This webinar is the second in a two-part series, “Building Equity and Market Strength in Legacy Cities: Context-Driven Equitable Development,” which presents strategies from a working paper published by the Lincoln Institute of Land Policy and the Greater Ohio Policy Center. In this series, we examine strategies identified in the working paper that promote equitable outcomes while also protecting against overstepping and diminishing the market strength essential to sustained revitalization.

In this webinar, “Private Development Programs for Weak Markets,” speakers will present emerging programs driven by for-profit developers to build local market strength, often with a focus on meeting the needs of existing residents or supporting minority contractor business development.

This webinar is the first in a two-part series, “Building Equity and Market Strength in Legacy Cities: Context-Driven Equitable Development,” which presents strategies from a working paper published by the Lincoln Institute of Land Policy and the Greater Ohio Policy Center. In this series, we examine strategies identified in the working paper that promote equitable outcomes while also protecting against overstepping and diminishing the market strength essential to sustained revitalization.

This webinar, “Equitable Development Programs for New Construction in Weak Markets,” will present detailed examples of strategies applicable in weaker real estate markets that can deliver equity benefits in novel ways. These strategies are suitable for local actors working in places that cannot sustain broad inclusionary housing policies or exactions due to the lack of market strength, political will, or both.

The 2023 Qualified Allocation Plan and 9% Application Training Webinar will be held via Microsoft Teams on December 7th at 10am. See Below to add it to your calendar:

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The City of Columbus, Grants Management Section would like to invite you to the first public meeting for the 2023 Annual Action Plan to review and discuss proposed programs for Department of Housing and Urban Development grant funds. The meeting will be held on Tuesday, October 18th at 5:30pm, in the garage conference room at 141 N. Front St. Parking is available in the garage, and the conference room is located on the first floor.

This year, we received 37 Community Development Block Grant applications from external agencies and 12 from internal departments, making this the most competitive applicant pool the City has seen for CDBG funding. We are still carefully considering all of these applications and have not made any final selections yet. Projects for the HOPWA, HOME, and ESG grants are also being presented.

Please join us on Tuesday if you are interested in learning about the project proposals we received for 2023 funding. A summary of all project proposals will be available on our website: https://www.columbus.gov/finance/financial-management-group/Grants-Management/. We will be accepting public comments on the proposed projects until October 24th. Comments may be sent to grantsmgmt@columbus.gov.

On Tuesday, October 18, 2022, the Federal Reserve Bank of New York will host a virtual forum, as part of its Economic Inequality Policy Series, on the disparate impacts of inflation on different racial and ethnic groups.

The forum will highlight recent New York Fed research on economic inequality and disparities in inflation rates experienced by different racial and ethnic groups during 2021-2022. Community development leaders and policy influencers will also discuss insights related to price stability and racial equity.

The US housing market finds itself at a pivotal moment: an acute housing supply shortage of about 4 million units coupled with historic home price appreciation have led to a crisis in affordability. At the same time, policymakers and industry leaders have responded with significant proposals and innovations to overcome these challenges.

Join the Urban Institute and Ivory Innovations for a half-day symposium featuring dialogue with the 2022 winners and top 10 finalists of the Ivory Prize for Housing Affordability. The Ivory Prize, organized by Ivory Innovations, is an annual award recognizing ambitious, feasible, and scalable solutions to housing affordability. Innovators include small- and large-scale companies, nonprofit organizations, and government entities. Their solutions for housing affordability combine elements of construction and design, finance, and policy and regulatory reform that are catalyzing new approaches to drive the housing sector forward.

To make a housing development pencil out financially, developers rely upon a complex mix of loans, tax credits, grants, and other financing mechanisms. The fragmentation and complexity of various subsidies and financing options can add unnecessary costs and inefficiencies to the development process, adding to the overall costs of construction. This event, the third in our “Getting Serious About Housing Supply Series,” will explore how to streamline and improve incentives to build more homes, from multifamily rental housing affordable for low-income households to entry-level homes for purchase.

How can the Community Reinvestment Act be updated to directly examine race and better combat redlining?

About this event

The Community Reinvestment Act (CRA) was enacted to ensure much-needed investment and capital makes it to LMI communities. But NCRC's research has shown that the majority of communities that were redlined in the 20th Century are still lower-income and also predominantly communities of color.

NCRC and the civil rights law firm Relman Colfax PLLC have released a report calling on federal regulators to add race directly to the scope of CRA and finally hold banks accountable to the communities they serve.

Hear from some of the architects of the report and senior NCRC leadership, and check it out here.

Speakers

Dedrick Asante Muhammad, Chief of Membership, Policy & Equity, NCRC

Josh Silver, Senior Advisor, NCRC

Glenn Schlactus, Partner, Relman Colfax PLLC

Making the Most of your ARPAtunity

Empowering ARPA Recipients to Think Big

Civic leaders and government service professionals, please join us as we discuss leveraging the opportunities afforded by the American Rescue Plan Act (ARPA). ARPA funded over 84 unique programs, distributed across 19 federal agencies. This one-time community investment can, and should, have lasting impact for our cities. See our article Making the Most of the ARPAtunity.

Agencies are developing programs as the funding is approved, and the responses have overwhelmed the agencies engaged in delivery. While there is no previously developed playbook for this reverse flow of resources (federal back to local), there are best practices and common themes for transformational community investment.

Together, we will look at other historic and unique investments to study lessons learned from those events. We’ll also explore how leadership today can think creatively about how to extend the ARPA investment for our future. Members of the FBT Project Finance Advisors team will be joined by guests who’ve experienced periods of large-scale community investment like our nationwide ARPA opportunity.

Guest Speakers

Terry Foegler
Chief Development Officer
Central Ohio Transit Authority

Terry Foegler is a public and private sector planning and development professional. His experience includes strategic planning, development policy formulation, public administration, complex mixed-use project implementation, public-private development partnerships, economic development, innovative development financing and neighborhood/urban revitalization.

Trey Grayson
Managing Director
CivicPoint

Trey Grayson is a member of Frost Brown Todd and managing director of the firm’s public affairs affiliate, CivicPoint. A two-term Kentucky Secretary of State and former CEO of the Northern Kentucky Chamber of Commerce, Trey works with his clients to successfully navigate their government, legal, political, public relations, regulatory, and tax challenges.

Frances Kern Mennone
Managing Director
FBT Project Finance Advisors

Frances Kern Mennone is the Managing Director at FBT Project Finance Advisors, where she strategically builds ideas and developments for the Right2Win consortium.

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https://register.gotowebinar.com/register/4779651129574821899

Growing federal efforts to make housing and communities more resilient to disasters, especially climate-related hazards, often devalue people and undervalue and/or overlook the possessions of people of low wealth and communities of color. In this talk, Carlos Martín, the new director of the Center’s Remodeling Futures Program, will examine this issue and how it might be addressed. He will discuss some current projects as well as work he’s done on how to make these programs more equitable, which included Equitable Investments in Infrastructure: A Review of Benefit-Cost Analysis in Federal Flood Mitigation Infrastructure, a study he co-authored while at the Urban Institute.

This convening, co-hosted by the National Housing Conference and Homeownership Alliance, will explore the Enterprises' role in affordable homeownership, the implications of newly required Equitable Housing Finance plans, near-term reforms in housing finance, and how we can collectively close the racial homeownership gap. The convening will open with a 45-min conversation between FHFA Acting Director Sandra Thompson and NHC President and CEO David Dworkin. This will be followed by presentations and panel discussions from industry and government experts on closing disparities in homeownership, particularly in communities of color, and maintaining a sustainable mortgage market.

In the face of an intensifying climate crisis, Fannie Mae and Freddie Mac are uniquely positioned to promote sustainable, resilient housing across the country. The Enterprises have already created several programs to accelerate production of green multifamily projects, and now the Federal Housing Finance Agency has the opportunity to expand that success to the single-family market.

NHC has partnered with the Rocky Mountain Institute to host a webinar exploring the policies and programs that will ensure existing and new housing can withstand global warming. Join us on Wednesday, Sept. 22 at 2 p.m. ET to learn more about how the Enterprises can lead us toward a more sustainable future.

Speakers

Rita Ballesteros is a housing industry consultant working with organizations on strategies and implementation in affordable housing, finance, servicing, loss mitigation, and programs that improve home habitability, efficiency, and resiliency. She recently worked at Fannie Mae where she led the affordable housing preservation activities for its single family Duty to Serve requirements, as well as worked on other affordable housing, energy financing, and loss mitigation initiatives. Prior to Fannie Mae, Ms. Ballesteros had significant consulting experience with KPMG and through RAB Associates.David Heslam has been a national leader in efforts to develop home energy labeling systems that allow the value of energy performance to be gauged by real estate stakeholders and professionals. He gained insight into the need for energy labeling during the 15 years he spent designing, building, and remodeling homes in Portland, OR, with national award-winning company, Coho Construction Services Inc. Since he started at Earth Advantage in 2008, he has advocated for use of national standards to enable scalability of valuation efforts, implemented programs to enable to valuable of green and efficient homes, and conducted professional trainings for housing industry stakeholders.Greg Hopkins is a Manager in RMI’s Carbon-Free Buildings Program, based in Boulder, Colorado. Since joining in 2017, his work at RMI has primarily focused on finance and policy interventions to decarbonize housing and buildings. He manages RMI’s Finance the Future initiative, working to climate-align housing finance and scale up low-cost financing solutions for home energy and resilience improvements. He has also led various policy efforts at the city, state, and federal levels – including managing a cohort of 15+ cities nationwide to develop home energy labeling and disclosure policies, running a city accelerator on building performance standards, and developing comprehensive state and federal policy playbooks to decarbonize the buildings sector.Madeline Salzman is a Management and Programs Analyst in the U.S. Department of Energy’s Building Technologies Office. Madeline joined U.S. DOE in 2015 to manage programs that increase access to energy efficient technologies, including through the Home Energy Score program and Better Buildings Workforce Accelerator. She is currently leading clean energy workforce development strategy for the U.S. Department of Energy’s Office of Energy Efficiency and Renewable Energy. She also conducts strategic analysis on how to increase affordability of and access to efficiency retrofits in US housing across income groups, regions, and housing types.

Per the requirements of OAC 175-8, OHFA will hold a public hearing to receive comments for the 2022-2023 Housing Tax Credit Qualified Allocation Plan. The time and call-in information for the hearing is as follows:

The virtual meeting will be held via GoToMeeting.

Tuesday, August 24, 2021

10:00 - 11:00 AM

This interactive webinar focuses on the complexities and best practices for Acq/Rehab projects. The webinar is presented by OHFA staff along with Melanie Shapiro who is the Director of Compliance and Training at the Ohio Capital Corporation for Housing (OCCH).

Participants will learn:

• LIHTC Essentials for Acq/Rehab

• Starting and Maximizing Credits

• Qualifying Households

• Relocations

• Transfers

• Resyndications

The development of new affordable housing in the U.S. relies on a complex and fragmented financing system. The Low-Income Housing Tax Credit (LIHTC) program has been the primary source of new affordable housing in the past few decades. But the growing gaps between what a typical LIHTC project can raise in equity and its total development costs—along with policy decisions at the federal, state, and local level— have contributed to the need for projects to pull together an increasingly varied set of gap funding sources from local, state, and federal sources to make sure new housing development is possible. Many of those funding sources come with requirements, application processes, and funding cycles that can be at odds with each other.

Join the Terner Center for a webinar on Thursday, May 27th, 2021 from 11 am – 12 pm PT (2 pm – 3 pm ET) to explore the challenges of the current system and to learn about promising practices at the state and local level to better align affordable housing subsidy administration around the country.

Our Managing Director Ben Metcalf and Desiree Francis of Capital One will begin the session with opening remarks. Our Research Director Elizabeth Kneebone will present the findings from our recent paper on the subject and tee up a panel discussion, which will draw from practitioner experience in improving affordable housing funding processes in Minnesota, California, and Massachusetts. The panel will be moderated by Yusef Freeman of Jonathan Rose Companies and feature three practitioners who have worked to align funding sources at the state level:

• Judith Jacobson of Preservation of Affordable Housing (formerly with Massachusetts Housing Partnership)

• Mark Stivers of California Housing Partnership (formerly with California’s Tax Credit Allocation Committee and Department of Housing and Community Development)

• Mary Tingerthal of Tingerthal Group (formerly with Minnesota Housing)

When: Thursday, May 6, 2021,12:00 - 1:00 p.m. EDT

Online only: https://www.brookings.edu/events/a-conversation-with-rep-rosa-delauro-on-priorities-for-congressional-appropriations/

What: As the country faces dual health and economic crises, the House Committee on Appropriations continues to play a vital role in federal funding to help American families and move the country forward. Now under the leadership of Chair Rosa DeLauro (D-Conn.), the committee is expected to take on new priorities and tackle other challenges in addition to pandemic recovery efforts.

On May 6, Governance Studies at Brookings will host a webinar conversation with Chair DeLauro to discuss her vision and goals for the House Committee on Appropriations under her leadership. After keynote remarks by Rep. DeLauro, Brookings Senior Fellows John Hudak and Molly Reynolds will join her for a conversation on her tenure and upcoming plans for the committee.

Viewers can submit questions for speakers by emailing events@brookings.edu or via Twitter at @BrookingsGov by using #Approps.

Join Finance Fund to get some tips and tricks on beginning a real estate development program. Topics include real estate evaluation, third party professionals (contractors and other vendors), lender expectations, financing, and property management.

Participants will receive a basic working knowledge of real estate development and financing, both in small commercial retail projects as well as affordable housing. The intended audience is CDCs with limited development experience or new staff. There will be ample time to get all your questions answered during this interactive session.

Join us for an intimate conversation on the dynamics among housing, neighborhoods, and racial justice with award winning author and Vanderbilt University professor, Dr. Michael Eric Dyson. Register today!

Alanna McCargo, Vice President, Housing Finance Policy, Urban Institute

Dr. Michael Eric Dyson, Award Winning Author and Professor at Vanderbilt University

NHC is pleased to announce Federal Reserve Board Governor Lael Brainard will join the organization for our National Advisory Council (NAC) meeting on Tuesday, Oct. 20, to discuss the Federal Reserve Board’s plans following the release of its September Advance Notice of Proposed Rulemaking to modernize the Community Reinvestment Act (CRA). The meeting will begin at 2:30 p.m. with introductions from NAC co-chairs Barry Zigas, senior fellow at Consumer Federation of America, and Jackie O’Garrow, former Bank of America executive, followed by remarks from NHC President and CEO David Dworkin on NHC’s National Housing Act and other housing priorities.

This meeting will be livestreamed via NHC’s Facebook page. Governor Brainard’s remarks will begin promptly at 3 p.m. and will be followed by a Q&A session.

NHC members are encouraged to submit a question in advance to NHC Marketing and Communications Manager Andrea Nesby at anesby@nhc.org by COB today, Monday, Oct. 19.

Join the Greater Ohio Policy Center (GOPC) and Enterprise Community Partners for a presentation and discussion regarding strategizing to receive State- and Federal-pass through money and how to effectively use those resources in the short-term to advance long-term community goals.  

GOPC and Enterprise Community Partners’ national Policy Team will give a presentation followed by a Q&A session with presenters. Additionally, GOPC will guide a group discussion on ways to attract funds into legacy communities and other areas that were already fragile before the COVID-19 pandemic. Ohio will face significant challenges post-Crisis, this session intends to help communities strategize for digging out from the pandemic’s fall out.

The AHTCC has been pursuing a solution to address issues that have arisen related to when Housing Credits could be claimed relative to the receipt of the Low-Income Housing Credit Allocation and Certification (Form 8609), which could create delays that ultimately impact the amount of tax credit equity available for affordable housing properties. Join us for a webinar on Thursday, June 25, from 1:00 – 2:00 pm ET, to hear from leading affordable housing industry experts about the steps we have taken with the Internal Revenue Service, considerations regarding our proposed “reasonable cause approach,” specific examples, and plenty of time to engage with our panel.

Webinar Panel:

• Michael Gaber, Executive Vice President, WNC, Inc., and President of the Board of Directors, Affordable Housing Tax Credit Coalition

• Glenn Graff, Attorney, Applegate & Thorne-Thomsen

• Beth Mullen, Partner, Affordable Housing Industry Leader, CohnReznick

• Michael Novogradac, Managing Partner, Novogradac & Co.

A familiar name and face in Columbus, Rich Cordray has a new tell-all book “Watchdog: How Protecting Consumers Can Save Our Families, Our Economy, and Our Democracy,” where he reveals behind the scenes stories of his time as the Director of the Consumer Financial Protection Bureau (CFPB) during the 11 months he served under President Donald Trump. President Barack Obama appointed Cordray to be the first Director of the newly established CFPB in 2011. A small group housed at the Treasury Department led by Elizabeth Warren, created the CFPB under the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act). The purpose of the CFPB is to promote fairness and transparency for mortgages, credit cards, and other consumer financial products and services.

From the beginning, Cordray and CFPB were challenged by many regulatory agencies, legislators, and companies. Cordray contends in this book that Trump was about to fire him but hesitated until the Supreme Court could rule on whether the President needed sufficient cause to fire a sitting CFPB Director. Ultimately, Cordray resigned in late 2017 to return to Ohio to run for Governor, a race which he lost to Mike DeWine.

With a career that ranges from law student, Marshall Scholar, law clerk for Supreme Court Justice Anthony Kennedy, representative in the Ohio House, first Solicitor General for Ohio, Treasurer State of Ohio, Ohio Attorney General, a presidential appointee to the CFPB to a five-time Jeopardy Champion, and now, author of an intriguing new book, Cordray has stories to tell.

Featuring Richard Cordray, former Director of the Consumer Financial Protection Bureau (CFPB) from 2012 to 2017; former Ohio’s Attorney General, Solicitor General, and Treasurer and host, Colleen Marshall co-anchor WCMH NBC4.

We are resuming limited live audience registration for this forum! Registration with payment for live attendance is required by Friday, June 5. We cannot accept walk-ins. We will require guests to wear face masks except during dining. Dining room numbers will be limited with paper napkins, no bread service,  salads with individual dressings, a single plated meal, no coffee and cookies following the forum. We will use disposable name tags. We will adhere to this protocol strictly, so we thank you in advance for your cooperation to protect speakers, your fellow CMC members, staff, and yourself.

You can still join us on YouTube to view and participate in the community conversation during this livestream event. When you register, you can submit questions in advance and will receive information on how to submit questions by email the day of the forum!

The livestream forum is FREE to view but we encourage you to register to support CMC by purchasing a virtual seat – special donate buttons are available when you register!

As a nonprofit mission-driven organization, CMC is livestreaming  Wednesday forums via YouTube, free of charge so that everyone can access this important information. In the spirit of our mission, we believe that conversation is essential to help our community stay strong and stay connected during the health crisis!

Please continue to register to purchase a virtual seat, submit questions for Q&A, and receive updates about panelists and upcoming forums. 

Watch and participate in the online conversation during Livestreaming Forums at our  YouTube channel at noon.

We ask you to consider making donations to CMC to support this mission, even if you are unable to join us for this particular forum.