Enterprise Community Loan Fund (ECLF) is pleased to announce it has joined the Federal Home Loan Bank of Atlanta (FHLBank Atlanta). As an FHLBank Atlanta member ECLF will have access to new resources, allowing the organization to further its work in strengthening communities by ensuring that everyone has the opportunity to live in an affordable home connected to good schools, jobs, transit and health care. ECLF joins a small group of approximately 30 community development financial institutions (CDFIs) currently participating as member institutions in the Federal Home Loan Bank System, and is only the fourth CDFI to have joined the FHLBank Atlanta cooperative.
To learn more, read the press release.
The Housing Association of Nonprofit Developers is proud to share our newest program offering: Generation HAND, an emerging leader initiative designed to support the unique needs of practitioners who are on the rise within the affordable housing and community development industry. The goal of this initiative is to provide needed tools and guidance to our developing leaders as they pursue successful careers in the public and private sector.
The program will launch with an informative and in-depth panel discussion followed by a dynamic networking event for participants. The panel discussion will include seasoned professionals representing the various segments of HAND’s membership – Real Estate Development, Philanthropy, Finance, Government, Professional Firms, etc. Topics will include tips for professional success, personal anecdotes, industry trends, best practices, lessons learned and more!
We hope you will join us for this landmark event. By having a range of perspectives represented by leading industry experts who understand the inner workings of the field, a real opportunity for a well-rounded experience for all attending will occur. These kinds of interactions allow the next generation of real estate professionals to learn from this generation of leaders…and vice versa.
A consultant who uses his special skills to help develop supportive and mixed-income affordable housing communities, Chapman Todd’s ultimate goal is to end homelessness. By partnering with non-profit and for profit companies throughout the development process and helping them identify available resources that will provide capital, operating and services funding for supportive housing projects, Todd is doing his best to see homelessness ended in our region.
“I am particularly focused on ensuring that projects have sufficient and sustainable social services in place to provide the support necessary for all residents, especially for those that are exiting homelessness,” said Todd. “Additionally, I also specialize in helping community and government leaders by educating them on successful permanent housing models for people we are currently homeless.”
Todd successfully put these skills to work last year when construction began on the John and Jill Ker Conway Residences on North Capitol Street in NE Washington DC. The 124 unit apartment building is being developed by partners Community Solutions and McCormack Baron Salazar and designed by Sorg Architects with the ardent support of Todd, who has been Lead Consultant on the project since it was first considered several years ago. When the building is complete, the property will include 60 units specifically targeted for formerly homeless veterans, 47 units for individual households making 60% of the area median income or less and 17 units for residents referred by the District’s Department of Behavioral Health.
“Conway Residences is the result of strong partnerships between local and federal government leaders, philanthropy, services provides, faith community, neighbors and a number of other stakeholders committed to finding innovative ways to creating affordable housing, especially for people at low-income levels,” commended Todd. “I couldn’t be prouder to be part of this phenomenal team.”
Being a HAND member has certainly supported Todd in his consultancy work in a multitude of ways. Over the years, HAND has offered a number of trainings that have allowed him to gain information and knowledge of financing opportunities available in the metropolitan area. Additionally, now that the industry has an enhanced awareness of the challenges existing to create homes for individuals and families with very low-income levels, particularly those who are exiting homelessness, HAND has provided a needed forum for interested members to share experiences – and solutions – on how to meet this need head-on.
HAND is pleased to spotlight Chapman Todd, who certainly contributes to our organization’s COLLABORATION, INNOVATION and TRANSFORMATION within the metropolitan area!
Bob Adams, the Executive Director of Housing Virginia, noted, “This research definitively proves the value to residents of well-designed and administered standards for highly energy efficient construction. The impact on affordability for lower income families is substantial. Living in one of these apartments means a 10% increase in affordability for a household at 30% of area median income.”
The year-long study conducted by Housing Virginia and the Virginia Tech Center for Housing Research also finds that apartments designed, built and certified with the EarthCraft Multifamily green building program, which includes third party testing and inspection, outperform standard new housing by more than 40% with respect to energy consumption and provide benefits to residents including increased comfort and improved indoor air quality. Developers benefit from third party oversight to ensure field construction meets design specifications, resulting in a building with improved durability and increased occupancy rates.
“From a lenders’, investors’ or property owners’ perspective, investing in durable materials and energy efficiency is great business, whether the utilities are being paid by the resident or the property,” said Bob Newman, President and CEO of Virginia Community Development Corporation. “The reassurance of knowing that a third party is testing and certifying the effectiveness of the energy improvements is a great benefit to the builders, owners and financers that are taking advantage of these cutting edge technologies, materials and equipment.”
The reduced energy consumption reported in this study also translates to environmental savings; according to U.S. Department of Energy, buildings consume 41% of U.S. energy and 73% of U.S. electricity. This study documents an average monthly savings Housing Study Energy Graphicof 464 kWh per unit, which expanded to account for the 13,536 multifamily dwelling units certified to date, converts to 75 gigawatt hours saved annually. The environmental impact of these potential savings is equivalent to installing 14 wind turbines or providing energy needs for 4,742 homes (according to EPA Equivalencies Calculator).
“This study demonstrates the value of green building implementation through public-private partnerships to achieve monthly utility savings for residents, maximize equity investments, and support sustainable communities,” said K.C. Bleile, Executive Director at EarthCraft Virginia. “Given these results, we can all feel confident about implementing sustainable solutions and the future of housing.”
Read the full press release and download materials on Housing Virginia’s website here.
In Washington, DC, region, one of the most prosperous in the world, far too many hardworking people are spending so much on housing that they have a hard time paying for the other basics of life.
In the fall of 2013, Housing CAN retained strategic communications consulting firm, Wainger Group, to help CAN develop clear and compelling messaging that articulates its mission both internally and externally to the business community, real estate community, and government agencies and elected officials, and partners. As part of the process to develop a messaging platform, Housing CAN: Conducted interviews with practitioners, donors and influencers in the area of housing affordability in the District of Columbia; Reviewed media/coverage on housing issues; and Conducted a message development workshop with partners and network members. From this process, a messaging platform was developed. The platform consists of a core message and three supporting messages.
Core Message: Housing that is affordable is essential to our region’s future.
Supporting Messages
· Housing that is affordable is critical to economic growth, a thriving business community and a high quality of life.
· Housing that is affordable is essential to a regional economy that can compete effectively for talent in the workforce and in a marketplace that can attract new business and industries.
· Housing that is affordable is essential to economically and culturally diverse communities.
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Payments: Orders placed on the event registration page are not confirmed until payment is received. A confirmation email will be sent to the email address listed in your registration. If you paid by credit card, a receipt will be sent to the email address listed in your registration. If you mail a check, all payments must be received within seven days of completing your registration form. Checks should be remitted to: HAND, PO Box 48386, Washington, DC 20002
Guest List & Dietary Preference: If your registration includes a luncheon table or multiple guests, please submit guest names and menu choices by May 1, 2020. Submit guest names here.
Housing Expo: Plan to exhibit? Download the Housing Expo FAQs here.
Omni Shoreham Hotel Room Block: For attendees looking to secure overnight accommodations on May 25th, HAND has secured a rate starting at $189 for conference attendees. There are a limited amount of rooms available, so visit this link today to reserve your room. May 10th is the last day to secure a room at the discounted rate.
Ad Submission: The artwork for advertisements should be submitted to annualmeeting@handhousing.org. You can download the ad spec sheet here. Deadline for ad submission is April 13, 2020.
Cancellations & Changes: If you wish to cancel or change your registration for the Annual Meeting & Housing Expo, please send a request in writing to annualmeeting@handhousing.org. All cancellation requests made prior to April 27th will receive a 50% refund. For cancellation requests made after April 27th, no refund will be provided.
Door Prizes: Are you interested in donating a door prize to this year’s Annual Meeting? Email annualmeeting@handhousing.org to coordinate with our team.
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