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MM Development Advisors, Inc. is a Rochester, NY based real estate development and affordable housing consulting company founded by Monica McCullough in January 2016. The company is a New York State and Monroe County Certified Woman-owned Business Enterprise (WBE).  

Monica brings more than 20 years of experience in mission-driven housing and
community development. She has participated in the successful development of
more than $400 million in mixed-used, multi-family and single-family residential
properties located across New York, Pennsylvania, Indiana and Puerto Rico.

Monica began her career in affordable housing development at Providence Housing
Development Corporation as a college intern.  She returned in 2005 to serve as the
non-profit's second Executive Director. During her tenure, Monica successfully
managed an 800-unit property portfolio valued at $150 million and was responsible
for the development of eight affordable housing projects from concept to completion,
including the complex redevelopment of the historic Holy Rosary campus in
Rochester's Edgerton neighborhood and the adaptive reuse of a former Kodak
parking garage into Paul Wolk Commons, supportive housing for individuals receiving
mental health treatment.


Monica then served as Senior Vice President of Housing for PathStone Corporation,
where she provided executive leadership for the organization's real estate development,
housing counseling, and housing rehabilitation services located in New York, Pennsylvania, Indiana and Puerto Rico. Monica was responsible for an annual operating budget in excess of $10 million, a staff of 70, and a $150 million capital development pipeline of more than 15 active projects under development. 


Monica received her undergraduate degree in economics, cum laude, from the University of Rochester; a Master of Public Administration from the​ Maxwell School of Citizenship and Public Affairs at Syracuse University; and a Juris Doctor, magna cum laude, from the Syracuse University College of Law. She is admitted to practice in the State of New York.  

Monica has participated in a leadership capacity on the boards of several not-for-profit corporations in the Rochester area. She currently sits on the board of the Community Design Center of Rochester. 

Monica is an active resident of the City of Rochester who lives in the Highland Park neighborhood. Her past volunteer work includes serving as Board Chair of the South Wedge Planning Committee and Treasurer of the Corn Hill Neighborhood Association.  

This is an image of Monica McCullough, the president and founder of MM Development Advisors.
  • Financing Preservation Projects: An In-Depth Look at Resources in NYS, New York State Preservation Conference, April 2019

  • Representing Non-Profits, American Bar Association Community Development Law Forum, May 24, 2018

  • Development of Supportive Housing, Three Part Training Mini-Series, March 27, 2018

  • Joint Ventures: What's on the Table?, SHNNY Training Session, October 12, 2017

  • Getting into the Game: Real Estate Development for Dummies, ACLAIMH Conference, November 2, 2016 

  • Developing Supportive Housing through Collaboration, North American Housing and Special Needs Populations Housing Conference, October 11, 2016 

  • Affordable Housing 101 & Introduction to LIHTC, presented on various occasions

  • Determining Housing Development Feasibility: When to Move Forward & When to Move On, panel presentation at North American Housing and Special Needs Populations Housing Conference, October 2014

  • Hurdles & Rewards: Seeking Federal Historic Preservation Tax Credits for Religious Property Adaptive Reuse, panel presentation at Adaptive Reuse of Religious Properties Conference, March 7, 2013

  • Development of Affordable Housing During Challenging Times, panel presentation at North American Housing and Special Needs Populations Housing Conference, October 2010

  • Re-use of Vacant Diocesan Property for Social Missions, presented at Catholic Charities USA Annual Gathering, September 25, 2009

  • Funding Options for Affordable Rental Housing, presented at Upstate New York Design-Build Institute of America, April 1, 2009

  • Best Practices in Rural Housing Development for Non Profits: Partnership Models and Special Issues, presented at NYS Rural Housing Coalition Affordable Housing & Community Development Conference, October 10, 2006

  • Families Deserve Housing Options, Guest Essayist, Rochester Democrat and Chronicle, May 11, 2014, page A37

  • Charity Care Lawsuits: Are Nonprofit Hospitals Cheating the Poor or Simply Poorly Administered?, The Maxwell Review, April 2005

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