JIM SCHMID

FOUNDER/CHAIRMAN, CHELSEA INVESTMENT CORP.

WHY: Schmid has focused on the development of affordable housing in multiple cities since 1992. NOTABLE: His 45-year career has been varied; it has included project acquisition, financing, design, construction, marketing and property management of commercial, industrial and residential projects. IN THE NEWS: In May, Schmid turned over the CEO’s job at Chelsea to his son, Charles. Separately, Chelsea broke ground on a $188 million affordable housing campus in Clairemont. Its three projects are scheduled for completion in 2025 and 2026.