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Archive for month: February, 2019

Seven HAND Members Awarded Capital Magnet Fund

February 28, 2019
February 28, 2019

HAND is pleased to announce that seven of its members are recipients of Capital Magnet Funds. The Capital Magnet Fund helps low-income families and economically distressed communities by attracting investment for affordable housing and related economic development. The Capital Magnet Fund provides competitively awarded grants to CDFIs and qualified non-profit housing organizations to develop, rehabilitate, preserve, and purchase affordable housing for Low-, Very Low-, and Extremely Low-Income families. Capital Magnet Fund awards can be used to finance affordable housing activities as well as related economic development and community service facilities such as day care centers, workforce development centers and health care clinics.

Of the 116 applicants, the Capital Magnet Fund awarded a total of 38 organizations, 14 of which are nonprofit housing organizations, and 24 of which are CDFIs. $142.9 million was awarded in total. Awardees plan to develop more than 25,700 affordable homes, including 23,000 rental units and 2,700 homeownership units. Combined, 95% of all housing will be developed for Low-Income Families (80% of the Area Median Income or below).

HAND members who received funding are as follows:

  • Enterprise
  • Mission First Housing Group
  • Jubilee Housing
  • Low Income Investment Fund
  • National Housing Trust
  • Preservation of Affordable Housing
  • Volunteers of America

More details on the latest round of funding here. Congratulations to all awardees!

0 Comments/in HAND News, Member Events & Success Stories, Industry Highlights /by H.A.N.D.

HUD Seeks Applicants for $1.5 Million Funding Opportunity to Train Civil Rights Professionals

February 28, 2019
February 28, 2019

HUD’s Office of Fair Housing and Equal Opportunity (FHEO) has announced $1.5 million in new funding to create and relaunch a specialized training academy dedicated to preparing civil rights professionals to combat housing discrimination. Named for the Nation’s first African-American woman to hold a cabinet-level position, the Patricia R. Harris National Fair Housing Training Academy (NFHTA) will train civil rights professionals nationwide and provide a clearinghouse of fair housing education and outreach material.

The Fair Housing Act makes housing discrimination illegal on the basis of race, color, national origin, religion, sex, familial status, and disability. This includes housing discrimination in renting or buying a home, getting a mortgage, seeking housing assistance, or engaging in other housing-related activities.

About NFHTA
Through this premier training academy, the chosen applicant and FHEO will provide training related to housing discrimination, civil rights history, and current housing discrimination trends, and will teach methodologies to assess housing discrimination at local, state, and national levels. NFHTA will prepare civil rights professionals to understand the investigative process and to increase the efficiency and effectiveness of complaint processing. NFHTA will also serve as a think tank and conduit through which current and future generations of civil rights professionals share and explore best practices and raise industry standards. This includes the creation of a consistently evolving clearinghouse of fair housing education and outreach materials.

FHEO and the chosen applicant will select appropriate modalities to teach civil rights professionals. It is anticipated that HUD and the applicant will offer at least six high-quality trainings per year (each training lasting 24-32 hours and training approximately 20-30 persons). Trainings may include a blend of pre- and post-training reading materials, in-person trainings, webinars, videos, and/or other effective methods to create an environment that achieves identified outcomes.

Applicants must identify at least one individual (or a cadre of individuals) with at least two years of demonstrated experience conducting investigations, litigation, and/or education and outreach under the federal Fair Housing Act and/or state or local laws that HUD has determined to be substantially equivalent to the Fair Housing Act. Necessary experience includes delivery of training courses, ongoing review of courses to ensure accuracy and relevance, and development of new courses and new course delivery methods. Applicants must also have experience marketing training services to potential users. Identified individuals may include staff, contractors, or consultants.

How to Apply
HUD’s Community Compass Technical Assistance and Capacity Building program Notice of Funding Availability (NOFA) for fiscal years 2018 and 2019 was published to Grants.gov on Monday, December 17, 2018, under funding opportunity number FR-6200-N-06. Due to the government shutdown that began on December 22, 2018, HUD has extended the application due date to 11:59:59 PM EDT on March 14, 2019. The NOFA text and all other application requirements remain the same.

In addition to reading the full NOFA announcement on Grants.gov, potential applicants are encouraged to view the information about the NOFA on the Community Compass NOFA page. The NOFA page will be periodically updated to include Frequently Asked Questions, links to pre-recorded webinars, webinar presentation slides, and other relevant information.

0 Comments/in HAND News, Opportunities /by H.A.N.D.

UMD Team Makes Return to Final Four in HUD’s 2019 IAH Competition

February 28, 2019
February 28, 2019
By Dan Novak, Contributing Writer, University of Maryland Colvin Institute of Real Estate Development Newsletter

An interdisciplinary team of graduate students from the University of Maryland’s School of Architecture, Planning and Preservation landed one of four final slots in the sixth annual HUD Innovation in Affordable Housing (IAH) Student Design and Planning Competition. After beating out over 70 teams from some of the most prestigious graduate programs in the United States, UMD will go head-to-head against University of California-Berkley, Yale University and Virginia Polytechnic and State University on April 17, at HUD’s Washington, D.C., office to defend its winning title. UMD has reached the final four each year it has participated in the competition since 2016, winning second place in 2016 and first place last year.

“We are delighted to have made the final four in the three times that we have participated in this very prestigious competition,” said Maria Day-Marshall, Director of UMD’s Real Estate Development Program. “I believe our success is reflected in the interdisciplinary nature of the School of Architecture, Planning and Preservation, and the quality of work of our students.”

On Team Maryland is team leader Kyle Huck (M.ARCH, MRED); Casey Huntington (M.ARCH, MRED);Lauren Stamm (M.C.P.); Andrew Mazer (M.ARCH); and Nyasha Mandima (MRED). Day-Marshall and Bonstra/Haresign’s Rob McClennan, AIA, are the team’s advisors.

The HUD IAH challenges interdisciplinary, graduate-level teams to address social, economic and environmental issues surrounding a real-world housing problem in the United States by developing innovative and original solutions through development, design and finance. The competition is guided by the philosophy that ideas and innovations from the next generation of professionals are essential in tackling affordable and sustainable housing.

This year, teams are designing a development on a new 2.58-acre site adjacent to the famous River Walk near downtown San Antonio. The San Antonio Housing Authority would like to add to its public housing communities by building approximately 100 new mixed-income workforce dwellings along with commercial mixed-used space and amenities. Teams were asked to maximize diversity in their designs-diversity of uses, diversity of incomes and diversity of unit sizes. The first round of the competition required schematics and a preliminary pro forma.

“Our team is thrilled to be able to continue to participate as finalists,” Huck said. “We have invested significant time and effort into crafting a unique proposal to respond to the site’s specific needs. It has been a great opportunity for us to work in an interdisciplinary environment and we look forward to continuing to improve our design.”

The teams will refine their projects and produce more detail in the weeks leading up to the competition, aided by a site visit in early March. The first place team is awarded $20,000. To learn more about HUD’s IAH competition, visit their website.

0 Comments/in HAND News, Member Events & Success Stories, Industry Highlights /by H.A.N.D.

Arlington County Board Advances American Legion/APAH Redevelopment

February 28, 2019
February 28, 2019

By a unanimous vote, the Arlington County Board recently approved necessary rezoning, the project site plan, and $5.8 million in funding from the Affordable Housing Investment Fund (AHIF) to support redevelopment of American Legion Post 139. The Arlington Partnership for Affordable Housing (APAH) will build 160 affordable apartments, half set aside for veteran’s preference, as well as a new facility for the American Legion.  The apartments will be committed affordable for 75 years and will be built on the current Post site on Washington Boulevard.

APAH and American Legion are committed to meeting the evolving needs of today’s veterans. Nearly 236,000 veterans in the DC area are housing cost-burdened, paying over 30% of their income for rent, and many have service-related disabilities. Arlington has a well-documented need for affordable housing, having lost nearly 90% of market affordable homes between 2000 and 2016. The new complex will include 48 one-bedroom apartments; as well as 87 two-bedroom and 25 three-bedroom units to meet the needs of veteran and low-income families. A new 6,000 SF American Legion facility will be a hub of innovative programming to meet the needs of today’s veterans.

Joe Simonelli, Colonel, US Army Retired and chair of Arlington’s Military and Veterans Affairs Committee noted, “This is a huge step toward Arlington County showing ‘thank you for your service’ to our veterans, and not just saying it.” Click To Tweet

Read the full press release here.

0 Comments/in HAND News, Member Events & Success Stories, Industry Highlights /by H.A.N.D.

PNC Celebrates Black History Month

February 28, 2019
February 28, 2019

Denise Rolark-Barnes of the Washington Informer engages Chris Myers Asch and George Derek Musgrove, authors of Chocolate City:  A History of Race and Democracy in the Nation’s Capital.

On February 21, PNC hosted its 2019 Black History Month Celebration: a thoughtful discussion with Chris Myers Asch and George Derek Musgrove, the authors of Chocolate City:  A History of Race and Democracy in the Nation’s Capital.

The dynamic program opened with the audience singing “Lift Every Voice and Sing” in unison, followed by a dynamic conversation. Moderated by Denise Rolark-Barnes, publisher of The Washington Informer, Asch and Musgrove delved into how they decided to write the book, remarkable moments in DC’s history and more.

Thank you to PNC for hosting a wonderful event!

0 Comments/in HAND News, Member Events & Success Stories /by H.A.N.D.

Save the Date | PRO Neighborhoods Launches on March 4

February 27, 2019
February 27, 2019

On March 4, 2019, JPMorgan Chase is opening its sixth Partnerships for Raising Opportunities in Neighborhoods (PRO Neighborhoods) CDFI Collaborative Competition.

JPMorgan Chase launched PRO Neighborhoods – a five-year, $125 million effort – in 2016 to address neighborhood quality issues that are among the biggest drivers of income and wealth inequality. Thriving neighborhoods are critical to the long-term economic success of individuals, communities and cities, but every city faces its own set of challenges and needs a localized, inclusive strategy.

To address these challenges and source innovative models, JPMorgan Chase hosts an annual competition that encourages Community Development Financial Institutions (CDFIs) to develop creative partnerships and invest in local solutions that advance a comprehensive, strategic vision for the community.

To date, JPMorgan Chase has hosted five competitions, awarding more than $98 million to 25 groups of CDFIs across the country – work that’s highlighted in a progress report by the Joint Center for Housing Studies of Harvard University. The report found that after its $68 million investment, the winners of the first three competitions raised an additional $713 million in outside capital, issued over 21,000 loans to low-to-moderate income customers, and created or preserved over 3,000 affordable housing units and 11,000 quality jobs.

COMPETITION DETAILS

JPMorgan Chase is soliciting proposals for two opportunities:

‘Planning for Equitable Development Grants’ aka ‘planning grants’ for local multidisciplinary leaders, such as economic development focused government agencies, community development organizations, to identify the greatest needs facing their communities and develop a new equitable neighborhood plan. These plans will outline a vision and approach for how a capital strategy by a collaborative of CDFIs can address some of the biggest barriers to opportunity in distressed neighborhoods. Successful applicants will be eligible for a one-year grant of up to $100,000.

‘Collaborative Capital for Equitable Development’ aka ‘capital grants’ for CDFI Collaboratives that are proposing a capital strategy to advance an existing equitable neighborhood plan that addresses a documented challenge within their neighborhood(s). We are looking to support proposals that outline how the CDFIs will create a direct link from capital investment to the larger vision. Successful applicants will be eligible for a three-year grant of up to $5 million.

Applications are encouraged from the full list of eligible markets, as well as encouraged to (1) be specific about the neighborhoods and populations they are serving, (2) support the growth of diverse led CDFIs, (3) build the balance sheet of CDFIs with net assets of less than $75 million, and (4) support innovative strategies by local CDFIs that combine balance sheets, talent and technology to advance economic opportunity in distressed neighborhoods.

The RFP launches on March 4 and proposals are due by April 22 midnight PST. Winners will be announced in October.

INFORMATION CALL

Opportunity Finance Network (OFN) is hosting an informational call with JPMorgan Chase’s Colleen Briggs and Mercedeh Mortazavi to answer your questions about the program and RFP:

Date: Wednesday, March 20, 2019
Time: 1:00 – 2:00 PM EST
Please RSVP here: http://attendee.gotowebinar.com/register/1749837967768176641

Questions? Email cdfi.requestforproposal@jpmchase.com.

0 Comments/in HAND News, Opportunities /by H.A.N.D.

Fellowship Square Honored with Community Involvement Award

February 4, 2019
February 4, 2019

Fellowship Square staff accept the Best Community Involvement Program Award.

Fellowship Square and its four affordable housing communities in Northern Virginia and Maryland were recently honored with the 2018 “Best Community Involvement Program” Award from S.L. Nusbaum Realty Co., at the national multi-family property manager’s annual awards luncheon in Norfolk, Va.

  • With 670 apartments serving more than 800 residents, Fellowship Square provides affordable housing and support programs – including pastoral care and counseling – for people aged 62 and older who have limited incomes.
  • The organization’s communities in Hunters Woods (Reston, Va.), Lake Anne (Reston, Va.), Lake Ridge (Woodbridge, Va.) and Largo Landing (Upper Marlboro, Md.) were recognized for building strong communities that connect residents and staff and that engage the surrounding neighborhoods.

Affordable housing is a critical issue challenging the Northern Virginia/greater DC region. Yet, the vulnerability of seniors on limited incomes is often overlooked when it comes to housing solutions. Fellowship Square is proud of the work it is doing to providing housing and support services to this vulnerable – and growing – population of local seniors.

You can read the full press release here. Congratulations to the Fellowship Square team!

0 Comments/in HAND News, Member Events & Success Stories, Industry Highlights /by H.A.N.D.

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Annual Meeting Important Information

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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