N O V E M B E R 2 0 1 8 N E W S L E T T E R

Working to expand housing opportunities by increasing the supply of affordable, quality rental housing in Maryland through advocacy, education and collaboration.

2018 Annual Meeting a Success! UPCOMING EVENTS

Annual Holiday Mixer 06 December 2018 5:30 - 7:30 PM Heritage Overlook Apartments Community Room, 125 Loyd Lane, Glen Burnie, MD 21061

A huge thank you to the over 350 MAHC Members and affordable housing professionals that joined us for the 2018 MAHC Annual Meeting! In addition to celebrating the work of our members over the past year, we heard a great keynote address by Nan Roman, President and CEO of the National Alliance to End Homelessness. We also had a timely panel discussion with local and regional experts about strategies for integrating homeless housing units into tax credit properties and how to fund homeless services. We also presented the 2019 MAHC legislative priorities. Thank you to everyone who helped to make this event a success!

Congratulations to the 2018 MAHC Housing Award Winners!Episcopal Housing Corporation (EHC) received the President’s Award in recognition of its creativity and innovative partnerships in providing housing and supportive services for Baltimore’s most vulnerable residents. EHC has demonstrated outstanding leadership and collaboration in advancing the affordable housing industry across the state.

The Housing Person of the Year Award was awarded to Jim French, President of the French Development Company, for

THANK YOU TO OUR

2018 SPONSORS

P L A T I N U M

G O L D

his lifetime commitment to advancing affordable housing. Jim has developed housing for vulnerable populations, taken on years-long, complex projects and volunteers in the affordable housing industry serving on five Boards, including MAHC.

The Innovation Award was awarded to Stone Grove Crossing Resident Services Program – Pennrose Properties in celebration of innovation within the affordable rental housing community in Maryland. Stone Grove Crossing is a former public housing community located in Salisbury that was redeveloped by Pennrose Properties in 2016. The property manager, Beth Hitch, successfully developed and implemented a robust and unprecedented level of programming to support the residents by providing financial support, wellness activities and opportunities to support and give back to the surrounding community.

Join Us for Some Holiday Fun!On December 6, 2018, join us for our annual Holiday Membership Mixer to celebrate the holiday season! This year we

S I L V E R

AGM Financial Services

Ballard Spahr

Bozzuto Construction

CBP Constructors

CPDC

Conifer Realty

Maryland DHCD

Gallagher, Evelius & Jones

Howard County Housing

Klein Hornig

Landex Corporation

Osprey Property Company

PNC Bank

RPH Architecture

Shelter Development

Southway Builders

SunTrust Bank

Telesis Baltimore

Woda Group

B R O N Z E

Baltimore Housing Boston Capital

CHAI, Inc. Conifer LeChase Construction

Delaware Valley Dev. Corp.

Foundation Development Green Street Housing

Grimm & Parker Habitat America

Hertzbach & Company, P.A. Housing Trust of America Hudson Housing Capital Humphrey Management Ingerman Management

Marks Thomas Architects National Foundatoin for

Affordable Housing Solutions

NHP Foundation

Nixon Peabody Novogradac & Company

Pax-Edwards PIRHL

will gather at the new Heritage Overlook Apartments in Glen Burnie from 5:30 to 7:30 pm.

Due to space limitations, please limit registration to three people per organization. Register here.

M E M B E R N E W S

Congratulations to The Community Builders for the upcoming grand opening of its newest community on November 14, 2018! Each one- and two-bedroom apartment at City View at McCulloh, located in the Druid Heights neighborhood of Baltimore, now features new flooring, kitchen countertops, cabinets and appliances and new baths.

I N D U S T R Y N E W S

NCSHA Releases Opportunity Zone Fund Directory

The National Council of State Housing Agencies (NCSHA) released the Opportunity Zone Fund Directory, which provides descriptions and contact information for publicly-announced Opportunity Funds that aim to attract investment in Opportunity Zones. The directory will be regularly updated.

The directory is available here.

Guidance Issued on Qualified Opportunity Zones

On October 19, 2018, Ballard Spahr, LLP released the first set of proposed regulations and a Revenue Ruling providing guidance on the Qualified Opportunity Fund (QOF). The guidance addresses some of the important uncertainties necessary to implement this program such as what type of gains can be rolled over, how a fund can qualify as a QOF and how are the terms QOZ Business Property and QOZ Business defined.

More information available here.

R4 Capital Raymond James

Real Property Research Group Red Stone Equity Partners

Victory Housing Wells Fargo

Woori America Bank

N O N P R O F I T S

ACDS AHC of Greater Baltimore

ARC of the Central Chesapeake Region

Cinnaire Episcopal Housing

Interfaith Housing Alliance MAHRA

Milford Housing Development

Corp. Mission First Housing Volunteers of America

W E L C O M E N E W M A H C M E M B E R S:

Alliant Capital B&B Urban LLC

Housing Authority of the City of Annapolis

Churchill Stateside Group Encore Sustainable Design

Fairstead Sabal Capital

WinnResidential HDC Mid-Atlantic

Mike Rodgers

W H A T ' S G O I N G O N A T M A R Y L A N D D H C D

DHCD announced FY19 Community Legacy Grants, awarding $8 million to 79 neighborhood revitalization and redevelopment projects in 22 jurisdictions across Maryland. Over the last four years, the Community Legacy program has awarded more than $33 million in grants. The full list of winners is available here.

DHCD has announced the public comment period on the draft of the 2017 Consolidated Plan Annual Performance and Evaluation Report (CAPER). The planning document covers a five year period and is designed to coordinate federal and state resources to provide housing, economic opportunities and acceptable living environments for citizens across the state. DHCD is accepting written comments on the report, via email or standard post, through November 9, 2018. Emails can be directed to janai.streat@mayland.gov. Standard mail can be sent to 7800 Harkins Road, Lanham, MD 20706.

The Main Street Maryland program – which aims to strengthen the economic development potential in Maryland’s historic downtown districts and neighborhoods – celebrated its 20th anniversary by announcing the designation of the Town of New Market and the City of Laurel as new communities, bringing the statewide total to 30 Main Streets.

P R O J E C T S P O T L I G H T

Sojourner Place at Argyle, Baltimore, MD

Sojourner Place at Argyle, developed and owned by Episcopal Housing Corporation, has recently completed renovations in the Upton neighborhood in West Baltimore. The 12 one-bedroom units offers permanent, supportive housing for formerly homeless households, most of whom are just coming off the streets. Episcopal partnered with Health Care for the Homeless to assure Maryland’s most vulnerable residents have safe, decent and affordable housing.

The development costs were funded by the State of Maryland’s Shelter and Transitional Housing program and Project CORE, Baltimore’s HOME funds with Vacants to Value properties and grants from the Harry and Jeanette Weinberg and Bank of America Foundations. The residents pay 30 percent of their income for rent and then use Project Based Vouchers to pay the remaining balance.

Southway Builders completed the renovations and Towner Management is the Property Manager.

M A H C C A M E R A

Fall Happy Hour at Uncle Julio's in Columbia - October 17, 2018

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