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Employee's Area


Keenan Rice Keenan Rice
President

Keenan Rice is the president of MuniCap, Inc. and has worked almost exclusively in the areas of urban renewal, economic development, and growth management for the last 25 years. Prior to founding MuniCap, Inc., Mr. Rice was the director of the Washington office of a major public finance consulting firm and a principal at one of the leading public finance consulting firms in California.

Mr. Rice was also a vice president at a major real estate development firm and begin his career as a real estate development loan underwriter for an insurance company and savings and loan. Mr. Rice graduated with honors with a degree in accounting and also received a master's degree in finance. He has been a guest lecturer at a number of universities and has been a guest speaker at numerous conferences hosted by the Government Finance Officer's Association, The Bond Buyer, the Urban Land Institute, and other professional associations.
Mr. Rice is a registered Municipal Advisor (Series 50).
 
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David Saikia David Saikia
Senior Vice President

Mr. Saikia has been an employee of MuniCap, Inc. for more than nine years and has assisted with the preparation and implementation of more than sixty public financing programs for development and redevelopment projects during that time. In his years with MuniCap, Mr. Saikia has developed a high degree of expertise in the area of researching and developing tax revenue forecasts. Mr. Saikia also has a high degree of expertise with fiscal analysis and the property valuation process. Prior to joining MuniCap, Inc., Mr. Saikia was an assistant to the City Manager of the City of Phoenix and, previously, a budget analyst for the Wisconsin Department of Transportation.

Mr. Saikia is responsible for drafting most of the studies MuniCap prepares estimating tax revenues available to repay bonds and probably has as much or more experience as anyone in the country in the development of these forecasts. This experience is leavened with extensive work with underwriters and the buyers of bonds, so that Mr. Saikia has a thorough understanding of the requirements and discipline of the financial markets relating to these studies.

Mr. Saikia has a Master of Public Affairs degree from the University of Wisconsin La Follette School of Public Affairs and a Bachelor of Arts from Penn State University, with a major in political science and a minor in English. Mr. Saikia received a Certificate of Merit from the Wisconsin Secretary of Transportation, the Penniman Award for the outstanding research paper for his graduate school class, and was a La Follette Fellow, a recipient of a full merit fellowship to graduate school. Mr. Saikia is a registered Municipal Advisor (Series 50).
 
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Emily Metzler Emily Metzler
Senior Vice President

Emily Metzler has served over ten years as part of the MuniCap team. Ms. Metzler is passionate about real estate, furthering economic development opportunities, and assisting with the critical thinking aspect of creative funding mechanisms. In her position, Ms. Metzler manages over fifty different large-scale, catalytic development projects and actively participates in all aspects of the financial structure of each deal from conception to capitalization, implementation, and administration post issuance. In addition, she is responsible for new business development efforts in the markets for which she serves. Clients include public entities such as Fairfax County, VA, Howard County, MD, and Montgomery County, MD, as well as private entities such as Gaylord, Forest City, Related Companies, Newland, and PN Hoffman. Since joining MuniCap, Ms. Metzler has assisted with the issuance of publicly marketed bonds in excess of $1.2 billion. Furthermore, she worked extensively on the Southwest Waterfront bond offering in the amount of $145,000,000, which received the highest bond rating in the District of Columbia for a comparable bond issuance, and the first ever bonds to be issued in the State of New York secured solely with special assessments pledged as security.

Ms. Metzler is a 2005 graduate of Clarion University. She graduated with a degree in both real estate and finance. Ms. Metzler was an active member of the Financial Management Association, played intramural basketball, and obtained her real estate license for the Commonwealth of Pennsylvania during her college career.

Following graduation from Clarion University, Ms. Metzler was hired into the management program at National City Bank, now PNC, where ultimately, she maintained the role of a branch manager and business lending banker before being hired at MuniCap.

Ms. Metzler is active in multiple organizations including the Association of Public Finance Professionals, Council of Development Finance Agencies, Women in Public Finance, and she is a registered Municipal Advisor (Series 50).
 
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Emily Metzler

Julie Mussog
Senior Vice President

Prior to joining MuniCap, Ms. Mussog was the President and CEO of the Anne Arundel Economic Development Corporation. In this role she has responsibility for directing all services and activities of economic development including attracting increased capital investments and expanding and diversifying employment opportunities. Just prior to this appointment she was the Controller for Anne Arundel County where she was responsible for the administration of County financial affairs, including collection of state and county taxes, all disbursements of county funds, bond sales, debt management and fund investment policies. She worked for Anne Arundel County for six years and has over fifteen years of experience in the private sector working primarily for Fortune 500 companies, including two national homebuilders.

Ms. Mussog’s educational background includes a Master of Business Administration from the University of Michigan Ross School of Business with a concentration in Finance and Corporate Strategy and a bachelor’s degree in Accounting and Finance from the University of Michigan Ross School of Business.

She is a graduate of Leadership Anne Arundel, the past president of the Junior League of Annapolis and a certified public accountant.

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Charles Kungu Charles Kungu
Vice President & IT Manager

Mr. Kungu's expertise is in the areas of public finance, public administration, tax increment financing, special district financing, parking revenue financing, special district administration, and information system technology. Prior to joining MuniCap, Inc., Mr. Kungu was a manager with Central Parking and was previously a financial analyst at two banks.

Mr. Kungu has an MBA in information systems from the University of Baltimore and a Bachelor of Science degree, summa cum laude, in business administration from Williams Baptist College. Mr. Kungu received numerous honors in his scholastic career, including being named to the conference scholar athlete team in soccer. Mr. Kungu is a registered Municipal Advisor (Series 50).
 
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Molly Dearstine Molly Dearstine
Vice President

Ms. Dearstine brings to MuniCap many years of experience with financial statement preparation and reporting. She has worked in the public accounting, construction, and television network industries where she was instrumental in developing, implementing and documenting internal controls and accounting systems and streamlining operations. She has also aided past employers in obtaining ISO9001 certification.

Ms. Dearstine has a Bachelor of Science, Business Administration degree from Bucknell University in Lewisburg, Pennsylvania where she graduated cum laude, with a major in accounting and a minor in management information systems. She is also a CPA, certified in the Commonwealth of Pennsylvania. Ms. Dearstine is a registered Municipal Advisor (Series 50).
 
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Amanda Norman May (Youfeng) Jiang
Manager

Ms. Jiang, an active CPA and CFP, is responsible for district administration efforts, including overseeing accounting and preparation of financial statements for special districts, coordinating with auditors, IRS compliance monitoring and arbitrage rebate calculations, advising on investment of bond proceeds, and review of requisitions for bond funds.

Ms. Jiang began her career at one of the “Big Four” accounting firms, providing assurance services for Fortune 500 companies, large national organizations, and public companies in real estate and financial service industries. She is experienced in accounting systems and processes design and implementation, internal control and IT general control evaluation, and business processes improvement.

Ms. Jiang graduated cum laude from University of Maryland, College Park with degrees in Accounting and Finance. She was an Accounting Scholar and Finance Fellow at Robert H. Smith School of Business. She serves as a mentor to accounting students and CPA candidates and is a member of the Maryland Association of Certified Public Accountants (MACPA) and the American Institute of Certified Public Accountants (AICPA). Ms. Jiang is a registered Municipal Advisor (Series 50) and registered Investment Advisor Representative (Series 65).
 
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Amanda Norman Kathy Lovaas
Manager

Ms. Lovaas is a Manager in MuniCap’s accounting department. Her primary responsibilities include preparing financial statements for special districts, coordinating with auditors, preparing arbitrage rebate calculations, reviewing requisitions for bond funds, and supervising staff for efforts related to journal entries, account reconciliations for project bank accounts held with trustees, and other accounting tasks.

Ms. Lovaas graduated cum laude from the University of Maryland with a degree in accounting. She is an active CPA, as well as a CGMA, Chartered Global Management Accountant.

Ms. Lovaas previously was the controller for Search Ministries, a non-profit based in Ellicott City, MD, where she was the primary accounting contact for the board, external auditors, and thirty field staff. She also was responsible for the design and implementation of internal controls. In addition, Ms. Lovaas previously held the title of internal audit manager at Giant Food, where she planned and supervised audits of retail, distribution, manufacturing, real estate, and construction subsidiaries. Ms. Lovaas is a registered Municipal Advisor (Series 50).
 
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Emily Metzler Debbie Halper
Manager

Ms. Halper is a manager in the accounting department and as such, is responsible for the accounting administration functions of post-bond issuance projects. She is a professional with fourteen years of experience as a controller in two privately held companies and an additional eight years in public accounting. In recent years, she served as controller for a Baltimore-based real estate developer specializing in mixed-use projects in revitalization areas. As the main accountant involved in all accounting aspects of several large projects, Ms. Halper brings specialized knowledge and insight from within a development company.

Ms. Halper received a Bachelor of Science degree in Accounting from University of Maryland, College Park and received her CPA license shortly thereafter.
 
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Amanda Norman Jaymie Sheehan
Manager

Ms. Sheehan is responsible for providing ongoing bond administration services to a number of tax increment districts, special assessment districts, and special tax districts. Services provided include but are not limited to annual budget preparation, financial record keeping and trustee oversight, project monitoring, parcel research, preparing continuing disclosure reports, and surveillance and reporting, including SEC required reporting obligations.

Ms. Sheehan has a Bachelor of Science Business Administration from Clarion University of Pennsylvania, where she graduated magna cum laude with a degree in Finance, Human Resource Management, and General Management. Ms. Sheehan was a member of the Clarion University chapter of the Society for Human Resource Management and the Society for Advancement of Management. Prior to joining MuniCap, Ms. Sheehan worked for the Clarion University Small Business Development Center. Ms. Sheehan is a registered Municipal Advisor (Series 50).
 
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Amanda Norman Osa Ogbebor
Senior Associate

Osa Ogbebor is responsible for providing accounting services as a part of MuniCap’s on-going bond and special district administrative services. These services include preparation of monthly account journal entries, bookkeeping, 1099 filling and year-end reporting.

Prior to joining MuniCap, Inc., Ms. Ogbebor worked as bookkeeper and payroll administrator with a CPA firm. In her prior role, she was responsible for filing 1099s, keeping general ledgers, preparing monthly account reconciliation, payroll services, individual tax preparation and year-end reporting for various small businesses.
 
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Amanda Norman Jackie Abraham
Senior Associate

Ms. Abraham is responsible for providing ongoing bond administration and compliance services to a number of tax increment districts, special assessment districts, and special tax districts. A primary focus of Ms. Abraham’s work is ensuring proper project surveillance and annual reporting, including monitoring and managing SEC required reporting obligations and deadlines. Major compliance services include oversight of compliance with SEC Rule 15c2-12 and related MSRB rules, which specifically applies to municipal securities, to ensure timely continuing disclosure.

Ms. Abraham has a Bachelor of Science degree from the Merrick School of Business, University of Baltimore, where she graduated cum laude, with a major in finance. Prior to joining MuniCap, Ms. Abraham served as a financial sales consultant at PNC Bank, was an agribusiness project manager for the United States Peace Corps, and served as a finance and compliance manager for the Akola Project in Jinja, Uganda. Each of these experiences have facilitated her growth in and provided strong expertise in economic development and public finance. Similarly, it has fostered her strength in her ability to communicate effectively and efficiently and manage deadlines, as well as client relations.
 
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Amanda Norman Eva Kamau
Associate

Ms. Kamau is responsible for providing ongoing bond administration services to a number of tax increment districts, special assessment districts, and special tax districts. These services include annual budget preparation, parcel research, account reconciliations and trustee oversight, general project management, and surveillance and reporting, including the preparation of SEC 15c2-12 annual reporting obligations.

Ms. Kamau has a Bachelor of Science degree from the Smith School of Business, where she graduated with a major in accounting and a minor in Spanish languages and cultures. Ms. Kamau received several honors in her academic career, including acceptance into the University of Maryland’s Scholars Program, where she completed a concentration in international studies and relations. While at Smith, Ms. Kamau received scholarships and participated in several internships with “Big Four” accounting firms and large financial services companies.

Prior to joining MuniCap, Ms. Kamau worked as a project manager and accounting manager for a real estate developer with an exclusive focus on the rehabilitation of historic properties.
 

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Amanda Norman James Bartnik
Associate 

Mr. Bartnik is responsible for providing ongoing bond administration and compliance services to a number of tax increment districts, special assessment districts, and special tax districts. Services include annual budget preparation, financial record keeping and trustee oversight, project monitoring, preparing continuing disclosure reports, and surveillance and reporting, including SEC required reporting obligations.

Mr. Bartnik has a Bachelor of Arts in economics from the University of Maryland, College Park. During his college career, Mr. Bartnik was a member of the Phi Theta Kappa Honors Society and served as a board member for the Real Estate Club. Prior to joining MuniCap, Mr. Bartnik worked as a project manager for Ryan Homes, where he was responsible for managing projects valued at $27 million. His prior experiences have allowed him to foster his skills in project management and knowledge of real estate development.
 
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Amanda Norman Max LeVee
Senior Associate

Mr. LeVee specializes in financial modeling and the implementation of public financing programs for numerous projects. Mr. LeVee’s responsibilities consist of project management, financial modeling, and analytical research related to tax increment, special tax, and special assessment financing.

Mr. LeVee obtained a Bachelor of Science degree from West Virginia University in business administration, with a focus in finance. Prior to joining MuniCap, Mr. LeVee worked for Wells Fargo in Collateral Trust Services. Mr. LeVee is a registered Municipal Advisor (Series 50).
 
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Joana Feimi Joana Feimi
Senior Associate

Ms. Feimi specializes in financial modeling and the implementation of public financing programs for numerous projects. Ms. Feimi’s responsibilities consist of project management, financial modeling and analytical research related to tax increment, special tax, and special assessment financing. Ms. Feimi handles the preparation of financial projections related to project feasibility, preparation of economic and fiscal impact analyses and reports related to financial analyses.

Ms. Feimi obtained a Bachelor of Science in Finance from University of South Florida and has a background in SBA commercial real estate lending and small business banking.
 
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Brady Richardson Brady Richardson
Associate

Mr. Richardson specializes in financial modeling and the implementation of public financing programs for numerous projects. Mr. Richardson’s responsibilities consist of project management, financial modeling, and analytical research related to tax increment, special tax, and special assessment financing. Mr. Richardson is also responsible for assisting with research and analysis related to reasonable proffers as provided by Virginia SB 549.

Mr. Richardson graduated Summa Cum Laude from Lenoir Rhyne University and earned a Bachelor of Science in both International Business and Finance. He was also a member of the Varsity Men’s Lacrosse team. Prior to joining MuniCap, Mr. Richardson worked for T. Rowe Price in the Corporate Strategy and FP&A group. He began his career at Wells Fargo Securities working in Derivative Operations.
 
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Kerry Blum Kerry Blum
Office Manager

Ms. Blum is responsible for corporate office management and in-house accounting functions. She also assists with MSRB compliance.

Ms. Blum has over twenty-five years of experience in accounting and office management and has worked in a diverse range of industries. She obtained an associate degree in accounting from Catonsville Community College.
 
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