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James J. Schmid, Principal

During his nearly 40-year career, Jim’s responsibilities have included project acquisition, financing, design, construction, marketing and property management of commercial, industrial and residential projects throughout the country. For the last twenty five years, he has focused on development of affordable housing. A respected authority in all aspects of real estate development and management, Jim is a former lecturer for the MSRE degree program at University of San Diego, Past Chairman of the San Diego Building Industry Association, and sought after panelist and speaker. He is a passionate advocate for the creation and preservation of safe, accessible, and affordable housing; his service to the industry has recently been acknowledged by his induction into the Building Industry of San Diego Hall of Fame.

In addition to being responsible for the strategic management of BCCC, Jim is CEO of Chelsea Investment Corporation, and an attorney with an advanced degree in tax law.


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Jerry Hannon, Director of Special Business Lines

Jerry Hannon has been part of the BCCC team since 2004. In addition to managing the investing and oversight of BCCC’s New Market Tax Credits portfolio, he has experience in creating and maintaining foreign insurance captives. Jerry holds a Bachelor’s Degree in Accounting and, prior to joining BCCC, was employed in public accounting, working largely in the real estate and construction industry.