Fostering Local Support for Affordable Housing

Massachusetts Department of Housing and Community Development
Citizens’ Housing and Planning Association
Mass Housing Partnership
American Planning Association of MA

Date:  September 30, 2010
Time:  9:00am – 2:00pm
Location:
United Church of Christ Conference Center: Framingham, MA

This workshop will highlight different strategies communities have successfully used to foster local support for planning and development activities that promote affordable housing.  Topics include:

  • Organizational development
  • Community outreach and innovative initiatives
  • Developing local leadership
  • Case study:  89 Oxbow, Wayland

Who should attend:  municipal officials, board and commission members, housing partnerships and committees, community development and planning staff, housing advocates, developers, and housing authorities.

For more information contact:
Miryam Bobadilla at Miryam.Bobadilla@state.ma.us
Connie Kruger at CKruger@mhp.net

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Housing Counseling Program Management

September 27, 2010
September 28, 2010
September 29, 2010

Sponsored by NHN Learning Alliance

The NHN Learning Alliance (NHNLA) is currently registering senior counselors and managers for the Housing Counseling Program Management training in Washington, DC. The training will begin on Monday, September 27 at 8:00 a.m. and go through Wednesday, September 29 at 3:00 p.m. Breakfast and Lunch will be provided for participants.

Scholarships are available.

Additional Information and Registration here

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REO & Vacant Properties: Strategies for Neighborhood Stabilization

Sponsored By the Federal Reserve Board & the Federal Reserve Banks of Boston and Cleveland

Date: September 1-2, 2010
Location: Federal Reserve Board’s Martin Building (Washington D.C)

The aftermath of the foreclosure crisis has left many communities struggling with large swaths of empty homes. The event, co-sponsored by the Federal Reserve Board of Governors and the Federal Reserve Banks of Boston and Cleveland, will help communities and practitioners better understand current barriers, promising practices, and regional differences related to neighborhood stabilization and the disposition of real estate owned (REO) property.

In conjunction with the event, the Federal Reserve will publish a new volume of papers that explores such regional differences and presents perspectives from the various participants involved in REO disposition–sellers, buyers, nonprofits, and municipalities. Finally, the summit will release key findings from a Federal Reserve research project on local uses of Neighborhood Stabilization Program funds.

After the event, PDF, text, and audio podcast versions of the panelists’ presentations will be available for download.

REO and Vacant Property Strategies for Neighborhood Stabilization is a Federal Reserve System initiative under the Mortgage Outreach and Research Efforts (MORE) group.

There are two ways you can attend this summit: 1) attend the summit in person in D.C.; or 2) attend the summit via video streaming at the Federal Reserve Bank of Boston.

1)  Attend the summit in D.C.
The summit will be hosted at the Federal Reserve Board’s Martin Building in Washington, D.C.  As space is extremely limited for this summit, please register online as soon as possible: http://www.federalreserve.gov/events/conferences/2010/reovpsns/default.htm

2) Attend the summit in Boston via live video streaming
Please email your name and affiliated organization to kai-yan.lee@bos.frb.org with a subject line “conference” to register.  You will receive a confirmation email with more details.

Additional Information and Registration

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Mixed-Use Real Estate Finance

September 14, 2010
September 15, 2010
September 16, 2010

Training Provided by: The National Development Council
Sponsored by: Citi

Date:  September 14-16, 2010
Location:
United Church Conference Center (One Badger Rd. Framingham, MA)
Registration Fees:
MACDC Member Organizations- $150
Non-MACDC Member Organizations- $300

Neighborhoods are at their best when “ Main Street ” pulses with the activities that bring a community alive—residential, retail, entertainment, services, public facilities and common areas.  Older Main Streets have special opportunities for adaptive reuse—with buildings that are ideally suited to retrofitting multiple uses in one structure.  Cities and towns undergoing redevelopment in their downtowns often view mixed-used development as a way to catalyze Main Street, energizing it with shopping, dining, culture and entertainment.  There are several financial tools available for Main Street redevelopment and if brought together in the right way, for the right uses, they can do the job.  This course explores the following topics:

Mixed-Use Development Challenges

  • Commercial real estate revitalization
  • Community facilities on Main Street
  • The community perspective on revitalization
  • Inventory:  what do you have to work with?
  • Thinking outside the box for adaptive reuse

Mixed Financing:  The Right Recipe

  • Real estate financing process
  • Estimating project costs
  • Projecting the developer’s pro forma
  • Determining debt capacity
  • Measuring equity attracted
  • Quantifying the financing gap
  • Closing the gap

Taxes and Real Estate Development

  • Cash flow after tax
  • Depreciation
  • Historic Rehabilitation, Low-Income Housing and New Markets Tax Credits

Financing Tools for Mixed-Use Development

  • Debt and equity vehicles
  • Programs:  CDBG, CDBG Float Loan, Section 108 and tax-exempt bond financing
  • Other Structuring Tools:  tax increment financing, ground leases, tax abatement and payment in lieu of taxes

Registration

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Campaign to Protect the Affordable Housing Law Training Workshop

July 14, 2010
8:30 amto10:30 am

“Vote NO in November”

Date:  Wednesday, July 14, 2010
Time:  8:30am – 10:30am
Location:
4100 State Highway, Estham, MA

THE COMMUNITY DEVELOPMENT PARTNERSHIP CONTINUES ITS HART2010 SERIES OF WEDNESDAY MORNING BREAKFAST MEETINGS WITH A

Vote NO in November”
Training Workshop

Facilitated by key personnel of the
Campaign to Protect the Affordable Housing Law

A 2-hour interactive workshop for local affordable housing professionals and advocates on campaign strategy and how to target and deliver the “Vote NO in November” message consistently across Cape Cod this summer and fall to ensure a strong NO Vote on the November 2nd ballot.

Visit:
http://www.protectaffordablehousing.org/cms
for more information.

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New Developments in the Low Income Housing Tax Credit Program and Prospects for the Future

July 19, 2010
9:30 amto11:30 am

CHAPA Breakfast Forum

Date:  Monday, July 19, 2010
Time:  9:30am – 11:30am
Location:
Suffolk University Law School (120 Tremont St. Boston, MA)

The Low Income Housing Tax Credit Program remains the most important federal program for the development and preservation of affordable rental housing in Massachusetts and throughout the country.  In 2008, the economic recession and turmoil in the financial markets greatly impacted the program, but now more stability is emerging.

Breakfast speakers will address:  trends in the current marketplace among investors, lenders, and developers; the kinds of developments that are getting funded; implementation of the Tax Credit Exchange and Tax Credit Assistance Programs; status of Congressional proposals to improve the program; efforts to enhance the state low income housing tax credit program; challenges still facing developers of affordable housing; and what is likely to happen over the next few years.

Moderator: Susan Schlesinger, President, The Life Initiative and President-Elect of CHAPA

Speakers:

Joseph Flatley, President and CEO, Massachusetts Housing Investment Corporation

Jeff Goldstein, Chief Operating Officer and Director of Real Estate, Boston Capital

Laurie Gould, Principal, VIVA Consulting

Kate Racer, Associate Director of Private Housing, Department of Housing and Community Development

Cost:
$15.00 for CHAPA members; $25.00 for non-members (includes continental breakfast).  Space is limited and you must register by Wednesday, July 14.  No refunds will be provided to those who register but do not attend the forum.

Registration:
You may register online, by phone, fax, or email.

Onlinewww.chapa.org/calendar; Phone: 617-742-0820; Fax: 617-742-3953

Email: odessaw@chapa.org

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The Campaign to Protect the Affordable Housing Law Community Organizer Training

June 14, 2010
9:30 amto12:00 pm

Date:  Monday, June 14, 2010
Time:  9:30am – Noon
Location:   St. Matthews Church (695 Soutbridge St. Worcester, MA 01610)

In order to be successful in November, staff, volunteers, and supporters of the Campaign to Protect the Affordable Housing Law will need to discuss the Massachusetts Affordable Housing Law with community leaders, the media, and the public.  It will be your voices – the voices of trusted community leaders and organizers – that local residents rely on when making a decision to vote NO to protect affordable housing for working families and seniors.

The June 14th training will be an opportunity to learn more about

  • how to accurately and effectively describe the accomplishments of Chapter  40B,
  • why the Commonwealth needs to protect it,
  • how to respond to common questions and concerns and
  • what you can do in your community over the summer to build a base of support for the fall Campaign.

While the discussion will be geared towards efforts over the coming months to defeat the initiative petition to repeal Chapter 40B, many of the lessons learned will be broadly applicable to the work of local housing and civic organizations.

A light breakfast will be served.
The event is free but an RSVP is required.
Please email info@protectaffordablehousing.org if you plan to attend.

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Basics of Real Estate Finance Webinar

June 4, 2010
1:30 pm

Sponsored by the Urban Land Institute

Date:  June 4, 2010
Time:  1:30 pm Eastern

Brush up on the basics of real estate finance and strengthen your technical skills with ULI’s Basics of Real Estate Finance: Part II webinar June 4th.

You will review foundational concepts such as time value of money and discounted cash flow and move on to mortgage payment calculation, residual land valuation technique, and future net operating income – skills that are essential to succeeding in the real estate industry.

Gain practical experience as you work along in Excel with the instructor in real time. You will be able to ask questions have them answered on a rolling basis.

Your instructor, Bruce Kirsch, is the founder and principal of Real Estate Financial Modeling, LLC and is a recognized expert in and top instructor of Microsoft Excel-based financial modeling.

Register today as space is limited!

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National Community Reinvestment Coalition: Fair Lending and Mortgage Fraud Training

May 10, 2010toMay 11, 2010
May 12, 2010toMay 13, 2010

Date:  May 10-11, 2010 & May 12-13, 2010
Location:  Omni Parker House Hotel (60 School Street, Boston)

Housing counselors and non-profit leaders are cordially invited to attend comprehensive fair lending and mortgage fraud trainings, hosted by the National Community Reinvestment Coalition (NCRC) in partnership with the Department of Housing and Urban Development (HUD).  This two-day training is of great benefit to those dealing with servicing, collection and loss mitigation departments.
Attend to understand how to utilize civil rights and consumer protection laws, regulations, and techniques that will sustain homeownership and hold lenders and servicers accountable for systemic violations of the law.
Additional information and registration, here
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Mel King Institute 1st Anniversary Celebration & Innovation Forum Highlights

The Mel King Institute for Community Building celebrated it’s 1st Anniversary on Thursday, June 24 at the Federal Reserve Bank of Boston.  Over 150 community development practitioners for across the state came to support innovative thought and leadership within the field, discuss the current state of housing policy and affordable housing in Massachusetts, and to celebrate Institute achievements over the past year.  Thank you to all who attended for making it a memorable event.

Program Agenda

Keynote Speaker:  David Erickson of the San Francisco Federal Reserve and author of, The Housing Policy Revolution, Networks and Neighborhoods

Please join us as we Celebrate our First Anniversary and announce the new Innovation Forum!

3:00 – 5:00pm    Innovation Forum

  • Keynote Address by David Erickson
  • Discussion with Respondent Panel
  • Innovation Forum Program Launch

5:00 – 7:00pm    Celebration & First Year Reflection

  • Reception and Networking
  • Recognition and Acknowledgements
  • Reflections, Program Impact, and Future Goals

Become a Sponsor of The Mel King Institute for Community Building


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