Education:
Bachelor of Science, The Pennsylvania State University, 1972. Major in Accounting
Professional: Member - American Institute of Certified Public Accountants (AICPA)

Member - AICPA Forensic and Valuation Services Section (FVS)

Member - Virginia Society of Certified Public Accountants

Associate Member - National Association of Certified Valuation Analysts

Member - National Association of Home Builders - Housing Credit Compliance Professional - (HCCP)

Former Member - Pennsylvania Institute of Certified Public Accountants

Former Member - Florida Institute of Certified Public Accountants

Credentials: Certified Public Accountant (CPA); Accredited in Business Valuation (ABV); Certified in Financial Forensics (CFF).

NACVA Annual Meeting - May, 1999 - Atlanta, GA. - Roundtable Discussion Leader - Valuation Issues in Divorce

NACVA Learning Institute, Boston, MA, August, 1998

Chairman - Pennsylvania Institute of Certified Public Accountants Budget and Finance Committee (1986-1988)

Committee Member - Pennsylvania Institute of Certified Public Accountants Budget and Finance Committee (1981-1985).

Committee Member - Pennsylvania Institute of Certified Public Accountants Committee on Continuing Professional Education (1987-1988)

Committee Member - Pennsylvania Institute of Certified Public Accountants Committee for Management of Accounting Practice Annual Conference (1988) (1992)

Member of Council - Pennsylvania Institute of Certified Public Accountants (1989-1993)

Committee Member - Pennsylvania Institute of Certified Public Accountants Committee on Annual Meeting (1990-1992)

Committee Member - Pennsylvania Institute of Certified Public Accountants Committee on Long-Range Planning (1990-1992).

Recent Continuing Education: NACVA Annual Consultants Conference
Boston, MA - 2009

AICPA/AAML National Conference on Divorce
Las Vegas, NV - 2010

VA Society of CPA's Annual Business Valuation Conference
Glen Allen, VA - 2010/2014

NACVA Annual Consultants Conference
San Diego, CA - 2016/2011

NACVA Annual Consultants Conference
Washington, DC - 2013

Numerous Webinars and NACVA State Chapter Meetings - 2009 to 2016

Licensed Certified Public Accountant - Virginia
Formerly Licensed in Pennsylvania and Florida

Expert Witness Testimony: Federal Court, Harrisburg, PA.
Federal Bankruptcy Court, Williamsport, PA.
PA Court of Common Pleas:
  • Centre County, PA.
  • Clinton County, PA.
  • Mifflin County, PA.
  • Clearfield County, PA.
  • Lycoming County, PA.
  • Blair County, PA.
  • Huntingdon County, PA.
  • Elk County, PA.
  • Jefferson County, PA.
  • Union County, PA.
  • Indiana County, PA.
  • Pike County, PA.
  • Clarion County, PA.

VA Court of Appeals, Alexandria, VA
Real Estate Experience: Property Management
  • Certified Property Manager - VHDA - 2007 to Present
  • HCCP Designation - NAHB - December, 2015
  • Phelps Road Partners, LP - 2013 to Present
  • Finch Towers - 2011 to Present
  • Parkman Partnership III, L.P. - 2005 to Present
  • Locust Hill Realty, LLC - 1996 to Present
  • Parkman Partnership II: 1996 to Present
  • Hotel Jermyn Associates, LP - 1997 to Present
  • Water Tower Associates, LP - 1996 - 1998
Development/Syndication/Consulting: Cedar 500 Associates, LP
Scranton, PA
Low Income Housing Tax Credits - 30 multi-family units

460 E. Broad Street
Tamaqua, PA
Low-Income Housing Tax Credits - 12 multi-family units
Syndication - 2011

Finch Towers Associates
Scranton, PA
HUD Project based rental assistance
Ownership Transition - 48 multi-family units - 2011

Affordable Housing Consultant - various projects
Jefferson Area Board for Ageing, Inc. - 2009 - Present
Developed Timberlake Place - 27 affordable housing units for elderly
Charlottesville, VA 22901

Phelps Road Place Apartments
Madison Heights, VA
Low Income Housing Tax Credits
22 Multi-Family Units - 100% ADA/UD/UFAS - 2007 - Present

St. Stanislaus Apartments
Nanticoke, PA
Low Income Housing Tax Credits; Historic Tax Credits
30 Multi-Family Units - Syndication - 2009

Tower Deer Run, L.P.
Drums, PA
Low Income Housing Tax Credits - 49 Town Homes
New Construction - 2007/2009/2010/2013

Dulwich Commons, Amherst, VA
29 For Sale Town Homes - 2007

Amherst Acres III
Amherst, VA
Low Income Housing Tax Credit - 10 Single Family Homes
2005/2006

Knob Creek Apartments
Mt. Pocono, PA
LIHTC Syndication - 2004

St. Gabriel's Apartments
Pittston, PA - Historic Tax Credit Syndication - 2004

Locust Hill Realty, LLC - Amherst, VA
10 Single Family Home Rentals - 2004 to present

Subsidized Housing Portfolio Assessment
600 units - 9 projects
Pennsylvania
Private non-profit client
1998

Cottages of Upper Allen
Subsidized Housing, Upper Allen Township, PA
1994 - 120 units Multi-Family

Water Tower Associates, L.P.
Low Income Housing Tax Credit, Historic Tax Credit, Columbia, PA
1994 - 1998; 60 units Multi-Family

Hotel Jermyn Associates, L.P.
Low Income Housing Tax Credit, Historic Tax Credit, Enterprise Zone Credit, Scranton, PA.
1994 - Present; 85 units Elderly and Disabled

Beaver Court Associates, L.P.
Low Income Housing Tax Credit, CDBG Financing, State College, PA
1992 - 1993; 88 units Elderly and Disabled

Sylvan View Associates, L.P.
Low Income Housing Tax Credit, State College, PA
1992 - 1994; 49 Single Family Homes - 16 acre subdivision

Lexington Park Limited Partnership
Low Income Housing Tax Credit, Historic Tax Credit, Altoona, PA
1991 - 1992; 24 units

Elm Street Limited Partnership
Low Income Housing Tax Credit, Historic Tax Credit, Titusville, PA
1991 - 1992; 18 units

Parkman Partnership II
Low Income Housing Tax Credit, Amherst, VA
1990 - Present; 5 New Single Family Homes

Parkman Partnership
Low Income Housing Tax Credit, Amherst, VA
1988 - 2004; 5 New Single Family Homes

References Available Upon Request







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129 Glenmore Lane     Keswick, VA 22947
814.466.9222 Ph     814.466.7904 Fax     814.571.0051 Cell