MEMORANDUM. DATE: April 21, 2014 TO: NeighborWorks America FROM: Capitol Hill Housing. REGARDING: Mission Matrix Contest
|
|
- Joella Morris
- 5 years ago
- Views:
Transcription
1 MEMORANDUM DATE: April 21, 2014 TO: FROM: NeighborWorks America Capitol Hill Housing REGARDING: Mission Matrix Contest Capitol Hill Housing has completed a Portfolio Assessment using the Mission Matrix methodology and would like to enter our work in the NeighborWorks Mission Matrix Contest. BACKGROUND: The Board of Directors and Senior Management of Capitol Hill Housing requested an analysis of the portfolio to aid in decision making and strategic planning. The Mission Matrix methodology was used for this analysis. Property Sustainability is a combination of Financial Performance, Mission Alignment and Financial Sustainability. The Capitol Hill Housing (CHH) portfolio was evaluated on a property by property basis, with each property scored on its Financial Performance, Mission Alignment and its Financial Sustainability. These three measures were used to plot the properties on a bubble scattergram to visually evaluate each property relative to the overall portfolio. This information can be used by CHH senior management to assist in strategic portfolio decisions and by staff to make day to day operating decisions. The results of the Portfolio Assessment were used to develop Action Plans for all of the stabilized properties in the CHH Portfolio. This has proven to be a very valuable project for CHH and provides a strategic roadmap for each property to increase its sustainability and the performance of the entire CHH portfolio. The Action Plans have been distilled to a Portfolio Strategy Matrix, which is a one page spreadsheet summarizing critical actions needed at each property and the due date to accomplish them. Over the next year we will implement steps for improvement as enumerated in the Action Plans. We will update the Portfolio Assessment in early 2015 with 2014 financial results and resurvey our residents. This information will be used to gauge our progress toward increasing the sustainability of our portfolio. METHODOLOGY: The first step in the analysis was to gather financial information on the portfolio. The 2012 Statement of Revenues and Expenditures was used as the starting point. Two recently acquired
2 properties were removed from the analysis since they did not have a full year of operating history. Net Income was adjusted to measure the financial contribution of each building to the CHH Main Office. CHH has an internal Property Management group which manages 42 of our 44 properties. Property management fees paid to the main office vary by property. To measure excess management fees, the standard property management fee was set at 8% and any excess fee was added to Net Income. Partnership Management Fees and Deferred Development Fees were added to Net Income. Some properties pay expenses that normally would be considered capital expenses from operating cash flow. These amounts were deducted from the Repair and Maintenance category and added to Net Income. Property Management staff provided an estimate of Capital Expenditures needed based on the Capital Needs Assessments for each property in years one and two, years three and four, and years five through seven. Another data point is the reserve balance as of December 31, 2012 and the annual reserve contribution. FINANCIAL PERFORMANCE Financial Performance was measured by Total Net Income, which measures the gross contribution of each property to the CHH main office, ranging from a $95,048 contribution to a negative $9,742. This is a good measure of the financial performance of the portfolio as the goal is to have each property at least self-sufficient, and ideally each should make some contribution to the main office to cover overhead and help CHH achieve its mission. It should be noted that the ability to distribute cash to CHH is restricted by partnership agreements for several properties with high Total Net Income. MISSION ALIGNMENT The second aspect of this analysis was to evaluate the portfolio by alignment to the CHH Mission. This is a difficult task as a property s alignment to the CHH Mission is subjective. An attempt was made to find an objective measure for this subjective concept. Per the CHH website, the CHH Purpose and Values are as follows: Founded in 1976 as an outgrowth of community action, CHH currently owns and operates 44 buildings, providing safe and affordable housing to low- and moderate-income individuals and families in Capitol Hill and nine other Seattle area neighborhoods. Capitol Hill Housing has functioned as the Community Development Corporation on Capitol Hill since its founding. We are committed to creating equitable and sustainable communities in central Seattle. CHH is leading community stakeholders in building a vision of development for generations to come, prioritizing outstanding architecture, pedestrian-oriented amenities, affordable housing, commercial opportunities, and space for arts and culture.
3 We envision a diverse community that includes housing for individuals and families across a broad range of incomes. We are proud to develop buildings in a community context and provide affordable homes that strengthen the neighborhoods we live in. We believe in each person's right to a safe, affordable, quality home. We act with integrity in our lives and with passion for our work. We cultivate a strong team that leads through a commitment to excellence. We are responsible stewards of our properties, communities and environment. We are caring and respectful of all residents, staff, community partners, and neighbors. Our core purpose can be summed up as Building Vibrant and Engaged Communities. Mission Alignment of the portfolio was measured in several ways. An exercise at the spring All Staff meeting was conducted to obtain staff input on what is a Capitol Hill Housing Building? This exercise revealed that staff has wide ranging thoughts about what constitutes a CHH building, but the comments were consolidated and the top five attributes were Affordability, Community, Transit/Pedestrian oriented, Safe/Secure, and Green. The CHH Board did a similar exercise at the Board Retreat held June 1, The results of this exercise indicated that the Board s idea of a mission centric building are similar to the staff s with Location, Affordability, Community, and Walkability as top attributes. The results of these exercises were incorporated into the Mission Scoring aspect of the portfolio. Since our mission is focused on the Capitol Hill neighborhood in Seattle, properties located on Capitol Hill and in the Central District received three points. Properties located in Belltown or CHH strategic neighborhoods scored two points, and 1 point was given to properties in other areas. To evaluate the portfolio on the Affordable Housing metric, three factors were measured, the overall size of the property, if the building has HUD units, and if the building has family units. Each building was scored on size and bonus points were added for HUD units and 20% or higher percentage of family units. Community was measured in several ways. Comments from the staff and board exercises mentioned the importance of community within the buildings. This community is enhanced through opportunities to interact both inside and outside the buildings. For the purpose of this analysis, the Interior community was measured by the availability of space to hold community gatherings or meetings inside the buildings. Exterior community was evaluated on the basis of outdoor space to hold gatherings or for social interaction. Bonus points were awarded for buildings with areas for a pea
4 patch or playgrounds, since these areas provide opportunities for community interaction. A point was also awarded to buildings where there is the potential to add community space. Walkscore.com was used to measure each building s pedestrian-oriented amenities. Walk Score is a number between 0 and 100 that measures the walkability of any address. From Walkscore.com: Walk Score measures how easy it is to live a car-lite lifestyle not how pretty the area is for walking. Walk Score uses a patent-pending system to measure the walkability of an address. The Walk Score algorithm awards points based on the distance to amenities in each category. Amenities within.25 miles receive maximum points and no points are awarded for amenities further than one mile. Walk Score uses a variety of data sources including Google, Education.com, Open Street Map, and Localeze. The CHH portfolio had Walk Scores from 55 to 100, with an average of 89. Three points were awarded to properties with a Walk Score from 90 to 100, two points for a Walk Score between 70 and 89, one point for Walk Score of and zero points for Walk Score under 60. Building Design was scored on a subjective judgment of each building, based on whether it preserves character, is visually attractive, in scale appropriate to the area, and has a positive neighborhood impact. The Mission Alignment score ranged from 21 for two properties to 9, with a portfolio average of 14. FINANCIAL SUSTAINABILITY We looked at the projected Capital Expenses for each property relative to its current reserves and reserve contribution to measure the Financial Sustainability. Property Management Staff provided an estimate of future capital expenditures for each property based on our Capital Needs Assessments. To assess the ability of the property to cover these expenses, the total amount of capital expenditures were calculated for a seven year period. The current reserve balance was deducted from the total and the result was divided by the annual reserve contribution. This measures the property s ability to cover its projected capital expenditure needs over the next seven years. A negative value from this calculation is actually good, as it indicates the property can pay for projected capital expenditures on its own. Properties with a high positive ratio are unable to cover the projected capital expenditures from current reserves and projected contributions. The result of this calculation was used to assign a score to each property. Negative values greater than one had the sign changed and this was the score. Values between -.9 and 2 scored 1, 2.1 to 4 scored.75, 4.1 to 10 scored.50, and values over 10 were scored.25.
5 The size of the bubble on the scattergram is based on the Financial Sustainability score, the bigger the bubble, the more sustainable the property. SCATTERGRAMS To evaluate the portfolio on Financial Performance, Mission Alignment and Financial Sustainability, the properties were plotted on a bubble scattergram. The X axis measures each property s Financial Performance and the Y axis measures the Mission Alignment. Financial Sustainability is measured by the size of the bubble (Z axis). The resultant scattergram was divided into four quadrants. According to mathematical convention, the upper right quadrant is known as Quadrant I, the upper left quadrant is Quadrant II, lower left quadrant is Quadrant III, and lower right quadrant is Quadrant IV. The book Nonprofit Sustainability by Bell, Mazaoka and Zimmerman was used as a guide for this analysis. This book describes the properties or programs in Quadrant I as Stars. These are High Impact, High Profitability properties and the goal is to invest and grow them. Quadrant III (lower left) are Stop Sign, or unhappy properties. These are Low Impact, Low Profitability properties and the strategic imperative is to try to move them to profitability, increase the mission, or divest. Properties in Quadrant II are Heart properties. These have High Impact, but Low Profitability. The strategic goal here is to keep the property but contain costs and try to move them toward profitability. Finally, properties in the lower right quadrant, (Quadrant IV) are Money Tree or Cash Positive properties. These properties are characterized by Low Mission Impact, but High Profitability. Goals here include Water, Harvest and Increase Mission Impact. Properties move from quadrant to quadrant as profitability and mission alignment change. From an operations perspective, the goal should be to move properties toward Quadrant I. Quadrant III properties should be carefully analyzed for ways to increase the mission or profitability and if there is no cost effective way to improve the property they should be disposed of. The Total Net Income vs. Mission scattergram has the Mission Alignment line drawn at 12, two points below the average mission score of 14 and the Financial Viability line drawn at $10,000. Only two CHH properties fell in Quadrant III. These properties are being actively evaluated for potential mission improvements and closely monitored to maximize financial performance. The CHH Portfolio Assessment Bubble Scattergram is attached. ACTION PLANS: Based on the results of the assessment, CHH created 43 Action Plans one for every stabilized building in our portfolio. The Action Plans are two pages long and the goal is to provide general
6 property data as well as specific steps to increase the performance of each property across the three metrics, Financial Performance, Mission Alignment and Financial Sustainability. The front page of the Action Plan features a detailed compilation of property data which includes basic property information as well as the date of acquisition, average household income of residents, any significant date that affects the property and the debt cover ratio. This data is helpful for readers who may not be familiar with the property to get a general frame of reference regarding the asset. The property financials are summarized and compared on a per unit basis to the entire CHH Portfolio as well as a subset of comparable properties. This allows the reader to compare the financial performance to the whole portfolio as well as a relevant subset of buildings. The projected Capital Expenditures over the next seven years, current reserves and reserve contribution are summarized into the Financial Sustainability score. The second page of the Action Plan includes the calculation of the Mission Alignment score. The property turnover data is summarized. This is useful since turnover has a large impact on the financial performance of the property since every time someone moves out we incur repair and maintenance costs, leasing costs, and lost rent while the unit is vacant. As part of the Action Plan process we surveyed all of our residents. The survey consisted of thirteen multiple choice questions phrased in such a way that 5 was favorable and 1 was unfavorable. The survey also had two open ended questions that allowed residents to provide comments. Survey questions were summarized into three general categories and the property s survey results compared to the portfolio average. Finally, specific steps for improvements across each metric were developed and a timetable for achieving these improvements is set. These Action Plans provide a framework to improve property operations, with the goal of moving each property to Quadrant I, Star. Every draft was reviewed by Capitol Hill Housing s CFO, COO, Director of Property Management, Asset Manager, Portfolio Manager and Site Manager for each property. The final drafts of these documents presenting specific improvements and the timing around them were submitted to property staff for their input and buy-in. The plans have been compiled into a physical handbook which was provided to Board and Senior Staff members to guide decision making and measure progress toward goals, as well as Site Staff to help focus day to day activities toward the strategic goal for each property. Four representative Action Plans are attached. CONCLUSION AND GOALS FOR IMPLEMENTATION: The Portfolio Assessment and Action Plans have been extremely useful to CHH Board, Senior Management and Staff. The Portfolio Assessment provides an evaluation framework for strategic decisions regarding the portfolio. Properties located in QI are considered core
7 properties that are both in alignment with the CHH mission and contribute financially. Quadrant II properties meet the mission of the organization but are not currently financially sustainable. Efforts should be made to increase the financial performance of these properties. Quadrant IV is populated by financially successful properties that are below average in mission alignment. To the degree possible, strategies to increase the mission alignment of these properties should be implemented to move them toward Quadrant I Properties located in Quadrant III are below the acceptable level in both mission alignment and financial sustainability. These properties should be evaluated carefully for potential improvements on both metrics. The Portfolio Assessment methodology can also be used to inform decisions regarding future acquisitions and property development opportunities. The Action Plans will provide a strategic roadmap for each property to maximize its performance across each metric, Financial Performance, Mission Alignment and Financial Sustainability. Our primary goal for the year to come is to improve the overall portfolio sustainability. We plan to measure this by updating the Portfolio Assessment in early 2015 with 2014 financial results. We will compare the results to the 2013 Portfolio Assessment. The Action Plans will be used as the strategic roadmap for improving the portfolio sustainability. Quarterly meeting will be held between Asset Management Staff and Property Management staff to monitor progress on the steps to improve the properties across the various metrics. Financial Performance improvements will be achieved through careful management of the financial performance to budget. Moving the Mission Alignment score is challenging, but we are actively seeking ways within our portfolio to improve the mission score. For example, an unused basement room at one of our properties is in the process of being converted to a community room, with meeting space, AV equipment, and kitchen facilities. Financial Sustainability will be maximized by implementing capital projects where necessary and strategic refinancings where possible. We have developed a Portfolio Strategy Matrix to organize and prioritize actions to be taken at each property. This matrix will help staff visualize portfolio improvements and achieve economies of scale on refinancings and capital projects.
8 25 24 Capitol Hill Housing 2013 Portfolio Assessment Mission-Financial Performance-Financial Sustainability Matrix M i s s i o n $10,000 $0 $10,000 $20,000 $30,000 $40,000 $50,000 $60,000 $70,000 $80,000 $90,000 $100, Each bubble represents a property. -Size of bubble depicts the financial sustainability measure. -Bubble colors are random. 7 $$$ 6 5 Net Income
9 Capitol Hill Housing Portfolio Assessment Presentation at AHMA/ARHC Conference April 23, 2014 Jill Fleming Brad Lange
10 Founded in 1976 Capitol Hill Housing
11 Capitol Hill Housing Founded in 1976 Functions as Community Development Corporation on Capitol Hill, Seattle
12 Capitol Hill Housing Founded in 1976 Function as Community Development Corporation on Capitol Hill, Seattle Own and operate 44 buildings encompassing 1,197 units
13
14 Tiltsonian--Acquired 1983
15 The Jefferson Completed 2012
16 Capitol Hill Housing Founded in 1976 Function as Community Development Corporation on Capitol Hill, Seattle Own and operate 44 buildings encompassing 1,197 units 88 units under construction
17
18 Capitol Hill Housing Founded in 1976 Function as Community Development Corporation on Capitol Hill, Seattle Own and operate 44 buildings encompassing 1,197 units 88 units under construction Additional development opportunities in pipeline
19 Capitol Hill Housing Core Purpose Building vibrant and engaged communities
20 History of Asset Management at CHH 2007 Created Asset Management Department Capital Needs Assessments Partial Portfolio Assessment 2013 Asset Management 2.0 Bubble charts and Action Plans
21 Portfolio Assessment Goal is to provide assessment of portfolio for Board and Senior Management decision making.
22 Portfolio Assessment Goal is to provide assessment of portfolio for Board and Senior Management decision making. Evaluated three aspects of each property: Financial Performance
23 Portfolio Assessment Goal is to provide assessment of portfolio for Board and Senior Management decision making. Evaluated three aspects of each property: Financial Performance Mission Alignment
24 Portfolio Assessment Goal is to provide assessment of portfolio for Board and Senior Management decision making. Evaluated three aspects of each property: Financial Performance Mission Alignment Financial Sustainability
25 Bubble Scattergram
26 Bubble Scattergram Snapshot in time. Goal is to move properties to Quadrant I. This methodology based on the book Nonprofit Sustainability by Bell, Masaoka, Zimmerman
27 Quadrant I Star Properties
28 Star Property-- Pantages
29 Quadrant II Heart Properties
30 Heart Property Lincoln Court
31 Quadrant IV Cash Positive
32 Cash Positive Property-- Larned
33 Quadrant III Unhappy Properties
34 Unhappy Property Byron Wetmore
35 Financial Performance Measure Used Net Income as measure of Financial Performance Adjusted so fee income to CHH is included as Net Income
36 Net Income
37 Mission Alignment What is a Capitol Hill Housing Building? All staff meeting Board retreat Multiple iterations
38 Mission Alignment Settled on five factors: Location,
39 Mission Alignment Settled on five factors: Location, Affordable Housing,
40 Mission Alignment Settled on five factors: Location, Affordable Housing, Community,
41 Mission Alignment Settled on five factors: Location, Affordable Housing, Community, Pedestrian Oriented Activities,
42 Mission Alignment Settled on five factors: Location, Affordable Housing, Community, Pedestrian Oriented Activities, Building Design.
43
44
45 Financial Sustainability Used projected capital expenditures from Capital Needs Assessments for next seven years. Developed scoring system to compare properties. The size of the bubble is based on the score: bigger bubble = more sustainable.
46 Bubble Scattergram
47
48
49 Any questions on the Portfolio Assessment or Bubble Scattergram?
50 Action Plans Purpose is to provide strategic road map for each property
51 Action Plans Purpose is to develop strategic road map for each property. Provide framework to improve property operations.
52 Action Plans Purpose is to develop strategic road map for each property. Provide framework to improve property operations. Staff buy in for improvements and timing.
53 General Building Info Financials including per unit comparisons Capital Needs/ Financial Sustainability
54 Mission Score Turnover Info Survey results Comments Steps to improve property across each metric Goal and timetable
55
56
57
58
59
60
61
62
63
64
65 Next Steps Creating Portfolio Strategy Matrix Help us to prioritize work Visualize portfolio improvements and achieve economies of scale Revisit Portfolio Assessment in two years to gauge progress
66 Questions? us at: Jill Fleming- Brad Lange- Thanks for your time!
67 Capitol Hill Housing Pantages Apartments PROPERTY ACTION PLAN December 26, 2013 BUILDING PROFILE NAME: Pantages Apartments ADDRESS: 803 E. Denny Way Seattle, WA UNITS: 49 total 3 studio, 26-1 bed, 15-2 bed, 5-3 bed BUILT/RENOV.: Built 1907/2005 Renovated N/A PLACED IN SVC.: December 2005 TYPE: Acq. Rehab of existing house, new construction FINANCING: LIHTC, City, State Bank loans INCOMES SERVED: 30%, 50% AVG. HOUSEHOLD INC. $16,633 SIGNIFICANT DATE: Dec 2019-Year 15 D C 12/31/12: 1.76 PORTFOLIO ASSESSMENT: Quad I Star FINANCIALS as of 12/31/12 Property Per Unit CHH Portfolio Large Bldg. Group Revenue: Gross Potential Residential Rent: $442,746 $9,036 $8,876 $8,525 Less Vacancy Loss & concessions -8, Total Residential Rent Revenue 433,820 8,853 8,572 8,257 Other Revenue Commercial Income Other Income 28, Total Other Revenue 28, Total Revenue 462,231 9,433 9,343 9,122 Expenses Administrative 145,146 2,962 2,788 2,692 Utilities 44, ,112 1,048 Operating and maintenance 66,000 1,347 1,613 1,770 Taxes and insurance 34, Total Operating Expense 290,127 5,921 6,170 6,138 Operating Surplus (Deficit) 172,104 3,512 3,173 2,985 Partnership Expenses and Debt Service Partnership Expenses -13, Debt Service -77,136-1,574-1,919-1,705 Total Partnership Expenses and Debt Service 90,136-1,840-2,086-1,942 Operating Surplus (Deficit) B4 Reserves 81,968 1,673 1,087 1,043 Reserve Contributions Replacement Reserve -24, Operating Reserve -4, Total Reserve Contributions -29, Operating Surplus (Deficit) 52,668 1, FINANCIAL SUSTAINABILITY Year 1-2 Years 3-4 Years 5-7 Total Capital Exp. Pending $5,000 decking $10,000 laundry equipment $30,000 exterior painting $45,000 Replacement Reserve Balance Annual Replacement Reserve Financial Sustainability Score Pantages Apts $483,631 $24, CHH Portfolio Avg. $110,362 $14,
68 MISSION ALIGNMENT SCORE Loc. Afford. HUD or Family Comm. Indoor Comm. Outdoor Playground or P-Patch Pot. to Add Pedestrian Oriented Building Design Total Pantages Portfolio Avg TURNOVER RATE % Avg. Length of Tenancy Income Avg. Age of HH Pantages 24% 2.1 years $13, years Portfolio Avg. 18% 4.3 years $20, years RESIDENT SURVEY RESULTS: Port. Avg. Response Rate 51% 48% Avg. score for all questions: 4.01/ Mgmt. & maintenance questions: 4.04/ Satisfaction w/ apt. questions: 4.17/ Sense of community questions: 3.73/ COMMENTS: For the purpose of the Portfolio Assessment, $13,000/ $265 PU for Partnership Management Fee and $33,125/$676 PU for pay down of CHH Sound Families Loan were added to Net Income. Pantages achieved the highest Financial Sustainability score in the Portfolio Assessment, and tied with Broadway Crossing for the highest score on Mission Alignment. QUOTE: - I love my apartment and have been here for 4 years. The manager has been great. I am grateful to be here and feel very lucky. survey respondent ACTION PLAN: Steps to improve Financial Performance: Monitor unit turns to minimize vacancy loss. Keep close eye on transitional units. Proactively manage building to minimize future capital expenditures. Increased parking fees will boost revenue. Steps to improve Mission Alignment: Consider roof deck improvements to enhance utility. Second WIFI line added to increase resident satisfaction. Evaluate potential lift and enhancements to community room to enhance access and utility. Check into addition of resident computers. Steps to improve Financial Sustainability: Pantages appears to have adequate funds to cover projected capital expenditures. Timetable and goal for improvements: Target to address items by end of QII 2014.
Protecting Your Hard-Won Assets Through Strong Asset Management
Protecting Your Hard-Won Assets Through Strong Asset Management Industry perspectives: Carl Dudeck, Director of Housing Management, PHFA Danny Green, Asset Manager, Enterprise Nancy Batchelder, Acting
More informationMOTION NO. M Capitol Hill Site D Agreement with Seattle Central College and Capitol Hill Housing
MOTION NO. M2017-145 Capitol Hill Site D Agreement with Seattle Central College and Capitol Hill Housing MEETING: DATE: TYPE OF ACTION: STAFF CONTACT: Board 11/16/2017 Final Action Don Billen, Acting Deputy
More informationAnalysis of a Troubled Deal. Keith Broadnax Joshua Ghena David Helm Josh White
Analysis of a Troubled Deal Keith Broadnax Joshua Ghena David Helm Josh White Identifying a Troubled Deal How to Spot and Fix Problem Deals Introduction to Presenters Josh Ghena- Lansing MI Director Special
More informationCity-Wide Real Estate Transformation
City-Wide Real Estate Transformation Presentation on Portfolio & Asset Management Toronto Realty Agency Board Meeting October 20, 2017 Re: RA5.3 What is Portfolio Strategy & Asset Management Portfolio
More information10/22/2012. Growing Transit Communities. Growing Transit Communities Partnership. Partnership for Sustainable Communities
Growing Transit Communities Growing Transit Communities Partnership APA Washington Conference October 11, 01 Three year effort funded by HUD s Partnership for Sustainable Communities Implementation of
More informationDetroit Neighborhood Housing Markets
Detroit Neighborhood Housing Markets Market Study 2016 In 2016, Capital Impact s Detroit Program worked with local and national experts to determine the residential market demand across income levels for
More informationREPORT. DATE ISSUED: December 19, 2014 REPORT NO: HCR Chair and Members of the San Diego Housing Commission For the Agenda of January 16, 2015
REPORT DATE ISSUED: December 19, 2014 REPORT NO: HCR15-008 ATTENTION: SUBJECT: Chair and Members of the San Diego Housing Commission For the Agenda of January 16, 2015 COUNCIL DISTRICT: 9 REQUESTED ACTION
More informationSERVICE & IMPROVEMENT PLAN AND ASSESSMENT PLAN:
DOWNTOWN MIDLAND MANAGEMENT DISTRICT SERVICE & IMPROVEMENT PLAN AND ASSESSMENT PLAN: 2010-2019 August 25, 2009 Table of Contents 1. Introduction...1 2. Background: The First Five Years...2 3. Service &
More informationANALYTICS & MANAGEMENT OF MIXED INCOME PROPERTY
MIXED INCOME PROPERTY CFO FORUM NEIGHBORWORKS AMERICA TRAINING INSTITUTE KANSAS CITY, MISSOURI Presented by Len Tatem (Tatem Consulting LLC) & John Kelley (CNAHS/HRI Cambridge, MA) DEFINING MIXED-INCOME
More informationBUILDING VALUE THROUGH DEVELOPMENT
BUILDING VALUE THROUGH DEVELOPMENT DELIVERING LONG-TERM RETURNS GWL Realty Advisors is a leading real estate investment advisor providing comprehensive asset management, property management, development
More informationJOB DESCRIPTION MANAGEMENT EXCLUSION
1. Position No. Various 2. Descriptive Working Title SENIOR DEVELOPMENT MANAGER JOB DESCRIPTION MANAGEMENT EXCLUSION 3. Present Classification Excluded Mgmt 4. Branch DEVELOPMENT AND ASSET 5. Department
More informationChapter 24 Saskatchewan Housing Corporation Housing Maintenance 1.0 MAIN POINTS
Chapter 24 Chapter 24 Saskatchewan Housing Corporation Housing Maintenance 1.0 MAIN POINTS The Saskatchewan Housing Corporation s maintenance of the 18,300 housing units it owns is essential to preserve
More informationCHAUTAUQUA COUNTY LAND BANK CORPORATION
EXHIBIT H CHAUTAUQUA COUNTY LAND BANK CORPORATION LAND ACQUISITION AND DISPOSITION POLICIES AND PRIORITIES November 14, 2012 *This document is intended to provide guidance to the Chautauqua County Land
More informationNAREIT Presentation June George Ellison, CEO Robin Lowe, CFO. welcome. home Front Yard Residential. All rights reserved.
NAREIT Presentation June 2018 George Ellison, CEO Robin Lowe, CFO welcome home. 2018 Front Yard Residential. All rights reserved. 1 Forward-looking Statements This presentation contains forward-looking
More informationMarketREVIEW INSIGHT TRENDS PERSPECTIVE. Adams County, PA 2nd Quarter 2015
MarketREVIEW INSIGHT TRENDS PERSPECTIVE Adams County, PA 2nd Quarter 2015 RESEARCH & MAPPING TABLE OF CONTENTS RETAIL MARKET REVIEW Adams County Retail Vacancy Remains Low 3 Dear Reader, This report provides
More informationTerms of Reference for Town of Caledon Housing Study
1.0 Introduction Terms of Reference for Town of Caledon Housing Study The Town of Caledon is soliciting proposals for a comprehensive Housing Study. Results of this Housing Study will serve as a guiding
More informationKent Land Trust Strategic Reassessment Project Final Report
Kent Land Trust Strategic Reassessment Project Final Report Prepared For: Connecticut Institute for Resilience and Climate Adaptation (CIRCA) Prepared by: Michael A. Benjamin, Land Steward, Kent Land Trust
More informationAssessing Affordable Housing Need A Practical Toolkit. Jenni Easton, AICP Nick Fedorek
Assessing Affordable Housing Need A Practical Toolkit Jenni Easton, AICP Nick Fedorek Research questions: What should communities know about their housing markets? What can various types of analysis tell
More informationNational Housing Trust Fund Allocation Plan
National Housing Trust Fund Allocation Plan FINAL PENDING APPROVAL OF THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT Fostering the Development of Strong, Equitable Neighborhoods Brian Kenner Deputy
More informationExtending the Right to Buy
Memorandum for the House of Commons Committee of Public Accounts Department for Communities and Local Government Extending the Right to Buy MARCH 2016 4 Key facts Extending the Right to Buy Key facts 1.8m
More informationPoughkeepsie City Center Revitalization Plan
Purpose and Need Purpose Increase job and educational opportunities for all residents Maximize fiscal productivity of downtown land uses Diversify retail mix Eliminate surface and building vacancies Create
More informationOffering Memorandum for the Subject Property located at: th Avenue, San Diego 92103
Titan Pacific Group, Inc. Real Estate Sales & Investments Lic. 01521873 949.464.7639 office www.titanpac.com Omid Yousofi Principal Partner & Realtor Lic. 01702974 858.232.5712 mobile omid@titanpac.com
More informationFront Yard Residential Corporation Reports Third Quarter 2018 Results
Front Yard Residential Corporation Reports Third Quarter 2018 Results November 7, 2018 CHRISTIANSTED, U.S. Virgin Islands, Nov. 07, 2018 (GLOBE NEWSWIRE) -- Front Yard Residential Corporation ( Front Yard
More informationItem # 9 September 13, 2006
Item # 9 September 13, 2006 Planning and Development Department Land Use Planning Division To: From: Planning Commission Allan Gatzke Principal Planner Memorandum Date: September 13, 2006 Subject: Housing
More informationTASK 2 INITIAL REVIEW AND ANALYSIS U.S. 301/GALL BOULEVARD CORRIDOR FORM-BASED CODE
TASK 2 INITIAL REVIEW AND ANALYSIS U.S. 301/GALL BOULEVARD CORRIDOR FORM-BASED CODE INTRODUCTION Using the framework established by the U.S. 301/Gall Boulevard Corridor Regulating Plan (Regulating Plan),
More informationGrantee: Broward County, FL Grant: B-08-UN April 1, 2012 thru June 30, 2012 Performance Report
Grantee: Broward County, FL Grant: B-08-UN-12-0002 April 1, 2012 thru June 30, 2012 Performance Report 1 Grant Number: Obligation Date: Award Date: B-08-UN-12-0002 Grantee Name: Contract End Date: Review
More informationSummary of Findings. Community Conversation held November 5, 2018
Summary of Findings Housing and the Future of Lebanon: What types of homes do we need in Lebanon to have a thriving community for all who live or work here? Community Conversation held November 5, 2018
More informationHardwick State of the Town Forum & Charrette Summary
Hardwick State of the Town Forum & Charrette Summary May 2014 Introduction The purpose of this report is to summarize the positions of approximately 50 residents of Hardwick provided at a State of the
More informationFinancial Analysis of Urban Development Opportunities in the Fairfield and Gonzales Communities, Victoria BC
Financial Analysis of Urban Development Opportunities in the Fairfield and Gonzales Communities, Victoria BC Draft 5 December 2016 Prepared for: City of Victoria By: Table of Contents Summary... i 1.0
More informationAffordable Housing Gap and Economic Analysis
Affordable Housing Gap and Economic Analysis Town of Chapel Hill April 4, 2017 DAVID PAUL ROSEN & ASSOCIATES D EVELOPMENT, FINANCE AND POLICY ADVISORS Town of Chapel Hill PREPARED FOR: Town of Chapel Hill
More informationTransfers of Property Q Sound Transit did not transfer any properties subject to RCW (1)(b) during the first quarter of 2018.
Sound Transit s Office of Land Use Planning & Development Transit Oriented Development Quarterly Status Report Q1 2018 Background RCW 81.112.350 requires Sound Transit to provide quarterly reports of any
More informationPROPOSED METRO JOINT DEVELOPMENT PROGRAM: POLICIES AND PROCESS July 2015 ATTACHMENT B
PROPOSED METRO JOINT DEVELOPMENT PROGRAM: POLICIES AND PROCESS ATTACHMENT B TABLE OF CONTENTS I. INTRODUCTION / PURPOSE............................ 3 II. OBJECTIVES / GOALS..................................
More informationMOTION NO. M Capitol Hill Transit-Oriented Development Purchase and Sale Agreement and Ground Lease
MOTION NO. M2015-34 Capitol Hill Transit-Oriented Development Purchase and Sale Agreement and Ground Lease MEETING: DATE: TYPE OF ACTION: STAFF CONTACT: Board 04/23/2015 Final Action Ric Ilgenfritz, Executive
More informationSixth + Westlake Westlake Avenue. Free Standing Single Tenant. WESTLAKE ave. Colliers International 601 Union Street, Suite 5300
6th street 1953 Avenue Seattle, WA 98101 Free Standing Single Tenant NNN Ground Lease WESTLAKE ave NEW AMAZON Paul Sleeth Executive Vice President +1 206 223 1266 paul.sleeth@colliers.com Billy Sleeth
More informationAnnual Meeting of Shareholders. June 13, :00am (CDST)
Annual Meeting of Shareholders June 13, 2005 10:00am (CDST) 1 Forward - Looking Statements Certain matters that will be discussed during the Annual Shareholders Presentation for Crescent Real Estate Equities
More informationHousing Commission Report
Housing Commission Report To: From: Subject: Housing Commission Meeting: July 21, 2016 Agenda Item: 4-B Chair and Housing Commission Barbara Collins, Housing Manager Draft Request for Proposals for Mountain
More informationSound Transit s Office of Land Use Planning & Development Transit Oriented Development Quarterly Status Report Q2 2018
Sound Transit s Office of Land Use Planning & Development Transit Oriented Development Quarterly Status Report Q2 2018 Background RCW 81.112.350 requires Sound Transit to provide quarterly reports of any
More informationLease accounting survey Preparing for implementation
Lease accounting survey Preparing for implementation Executive summary The new lease accounting standard proposed by the Financial Accounting Standards Board (FASB) fundamentally changes the rules that
More informationCity of Puyallup. Parks Impact Fee Study
City of Puyallup Parks Impact Fee Study August 23, 2005 Prepared by Financial Consulting Solutions Group, Inc. 8201 164 th Avenue NE, Suite 300 Redmond, WA 98052 tel: (425) 867-1802 fax: (425) 867-1937
More informationThe Housing and Community Services Agency of Lane County (HACSA) Growing and Preserving Affordable Housing HACSA Board Work Session April 6, 2016
The Housing and Community Services Agency of Lane County (HACSA) Growing and Preserving Affordable Housing HACSA Board Work Session April 6, 2016 HACSA s 2016 2018 Strategic Vision Increase the number
More informationAchieved record annual revenues of $110.0 million for 2018, representing an increase of 5.8%
Clipper Realty Inc. Announces Fourth Quarter and Full-Year 2018 Results Reports Record Annual Revenues, Record Annual Income from Operations and Record Quarterly and Annual Adjusted Funds from Operations
More informationINVENTORY POLICY For Real Property
INVENTORY POLICY For Real Property (Consolidated Revenue Fund Entities) Page 1-10 CONTENTS 1. TITLE... 3 2. OVERVIEW... 3 3. PURPOSE... 3 4. POLICY STATEMENT... 3 5. APPLICATION... 7 6. EVALUATION AND
More informationTerms of Reference for the Regional Housing Affordability Strategy
Terms of Reference for the Regional Housing Affordability Strategy Prepared by: CRD Regional Planning Services September, 2001 Purpose The Capital Region is one of the most expensive housing markets in
More informationUnderstanding the Economics & Financing Structures of Moderately Priced Life Plan Communities
Understanding the Economics & Financing Structures of Moderately Priced Life Plan Communities 2 Today s Presenters Wayne Olson, Executive Vice President, Volunteers of America National Services Steve Kuhns,
More informationWood Dale Comprehensive Plan Open House #2 Summary
Wood Dale Comprehensive Plan Open House #2 Summary Wood Dale residents once again showed great enthusiasm and energy for the planning process that is guiding development of the City s Comprehensive Plan.
More information7224 Nall Ave Prairie Village, KS 66208
Real Results - Income Package 10/20/2014 TABLE OF CONTENTS SUMMARY RISK Summary 3 RISC Index 4 Location 4 Population and Density 5 RISC Influences 5 House Value 6 Housing Profile 7 Crime 8 Public Schools
More informationCHAPTER Committee Substitute for Committee Substitute for House Bill No. 437
CHAPTER 2013-83 Committee Substitute for Committee Substitute for House Bill No. 437 An act relating to community development; amending s. 159.603, F.S.; revising the definition of qualifying housing development
More informationINSIDER S GUIDE. The 5 Most Powerful Ways to Improve Tenant Satisfaction Today
INSIDER S GUIDE The 5 Most Powerful Ways to Improve Tenant Satisfaction Today Tenant satisfaction significantly impacts your bottom line. Overview: The Real Cost of Tenant Dissatisfaction You try hard
More informationPUBLIC NOTICE* Studies Requested: Parking analysis. Other Required Permits: Building Permit, Site Development Permit
C I T Y O F T A C O M A Planning & Development Services Department 747 Market St, Rm 345 Tacoma, WA 98402 PUBLIC NOTICE* Date of Notification: 1/15/2019 Application Received: 12/03/2018 Application Complete:12/07/2018
More informationDRAFT REGIONAL AFFORDABLE HOUSING STRATEGY and METRO VANCOUVER HOUSING CORPORATION
DRAFT REGIONAL AFFORDABLE HOUSING STRATEGY and METRO VANCOUVER HOUSING CORPORATION Presentation to District of North Vancouver Dec 1, 2015 WHY A STRATEGY? Nonprofits Govt Market METRO VANCOUVER HOUSING
More informationASSET MANAGEMENT PLAN FOR THE TENNESSEE HOUSING DEVELOPMENT AGENCY LOW-INCOME HOUSING TAX CREDIT MULTIFAMILY TCAP AND SECTION 1602 PORTFOLIO
ASSET MANAGEMENT PLAN FOR THE TENNESSEE HOUSING DEVELOPMENT AGENCY LOW-INCOME HOUSING TAX CREDIT MULTIFAMILY TCAP AND SECTION 1602 PORTFOLIO Table of Contents I. Introduction II. Overview III. Reporting
More informationSummary of Findings & Recommendations
Summary of Findings & Recommendations Minneapolis/St. Paul Region Mixed Income Housing Feasibility, Education and Action Project Background In 2015 and 2016, the Family Housing Fund and the Urban Land
More informationClipper Realty Inc. Announces Third Quarter 2018 Results Reports Record Revenues, Income From Operations and Adjusted Funds From Operations
Clipper Realty Inc. Announces Third Quarter 2018 Results Reports Record Revenues, Income From Operations and Adjusted Funds From Operations NEW YORK, November 1, 2018 /Business Wire/ -- Clipper Realty
More informationThe result of your calculations is the Net Operating Income, or monthly cash flow BEFORE any mortgage payments.
CHEAT SHEET #6 NET OPERATING INCOME (IS YOUR RENTAL REALLY MAKING MONEY?) The Net Operating Income calculation is fairly straightforward. al income minus the expenses to own and operate the property equals
More information4 LAND USE 4.1 OBJECTIVES
4 LAND USE The Land Use Element of the Specific Plan establishes objectives, policies, and standards for the distribution, location and extent of land uses to be permitted in the Central Larkspur Specific
More informationFront Yard Residential Corporation Announces Transformative Acquisition and Reports Second Quarter 2018 Results
Front Yard Residential Corporation Announces Transformative Acquisition and Reports Second Quarter 2018 Results August 9, 2018 CHRISTIANSTED, U.S. Virgin Islands, Aug. 09, 2018 (GLOBE NEWSWIRE) -- Front
More informationTown of Yucca Valley GENERAL PLAN 1
Town of Yucca Valley GENERAL PLAN 1 This page intentionally left blank. 3 HOUSING ELEMENT The Housing Element is intended to guide residential development and preservation consistent with the overall values
More informationRFP REQUEST FOR PROPOSAL. for TAX CREDIT ADVISOR SERVICES. for BOULDER HOUSING PARTNERS. March 6, 2012 Requested Return: March 15, 2010
RFP 06-2012 REQUEST FOR PROPOSAL for TAX CREDIT ADVISOR SERVICES for BOULDER HOUSING PARTNERS March 6, 2012 Requested Return: March 15, 2010 Boulder Housing Partners 4800 Broadway Boulder, CO 80304 (720)
More informationProperty Asset Management
Property Asset Management Contributing Departments Planning, Prop. & Devl. 99% Public Works 1% 2007 Budget: $11.3 M Tax Supported Property Asset Mgmt $33.0 M Civic Accommodations Fund $28.7 M Building
More informationThe Township of Montclair Seymour Street Redevelopment Plan Fiscal Impact Report
August 12, 2016 The Township of Montclair Seymour Street Redevelopment Plan Fiscal Impact Report Summary of Findings: the following is a Fiscal Impact Report regarding the Seymour Street Redevelopment
More informationPosition Specification
Position Specification Chief Real Estate Officer 07 June 2017 Carlson Beck advises Habitat for Humanity Greater San Francisco on the basis of an exclusive consulting assignment. POSITION SPECIFICATION
More informationInwood NYC Update. CB 12 Land Use Committee May 3, 2017
Inwood NYC Update CB 12 Land Use Committee May 3, 2017 Overview 1. Inwood NYC Recap 2. Community Engagement 3. Early City Investments - Investing in the people of Inwood - Improving neighborhood infrastructure
More informationLegal and Realty Services 2012 Annual Report
Legal and Realty Services 2012 Annual Report Table of Contents Introduction 2 Section 1: Key Initiative Summary 4 Section 2: Legal and Realty Services Dashboard and Scorecard 5 Section 3: Data Analysis
More informationApril 1, 2012 thru June 30, 2012 Performance Report
Grantee: Elyria, OH Grant: B-08-MN-39-0007 April 1, 2012 thru June 30, 2012 Performance Report 1 Grant Number: B-08-MN-39-0007 Grantee Name: Elyria, OH Grant Amount: $2,468,215.00 Estimated PI/RL Funds:
More informationCITY OF -S. SUBJECT: SEE BELOW DATE: February 24, 2016 SUPPORT FOR THE 2017 MOVING TO WORK ANNUAL PLAN
HOUSING AUTHORITY BOARD AGENDA: 03/08/16 ITEM: SAN JOSE Memorandum CITY OF -S. CAPITAL OF SILICON VALLEY TO: SAN JOSE HOUSING AUTHORITY BOARD OF COMMISSIONERS FROM: Jacky Morales-Ferrand SUBJECT: SEE BELOW
More informationStatus of HUD-Insured (or Held) Multifamily Rental Housing in Final Report. Executive Summary. Contract: HC-5964 Task Order #7
Status of HUD-Insured (or Held) Multifamily Rental Housing in 1995 Final Report Executive Summary Cambridge, MA Lexington, MA Hadley, MA Bethesda, MD Washington, DC Chicago, IL Cairo, Egypt Johannesburg,
More informationGrantee: Broward County, FL Grant: B-08-UN April 1, 2011 thru June 30, 2011 Performance Report
Grantee: Broward County, FL Grant: B-08-UN-12-0002 April 1, 2011 thru June 30, 2011 Performance Report 1 Grant Number: B-08-UN-12-0002 Grantee Name: Broward County, FL Grant Amount: $17,767,589.00 Grant
More informationNYS HOME Local Program Small Rental Development Initiative Pro forma Budget Workbook Instructions
NYS HOME Local Program Small Rental Development Initiative Pro forma Budget Workbook Instructions I. Overview This Excel Workbook consists of 6 worksheets: 1) Project Summary 2) HOME Limits 3) Units &
More informationINTRODUCTION TO FEDERAL LOW INCOME HOUSING TAX CREDITS. 1. Applicable Percentage
INTRODUCTION TO FEDERAL LOW INCOME HOUSING TAX CREDITS I. THE TAX CREDIT GENERALLY a. Established under the Tax Reform Act of 1986. Essentially an effort to partially privatize the affordable housing industry.
More informationGENESEE COUNTY LAND BANK AUTHORITY POLICIES
GENESEE COUNTY LAND BANK AUTHORITY POLICIES As Amended by the Board of Directors on April 18, 2018 Contents 1. Policies Governing the Acquisition of Properties... 3 2. Priorities Concerning the Disposition
More informationMOTION NO. M Roosevelt Station Central TOD Site Property Transaction Agreements PROPOSED ACTION
MOTION NO. M2017-143 Roosevelt Station Central TOD Site Property Transaction Agreements MEETING: DATE: TYPE OF ACTION: STAFF CONTACT: Board 11/16/2017 Final Action Don Billen, Acting Executive Director,
More informationInvestor Presentation. First Quarter 2015
Investor Presentation First Quarter 2015 1 CAUTIONARY STATEMENTS Today s session and our answers to questions contain statements that constitute forward-looking statements about expected future events
More informationINVENTORY POLICY For Real Property
INVENTORY POLICY For Real Property (Broader Public Sector Entities) Page 1-12 CONTENTS 1. TITLE... 3 2. OVERVIEW... 3 3. PURPOSE... 3 4. POLICY STATEMENT... 3 5. APPLICATION... 7 6. EVALUATION AND REVIEW...
More informationCOMMUNITY REDEVELOPMENT AGENCY AGENDA ITEM SUMMARY
8B1 COMMUNITY REDEVELOPMENT AGENCY AGENDA ITEM SUMMARY PLACEMENT: DEPARTMENTAL PRESET: 4:30 PM TITLE: APPROVE REPORTING METRICS FOR TAX INCREMENT FINANCING FUNDED CAPITAL INVESTMENT PROJECTS LOCATED WITHIN
More informationPermanent Supportive Housing: An Operating Cost Analysis
Permanent Supportive Housing: An Operating Cost Analysis About Corporation for Supportive Housing (CSH) For 20 years, CSH has been a catalyst for housing connected with services to prevent and end homelessness.
More informationNational Housing Trust Fund Implementation. Virginia Housing Alliance
National Housing Trust Fund Implementation Virginia Housing Alliance June 16, 2016 Ed Gramlich National Low Income Housing Coalition 1 What Is the National Housing Trust Fund? National Housing Trust Fund
More informationWorkshop: Market-Driven Neighborhood Investment
Workshop: Market-Driven Neighborhood Investment December 7, 2011 Gregory Parrish, Technical Manager Strategic Data Use to Stabilize Neighborhoods Federal Reserve, Baltimore Mission Data Driven Detroit
More informationMETHODOLOGY GUIDE VALUING OFFICE BUILDINGS IN ONTARIO. Valuation Date: January 1, 2016
METHODOLOGY GUIDE VALUING OFFICE BUILDINGS IN ONTARIO Valuation Date: January 1, 2016 AUGUST 2016 August 22, 2016 The Municipal Property Assessment Corporation (MPAC) is responsible for accurately assessing
More informationDeveloping a Consumer-Run Housing Co-op in Hamilton: A Feasibility Study
Developing a Consumer-Run Housing Co-op in Hamilton: EXECUTIVE SUMMARY December, 2006 Prepared for: Hamilton Addiction and Mental Health Network (HAMHN): c/o Mental Health Rights Coalition of Hamilton
More informationAnnual Report to South Cambridgeshire District Council Tenants [DRAFT TEXT]
APPENDIX A Annual Report to South Cambridgeshire District Council Tenants [DRAFT TEXT] Welcome Welcome to our first annual report to tenants that sets out our performance as a landlord and the commitments
More informationAttachment I is an updated memo from Pat Comarell, providing the updated balancing tests to reflect the Council s October 10 th briefing.
COUNCIL STAFF REPORT CITY COUNCIL of SALT LAKE CITY TO: City Council Members FROM: Ben Luedtke & Nick Tarbet Policy Analysts DATE: October 17, 2017 RE: Housing Plan: Growing Salt Lake PLNPCM2017-00168
More information$450,000 $63,425 $33, % PURCHASE PRICE NET OPERATING INCOME ANNUAL CASH FLOW CAP RATE
Executive Summary Key Property Metrics $450,000 $63,425 $33,431 14.1% PURCHASE PRICE NET OPERATING INCOME ANNUAL CASH FLOW CAP RATE $60,000 $50,000 $40,000 $30,000 Annual Cash Flow Maintenance & Repairs,
More informationTHE NSP SUBSTANTIAL AMENDMENT
THE NSP SUBSTANTIAL AMENDMENT Jurisdiction(s): Town of Babylon (located in Suffolk County New York) Jurisdiction Web Address: www.townofbabylon.com NSP Contact Person: Theresa Sabatino, Director Town of
More informationNSP Rental Basics: A Primer on Using Rental Projects to Meet NSP Obligation and 25% Set-Aside Requirement. About this Tool
NSP Rental Basics: A Primer on Using Rental Projects to Meet NSP Obligation and 25% Set-Aside Requirement About this Tool Description: This tool is intended for NSP grantees and their partners seeking
More informationmulti-family M A N A G E M E N T
multi-family M A N A G E M E N T FULLY INTEGRATED REAL ESTATE SOLUTIONS At Friedman Integrated Real Estate Solutions, our primary goal is to be the best full service real estate company within the markets
More informationCampus Master Plan. Board of Trustees Meeting. December 10, 2004
Campus Master Plan Board of Trustees Meeting December 10, 2004 Master Plan: Schedule 2004 Observations / Concept Development December 8-9 January 20-23 and 27-29 January 21 March 2 3 Focus Groups Space
More informationFinance Department Real Estate Section Section SUBJECT: PROCEDURE - ACQUISITION, SALE, OR LEASE OF REAL PROPERTY BY THE CITY
433.1 SUBJECT: PROCEDURE - ACQUISITION, SALE, OR LEASE OF REAL PROPERTY BY THE CITY :1 OBJECTIVE: Provisions for the acquisition, sale, or lease of property by the City. This procedure does not apply to
More informationNonprofit Developer s Perspective on Achieving Affordable Housing. Lee Highway Alliance Educational Forum on Housing Choice
Nonprofit Developer s Perspective on Achieving Affordable Housing Lee Highway Alliance Educational Forum on Housing Choice September 9, 2017 Nonprofit Developer s Perspective on Achieving Affordable Housing
More informationDetroit Inclusionary Housing Plan & Market Study Preliminary Inclusionary Housing Feasibility Study Executive Summary August, 2016
Detroit Inclusionary Housing Plan & Market Study Preliminary Inclusionary Housing Feasibility Study Executive Summary August, 2016 Inclusionary Housing Plan & Market Study Objectives 1 Evaluate the citywide
More informationBefore the Minnesota Public Utilities Commission State of Minnesota. Docket No. E002/GR Exhibit (LMC-1) Property Taxes
Direct Testimony and Schedules Leanna M. Chapman Before the Minnesota Public Utilities Commission State of Minnesota In the Matter of the Application of Northern States Power Company for Authority to Increase
More informationTenant: Law Firm 4 NAICS: Primary Industry: Offices of lawyers
Tenant: Law Firm 4 NAICS: 541110 Primary Industry: Offices of lawyers Date: 05.25.17 Table of Contents Law Firm 4 132 Main Street TABLE OF CONTENTS TIL Score Executive Summary Tenant Score Information
More informationRolling Out RAD Webinar Q&A
Rolling Out RAD Webinar Q&A Hosted by Ballard Spahr LLP on March 14, 2012 Q What are PEL and UEL? A The PEL is the Project Expense Level and the UEL is the Utility Expense Level. These, along with add-ons,
More informationLAKE MERRITT STATION AREA PLAN
LAKE MERRITT STATION AREA PLAN Emerging Plan Open House Summary October 2011 2 1 Introduction The City of Oakland, Bay Area Rapid Transit (BART), and the Peralta Community College District, through a grant
More informationBehind the Scenes: Washington REIT 2.0. Presentation to NAIOP Members
Behind the Scenes: Washington REIT 2.0 Presentation to NAIOP Members February 23, 2016 They always say time changes things, but you actually have to change them yourself. - Andy Warhol The Oldest REIT
More informationApprove Student Housing Rental Rates and Student Housing Parking Permit Rates at UW Bothell
F 9 Permit Rates at UW Bothell RECOMMENDED ACTION It is the recommendation of the Administration and the Finance and Asset Management Committee that the Board of Regents approve the proposed 2018 19 student
More informationLathrop Homes Riverworks Survey Response Percentages
Percntage of respondants to each Valuation Lathrop Homes Riverworks Survey Response Percentages 70.0% 60.0% 50.0% 40.0% 30.0% 20.0% 10.0% 0.0% Historic Buildings : Rehab more than 50% of the existing buildings/
More informationCULPEPER AFFORDABLE HOUSING NEEDS ASSESSMENT SUBMITTED TO VIRGINIA DEPARTMENT OF HOUSING AND COMMUNITY DEVELOPMENT JUNE 2013
CULPEPER AFFORDABLE HOUSING NEEDS ASSESSMENT SUBMITTED TO VIRGINIA DEPARTMENT OF HOUSING AND COMMUNITY DEVELOPMENT JUNE 2013 Prepared by the Culpeper Affordable Housing Committee and Rappahannock-Rapidan
More informationFisher House II Apartments Final Draft Relocation Plan
Fisher House II Apartments Final Draft Relocation Plan as of May 2, 2017 Important Contact Information Owner: APAH Westover, LLC c/o Arlington Partnership for Affordable Housing 4318 N. Carlin Springs
More informationHousing Assistance in Minnesota
Minnesota Housing Finance Agency Housing in Minnesota Program Assessment October 1, 2002 - September 30, 2003 Minnesota Housing Finance Agency Housing In Minnesota l\1innesotl Housing Finaru:e Agency Contentsoontents...
More informationOctober 1, 2016 thru December 31, 2016 Performance
Grantee: Grant:, MN B-08-UN-27-0003 October 1, 2016 thru December 31, 2016 Performance 1 Grant Number: B-08-UN-27-0003 Grantee Name:, MN Grant Award Amount: $3,885,729.00 LOCCS Authorized Amount: $3,885,729.00
More information