September 2016 E-Newsletter

Upcoming Events

2016 Annual Sponsors

Thank you to our Sponsors!

Platinum


Gold

     

Silver

AGM Financial Services
Ballard Spahr

Bozzuto Construction

CBP Constructors
CPDC
Conifer Realty
Maryland DHCD
Gallagher, Evelius & Jones
Howard County Housing
Klein Hornig
Landex Corporation
Osprey Property Company
Pennrose Properties
PNC Bank
Quantum RE Management
Shelter Development
Southway Builders
SunTrust Bank

Bronze

Baltimore Housing

Boston Capital

CHAI, Inc.

CL McCoy Framing

Conifer LeChase Construction

Delaware Valley Development Corp.

Green Street Housing

Grimm & Parker

Habitat America

Housing Trust of America

Hudson Housing Capital

Humphrey Management

Ingerman Management

Marks Thomas Architects

Natnl Fdn for Affordable Housing Solutions

Novogradac & Company

Pax-Edwards

PIRHL

R4 Capital

Raymond James

Real Property Research Group

Red Stone Equity Partners
RPH Architecture

Stavrou Companies

Victory Housing

Wells Fargo

Woori America Bank


Non-Profits


ACDS

AHC of Greater Baltimore

ARC of the Central Chesapeake Region

Episcopal Housing

HOC of Montgomery County

Interfaith Housing Alliance

MAHRA

Mission First Housing

Volunteers of America


2017 Board of Directors

Ivy Dench-Carter, President

Peter Siegel, Vice President

Jonette Hahn, Treasurer

Jessica Zuniga, Secretary


Tom Ayd

Eric Brown

Ed Delany

Jim French

Kim Fry

Phil Gibbs


Chickie Grayson, Ex Officio

Jeff Hettleman

Kathleen Koch


Michael Pitchford

Dave Raderman, Of Counsel

Corine Sheridan


Andrew Vincent

MAHC Staff

Miranda Darden-Willems
Executive Director

Welcome New MAHC Members

  • Asian-American Homeownership Counseling
  • A Step Forward
  • Cabell Corporation
  • C.A.R.E Property Services
  • Devere Insulation
  • Gorfine, Schiller & Gardyn, P.A.
  • Hagerstown  Housing Authority
  • Harford County DHCD
  • Lancaster Pollard
  • Morgan Keller Construction
  • TD Bank
  • TMA Development
  • WINN Residential
  • Betsy Amey, Bridge Maryland
  • Ayodeji Badaki, Housing Authority of Washington County
  • Loretta Gaffney, Shea Develop.
  • Terry Green, Triad Housing Corp.
  • Julia Pierson, Cloudburst Consulting
  • Richard McRae, Consultant
  • Jeff Ratnow, Sight in Site, LLC
  • Mike Rogers, LHP Development

MAHC ANNUAL MEETING

October 19, 2016

8:00 am - 12:00 pm

Renaissance Baltimore Harborplace Hotel
202 E. Pratt St., Baltimore, MD 21202


This Year's Speakers include:
-  Maryland Lieutenant Governor Boyd Rutherford
- Maryland DHCD Secretary Kenneth Holt
- Cohn Reznick National Director of Governmental Affairs Bob Moss


For More Information or to Register Go HERE


Don't Miss the MAHC Annual Meeting - 10/19

Join us on October 19, 2016 at the Renaissance Harborplace Baltimore Hotel from 8:00am - 12:00pm for the MAHC Annual Meeting.  This is our biggest event of the year, and your chance to network with over 300 of your colleagues from the affordable housing industry!  We're really excited about this year's keynote speaker, Bob Moss, the National Director of Governmental Affairs and a Partner at CohnReznick.  Bob will provide his perspective on the housing issues facing our country and what impact the election may have on federal housing policy and initiatives.

We will also hear from Maryland Lieutenant Governor Boyd Rutherford and DHCD Secretary Ken Holt who will both provide updates from the State perspective.  We will also review the 2017 MAHC Policy Agenda and present the annual MAHC Awards as we celebrate 16 years of collaboration among the housing industry across Maryland. 

For information, or to register for the meeting, please visit our website HERE.


MAHC Housing Awards

We look forward to recognizing our members for their achievements at the 2016 Annual Meeting.

Housing Person of the Year Award

The purpose of this award is to recognize an individual who has: 1) made significant contributions to affordable rental housing in Maryland; and 2) worked to help advance the interest of the affordable rental housing community in Maryland through advocacy, participation in policy or program improvements, or other volunteer efforts that have benefited housing for low and moderate income persons.  The person could have made contributions to affordable rental housing as a developer/owner, property manager, resident services provider, architect, contractor, lender, investor, governmental official or any other specialty involved in producing, improving or operating affordable rental housing. 

Innovation Award

This award celebrates innovation within the affordable rental housing community in Maryland, by recognizing a particularly cutting-edge or transformative housing project, program or activity by a MAHC member.  It could include a development project, architectural design, a new property management approach, a way of delivering resident services, a new financing tool, or any other activity related to the creation, improvement, financing and operations of affordable housing.  


2016 Award Winners Eric Brown, Montgomery County HOC, and Osprey Property Co.:



Event Updates

The brown bag lunch series continues to provide learning opportunities for our members.  In August we discussed development siting and barriers to developing in Communities of Opportunity and also held a special session with DHCD to review the changes to the LIHTC Application for the Fall 2016 Round.  In September we held our first "Bond Training 101" session with over 70 attendees and had a quarterly energy efficient design meeting hosted by our Construction and Design Committee with a presentation on the different types of HVAC systems and which might be best for your building.  After the annual meeting, our brown bag programming will continue so look for announcements soon on a session to learn about PACE Financing and Bond Finance 201.  We're also planning a session on emergency preparedness for property managers.  Go to our CALENDAR PAGE to register for any of our upcoming events.

What's Going on at Maryland DHCD

  • DHCD has announced the Fall Low Income Housing Tax Credit Round.  Application packages are available on their website and are due on October 28, 2016.  They anticipate awarding $14 Million in LIHTC and $14 Million in Rental Housing Funds this round.  Waiver requests must be submitted to Elaine Cornick by September 28, 2016 and responses will be provided within 15 days of your request.  DHCD encourages applicants to request a pre-application meeting to review your proposed project, which can be scheduled through Keith Ashford.   To view the Application and other documents released by DHCD go HERE.  

  • DHCD received 94 applications for the $75 Million available for Project C.O.R.E. Funding.  The program will fund projects that eliminate blight and spur development in Baltimore City.  Awards will be prioritized for 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.   

  • DHCD recently published two funding announcements.  The first is for $3.7 Million, available for the installation of energy conservation measures in multifamily buildings in BGE territories where at least 80% of tenants earn 60% AMI or below.  Priority will be given to master metered buildings and work must be completed by April 30, 2017.  Go HERE to review the announcement.  Also,  $250,000 is available for builder operator training, which also must be for properties in BGE service areas and completed by April 30, 2017.  Go HERE to review the announcement.

  • DHCD has issued a NOFA for Project Based Rental Assistance open to existing non-age restricted properties in their portfolio that want to provide additional units for persons with disabilities.  More details HERE

Other Housing Industry News

  • The Baltimore Metropolitan Council (BMC) has issued an RFP for qualified developers to apply for affordable housing subsidies for new construction or substantial rehabilitation of an existing property through a new Regional Project Based Voucher Program.  Proposals are due by September 23, 2016.  To view the RFP go HERE.

  • The National Low Income Housing Coalition recently released their annual "Out of Reach" Report which shows that Maryland is the 5th most expensive state in the country to live in.  A Marylander has to earn $26.53 per hour (working 40 hours per week) to afford the Fair Market Rent for a two-bedroom apartment.  Go HERE to read the full report.

  • Baltimore County has entered into a Conciliation Agreement with HUD and will provide $30 Million over the next 10 years to create 1,000 new affordable housing units in designated areas of the County.  In addition, they will create a Mobility Counseling Program and Mobility Assistance Fund to assist families with locating expanded housing opportunities.  To read more about the agreement, activities they plan to undertake, and view the map of areas designated for new housing units, visit their site HERE.

  • Be sure to check MAHC's Job Posting Board HERE. Send jobs you would like posted to Miranda Darden-Willems.

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