MBL About Us
HISTORY OF MBL DEVELOPMENT CO.
MBL Development Co. was incorporated in 1991. Throughout our 29 years in the affordable housing development business, we have successfully constructed 25 communities. Currently MBL is looking to develop in Missouri, Iowa, Oklahoma and Kansas. All of our complexes were built within the timelines proposed and were leased quickly with above average occupancy rates. Our existing developments are well kept and well managed, most with long waiting lists.
MBL Development Co. is proud to have constructed our communities within very reasonable costs levels and requested the least amount of tax-credits necessary to build our properties in order to maximize the tax credit program.
Our current endeavor is to continue to develop and construct affordable senior and multi-family housing developments in Missouri, Iowa, Oklahoma and Kansas. We will also follow Green Building principles for environmental and safety measures for our residents. Our properties include Supportive Services that will enhance the well-being of our residents long-term so they can remain independent for as long as possible.
OUR TEAM MEMBERS:
D. Kim Lingle - President and Owner of MBL Development Co. Kim is proud of his small town Windsor, MO roots. He attended William Jewell College where he played basketball and attained degrees in Finance and Accounting. He worked in the banking industry for nine years until he went out on his own to pursue opportunities in the development and building of affordable housing. He started MBL in 1991. He named MBL after his daughter Meghan Bette Lingle.
Other key members of the MBL team include:
Roger Jared – Construction Superintendent. Roger has worked in construction since he was 15 years old. He has been in charge of construction for MBL since day one. He has supervised the construction of over 25 apartment projects in MO and Iowa for MBL.
Michelle Jennings – Vice President Development. Michelle has a bachelor’s degree in Accounting and a MBA and experience in accounting audit and financial analysis. After three years working as MBL’s external auditor, she joined the MBL Development team in 2012
Melody Costello - Operations/ Office Manager. Melody has a bachelor’s degree in Mass Communication and work experience in lending, compliance, insurance, marketing and training. She has been in her current role with MBL since 2016.