The NHP Foundation (NHPF) recently released a white paper titled, “Unaffordable Housing: A Root Cause of Social Inequality” by Richard F. Burns and Thomas G. Vaccaro. Notably, the paper supports the Low Income Housing Tax Credit Program (LIHTC) and examines the issue of cost burden.
An excerpt from the paper reads:
“Social inequality is the new philanthropic buzz phrase that covers a wide-range of hard-to-resolve societal problems. For example: racial bias; right-to-vote
issues; inferior schools; low paying job opportunities, homelessness and limited access to quality nutrition and health care.
In our view, rundown apartment units located in desperately poor neighborhoods are a root cause of many quality of life issues. And these issues will only become more widespread, intractable and irreversible as the crisis of una ordable housing continues to spread from poor, underclass households to those earning average median incomes and above.”
To read the paper in its entirety, click here.
Recently BisNow featured HAND Member, Dantes Partners, in an article titled, “How a Nigerian Immigrant Became One of DC’s Most Active Affordable Housing Developers.” Founded by Buwa Binitie, the development firm has five projects in the pipeline, which will bring a total of 783 affordable units to the region’s housing market.
Binitie was born in Nigeria, and attended New York University, after which he pursued an IT startup. When the company didn’t grow as planned, he switched paths to real estate, and started Dantes Partners in 2005. Since then, he has gone from redeveloping one and two unit homes to the 462 – unit Bruce Monroe/Park Morton project he is working on now with The Community Builders, also a member of HAND.
The Office of the Deputy Mayor for Planning and Economic Development‘s communications director, Joaquin McPeek, was also quoted in the piece: “We are always encouraged to see local CBE’s and minority-owned businesses succeed in the District.” He continued, “It is equally satisfying when projects place an emphasis on affordable housing and addressing community needs—two priorities of this administration when it comes to DC development.” You can read the entire article here.
Klein Hornig partner, Steve Paul is pleased to provide the 2016 Edition of the Low-Income Housing Tax Credit booklet, which has been distributed for more than 20 years.
Klein Hornig senior counsel, Katie Day and associates, Emily Blumberg, Rebecca Melaas and Sara Silverstein are gratefully recognized as contributors.
To read the entire booklet, click here.
Affordable Housing Finance recently announced the recipients of its 2016 Young Leader Awards, among which are three HAND members! Emily Cadik of Enterprise Community Partners, Stephanie Kinsman of Red Stone Equity Partners, and Angela Kelcher of Fannie Mae were three of six honorees recognized for their work in affordable housing. All of the Young Leaders are age 40 or younger, and “have made substantial contributions on the debt, equity, policy, and preservation sides of the industry.” You can read more here.
Congratulations to Emily, Stephanie, Angela and all of the Young Leaders!
Clear your calendar! It’s time to reconnect with the Women of Color in Community Development in the DC Metro area. Come one, come all, and bring a guest!
When:
Thursday, November 3, 2016
6:00 pm
Where:
Local 16
1602 U Street NW
Washington, DC 20009
You can RSVP here.
[custom-facebook-feed]
Payments: Orders placed on the event registration page are not confirmed until payment is received. A confirmation email will be sent to the email address listed in your registration. If you paid by credit card, a receipt will be sent to the email address listed in your registration. If you mail a check, all payments must be received within seven days of completing your registration form. Checks should be remitted to: HAND, PO Box 48386, Washington, DC 20002
Guest List & Dietary Preference: If your registration includes a luncheon table or multiple guests, please submit guest names and menu choices by May 1, 2020. Submit guest names here.
Housing Expo: Plan to exhibit? Download the Housing Expo FAQs here.
Omni Shoreham Hotel Room Block: For attendees looking to secure overnight accommodations on May 25th, HAND has secured a rate starting at $189 for conference attendees. There are a limited amount of rooms available, so visit this link today to reserve your room. May 10th is the last day to secure a room at the discounted rate.
Ad Submission: The artwork for advertisements should be submitted to annualmeeting@handhousing.org. You can download the ad spec sheet here. Deadline for ad submission is April 13, 2020.
Cancellations & Changes: If you wish to cancel or change your registration for the Annual Meeting & Housing Expo, please send a request in writing to annualmeeting@handhousing.org. All cancellation requests made prior to April 27th will receive a 50% refund. For cancellation requests made after April 27th, no refund will be provided.
Door Prizes: Are you interested in donating a door prize to this year’s Annual Meeting? Email annualmeeting@handhousing.org to coordinate with our team.
Mailing Address:
HAND
1330 New Hampshire Avenue NW, Suite 124
Washington, DC 20036
info@handhousing.org
202.384.3764
Staff Directory
MEDIA INQUIRIES?
communications@handhousing.org
INTERESTED IN HAND UPDATES?
Sign up for the distribution list here.