Foss & Company is comprised of a group of experienced professionals, representing the best in class within their respective fields. In this blog series, we highlight different Foss & Company team members to shine a light on the diverse and dedicated people that help make us who we are.
Next in the series is Jack Mans, Foss & Company Partner and Chief Financial Officer.
How did you get started in this industry?
I ended up here because I needed a job. I quit my former job and moved cross country in 2012. After growing up around the Jersey shore, it was time for a change, and I choose the Golden State. I had a family safety net living in the East Bay to help the transition, so I took that opportunity and packed my car for the cross-country trip. I really knew very little about the tax credit world at the time, but as a practicing CPA, I had a client who once qualified for HTCs from properties in New York City and Maine, so I had some surface level knowledge. I arrived in San Francisco in 2012 looking for a new job and met George Barry. I started the Monday following that meeting and the rest is history.
What interested you about this industry?
Seeing old, abandoned buildings and eye sores of many cities and communities converted into thriving places is truly amazing. There is a tremendous economic impact these tax credit programs offer. There’s a reason the federal and state governments create these programs and provide these incentives!
When did you join and what interested you about Foss & Company?
I joined in 2012 after my move to California and just as the Giants secured their 2ndWorld series win of the previous 3 years (fun timing!). While I was interested in the world of tax credits, I didn’t fully appreciate the role of Foss & Company played in this space or the impact of these tax credit programs. Early on, it became pretty clear to me after a site visit of an old, abandoned tobacco mill located in Winston-Salem, NC, that Foss & Company was involved in some fascinating projects. One of the most interesting things about working at Foss & Company is seeing so many exceptional projects and witnessing the economic impact firsthand.
What is one thing people may not know about Foss & Company?
While federal and state HTC programs are a large component of Foss & Company’s business, I’m not sure everyone realizes Foss’s expertise in the renewable energy space, particularly solar. Over my tenure here at Foss, I’ve seen our renewables team steadily grow and become a huge part of Foss’s expertise in the world of tax credits. Although it is impossible to predict the future, I expect this space will continue to grow rapidly as we see momentum towards ESG investing.
Any other insights you would like to add?
The tax credit industry is a relatively small community. There is no doubt it’s a challenging space, but it is also very rewarding space as I’ve learned over the years. There are new challenges daily which make each day unique. You are always learning something new whether it’s project, investor, or market related.