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Members-Only Portal

March 1, 2018
March 1, 2018

ACCESS THE MEMBERS-ONLY PORTAL


Ready to Access the Members-Only Portal?
We are pleased to welcome you to the Members-Only Portal of HAND’s website! The portal is an opportunity for HAND to not only streamline our processes, but most importantly enhance your member experience. We encourage you to take a look around, update your profile and connect with other HAND members. Moving forward, this will be your one-stop shop for exclusive member benefits like access to training materials, event registration and more.

Let’s get started!
When you log in, you can update your profile (it is searchable to help people find you), renew your dues, register for our next event and more! NOTE: If you are your organization’s Member Liaison, or “Key Contact,” you are essentially the manager of your organization’s profile. You have the authority to access your company’s profile, and add or remove staff members among other capabilities.

Adding colleagues to your organization’s profile
If you are an organization’s Key Contact (Member Liaison), you can add or remove “Linked Profiles” for other staff members. To manage these profiles simply follow these steps:

  • Log into the Members-Only Portal.
  • Click the “My Profile” link underneath your name tag.
  • Hover over the “My Profile” heading at the top of the screen.
  • Click “Your Organization.”
  • Click “Individual Profiles.”
  • At this point, you will be able to see all of the Linked Profiles for your organization. You can also change the designated Key Contact at any time (please email cbattle@handhousing.org if you change the Key Contact).
  • Click “Create Linked Profile” to add a Linked Profile. All you need is the name and email to get started, and he or she can build out their profile once they log in for the first time. To remove a staff member, click “Unlink” next to their name.

ACCESS THE MEMBERS-ONLY PORTAL

Check out our FAQs document for more helpful information!

Questions?
Contact HAND’s Membership Director, Courtney Battle at cbattle@handhousing.org.

Pathway to Purchase Home Buyers Assistance Program

July 11, 2017
July 11, 2017

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If you are a first-time home buyer, you could be eligible for up to $10,000 in down payment and closing cost toward the purchase of your first home! The Pathway to Purchase Home Buyers Assistance Program is offered by Prince George’s County Department of Housing and Community Development. Check out more details here!

DCHFA Appoints Director of Multifamily Lending and Neighborhood Investments

October 14, 2016
October 14, 2016

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The District of Columbia Housing Finance Agency’s (DCHFA) Executive Director Todd A. Lee recently named Christopher E. Donald, Director of Multifamily Lending and Neighborhood Investments (formerly the Public Finance department). Donald will oversee the day-to-day operations of the department, which financed 14 developments in Fiscal Year 2016, and will result in the production or preservation of 2,090 affordable units for D.C. residents.  “Christopher’s background in real estate finance and zeal for community building is the precise combination of skills and approach necessary to lead DCHFA’s multifamily division,” remarked Executive Director Lee on Donald’s hiring. To read the complete press release, click here.

Save the Date: 2016 Community Development Finance Conference

July 18, 2016
July 18, 2016

CityFirst Foundation

Multifamily Housing Notice 16-10 – Maryland QAP & Guide

July 18, 2016
July 18, 2016
DHCD Multifamily Notice has been issued.

The Maryland Department of Housing and Community Development has initiated the process to revise the Qualified Allocation Plan (QAP) and Multifamily Rental Financing Program Guide (Guide). This notice is an update regarding progress to date and next steps.

Maryland Department of Housing and Community Development Announces Fiscal Year 2017 Application Round for Project C.O.R.E. Funding

July 18, 2016
July 18, 2016

 

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NEW CARROLLTON, Md. (July 12, 2016) – The Department of Housing and Community Development has opened the FY17 application round for Project C.O.R.E. funding.

Project C.O.R.E., or Creating Opportunities for Renewal and Enterprise, is a state initiative to eliminate blight in Baltimore City and make way for new green space, new affordable housing, mixed-use development and expanded opportunities for businesses.

The Department will prioritize awards to those projects that will have a strong positive economic and revitalization impact. In addition, projects that can be completed quickly and with relative certainty of achieving the project-specific goals will receive preferences in scoring.

Applications are due August 19, 2016, at 3 p.m.

For more information and to apply, download:

For more information about Project C.O.R.E., visit http://dhcd.maryland.gov/ProjectCORE/.

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CONTACT: Sara Luell, Director of Communications, sara.luell@maryland.gov, 301-429-7803

Maryland Affordable Housing Trust – Round 40 is open

July 18, 2016
July 18, 2016

The Maryland General Assembly created the Maryland Affordable Housing Trust (MAHT) in 1992. The Trust is an instrumentality of the State, governed by a Board of Trustees appointed by the Governor, and staffed by the Maryland Department of Housing and Community Development. A portion of the interest generated by title company escrow accounts funds the activities of MAHT.

Funds are awarded as loans or grants based upon the financial structure needed to make the project viable. Although MAHT reserves the right to make its funding available as interest-bearing loans, funding for project-specific capacity building, operating expenses, and support services are generally made as grants. Funding for pre-development costs is generally repayable upon the closing of permanent financing for a project.  Funding for capital costs is offered as deferred-payment loans or recoverable grants payable if the project is sold and/or ceases to be used for low-income occupancy.

Deadline for application is August 31, 2016. Maximum award amount is $75,000.

Interested in knowing more or applying for funding? Click here for more information.

 

25th Anniversary Special Spotlight: Capital One Helps to Transform Fells Point Station, Baltimore

April 18, 2016
April 18, 2016
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Fells Point Station lobby

Headquartered in McLean, Virginia, Capital One is a committed community partner located right in our own backyard. With branch locations primarily located in New York, New Jersey, Texas, Louisiana, Maryland, Virginia, and the District of Columbia, Capital one applies the principles of innovation, collaboration and empowerment to its communities across the country. The bank recognizes that housing plays a crucial part in neighborhood revitalization and economic recovery; and in 2015 alone, Capital One provided almost $1.5 billion in affordable housing loans.

Walk into the lobby of the new Fells Point Station in Baltimore and you will be able to see Capital One’s commitment for yourself.

With contemporary gas-burning fireplace a huge flat-screen TV mounted on a stone wall, the area feels more like an upscale hotel lobby than the entrance into a mixed-income community that was once an abandoned police station.

For 19 years, Fells Point Station sat as a bombed-out shell—its roof had collapsed, and the entire building was in danger of crumbling to the ground. Today, the original 16,000-square-foot 1800s brick and masonry building is completely renovated, with a 37,000-square-foot addition joined to it by a glass structure that serves as the lobby entrance. It is the first new construction in this neighborhood—Baltimore’s oldest, and a major shipbuilding center in the 1700s and 1800s—in over 50 years.

A mixed-income, mixed-use building, it exemplifies how reclaiming old buildings can mean turning dilapidation into beauty, while helping the city’s low-income residents. The building houses 47 one- and two-bedroom apartments. There’s free Wi-Fi, a ground-floor retail space, an exercise room, a multipurpose room for residents, an elevated courtyard, and a green roof above 33 enclosed parking spaces. In an up-and-coming neighborhood like this, Fells Point Station was built to stand the test of time and to blend in with other new and renovated properties in the area.

Baltimore native and former commissioner of Baltimore’s Housing and Community Development, Daniel Henson spearheaded the Fells Point Station project – and through his company, The Henson Development Company, partnered with Mission First Housing Group on the development. The two companies had worked together several times before, most notably in the development of affordable senior and family developments in DC Golden Rule Plaza and Severna.

To get the financing started, Capital One provided an $8.44 million construction loan and a $1.85 million permanent loan. Additional funding sources included $9.1 million in LIHTC equity and another $634,000 in funding stemming from the property being a qualified historic rehab project. Both streams of tax benefit were syndicated by Hudson Housing Capital to Capital One as the sole investor. The City of Baltimore and the Maryland Department of Housing and Community Development provided other development funding through subordinate loans.

Fells Point 3a

The roof top garden at Fells Point Station

Originally, in 2006, Henson wanted to develop luxury condos on the city-owned site, but then the economy took a nosedive. He quickly discovered that moving toward tiered-income levels helped him qualify for tax credits that could provide needed development capital. Henson, who grew up poor in the Poe Homes nearby, understood what affordable housing could mean to a community. In negotiating with Fells Point community leaders, he learned that the neighborhood liked the idea of making the building 70 percent affordable with the other 30 percent at market rates—bringing a diverse group of new residents into the area.

For one resident, Colin Charon, 53, living at Fells Point Station helped him get his life back on track. Once an assistant to the famous photographer Annie Leibovitz, Charon fell on hard times. While homeless for five years on Baltimore’s streets, he almost drank himself to death due to a one-gallon-a-day vodka habit. He hit rock bottom after a visit to the doctor where he was given a formal letter explaining that if he didn’t stop drinking immediately, death was imminent. That letter now hangs on the wall in his apartment as a constant reminder of just how far he’s come. Sober for over two years now, Charon works as a carpenter and pays just $659 a month in rent—which is half the market rate. He also has a 19-year-old daughter in college.

Colin Charon, Fells Point Station resident

Colin Charon, Fells Point Station resident

 

 

 

 

 

“When I bring my daughter here,” he says, looking at a photo of his daughter, “it is very important for me to show her that I live in a great place and that I am a good person.”

And for Capital One, being a HAND member means a great deal in helping others like Charon.

“HAND is unique in that it affords its members the opportunity to both derive and provide value from engaged membership,” said Ed Delany, senior vice president and senior capital officer, Community Finance, Capital One. “As an organization that connects, supports, educates and inspires affordable housing professionals and advocates across the region, HAND offers networking, teaching and training opportunities, a platform to share best practices and a forum to discuss issues of importance to our everyday work.”

25th Anniversary and 2016 Annual Meeting & Housing Expo sponsor, HAND is pleased to spotlight Capital One as a member who certainly contributes to our organization’s COLLABORATION, INNOVATION and TRANSFORMATION within the metropolitan area!

 

Show us your HAND – Share a “We are HAND” video!

April 13, 2016
April 13, 2016

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For our upcoming 25th Anniversary Video, we are asking for your help in showing the world the many faces of HAND. We invite you and your team to show your HAND spirit by submitting a “We Are HAND!” clip for our 25th Anniversary!

Send us a short video of you (or you and your team), smile into the camera and say: “We are (name of your organization) of (state) and we are HAND!”

Just that simple…and you could be featured in the HAND 25th Anniversary video premiering at our 2016 Annual Meeting & Housing Expo on June 21st!

For more information and a short ‘how-to’, click here!

 

25th Anniversary Special Spotlight: CohnReznick, the Collaborator

April 4, 2016
April 4, 2016

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Q: Tell us about CohnReznick.

A: As one of the leading accounting, tax, and advisory firms in the country, CohnReznick also has one of the largest and most technically savvy affordable housing practices in our industry. More than 750 experienced professionals in 26 offices provide our clients with value-added services at each stage in the life cycle of a project—from pre-application to Year 15 to the post-tax credit period. In doing this, we draw upon the knowledge of dedicated practice groups in tax credit advisory, real estate development, construction, renewable energy, valuations, and transactions to provide clients with an integrated, one stop resource that helps our clients succeed. Our Office of Governmental Affairs provides a direct connection to the federal and state legislative initiative impacting project development, grant applications, and transactional activity.

Q: Share a key program or initiative that CohnReznick championed recently.

A: Many of the Firm’s contributions to the Affordable Housing industry revolve around preserving the low income housing tax credit (LIHTC). Last fall, CohnReznick brought together state leaders in affordable housing to form the first national board of independent state associations, Council of Independent State Housing Associations (CISHA). Since LIHTC was created, many states have formed statewide associations which are strong advocates for housing policy and provide feedback to their respective state governing bodies. By coming together, CISHA can amplify voices in Washington, DC area to strengthen support and funding for the tax credit program and link associations together to share operational commonalities and best practices.

Also, as part of a series of periodic reports issued by CohnReznick that address the economic performance of properties financed with federal low-income housing tax credits and of the investments that financed their development, CohnReznick released its fourth report “The Low-Income Housing Tax Credit Program at Year 30: Recent Investment Performance (2013-2014)” that provides a detailed analysis of the performance of housing credit properties and the latest performance trends observed across the national housing tax credit portfolio consisting of 20,000 properties. The report found that the LIHTC program, which reaches its 30th anniversary in 2016, has consistently delivered strong results for tax credit housing investors.

Q: How has being a HAND member supported your overall efforts?

Collaboration amongst organizations can simplify the path toward achieving our goals and can also lead to unexpected opportunities. CohnReznick’s membership in HAND helps us stay in front of organizations with similar goals and support the industry upon which our Firm was built. As a service provider of assurance, tax and advisory services to the affordable housing industry, our long-standing relationship with HAND enables us to stay current with the issues that affect HAND members as well as the clients we serve.

25th Anniversary and 2016 Annual Meeting & Housing Expo sponsor, HAND is pleased to spotlight the CohnReznick as a member who certainly contributes to our organization’s COLLABORATION, INNOVATION and TRANSFORMATION within the metropolitan area!