NCHMA Annual Meeting (2015)

NCHMA is excited to announce we will be taking attendees of our 2015 Annual Meeting on a tour of innovative affordable housing developments around Columbus.   Highlights include include Partners Achieving Community Transformation (PACT) Near East Side Redevelopment and Community Properties of Ohio’s Scattered Site Lease to Own LIHTC revitalization near The Ohio State Univiersity.

PACT, a partnership between the City of Columbus, The Ohio State University, the Columbus Metropolitan Housing Authority (CMHA) and Near East Side stakeholders, will leverage LIHTCs, a HUD HOPE VI Grant and numerous other resources to create a healthy, financially and environmentally sustainable community where residents have access to safe and affordable housing, quality healthcare and education, and employment opportunities on the Near East Side of Columbus, Ohio.

Community Properties of Ohio (CPO) is the property management affiliate of Ohio Capital Corporation for Housing specializing in supportive services and moving residents beyond poverty. With more than $133 million in renovation to the portfolio it has developed in partnership with The Ohio State University, CPO has provided safe, decent housing and impacted communities. Resident turnover has decreased from 60 percent in 2003 to 14 percent in 2013.

Executive Committee Members Only

Lease purchase tax credit developments can be an important tool for community revitalization. Increasingly, many housing finance agencies are incentivizing this product type. Drawing on the lessons learned from developers, HFAs, syndicators and market analysts to identify, this panel will explore the structures and characteristics that make for a successful lease-purchase development.

Panelists:

Tony DiBlasi, Ohio Capital Corporation for Housing, Columbus, OH
Bryan Grady, Ohio Housing Finance Agency, Columbus, OH
Arthur G. Krauer, Testa Companies, Columbus, OH (Moderator)
Aaron Pechota, NRP Group, Cleveland, OH

Click here to access materials from this panel session.

The Rental Assistance Demonstration (RAD) program continues to expand and grow as more public housing authorities seek to partner with developers and leverage private funds. This panel session will examine how recent changes to the RAD program are being implemented in the field as well as key issues relating to RAD underwriting and market analysis.

Panelists:

Jerry Anderson, The Gill Group, Dexter, MO
Bryan Brown, Columbus Metropolitan Housing Authority, Columbus, OH
Pat Costigan, CF Housing Group, Washington, DC (moderator)
Joseph Hague, Red Capital Group, Columbus, OH

Click here to access materials from this session.

Many see the coordination of healthcare delivery as the new frontier for affordable housing. In particular, demographic trends point to a greater need for affordable assisted living options, but the process of developing and financing this product is anything but simple. Developers will explore different strategies to leverage, structure and underwrite low-income housing tax credits in conjunction with Medicaid funds. The session will employ their lessons learned to launch a conversation on building an affordable assisted living model that can work nationwide.

Panelists:

Thom Amdur, NCHMA, Washington, DC, Moderator
William Hinga, Wallick-Hendy Development Co, Reyboldsburg, OH
Nathan Young, Vogt Santer Insights, Columbus, OH
Michelle Norris, National Church Residences, Columbus, OH
Sharon Shaffer, Wallick-Hendy Development Co, Reyboldsburg, OH

Click here to access materials from this session.

Key HFA executives will share insight into current QAP priorities as well as how they are responding to key issues of the day, including the Supreme Court’s recent “Inclusive Communities Decision,” HUD’s Affirmatively Furthering Fair Housing Rule, and how market analysts can be a partner in providing the information that shapes public policy decisions.

Panelists:

Myia Batie, Ohio Housing Finance Agency, Columbus, OH
Beth Beckett, Real Estate Strategies, Paoli, PA (moderator)
Stephen Fisher, West Virginia Housing Development Fund, Charleston, WV
Chris LaGrand, Michigan State Housing Development Authority, Lansing, MI
Jacob Sipe, Indiana Housing & Community Development Authority, Indianapolis, IN
Wyman Winston, Wisconsin Housing & Economic Development Authority, Madison, WI

Panelists will examine what recent income and expense data trends reveal and how we can use that information to improve market study and underwriting practices.

Panelists:

Tony DiBlasi, Ohio Capital Corporation for Housing, Columbus, OH
Blair Kincer, Novogradac & Company, Bethesda, MD
Chuck Newcomer, CAHEC, Raleigh, NC

Click here to access materials from this session.

From the Supreme Court’s recent decision on disparate impact to HUD’s Affirmatively Furthering Fair Housing Rule, fair housing is top-of-mind for many housing professionals. This session will provide an overview of these new developments and consider the implications and resulting opportunities for market research.

Presenters:

Sharon Wilson Géno, Ballard Spahr, Washington, DC

Click here to access the presentation from this session.

U.S. Virgin Islands Housing Finance Agency Director Adrienne Williams and market analyst Kelly Murdock discuss the unique challenges the islands face in underwriting and developing affordable housing, and how the solutions to those challenges can inform market studies across the U.S.

Panelists:

Kelly Murdock, Community Research Services, Saint Johns, MI
Liza Mutzl, Mitchell Market Analysts, Indianapolis, IN
Adrienne Williams, U.S. Virgin Islands Housing Finance Authority, Frederiksted, Virgin Islands

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What issues should market analysts consider when deriving market and achievable tax credit rents? Panelists will revisit the NCHMA white paper on this subject and recent experiences to identify best practices, as well as red flags to watch out for. The session will also consider how area median income trends could affect the feasibility of a property.

Panelists:

Jonathan Beery, Valbridge Property Advisors | Allgeier Co., Lousiville, KY
Ryan Gaslin, Nationwide Investments, Columbus, OH
Blair Kincer, Novogradac & Company, Bethesda, MD
Michelle Woodmansee, National Affordable Housing Trust, Columbus, OH

Click here to access materials from this session.