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.

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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.