Post on 14-Oct-2020
2 0 1 6 A N N U A L R E P O R T
building brighter
futures
D E A R F R I E N D S A N D S U P P O R T E R S ,
Over the past four years, the Better Housing Coalition (BHC) board and staff have worked hard to lay a foundation for future growth. We have taken some difficult but necessary actions to improve cash flows and portfolio performance while reducing debt and expenses. These efforts have paid off, as illustrated in our improved 2016 financial results. We intend to build on this foundation. To that end, last year our board of directors approved an ambitious, three-year strategic plan for BHC’s growth and long-term sustainability.
We are determined to meet each objective of this plan. To do that, we must maintain a laser-like focus in four strategic areas: perfecting our housing development model; achieving greater financial capacity; fostering a high-performance staff culture and augmenting our resident services programs.
We took a number of steps toward those goals in 2016, a few of which are highlighted in this report. As one example, we hired Monique Johnson as our Chief Operating Officer. After an extensive search yielding 80 applicants, we found this excellent addition to our leadership team in our own back yard. Also, BHC became a charter member of NeighborWorks® America last year. NeighborWorks is a national organization that provides training, technical assistance and financial resources to its members. We also joined the Housing Partnership Network, another national association of strong affordable housing developers. Our association with these organizations will help build our financial strength, and enhance staff support and training. BHC staff have already benefited from exchanges with their fellow colleagues nationwide.
Despite our progress during the past year, we cannot become complacent. We still need contributions and grants to cover operating costs; our goal of financial self-sufficiency has yet to be met. We face competition from nimble for-profit developers. Federal, state and local funds for low- to moderate-income housing developments are steadily shrinking. Housing development, by its very nature, is risky and expensive. We have much work to do and many rivers to cross.
Finally, we never forget the 3,000 reasons why we are in this business — our residents. In 2016, BHC awarded nine adult residents higher-education scholarships from our recently established Founders’ Scholarship Program. This investment has already shown a remarkable ROI: two of our students made the Dean’s List, and one made the honor roll during this first year of support. We applaud all of them for their determination and hard work as they strive for personal success.
We have much to celebrate as we continue to lay the groundwork for a bright future. Thank you for your interest in and support of our work.
Sincerely,
Michael J. Schewel, BHC BOARD CHAIR
C H A I R M A N ’ S L E T T E R
B H C ’ S M I S S I O N
The Better Housing Coalition changes lives and transforms communities through high-quality, affordable housing.
B H C ’ S V I S I O N
To ensure that every citizen in our region, regardless of their economic status, has good choices in where they live, and opportunities to reach their fullest potential.
F O L L O W U S
betterhousingcoalition
@BHC_RVA
COVER: Young resident enjoys the pool at Winchester Greens
Credit: Taylor Dabney
B H C F I N A N C I A L S
R E V E N U E
Rental Property
Other Revenue
Contributions
Real Estate Development Income
Grants from Governmental Agencies
Interest/Investment Earnings
$11,637,281
2,241,081
1,212,369
1,053,806
377,072
23,957
$16,545,566
70%
14%
7%
6%
2%
<1%
E X P E N S E S *
Rental Property
Personnel
Real Estate Development
General Management
Community Social Work
$7,580,185
1,809,184
1,369,579
659,200
657,549
$12,075,697
63%
15%
11%
5.5%
5.5%
2 0 1 6 O P E R A T I N G H I G H L I G H T S
Note: Does not reflect income and expenses from our property management related party. Full audited financials are available by contacting the External Affairs Department at 804-644-0546.
A S S E T S
Cash $5,148,901
Property & Equipment** 87,883,721
Restricted Deposits 5,031,197
Construction in progress 14,398,417
Restricted Cash 2,306,369
Accounts Receivable 296,875
Tenant Receivable 138,114
Other 481,515
Total Assets $115,685,109
L I A B I L I T I E S
Accounts Payable $676,411
Loan Payables 33,535,548
Lines of Credit 11,710,006
Deferred Revenue 4,422,071
Other 353,561
Total Liabilities $50,697,597
N E T A S S E T S
Total Net Assets $64,987,512
** Includes depreciation of $37,115,918* Does not include depreciation of $3,974,585
highlights2016Greta Harris on WRIR’s ‘Inspire Indeed’ with Elaine Summerfield
B H C H I G H L I G H T S
highlights
Implementing Best Practices in Community Development After a rigorous, year-long vetting process, BHC became a charter member of NeighborWorks® America, a national organization that provides training and other resources to community development corporations across the country. NeighborWorks supports a network of more than 240 nonprofits like BHC, and offers valuable opportunities for peer-to-peer exchanges to learn best practices from their colleagues.
Among the criteria evaluated prior to granting membership are the ability to form meaningful local partnerships, degree of engagement by the board, extent to which the organization performs well financially, and past and future potential impact on the community they serve.
NeighborWorks is the nation’s leading trainer of community development and affordable housing professionals. To date, nearly 20 BHC employees have already benefited from training and networking opportunities.
Preserving and Maintaining Affordable HousingJust as important as building affordable housing is the preservation of our existing assets. These efforts are costly and years in the planning; but are critical to ensure that existing properties remain available to the many who need them.
$10 million in financing provided by Union Bank allowed BHC to refresh the Winchester Greens community in North Chesterfield in 2016. General contractor J.D. Lewis replaced roofs, porches, decks and trim with low-maintenance composite materials; and upgraded HVAC systems, water heaters and closet doors for the 240 units.
In the Fan District, our three-story, historic Columns on Grove senior community received new porches, roof and infrastructure repairs with the help of grants totaling $280,000 from the Nunnally Foundation, Roller-Bottimore Foundation and the City of Richmond. “The Columns” also received much-needed weatherization updates to increase energy efficiency through Dominion’s EnergyShare program.
Investing in Human CapitalIn an environment where the federal, state and local commitment to affordable housing is increasingly uncertain, BHC must continuously identify ways of operating more effectively, cultivate new resource streams and retain creative and committed innovators throughout the organization. One such innovator is Monique Johnson, hired as BHC’s Chief Operating Officer in September 2016. Monique’s role is one that encourages and models a culture of reinvention and continuous improvement through an intentional focus on people, processes and organizational infrastructure.
Prior to joining BHC, Monique was a Senior Loan Officer for Virginia Community Capital, a funding source for affordable housing and economic development initiatives throughout the Commonwealth. She’s a familiar face, having served on the BHC and BHCM Boards of Directors. This experience, coupled with a previous three-year stint at BHC as senior project manager, means that she came to her position with a strong understanding of BHC’s mission, vision and operations.
B H C H I G H L I G H T S
donor
Reducing Barriers to Higher EducationThere is a growing wealth gap in this country between college-degree holders, and those without. Yet several barriers face students from lower-income families as they attempt to bridge the gap between educational aspirations and college degree attainment.
BHC aims to lower some of those barriers for residents who wish to achieve higher education. Through annual college campus visits conducted by resident services staff, young BHC residents get exposure to various academic campuses, and experience the excitement of seeing people their age in that environment.
To encourage academic achievement at all ages, BHC offers its Founders’ Scholarship Fund, which provides financial assistance to any resident age 17 and older seeking higher education. In 2016, nine BHC residents received the first distribution of $10,000 from the fund, named in honor of founders Mary Tyler McClenahan and Carter McDowell. In the first year, two recipients made the Dean’s List, and one achieved honor roll.
Fostering Healthier EnvironmentsTo provide a healthier and safer environment for BHC residents, BHC launched “Breathe Easy,” a smoke-free initiative in July 2016. Beyond the potential health risks to residents, the increased maintenance costs, additional unit turnaround time and accidental fire dangers present with indoor smoking were too great for BHC to ignore.
To support those residents who decided to take this opportunity to quit smoking, BHC hosted on-site smoking-cessation workshops with local experts, and provided other helpful resources. Since that time, we have been encouraged by the stories of some of our residents who took action. In particular, some of BHC’s senior residents found they are living healthier, and are realizing more disposable income after quitting.
Once the smoke-free initiative is fully implemented by year-end 2017, BHC stands to save an estimated $100,000 in operational costs per year.
Building Wealth in Areas of OpportunityIn our efforts to reduce blight, build family equity and provide affordable home ownership options, BHC continued its build out of the “Model Block” in North Church Hill (1300 blocks of N. 26th and N. 27th Streets).
In collaboration with partners Project:Homes and the Southside Community Development and Housing Corporation, BHC has converted 53 vacant, overgrown parcels of land containing 30 blighted structures into a total of 40 attractive, affordable, single-family homes for sale to first-time homebuyers.
Bittersweet moment: BHC homes on the model block represent what may be our final development of affordable single-family homes in Church Hill. As intended, our $50+ million investment in that neighborhood over time has stimulated substantial private investment in the area, making most new property acquisition unattainable. Our work in Church Hill is nearly complete.
appreciationdonorRichmond Association of
REALTORS® board members volunteer at Market Square
S U S TA I N I N G PAT RO N S Endowment gifts
Hilton W. Goodwyn, Jr.* and Erline H. Goodwyn through the Hilton W. Goodwyn and Hallie J. Goodwyn Fund
COMMITTED TO CHANGE $25,000 and Higher
Altria Companies Employee Community Fund
Anonymous
Mr.* & Mrs. J. Stewart Bryan
The Cabell Foundation
The Cameron Foundation
Capital One Services, Inc.
Community Affordable Housing Equity Corporation (CAHEC)
The Community Foundation Serving Richmond and Central Virginia
Hilton W. Goodwyn and Hallie J. Goodwyn Fund County of Henrico
Jenkins Foundation
Kathie and Steve Markel
Becky and John McCann
Charles & Carter McDowell
Mr. & Mrs. R. Wheatley McDowell
NeighborWorks® America
Moses D. Nunnally, Jr. Charitable Trust
The Mary Morton Parsons Foundation
City of Richmond
Richmond Memorial Health Foundation
RRHA
The Bob & Anna Lou Schaberg Fund at VNHC
Michael J. Schewel and Priscilla Burbank
Sledd Family Charitable Fund
Mr. and Mrs. Wallace Stettinius
Towne Bank
Mr. and Mrs. James E. Ukrop
Union Bank and Trust
United Way of Greater Richmond & Petersburg
Wells Fargo Housing Foundation
The Harriett B. West Foundation
CHAMPIONS OF CHANGE $10,000 - $24,999
Bank of America Merrill Lynch
BB&T
Judith Haskell Brewer Fund Chesterfield County
Brandi and Dave Fose
Genworth Foundation
Harris Williams & Co. and PNC Foundation
J.D. Lewis Construction Management, Inc.
Lumber Liquidators
R.E.B. Foundation
SunTrust Foundation
Mr. and Mrs. Randolph F. Totten
Virginia Housing and Development Authority (VHDA)
C O M M U N I T Y B U I L D E R $5,000 - $9,999
Anonymous
Ronald and Liliana Bertolini
Gertrude M. Conduff Foundation
David and Christine Cottrell Family Fund Carole and Jim Farnham
First Tennessee Bank
Atma and Indu Iyer
Loupassi Foundation
Media General, Inc.
Shamin Hotels
Virginia H. Spratley Charitable Fund Tredegar Industries, Inc.
Virginia Community Development Corporation
TO W N B U I L D E R $1,000 - $4,999
Mr. and Mrs. Neil Amin
Anonymous
Richard and Maggi Beckstoffer
Ms. Roberta Bocock
Howard and Cathy Bos
Mr. Arthur Bowen
Capital One PAC Fund
Margaret and James Carreras
Mrs. Dianne D. Carter
Tom and Anne Garland Farrell
Laura Lee Garrett and John Vollino
Yvonne and Charles Gold Donor Advised Fund of Richmond Jewish Foundation
Randy B. Gonzalez and Christy R. Cleare
Hamilton Family Foundation
Ms. Greta Harris
Hirschler Fleischer
Mr. and Mrs. W. Barry Hofheimer
Icon Realty Group
Mr. & Mrs. Thomas E. Jacobson
Ms. Monique Johnson
Joyner Fine Properties
Heather and Peter Kauffman
Laura and Michael Lafayette
Jeff and Karen Levin
Amanda Macaulay
Metropolitan Health Foundation, Inc.
Doug and Laurie Moran
The Morton Family Fund National Equity Fund, Inc.
Ms. Nina Nolley
Mr. & Mrs. John M. Oakey, Jr.
Mr. and Mrs. Walter O’Brien, Jr.
Park Sterling Bank
Mr. Lane Pearson, Esq.
C.D.L. and M.T.B Perkins Fund The Francis and Joanne Pineno Charitable Fund
Virginia Sargeant Reynolds Foundation
Richmond Association of REALTORS®
D O N O R A P P R E C I A T I O N
Laura Lee Garrett, Lissy Bryan and Beverly Lacy at Groundbreakers
Richmond Christmas Mother Fund Mr. Gilbert Rosenthal
Ms. Debra Serena
Mr. Paul Sheehy
Showalter Family Fund Mr. and Mrs. William Strickland
SunTrust Mortgage, Inc.
Timmons Group
Mr. Fitz Totten
Mr. & Mrs. Robert Ukrop
Scott and Lilo Ukrop
Ted and Katie Ukrop
Urban Design Associates
Mr. and Mrs. Henry Valentine, II
Mr. John & Dr. Nirmala Vasa
Mr. Todd Waldo
Walter Parks Architects
William Weber
David and Jean White
Dorothy Young and Alan Stone
NEIGHBORHOOD BUILDER $500 - $999
Anonymous
Beaulieu Group, LLC
Mr. and Mrs. Charles B. Bice
Boho Cycle Studio, LLC
Brockenbrough Family Fund The Reverend & Mrs. William Hill Brown, III
ChildSavers
Cushman & Wakefield | Thalhimer
Richard and Allyson Dickinson
Dooley and Vicars CPAs, LLP
E.A. Holsten, Inc.
East West Communities
Charlie and May Fox
Nancy and Bruce Gottwald
Gray Holdings, LLC
Mr. & Mrs. William M. Hill
Amy Howard and Rob Nelson
Joyce M. Jackson
The Honorable Timothy Kaine & the Honorable Anne Holton
Joe and Mary Jo Kearfott
Mr. Paul Lundmark
Mr. and Mrs. Richard G. Lundvall
Lynn McAteer
Mary K. McDonald
Mosaic Catering + Events in kindPeter Paul Development Center
The Smith Family Charitable Fund of the SEI Giving Fund
Sports Backers
Mr. George Stuckey
Mrs. Quincy Umphlette
Dr. and Mrs. H. Hudnall Ware, III
Mary and George Wickham
Mr. and Mrs. Samuel Witt, III
H O M E B U I L D E R $100 - $499Drs. John Accordino and Anne-Marie McCartan
Mr. and Mrs. Benjamin C. Ackerly, Jr.
Anonymous (4)
Mrs. Joseph L. Antrim, III
Armstrong, Bristow, Farley & Schwarzschild, PLC
Mr. and Mrs. Orlando Artze
Mrs. L. Anthony Austin
Josh and Erica Babcock
Sally Bagley
Ms. Sandra Bailey
Mr. & Mrs. William D. Baldwin
Mr. Jon Barrett
Brian and Erin Ehrlich Beard
David Belde
Scott and Nancy Belleman
Stacie and Brad Birchett
Mr. & Mrs. Robert P. Black
Nancy B. Booker
Bristol-Myers Squibb Matching Gift Program
Ms. Amy Broderick
Andrea and Jack Butler
Westy Byrd
Mr. and Mrs. Robert Cabaniss, Jr.
Linda and Dale Cannady
Dr. and Mrs. Charles M. Caravati, Jr.
Carlock, Copeland & Stair, LLP
Betsy Brooks Carr
James Scott Carreras
Jack Catlett and Kathy Spong
Amy Chapman
Christian & Barton, LLP
Ms. Tonia L. Churchwell
Mrs. Herbert A. Claiborne
Comcast in kindCornerstone Architects, PLC
Cornerstone Homes
Costar Group, Inc. in kindMr. and Mrs. Thomas Cricchi
Claude B. Daniel
Ms. W. Lauraine Davis
Ms. Susan Dewey
Chip and Sarah Dicks
Harvey P. Diehr
Ralph and Elsie Dillard
Chris Dimotsis
Charlie Diradour
Dominion Due Diligence Group
Mr. Ronnie W. Drake
Draper Aden Associates
Kristin Dunstan
John B. Elliott
Howard Ellis and Eugenia Anderson-Ellis
Emily Elmore
Christopher English
Neil and Anne Preston Farmer
Sarah and James Fernald
Ms. Mary Field
Mr. and Mrs. Frederick Fisher, III
Ms. Veda Florance-Hawkes
Mr. and Mrs. Frank M. Foster, Jr.
Mr. and Mrs. Mark Franko
Don and Betsy Garber
Glave & Holmes Architecture
Mr. Mark Gordon
A S I N C E R E T H A N K S T O A L L O U R S U P P O R T E R S
Charlie, Carter and Wheat McDowell at ‘An Evening with Barbara Ehrenreich’
Robert Rae Gordon
Mr. J. Carroll Graham
Green Truck Marketing in kindRichard Gregory
Ms. Valerie Guffy
Chris Hairston-White
Mr. and Mrs. Brenton S. Halsey
Cheryl Hamm
Helen Hardiman
Russell and Susan Harper
Katie Harrigan
Terrell & Elliott Harrigan
Eva Morgan Hartmann
Ms. Jane Helfrich
Mr. and Mrs. David Herring
Robert E. Hill
Mr. John C. Hoggan, Jr.
Mary Jane Hogue
Jean and David Holman
Daniel Honsberger
Rhonda Howlett
Chandra Hurst
Ms. Carol Jackson
Mr. Stewart Jester and Dr. Halleh Akbarnia
Johannas Design Group
Dr. and Mrs. Gary T. Johnson
Velma and Samuel Johnson
Jacqueline and Robley Jones
Mr. and Mrs. Heyn Kjerulf
Shannon Knowles
Koval Family Fund Dr. Nelson D. Lankford
Betsy Loeb
Reverend and Mrs. J. Fletcher Lowe, Jr.
Mann T. Lowry Foundation
Luck Stone Foundation
Nadine Marsh-Carter
Bill Martin
Ms. Alison McCabe
MariCris and Lindsay McDowell
Dr. & Mrs. Read McGehee, Jr.
Kathryn M. McGrew
Alice Reed and Hunter McGuire Fund Linda McMinimy
Mrs. Penny McPherson
Ms. Linda Melton
Mr. and Mrs. William Metcalfe
Miller & Associates, LLC
Ms. Josephine J. Miller
Dr. John V. Moeser
Chris and Dena Moore
Mr. & Mrs. Edward Myers
Cynthia Newbille
Ali Newton
Mr. and Mrs. William Nolley
One South Realty Group
Sally and O. H. Parrish
Mary Parsley
The Partnership for Housing Affordability
Marjie Patterson
James A. and Mary C. Payne
Mrs. Thelma Pettis
Trip Pollard and Elizabeth Outka
David Pritchard
Quirk Hotel
Vance Richardson Gift Fund of Fidelity Charitable
Richmond Friends Meeting
River City Roofing, LLC
Mr. and Mrs. Walter Robertson, III
John Jay Schwartz
Mr. and Mrs. S. Buford Scott
Mr. and Mrs. R. Strother Scott
Mr. David Seibert
Ms. Julia Seward
Bill Shelton
Mr. and Mrs. Otto B. Shreaves, Jr.
Simpson Housing
Muktha & T.K. Somanath
Ms. Jane Sper
Mrs. Mary Stagg
Ms. Frances Stanley
State Street Matching Gift Program
Mr. and Mrs. Richard Strauss
Mr. Alan Stringer
Summit Suites Richmond
Veronica Taylor
Mr. and Mrs. Peter Toms
Meg Turner
UrbanCore Construction
Don G. Virgin
Mark J. Walker
John and Susan Wilkes Family Fund Evelyn C. Wilkie
Mr. and Mrs. Daniel L. Williams, Jr.
Mr. and Mrs. Fielding Williams, Jr.
Hilda L. Williams
Hank and Laura Williamson
Stephen Wilson
Mr. and Mrs. Wesley Wright, Jr.
Frances Zehmer
John and Bucci Zeugner
G O O D N E I G H B O R Up to $99
Alison and Lee Alford
AmazonSmile Foundation
Brian Andress
Anonymous (4)
Evan Apotheker
Mr. and Mrs. Michael Armstrong
Alex Arruda
Dana Marie Buchanan and John Barsanti
The Beach House Bar and Grille in kindWilliam Bradley Beaman
Board of Directors of Beaulieu Group, LLC
Mr. and Mrs. Jack Berry
Carolyn Bishop
Corey Boone
Michaelle Boyer
D O N O R A P P R E C I A T I O N
Monique Johnson with Virginia & Randy Totten at the Builder’s Society Reception
Rick Brisee
Mr. and Mrs. Philip Brooks
Trevor Randolph Buckley
Jerry Candrilli
Carolyn Champion
Ms. Regina Chaney
Christopher Claytor
Jonathan Claytor
Eva Colen
Mr. J. David Conmy, Jr.
Wiley E. Cross, Jr.
Susan Dandridge
Mr. Richard Day
Heather Dedie
Holly Delano
Mary Delicate
Mr. Howard Deskin
Mr. and Mrs. Graham Driver
Anne T. Durkin
Mr. and Mrs. Robert Emmich, Jr.
Dawn Epley
Gerald Escobar
Betsy and Jim Fernald
Veronica Fleming
Mr. David Forrest, Jr.
Pamela Freeth
Erich Fritz
Debra L. George
Goodwill of Central and Coastal Virginia
Kathleen McClory and Bruce Gould
Ms. Freda Green-Bolling
Ms. Elizabeth Greenfield
Ms. Jane Hamilton
The Handy Family
Ben Harmon
Katie Harrigan
Mr. John F. Hastings
David Hebel
Ms. Jane Henderson
Ms. Dana Henry
Roger and Maureen Hildreth
James Hill
Dennis Lee Howard
Mr. Karl L. Huber
Amanda Huff
Ms. Mitzi Humphrey
Lavinia Hurley
Mary Kay and Phil Huss
Bethany Jaeckle
Joseph Jones, III
Malcolm Jones
Mr. Stephen Kadar, Jr.
Taylor Keeney
Ms. Suzanne Keller, MA
Joe Koeberle
Hank and Sarah Krohn
Ms. Swetha Kumar
James Lambert
Ashley Landes
Ms. Andrea Levine
Mr. Steven Longstaff
Ms. Cyane Lowden
Mrs. Anne Lower
Crystal Lowery
Mary L. Lyons
Eliza Machek
Eva Mallory
Brantley Mason, Jr.
Toni Maxey
Jan McCauley
Carolyn McCrea
John McFarland
Sara Mehle
Sarah Midkiff
The Mill on MacArthur in kindTerrie P. Miller
Dr. & Mrs. Allen J. Mollen
Corbin and Murray Moore
Jennifer Mullen
M. Pinson Neal, III
David Nelms
Michelle Newcomb
Mr. and Mrs. Robert Newman
Susan Newton
Kimberly Nicolas
Lauren Nuckols
Dr. and Mrs. Anand Pandurangi
Jennifer Peterson
Martha M. Pollard
Craig Ponte
Pope Carpet & Floor Center, LLC in kindMargaret Powers
Thomas Raper
Restoration Builders of Virginia
Mr. and Mrs. R. Coleman Rice, Jr.
Beau and Betty Lynne Robertson
Mrs. Mary M. Robinson
Wally Robinson
Laurie J. Rogers
Ann Romer
Ross Publishing in kindRebecca and Foster Rowe
Laura Rucker
Richard Rumrill
John Rupp
Mrs. Calvin Satterfield, III
Cathy Saunders
Anne Savedge
Eleanor Scales
Andrew Mark Scherzer
The Sherwin-Williams Company in kindMeredith A. Shuford
Henry Silberhorn
Regina Sobey
Rodney and Rebecca Sobin
Ms. Karen Sorrell
Carolyn A. Speer
Tory and Eric Sprehe
Christopher Sterling
Stewart/HG
The Honorable Lavar M. Stoney
Mr. and Mrs. Mikel L. Stout
Strangeways Brewing
Mrs. Carolyn Street
Robert and Mary-Helen Sullivan
SunTrust Private Wealth
Dr. & Mrs. E. Armistead Talman
Dr. Glenn Thomason
A S I N C E R E T H A N K S T O A L L O U R S U P P O R T E R S
2016 Groundbreakers Robert Bolling (ChildSavers) and Candice Streett (LISC)
D O N O R A P P R E C I A T I O N
Mary and George Thompson
Mr. and Mrs. William Trigg
Brantley Tyndall
Angie M. Vasquez
Daniel Wagner
Stratford Ward
Jane-Page Watson
Julie and Paul Weissend
Dr. Cynthia Weldon-Lassiter
Mario Wells
Amber Wilk
Kimberly Willett
Dynell Williams
Ryan Williams
Cleveland and Kay Williamson
Christopher M. Winslow
Christopher Yenson
We are grateful to all donors who contributed via these workplace giving campaigns:
Commonwealth of Virginia Campaign (#003624)
United Way of Greater Richmond and Petersburg
United Way Local Government & Schools (#3158)
* deceased
Donor advised fund of The Community Foundation Serving Richmond and Central Virginia
We have taken great care to ensure the accuracy and completeness of this list, and regret any errors or omissions.
In Honor of Stacie BirchettChristopher English
In Memory of Lewis T. BookerNancy B. Booker
In Memory of J. Stewart BryanMuktha & T.K. SomanathMr. and Mrs. James E. UkropMr. and Mrs. Henry Valentine, II
In Honor of Lissy BryanSally BagleyScott and Nancy BellemanMr. & Mrs. Robert P. BlackMs. Roberta BocockMs. Jane HamiltonMr. & Mrs. William M. HillNeil and Anne Preston Farmer
In Memory of Joan Midkiff Farley ChappellMr. and Mrs. Benjamin C. Ackerly, Jr.Armstrong, Bristow, Farley & Schwarzschild, PLCMr. and Mrs. Michael ArmstrongMrs. L. Anthony AustinBeaulieu Group LLCThe Board of Directors of The Beaulieu GroupNancy B. BookerMr. and Mrs.* Austin Brockenbrough, IIICarlock, Copeland & Stair, LLPChristian & Barton, LLPMr. and Mrs. Frank M. Foster, Jr.Mr. and Mrs. Mark FrankoDebra L. GeorgeThe Handy FamilyVelma and Samuel JohnsonJoe and Mary Jo KearfottShannon KnowlesBrantley Mason, Jr.Charles & Carter McDowellKathryn M. McGrewCorbin and Murray MooreMartha M. PollardBeau and Betty Lynne RobertsonLaura RuckerMeredith A Shuford
Simpson HousingMuktha & T.K. SomanathCarolyn A. SpeerMr. and Mrs. Mikel L. StoutStratford WardSunTrust Private Wealth
In Memory of Hilton W. Goodwyn, Jr.Wiley E. Cross, Jr.Harvey P. DiehrClaude B. DanielMr. and Mrs. Otto B. Shreaves, Jr. Evelyn C. WilkieCleveland and Kay Williamson
In Honor of Greta Harris Nadine Marsh-Carter
In Memory of Nancy Crater JandlMrs. Westy Byrd
In Honor of Laura LafayetteRalph and Elsie DillardCathy Saunders
In Honor of Carter McDowellSally BagleyEmily ElmoreMr. & Mrs. William M. HillMrs. Anne LowerMr. & Mrs. R. Wheatley McDowellMariCris and Lindsay McDowellMr. and Mrs. R. Coleman Rice, Jr.
In Honor of Wheat McDowellMrs. Barrie McDowellMeg Turner
In Memory of Estelle V. SmithMs. Regina Chaney
In Honor of TK SomanathMr. J. Carroll GrahamMr. Stephen Kadar, Jr.
In Honor of Bobbie UkropMr. and Mrs. Daniel L. Williams, Jr.
In Memory of Madge VirginDon G. Virgin
Gifts in Honor & Memory
Good Neighbor Continued
Simpson HousingMuktha & T.K. SomanathCarolyn A. SpeerMr. and Mrs. Mikel L. StoutStratford WardSunTrust Private Wealth
In Memory of Hilton W. Goodwyn, Jr.Wiley E. Cross, Jr.Harvey P. DiehrClaude B. DanielMr. and Mrs. Otto B. Shreaves, Jr. Evelyn C. WilkieCleveland and Kay Williamson
In Honor of Greta Harris Nadine Marsh-Carter
In Memory of Nancy Crater JandlMrs. Westy Byrd
In Honor of Laura LafayetteRalph and Elsie DillardCathy Saunders
In Honor of Carter McDowellSally BagleyEmily ElmoreMr. & Mrs. William M. HillMrs. Anne LowerMr. & Mrs. R. Wheatley McDowellMariCris and Lindsay McDowellMr. and Mrs. R. Coleman Rice, Jr.
In Honor of Wheat McDowellMrs. Barrie McDowellMeg Turner
In Memory of Estelle V. SmithMs. Regina Chaney
In Honor of TK SomanathMr. J. Carroll GrahamMr. Stephen Kadar, Jr.
In Honor of Bobbie UkropMr. and Mrs. Daniel L. Williams, Jr.
In Memory of Madge VirginDon G. Virgin
B H C L E A D E R S H I P
B H C B O A R D O F D I R E C T O R S
Michael J. SchewelTredegar Corporation
Greta J. Harris President/CEO
Better Housing Coalition
Anthony ClaryVirginia Supportive
Housing
Atma IyerCapital One
Todd WaldoRoyall & Company
R. Wheatley McDowellRichmond Capital
Management
Neil AminShamin Hotels
Laura Lee GarrettHirschler Fleischer
Jane FerraraCity of Richmond Economic & Community Development
Penny J. McPhersonWells Fargo
Doug MoranIf You Will Lead, LLC
Michael Williams*Park Sterling
Wealth Management
* New 2017 board members
Freda Green BollingVirginia Department
of Health
Philip BrooksMcNeil Street, LLC
Randy B. GonzalezVirginia Community
Capital
Kenneth J. Shepard, CFAUS Trust
Lissy BryanPast Chair, BHC Board
Laura D. LafayetteRichmond Association
of REALTORS®
Ron BertoliniGenworth Financial
Veronica Fleming*Partnership for
Families, Inc.
Walter J. O’Brien, Jr.Community Volunteer
Carter McDowellCo-founder,
Better Housing Coalition
Richard Dickinson*TowneBank
Regina ChaneyHousing Opportunities Made
Equal (HOME) of Virginia
Mark GordonBon Secours
Amy Howard, PhDUniversity of Richmond
R. Scott UkropNew Richmond Ventures
John McCannPast Chair, BHC Board
V I C E C H A I RC H A I R I M M E D I A T E P A S T C H A I R S E C R E T A R Y T R E A S U R E R
E M E R I T U S M E M B E R S
B H C Y O U N G P R O F E S S I O N A L S ( B H C y p )
B H C L E A D E R S H I P
B H C M A N A G E M E N T B O A R D
W. Barry HofheimerCB Richard Ellis
Investment Properties
R. Joseph “Joey” Noble* Williams Mullen
Eric TurnerKeiter
Joseph M. TeefeyTeefey-Collins Consultants
Graham DriverCommunity Volunteer
W. Martin Williams*Harvey & Williams, PLC
Duke DodsonDodson Property
Management
Arild Trent*Virginia Community
Development Corporation
Cheryl HammJoyner Commercial
John F. HastingsVirginia Housing
Development Authority
S E C R E T A R Y / T R E A S U R E RC H A I R
Alex ArrudaC H A I R
Virginia Housing Development Authority
Ali NewtonV I C E C H A I R
Divaris Real Estate, Inc.
Lauren CrossS E C R E T A R Y
Henrico County Department of Community Revitalization
Kayla SmithT R E A S U R E R
A Village Youth & Family Services, Inc.
Erin Ehrlich Beard C O M M U N I C A T I O N S O F F I C E R
Virginia Hospital & Healthcare Association
Trevor Buckley S P E C I A L P R O J E C T S O F F I C E R
Timmons Group
Rebecca RoweS I G N A T U R E E V E N T O F F I C E R
Virginia Housing Development Authority
Damien SharpO U T R E A C H O F F I C E R
Troutman Sanders LLP
Janell BakerCity of Richmond
Patricia BradbyLeadership Metro Richmond
Amy BroderickCushman & Wakefield | Thalhimer
Andrew ClarkHome Builders Association of Virginia
Sojourna CunninghamUniversity of Richmond
Chris DimotsisVirginia Housing Development Authority
Candice EvansVirginia Housing Development Authority
Malcolm JonesRebuilding Together Richmond
Peter KlemzVirginia Community Capital
James LambertVirginia Housing Development Authority
Crystal LoweryMosaic Events
Sara MehleDorsey, Wright & Associates
Christopher YensonCity of Richmond
Regina ChaneyHousing Opportunities Made
Equal (HOME) of Virginia
* New 2017 board members
BHC was built on the generosity of community members like you. Won’t you consider making a gift today?
Every dollar we receive is reinvested in your community.
$50,000 Moves the needle on future income-inclusive housing
$25,000 Preserves BHC communities in the Richmond region
$10,000 Provides critical services to help stabilize families
$5,000 Brings the arts to our 750 senior residents
$2,500 Funds a scholarship for higher education
$1,000 Offers vocational training to adult residents
$500 Delivers health and wellness programs to a senior
$250 Sends a teenager on college visits and field trips
$100 Provides a child with on-site afterschool care
Thank you for your support!
The Better Housing Coalition changes lives and transforms communities through high-quality, affordable housing.
2 3 W E S T B R O A D S T R E E T | S U I T E 1 0 0 | R I C H M O N D , V I R G I N I A 2 3 2 2 0
( 8 0 4 ) 6 4 4 - 0 5 4 6 | W W W. B E T T E R H O U S I N G C O A L I T I O N . O R G
Better Housing Coalition is part of the NeighborWorks network, an affiliation of more than 240 nonprofit organizations located in every state, the District of Columbia and Puerto Rico. The NeighborWorks network was founded and is supported by NeighborWorks America, which creates opportunities for people to live in affordable homes, improve their lives and strengthen their communities.