INDUSTRY NEWS

 

Freddie Mac Shows Positive Housing Market Trends

Freddie Mac released its Multi-Indicator Market Index (MiMi) showing that many of the nation's housing markets continue to improve with one more state, Michigan, returning to its historical benchmark level of housing activity.

The national MiMi value stands at 83 indicating a housing market that's on the outer range of its historic benchmark level of housing activity which is little changed with a +0.36 percent improvement from January to February and a three-month improvement of +1.05 percent. However, on a year-over-year basis, the national MiMi value has improved +7.46 percent. Since its all-time low in October 2010, the national MiMi has rebounded 40 percent, but remains significantly off from its high of 121.7. 

News Facts:

Thirty-five of the 50 states plus the District of Columbia have MiMi values within range of their benchmark averages, with the District of Columbia (101.7), North Dakota (95.3), Hawaii (95.2), Montana (94.8), and Utah (94.6) ranking in the top five.

Fifty-nine of the 100 metro areas have MiMi values within range with Austin, TX (100.5); Denver, CO (100.8); Salt Lake City, UT (97.7); Honolulu, HI (97.4); and Los Angeles, CA (97.0) ranking in the top five.

The most improving states month over month were Tennessee (+1.93%), Mississippi (+1.46%), Texas (+1.11%), Oregon (+1.08%) and Nevada (+0.91%). On a year-over-year basis, the most improving states were Colorado (+15.54%), Florida (+15.33%), New Jersey (+14.37%), Oregon (+14.30%), and Nevada (+14.24%).

The most improving metro areas month over month were Youngstown, OH (+3.55%); Memphis, TN (+2.54%); Jackson, MS (+1.82%); Knoxville, TN (+1.58%); and Dallas, TX (+1.43%). On a year-over-year basis, the most improving metro areas were Orlando, FL (+19.88%); Denver, CO (+19.01%); Tampa, FL (+18.36%); Cape Coral, FL (+18.07%); and Portland, OR (+16.85).

In February, 36 of the 50 states and 68 of the top 100 metros were showing an improving three-month trend. The same time last year, 21 of the 50 states and 69 of the top 100 metro areas were showing an improving three-month trend.

Freddie Mac Deputy Chief Economist Len Kiefer stated, "The U.S. housing market is poised to have its best year in a decade. The National MiMi currently stands at 83, the highest since September of 2008. And the trends are nearly all positive. Home purchase applications are headed higher, with the National MiMi purchase applications indicator increasing nearly 12 percent from one year ago. The mortgage delinquency crisis is not completely behind us, but delinquencies are generally trending down, with the National MiMi current on mortgage indicator at 85.5, the highest reading since August 2008. Robust employment growth has helped drive the National MiMi employment indicator above its historic benchmark, and stands at 106.5, up nearly 6 percent from a year ago. The National MiMi payment-to-income indicator did fall 2.76 percent from the previous month due to lower mortgage interest rates. Lower rates are helping to support homebuyer affordability across the country, for the moment outweighing the impact of higher house prices.”

Kiefer continued, "The national trends largely hold up across the country. We still see pockets of weakness in the Midwest and South, while the Northeast and West are generally doing better. But most markets in the Midwest and South are improving according to MiMi. For example, Michigan's MiMi reading increased 7.49 percent year-over-year in February, moving within range of its historic benchmark."*

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QAP Updates

Florida

Florida Housing Finance Corporation’s Board of Directors approved $5 million in demonstration loan funds to create housing for Homeless individuals and families. The proposed demonstration RFA will provide forgivable loans of up to $750,000 to non-profit Applicants to finance small rental housing developments of no more than 10 units to serve as permanent housing to extremely low and low income homeless households. Proposed allowable developments shall consist of single family, townhomes, duplexes or quadraplexes on a single site or scattered through the community.

The purpose of the demonstration RFA is to pilot an approach to allocate resources to counties with populations up to 250,000 in order to support the development of permanent rental housing for homeless households that is appropriate for small and rural communities. Another objective of the proposed demonstration RFA is to help build the capacity of local non-profits that serve homeless households to develop and operate permanent rental housing.

FHFC hosted a workshop on Tuesday, April 26 to discuss with the public and stakeholders Florida Housing’s proposed approach to this Request for Applications (RFA).

New York

New York Homes and Community Renewal released its Multifamily Open Window RFP for capital sources primarily available to projects financed by HFA tax-exempt bonds. Please join HCR staff on May 2, 3, or 4 for a detailed explanation and question and answer period to learn more about this opportunity.

According to New York Housing Conference, HCR is offering approximately $70 million in funding. A priority will be placed on highly ready projects that are expected to close by July of 2016. There are five specific initiatives as described in the RFP. HCR expects to make available additional funding for these or other initiatives after finalization of the MOU required to spend enacted housing funds in the State budget. In addition, all Fiscal Year 2016-2017 funding for the Open Window application process is being made available for other continuing HCR programs in an amount up to $117.2 million.

INFORMATION SESSIONS:  HCR Multifamily Open Window RFP

Monday, May 2 – Albany

Tuesday May 3 – Buffalo

Wednesday, May 4 – Syracuse

Application Materials Applicable to All Programs

Common Short Form Application

Private Activity Bond Issuer Information Form (for projects not also being financed with HFA bonds)

Supplemental Application Materials

Supportive Housing Opportunity Program:

SHOP Supplemental Application Form

MRT Project Questionnaire

Public Housing Preservation Program, Multifamily Preservation Program, House NY Mitchell-Lama Loan Program, and Mitchell-Lama Loan Program:

PHP, MPP, HML & MLLP Supplemental Application Form (for projects in conjunction with HFA bonds)

PHP, MPP, HML & MLLP Subsidy-Only Long Form Application Part 1 (for subsidy-only projects)

PHP, MPP, HML & MLLP Subsidy-Only Long Form Application Part 2 (for subsidy-only projects)

Middle Income Housing Program:

MIHP Supplemental Application Form

Rural and Urban Community Investment Fund:

CIF Supplemental Application Form

Development Budget

Rent Plan & Operating Budget

State Low Income Housing Credit Program:

SLIHC Supplemental Application Form

Green & Energy Data Sheet

Minnesota

Visit the Minnesota Housing website for applications and instructions for the Consolidated 2016 Multifamily and Single Family RFPs and 2017 Housing Tax Credits.

Available Resources

Housing Infrastructure Bond proceeds may be available (subject to Legislative approval) for both multifamily and single family housing. We will publish a final availability of funds notice after the legislative session ends on May 23.

Multifamily

$12.9 million in 2017 Housing Tax Credits Round 1

Deferred loans on a competitive basis

Rental assistance and operating support:
57 Section 811 Project-Based vouchers
– 30 project-based Section 8 vouchers through Met Council/Metro HRA
– VASH vouchers through St. Paul PHA (number contingent on HUD allocation)
– National Housing Trust Fund Operating Subsidy for creation of new units providing permanent supportive housing

Amortizing first mortgages under HUD MAP programs Section 221(d) and 223(f), and the Low and Moderate Income Rental (LMIR) program. Applicants may indicate their interest through the RFP or by contacting us separately.

Senior Rental Housing Pilot initiative with deferred loan resources for up to one senior rental development with a services component

Funding Priorities

We will select the most appropriate funding for proposals that create or preserve housing that includes, but is not limited to, the following priorities:

  • Affordable to the local workforce
  • Located in high opportunity areas
  • Located near transit
  • Responsive to needs of underserved populations
  • Furthers community recovery efforts
  • Part of a broader community vision
  • Tribally-sponsored
  • Permanent supportive housing

Applicants should review and analyze the Community Profiles data to help identify areas that fit these criteria. Multifamily applicants should also review the HTC Self-Scoring Worksheet and Deferred Loan Priority checklist.

Technical Assistance

We want to help you submit strong proposals. Please take advantage of the Technical Assistance opportunities below.

Multifamily

Tax credit applicants claiming Preservation points must complete a Technical Assistance meeting and submit their pre-application by May 2. Request your meeting as soon as possible and see the Preservation page for more information.

Request individual technical assistance by emailing
MHFA.MFTechAssist@state.mn.us.

View pre-recorded Multifamily Training Tutorials (scroll down to Application Resources). 

Due Dates and Selections

Applications must be received by Minnesota Housing by the following due dates to be eligible for funding consideration:

Section 811 Pre-Application: May 2, 2016 by 4:30 p.m.

Preservation Pre-Application: May 2, 2016 by 5:00 p.m.

Intent to Apply (required for all multifamily applicants): June 2, 2016 by 5:00 p.m.

2016 Multifamily RFP/2017 Housing Tax Credits Round 1: June 16, 2016 by 5:00 p.m.

All funding awards will be approved by the Minnesota Housing board. Funding partner proposal recommendations will be made at their respective board meetings.

South Carolina

In order to apply for funding through the Housing Trust Fund as a Non-Profit entity, your organization must be approved by SC Housing. Please click on the manual and application below for more information on completing the approval process.

2017 – 2018 Nonprofit Designation Manual NEW! 4/25/2016
2017 – 2018 Nonprofit Designation Application
2017 – 2018 Nonprofit Tabs

Attachment A
Attachment C
Attachment E
Attachment F

HTF 2016 Approved Nonprofit List2/24/2016

For more information on Nonprofit Participation contact Leanne Johnson at (803) 896-9248 or Leanne.Johnson@SCHousing.com.

Alaska

The public is invited to participate in the development of the State of Alaska’s SFY2017 Housing and Community Development Annual Action Plan. The Annual Action Plan is part of the five-year strategy that was adopted in 2015 and is a prerequisite to receive federal funding for the Community Development Block Grant (CDBG) Program, the Emergency Solutions Grant (ESG) Program and the HOME Investment Partnerships Program (HOME). The SFY2017 Annual Action Plan is the second annual implementation plan of the five-year strategy.

The Plan includes an allocation plan for the use of potential funds from the National Housing Trust Fund. The Housing Trust Fund (HTF) is a new affordable housing production program to increase and preserve the supply of decent, safe, and sanitary affordable housing for extremely low-income and very low-income families. HTF is a formula grant program for states expected to be available in 2016.

The SFY2017 Annual Action Plan Draft is available for a period of 30 days starting Thursday, April 21, 2016. Comments are due to ocedano@ahfc.us by 5:00 p.m. on Friday, May 20, 2016.

A third public hearing will be held:
Friday, May 6, 2016, 3:00 – 5:00 p.m.
Alaska Housing Finance Corporation
4300 Boniface Parkway, Anchorage, Alaska

Persons unable to attend may teleconference by calling 1-877-668-4493 and using the access code for the hearing #922-352-916.

Colorado

Colorado Division of Housing will host a two-day workshop, “Housing Colorado: The Developer’s Tool Kit,” on June 23rd and 24th. Attendees will learn about the housing development process, real estate terminology, selection of contract service providers, cost containment, and more.

Class size is limited, so register soon to ensure your spot! Download the registration brochure to learn more and register.

Michigan

The Draft 2017-2018 Qualified Allocation Plan and related documents have been posted to the April 2016 Public Hearings page of the MSHDA website. Go to www.michigan.gov/mshda, click on Developers, and then select Low Income Housing Tax Credit. On the main LIHTC page, you will find the “April 2016 Public Hearings” link under the Events section.

Comments will be taken at four public hearings to be held in Lansing, Detroit, Grand Rapids and Sault Ste Marie on April 28 and 29, 2016.  Written comments will also be accepted until 5 pm Friday April 29, 2016.

Ohio

The Invitation to Apply (ITA) and other program documents for the Ohio 811 Project Rental Assistance (PRA) Program are available the OHFA website.

The purpose of this program, as authorized under the Frank Melville Supportive Housing Investment Act of 2010, is to allow households composed of one or more persons with a disability, who are at least 18 but less than 62 years of age and are extremely low income, to live as independently as possible by subsidizing rental housing opportunities and providing access to supportive services.

The Ohio Housing Finance Agency (OHFA), Ohio Department of Medicaid (ODM), Ohio Department of Developmental Disabilities (DODD), and the Ohio Department of Mental Health and Addiction Services (OhioMHAS) are collaborating to implement the Section 811 PRA grant of approximately $12 million designed to serve approximately 485 households throughout the state.

OHFA intends to award and administer Rental Assistance Contracts (RAC) to eligible owners of multifamily rental properties funded by OHFA’s Housing Tax Credit Program.

This initial Invitation to Apply (ITA) applies to existing Housing Tax Credit developments and those that have already been funded or are under construction. Applications are currently being accepted, and the application window will remain open until all funding for this round has been encumbered. OHFA has also reserved a portion of the total funds available under the Ohio 811 PRA Program for participants who may be awarded Housing Tax Credits in the 2016 and other future allocation rounds.

If you have any questions about the application process or project eligibility, please contact 811 Program Coordinator, Pamela Zinn, at pzinn@ohiohome.org or 614-466-3943.

Oregon

Oregon Housing Stability Council announced that the 2016 Qualified Allocation Plan has been signed by the state’s governor. Future LIHTC Notices of Funding Availability (NOFAs) will be governed by the 2016 QAP, unless and until it undergoes another revision. OHSC plans to release the 2016 LIHTC NOFA for the 9% LIHTC in late May or early June.

4% LIHTC applications are funded on an ongoing basis. OHSC has developed a new 2-step application process to give predictability over the timing of the 2016 QAP taking effect, as well as to allow for Intent Resolutions (IR) to occur early in the funding process.

  1. A sponsor is required to submit a pre-application, which can be found here.
  2. If accepted, the date of submission of the pre-application to OHCS will establish whether the project is governed by the former (2014) QAP or the new 2016 QAP. Upon acceptance of the pre-application, an IR will be set by Finance Committee if OHCS issued bonds are being utilized. Acceptance of the pre-application will be contingent upon the projects’ demonstrated feasibility and completeness of the project concept.
    1. Any pre-application submitted prior to March 29, 2016 will operate under the 2014 QAP.
    2. Any pre-application submitted after March 29, 2016 will operate under the 2016 QAP.
  3. Once the pre-application is accepted, OHCS will issue a letter to the sponsor establishing an expiration date for the pre-application if a complete application is not received within 90 days.
    1. If the sponsor submits a complete application as specified within 90 days, OHCS will issue a letter accepting the complete application and sets a 180 day time period for the project to close. If this date is not met, the sponsor must reapply and the policies in place at that new date will apply to the project.
    2. If a sponsor does not meet the 90 day deadline for submitting a complete application as specified, they must reapply and the policies in place at that new date will apply.
  4. The IR will be valid for 3 years, as long as OHCS issues the bonds. If bond issuers change following pre-application, the IR will need to be reset.

Any additional questions or concerns regarding the 9% or 4% LIHTC program and implementation timeline should be sent to: Teresa Pumala at Teresa.Pumala@oregon.gov, or (503) 986-2112.**

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When Allocating LIHTCs, Every State Considers Existing Revitalization Plans

The Internal Revenue Code (IRC) has few mandates for qualified allocation plans (QAPs). One of these covers the intense competition for low-income housing tax credits (LIHTCs). Under IRC Section 42(m)(1)(B)(III), agencies must give a preference to applications proposing “projects which are located in qualified census tracts and the development of which contributes to a concerted community revitalization plan.” The only other similar requirement is for developments serving the lowest income tenants for the longest periods.

There has been a recently compiled list of agencies’ criteria for addressing the community revitalization plan (CRP) preference (not all rules are in QAPs, some are contained in other documents). This review found that all states have some form of recognizing CRPs or an equivalent, including target areas or redevelopment plans.

But what does it mean to give a preference? The answer is different across the country. States’ approaches vary widely, as do the definitions of CRPs and extent of what applicants have to submit. The review revealed several interesting and unique policies.

  • Georgia awards points for being in a U.S. Department of Housing and Urban Development (HUD) Choice Neighborhood Implementation grant area, or additional points if near other benefits, such as quality education.
  • In Massachusetts applicants agree to annually measure the development’s effect on the surrounding neighborhood.
  • Illinois considers access to employment, healthcare, supportive services, parks, schools, groceries and other retail.
  • Pennsylvania asks if the CRP is consistent with the jurisdiction’s plan to affirmatively further fair housing (AFFH).
  • Texas has distinct criteria for urban and rural areas.

Some observers, including certain civil rights advocacy organizations, have been critical of CRP implementation. However provisions such as these clearly indicate agencies take the responsibility very seriously. That said, there is always room for adaptation and improvement.

As previously noted in this space, the Obama administration’s fiscal year 2017 budget proposal calls for adding another required QAP preference for considering AFFH in development siting. Unless such a provision is adopted, CRPs will have a uniquely consequential place in Section 42. Therefore, CRPs merit ongoing consideration.

Accordingly, there will be opportunities to learn more. First, CRPs are one of many topics to be covered in the QAP Fundamentals and Hot Topics Webinar, April 28. Andrea Ponsor, policy director for the Local Initiatives Support Corporation (LISC), will discuss the successful Building Sustainable Communities model and how LISC offices have implemented it in three cities.

Also, an article in the Journal of Tax Credits will break down the CRP criteria based on different categories:

Is the preference addressed as a set-aside, points or other?

Are developments outside QCTs also eligible?

Does there have to be official, formal local government approval?

What else is necessary? Examples include funding commitments and evidence of surrounding investment.

Are local land use plans enough?

Do other federal or state agency designations contribute or qualify?

How recently should the CRP have been put in place?

What role, if any, can the applicant/developer have played in drafting?**

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Health Care Execs See Sales, M&R Rising in 2016

Executives in the health care industry, including the skilled nursing sector, have good feelings about 2016.

In fact, 71% of health care executives anticipate that their revenues will increase this year, and 55% are planning to seek financing in the next 12 months, according to the 2016 Middle Market Healthcare Outlook from CIT Group Inc. (NYSE:CIT), a New Jersey-based provider of commercial lending and leasing services.

Harris Poll conducted the survey, which involved 164 middle market health care executives at companies with revenue between $25 million and $1 billion. The survey was conducted between Feb. 18 and 29, 2016.

Executives from several health care industry subsets took part in the survey, including skilled nursing, pharmaceuticals, biotech, hospitals/medical centers, primary care, specialty care, behavioral health facilities, medical devices/supplies, other inpatient hospitals, health care technology, home health and hospice.

More than half of the executives surveyed believe health care M&A activity will increase in next 12 months, 65% think regulations have positively affected their company’s growth, and 88% said that technology is helping provide higher quality care, the survey found. 

Additionally, 72% of health care executives believe that their sector is on track with the rest of the industry when it comes to determining how to best measure outcomes, the survey revealed.

Other recent surveys echo these health care executives’ positive outlooks for the year. For instance, investment in senior housing assets is expected to remain strong throughout 2016 because the segment provides buyers with favorable spreads, especially when compared to other traditional multifamily properties, Marcus & Millichap said in a recent report.

Seniors housing and care transactions hit a record high in 2015, with 354 publicly announced acquisitions made that year—17% higher than the number recorded in 2014.* **

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 COMPANY NEWS:

Events (2016)

  • Gill Group plans to attend NH&RA’s Spring Developer’s Conference May 16th – 18th in Marina del Ray, CA.
  • Gill Group plans to attend PHADA Annual Conference and Exhibition May 22nd – 24th in Las Vegas, NV.
  • Gill Group attended Texas NAHRO’s 40th Annual Conference and Tradeshow April 19th – 21st in Houston, TX.
  • Cash Gill attended the Missouri Real Estate Appraisers Commission Quarterly Commission Meeting March 22nd in Jefferson City, MO.
  • Gill Group attended Bank of Advance’s Annual Meeting March 17th – 20th in Norfork, AR.
  • Gill Group attended the Maco Companies’ Annual Meeting March 10th – 13th in Biloxi, MS.
  • Gill Group attended the Council for Affordable Rural Housing’s Quarterly Board Meeting March 4th – 5th in Washington, DC.
  • Gill Group attended the National Housing and Rehabilitation Association’s Annual Meeting February 24th – 27th in West Palm Beach, Florida.
  • Gill Group attended the Council for Affordable Rural Housing’s Midyear Meeting January 25th – 27th in San Antonio, Texas.

Events (2015)

  • In 2015, Gill Group attended over 50 meetings and conferences from California to New York, and just about everyone in between.

GROWTH (2015 - Highlights):

  • Gill Group added two offices in Michigan and one in Wisconsin, further expanding our staff of architects and engineers.
  • Gill Group and Greystone formed a Joint Venture to provide a full line of consulting and development services for Rental Assistance Demonstration (RAD) transactions. Gill Group and Greystone are utilizing each of our areas of expertise in a collaborative effort, with a mission to partner with PHAs across the nation in preserving and expanding the affordable housing inventory under the HUD RAD program. Our team fully understands the intricacies of the real estate and affordable housing industries, and our services are provided by professionals who are fully immersed in LIHTC executions, construction management, project accounting, regulatory compliance, real estate transactions, and opportunity development. We sit on national and state boards and have in-depth knowledge of industry trends and best practices. As a developer team, we operate as three individual entities, each with a unique set of previous transaction experiences that add value to the project at hand. As a collaborative unit, we draw upon those experiences to bring to the table creativity, fresh ideas and unsurpassable development advisory services.
  • Gill Group’s subsidiary, National Title & Escrow, added two new offices in Missouri and Arkansas, further expanding our ability to service our nationwide base of customers.

Events (2014)

  • Gill Group attended 40+ meetings and conferences throughout the United States in 2014.

GROWTH (2014 - Highlights):

  • Gill Group began the process of working with owners of affordable housing to develop a web-based program that will work hand-in-hand with our services. It will give the users of our appraisals, market studies, capital needs assessments and many other services easy access and real time usage.
  • Gill Group added 2 offices with appraisers, market analysts, engineers and architects.
    • Within the offices are 11 architects, one MAI appraiser, one general certified appraiser, four market analysts and 12 additional support staff. 

Events (2013)

  • Gill Group attended 22 conferences and meetings throughout the United States in 2013

GROWTH (2013 - Highlights):

  • Gill Group expanded our cutting-edge market analysis software and added our own in-house developed needs assessment software for CNAs, PNAs, PCNAs, PCAs, RPCAs, and every other acronym for this type of service. 
  • Gill Group added 4 offices with appraisers, market analysts, engineers and architects.
    • Within the offices are three architects, one MAI appraiser, two general certified appraisers, five market analysts and 10 additional support staff. 
  • Gill Group expanded the footprint of its subsidiary, National Title & Escrow, to cover the entire United States with a local presence.

Events (2012)

  • Gill Group attended 20 conferences and meetings throughout the United States in 2012

GROWTH (2012 - Highlights):

  • Gill Group developed cutting-edge market analysis software that will allow us to do preliminary analysis that is subject-specific in any market in the United States within minutes. 
  • Gill Group added 11 offices with appraisers, market analysts, engineers and architects.
    • The offices now employ an additional 34 people.
  • Gill Group expanded coverage of its subsidiary, National Title & Escrow, to cover the entire United States.
  • Gill Group expanded coverage of its subsidiary, Gill Insurance Group, to cover the entire United States.

  Gill Group has published the following:

  • New York Real Estate Journal - How can low-income housing facilities translate into high profits?
  • New York Real Estate Journal - Up, up and away: Home mortgage interest rates and gasoline prices continue ascending.
  • Tax Credit Advisor - Boston MSA Market Snapshot
  • Tax Credit Advisor - Seattle MSA Market Snapshot
  • Northeast Industrial Development Resource Guide - What Appraisers Know About Investing.
  • Affordable Housing Finance – Urban and Rural Market Studies.
  • Tax Credit Advisor – LIHTC Appraisals 101

Cash Gill, MAI has had the opportunity to speak on the following topics:

  • (Indianapolis, IN) National Council of Affordable Housing Market Analysts - Maximize Your Market: Understanding the Methodology Behind Market Studies.
  • (Reno, NV) Nevada Council of Affordable and Rural Housing - Don't Get Caught in the Red. New Guidelines for Audits and Inspections.
  • (Washington, DC) The Institute for Professional and Executive Development - Nonrecourse HUD Deals - So You Closed Your Nonrecourse HUD Deal. Now What? And Is It Really Nonrecourse?
  • (Arlington, VA) Council for Affordable and Rural Housing - Property Valuation: The Correct Way to Value Properties.
  • (New Orleans, LA) National Council of Affordable Housing Market Analysts - Affordable Housing Site Analysis
  • (Las Vegas, NV) Nevada Council of Affordable and Rural Housing - Auditing and Accounting Guidelines for Section 42 Low Income Housing Tax Credits.
  • (Washington, DC) Council for Affordable and Rural Housing - Rural Development Appraisals and Market Studies
  • (Miami, FL) Council for Affordable and Rural Housing - The Equity Market - Impact on Rural Housing
  • (Washington, DC) Council for Affordable and Rural Housing - How to Foster Affordable Green and Rural Housing Needs Assessments
  • (Indianapolis, IN) Affordable Housing Association of Indiana - Market Analysis – Best Ways Use Market Studies to Ensure Application Points
  • (Portland, ME) Enterprise Buyer/Seller Conference for RRH 515 Properties – Valuing the Product. What Is My Development Worth?
  • (Washington, DC) National Housing and Rehabilitation Association – Financing and Underwriting Special Needs Housing.
  • (Atlanta, GA) National Council of State Housing Agencies – Comprehensive Market Analysis.
  • (Chicago, IL) AHF Live – Strategies for Rural Deals.
  • (Dallas, TX) Crittenden Multifamily – Financing Special Use Properties.
  • (Washington, DC) Council for Affordable Rural Housing – Rural Housing Preservation
  • (Denver, CO) National Council of State Housing Agencies – Rural Housing Strategies
  • (Denver, CO) National Council of State Housing Agencies – Y15: Preservation and Disposition Seminar
  • (San Antonio, TX) Rural Rental Housing Association – LIHTC Legislative Update
  • (Key Largo, FL) Council for Affordable Rural Housing – How National Appraisal Practices Impact USDA Assisted Properties
  • (San Francisco, CA) National Council of State Housing Agencies – Changes and Challenges in Rural Housing Development
  • (Chicago, IL) AHF Live – Preservation of Older LIHTC Deals
  • (Franklin, TN) Regional Affordable Housing and RAD Training – Valuation, Feasibility and Capital Needs Assessments
  • (Columbus, OH) Council for Rural Housing & Development of Ohio – Rural Housing Market Research
  •  (South Bend, IN) Great Lakes Capital Fund’s University of Affordable Housing – Valuation Risks Using Financing for RAD Deals
  • (Chicago, IL) National Council of State Housing Agencies – Rural Development Opportunities
  • (Orlando, FL) National Association of Housing and Redevelopment Officials – Affordable Housing Appraisals, Market Studies, Rent Comparability Studies and Rent Reasonableness Studies
  • (Alexandria, LA) Regional Affordable Housing and RAD Training – Valuation, Feasibility and Capital Needs Assessments
  • (Ft. Lauderdale, FL) Southeastern Affordable Housing Management Association (SAHMA) – Rent Comparability Studies 101
  • (Indianapolis, IN) Midwest Buyer/Seller Conference – CNAs and Appraisals
  • (Chicago, IL) AHF Live – Acquisition Challenges and Opportunities (2014)
  • (St. Pete Beach, FL) CARH – Preservation Challenges and Opportunities
  • (Nashville, TN) TAHRA – Appraisals, Market Studies, Rent Comparability Studies and Rent Reasonableness Studies for LIHTC and RAD Transactions
  • (Los Angeles, CA) NCSHA – Successful Development in Challenging Markets
  • (Chicago, IL) AHF Live – Acquisition Challenges and Opportunities
  • (Seattle, WA) NCSHA – Rural and Native American Development Strategies

 

 

 

 

*as seen on multifamilybiz.com

**as seen on housingonline.com