ULI Washington: The Affordable Housing Development Toolkit: Case Studies from the DMV Region

When

2020-01-15
2020-01-15T17:30:00 - 2020-01-15T20:00:00
America/New_York

Choose Your Calendar

    Where

    Harlow 1100 2nd PL SE Washington, DC 20003-2555 UNITED STATES
    Agenda:
    5:30 – 6:00 pm   Registration
    6:00 – 7:15 pm   Case Study Presentations
    7:15 – 8:00 pm   Tours and Networking Reception
     
    Event Description:
    Join ULI Washington for an in-depth discussion on the toolkit of programs, incentives and mechanisms that are available to public, non-profit and for-profit developers for affordable housing production in the DMV region.
     
    The event will highlight three developments in the DMV region that employed innovative development and financing strategies to preserve and create affordable housing. The case studies will analyze the circumstances that led to the development of the projects, the stakeholders and partnerships involved, and the tools and financing that made the projects work. A question and answer session following the case studies will explore lessons learned and how these case studies can serve as a model for future affordable housing developments in the DMV area.
     
    Following the presentations, guests will be invited to tour one of the case studies, Harlow, a vibrant mixed-income, mixed-used community developed in a public-private venture by Urban Atlantic, Brookfield Properties and the DC Housing Authority as part of the Arthur Capper/Carrollsburg public housing redevelopment. Harlow consists of 143 market-rate units, 36 affordable units and approximately 4,000 square feet of retail. The project was financed using
    a combination of DC Housing Production Trust Funds and LIHTC for the affordable units, and conventional financing coupled with EB-5 funding for the market-rate portion.  
     
    WHAT YOU WILL LEARN
    •  How to leverage local, state and federal programs, tools and incentives to expand affordable housing production;
    • Opportunities to preserve and expand affordable housing though reinvestment in and redevelopment of public housing assets;
    • Innovative development and financing strategies, such as 9%/4% Low Income Housing Tax Credit (LIHTC) “Twinning”, HUD’s Rental Assistance Demonstration program, and public-private partnerships;
    • Local resources such as bonus density incentives, gap financing sources, and PILOTs; and
    • Best practices from developers that have successfully utilized these programs, tools and incentives to preserve and create affordable housing.
    PANEL:
    • Kelli Brooks, Managing Director of Finance, Urban Atlantic
    • Kayrine Brown, Chief Investment and Real Estate Officer, Housing Opportunities
    • Commission of Montgomery County, MD 
    • Alan Goldstein, Director, Multifamily Division, AHC Inc.
    • Moderator: Brett Macleod, Executive Director, Community Banking, JPMorgan Chase
    REGISTRATION INFORMATION
      MemberNon-Member 
     Private/Public Sector $45 $60
     Young Leader (<35) $30 $40
    All prices increase by $5 after January 13, 2020.
     
    Registration Deadline: Monday, January 13.
     
    To check availability after the deadline date please email [email protected]
     
    Register Online Here
    or
    Call 800-321-5011
    (mention meeting code: # 8138-2026)