Previous Trainings 3

DECEMBER 14, 2006: Affordable Housing Finance

SEPTEMBER 28, 2006: Construction Management

JUNE 8, 2006: Creating an Asset Management Plan

FEBRUARY 9, 2006: Asset and Property Management—The Basics

JANUARY 19, 2006: Financial Management Practices for Affordable Housing Organizations

OCTOBER 27, 2005: Housing Development and Finance

DECEMBER 14, 2006: Affordable Housing Finance

Leon Laptook, Community Development Law Center

This workshop was targeted for more experienced CHDO staff and presented negotiating land acquisition, predevelopment loans, construction loans, permanent financing and partnership agreements. The focus of the workshop was on understanding contracts and loan documents, key deal points, how affordable housing loans and grants impact agreements, and strategies for negotiation. Techniques and strategies for evaluating the financial structuring of projects, including LIHTC Year 15 and HUD/RD preservation projects were also presented.

Training Materials

SEPTEMBER 28, 2006: Construction Management
Charlie Harris, Leon Laptook, Rob Prasch

Oversight of construction is critical to the success of affordable housing projects and the long-term health of an organization.  With scores of professionals and tradesmen involved, who will oversee the hundreds of construction documents, the materials and equipment, and the thousands, if not millions, of dollars needed for the success of a project?  This training covered the basic skills and processes needed for effective project oversight.  it presented the phases of construction, the roles of the various participants, and techniques to ensure that projects are developed, on time, within budget and as planned.  Topics included: construction planning, procurement, construction contracts and related documents, inspections, coordination, change orders, resolving disputes, etc.  In addition a panel consisting of an architect, general contractor, and construction manager will present a case study of a project that they successfully completed.

JUNE 8, 2006: Creating an Asset Management Plan
Robin Boyce, Leon Laptook, Tanya Wolfersperger

a communities’ housing needs. Operating the housing effectively over the long term is what ultimately makes a difference in the lives of low-income residents. This training assisted CHDO and community development organization staff in the development of asset management plans for their affordable housing projects. The training covered oversight of property management, oversight of financial performance, oversight of the physical condition of properties, resident service plans, community relations, and record keeping, reporting and monitoring. Participants had hands-on experience working individually and in small groups developing components of asset management plans for their properties using CDLC’s model asset management planning tool.

FEBRUARY 9, 2006: Asset and Property Management—The Basics
Charlie Harris, Leon Laptook

This workshop was targeted towards new CDC staff, existing staff with new asset management responsibilities and organizations that are relatively inexperienced with owning multifamily housing.

Topics included:

  • Asset management roles and responsibilities.
  • Oversight of project operations focusing on reviewing financial statements and reports.
  • Selection and oversight of property management.
  • Compliance with funder requirements.
  • Developing asset management policies and procedures.
  • Staffing and developing an asset management plan.

JANUARY 19, 2006: Financial Management Practices for Affordable Housing Organizations
Kay Sohl

This full day workshop presented strategies for budgeting, accounting, and financial reporting for non-profit affordable housing organizations. Workshop participants received a comprehensive guide to financial management for affordable housing non-profits. Both the workshop and the guide addressed financial management issues that arise in housing development, asset and property management, tenant services, and overall operation of non-profits providing affordable housing.

Workshop topics included:

  • Budgeting, accounting and reporting for multiple programs and projects.
  • Differing viewpoints — GAAP accounting and the housing industry focus on cash flow.
  • Dealing with restricted funds.
  • Multiple entities – accounting for related Single Asset Entities and Tax Credit Partnerships.
  • Accounting and reporting that supports effective asset and property management.
  • Budget, accounting, and reporting issues in home ownership programs.
  • Software choices.
  • Communicating financial information effectively to boards and managers

OCTOBER 27, 2005: Housing Development and Finance

Charlie Harris, Leon Laptook

This workshop presented a broad overview of the housing development process and affordable housing finance tools. It was targeted towards new CHDO staff, existing staff with housing development responsibilities and organizations that are relatively inexperienced with developing affordable housing.

Topics included:

  • Developing a project concept.
  • Understanding the market.
  • Forming a development team.
  • Board roles in the development process.
  • Acquiring land.
  • Local approval processes.
  • Dealing with community opposition.
  • Developing project proformas.
  • Sources of affordable housing finance.
  • Understanding and negotiating project financing agreements.
  • Understanding and negotiating project contracts (development services agreements, architect contracts; construction contracts, etc.).
  • Construction management oversight.
  • Obtaining property management services.
  • Asset management functions.