Bruce Zavos, President of ZA+D, LLC has been confirmed as the new chair of the Affordable Housing Council of Frederick County taking over from Ryan Trout.
The Frederick County Board of County Commissioners (BOCC) and the City of Frederick Mayor and Board of Aldermen established the Affordable Housing Council in 1993, with a mission statement to advocate for the preservation and expansion of safe, decent and affordable housing opportunities in Frederick County, Maryland.
Mr. Zavos brings over thirty years of affordable housing design and development experience to the council and has been involved in the creation and preservation of over 12,000 affordable housing units in the Washington metropolitan area. He is the president of ZA+D, LLC, an architectural firm specializing in affordable, senior and work force housing design.
For more information, please contact:
Karen Davis
kdavis@zavosarchitecture.com
Frederick, Maryland301.698.0020
Arlington Partnership for Affordable Housing (APAH) broke ground on its newest project, Columbia Hills Apartments, which will be located at 1010 S. Frederick Street in Arlington. In a blustery but spirit-filled celebration, APAH’s finance, design and building partners, elected officials, neighbors and APAH leaders gathered to launch construction on the 229-unit building.
With a sentiment echoed throughout the proceedings, Libby Garvey, Chairman of the Arlington County Board, praised the Columbia Hills project as “a wonderful example of what we can do when everyone works together for the community. Today there are just 9,600 affordable homes in Arlington, yet there are 17,000 low income families here in our community right now in need of affordable homes.”
M&T Bank, who in partnership with APAH, donated the 1.2 acres of land on which Columbia Hills will be built, was a critical early partner. Speaking at the celebration, John Mangan, Vice President for Commercial Real Estate Finance at M&T Bank, stated “we all succeed when the communities where we live, work and play succeed. In a high price region like Arlington, land is one of the largest obstacles to growing our stock of affordable housing. Columbia Hills is one of the largest donations M&T has ever made and I can’t think of a better cause, group or project for our support.”
Delegate Alfonso Lopez (VA-49th District) expressed his gratitude for the support of the Virginia Housing Trust Fund, an affordable housing fund he championed in the legislature, but noted “today is a great day, but we must do more. Solving Virginia’s housing crisis is essential to economic growth, to creating jobs and to building thriving communities. Today, as we begin Columbia Hills, APAH and everyone here is taking a giant step forward to expand affordable housing here in Northern Virginia.”
Closing the festivities, Nina Janopaul, APAH President and CEO, observed “it is incredible what this community can accomplish when we link arms and muscle through complicated projects like Columbia Hills. We do it because we believe in this cause; we believe in the diversity of our community and we believe that Arlington is stronger when the 17,000 low income families who are our friends and neighbors are able to stay here in our community.”
Columbia Hills Apartments is one of the first projects to be developed under the Arlington County’s award-winning Columbia Pike Neighborhoods Plan and will contribute significantly to meeting the Plan’s goal of preserving 3,000 affordable homes along Columbia Pike. The building will be an attractive, new, eight-story apartment complex that includes community rooms for resident programs and a relocated playground for young children. The property includes 10 permanent supportive housing units and 13 accessible units to meet the diverse needs of the community, including senior and disabled residents who cannot live comfortably in the neighboring Columbia Grove walk-up apartments.
Built on 1.2 acres of APAH’s land adjacent to our Columbia Grove Apartments, Columbia Hills will provide a total of 229 homes, including 64 studio apartments, 27 one-bedroom units, 110 two-bedroom units, and 28 three-bedroom homes. All apartments are affordable to low income households earning 60% or Area Median Income (AMI, including 10 for households below 40% AMI and 39 for households below 50% AMI.
Located at 1010 Frederick Street, just a block off Columbia Pike, Columbia Hills is an innovative and highly efficient $91M project that includes land donated by APAH and M&T Bank, , federal Low Income Housing Tax Credits (LIHTC), innovative hybrid financing. Arlington County loaned $18.5 million from its Affordable Housing Investment Fund (AHIF) project which will repaid back by APAH into the County’s revolving fund. Additional funding is being provided by the Federal Home Loan Bank of Atlanta and the Virginia Housing Trust Fund
Speaker at the groundbreaking included:
Re. Andrew Merrow, Rector, St. Mary’s Episcopal Church
John Milliken, Chairman, APAH Board of Directors
Libby Garvey, Arlington County Board Chair
Dale Wittie, Director, Rental Housing, VA Housing Development Authority, VHDA
Derrick Perkins, Senior Vice President, Community Development Lending, Bank of America Merrill Lynch
John Mangan, Vice President, Commercial Real Estate Finance, M&T Bank
Chris Thompson, Deputy Director of Housing, Virginia Department of Housing and Community Development
Alfonso Lopez, Virginia House of Delegates (49th District)
Nina Janopaul, APAH President and CEO
Please find the property sheet here with more information on the project.
On Wednesday, June 29 from 2PM-4PM at the Pennino Building 12011
Government Center Parkway, Suite 206 Fairfax, VA 22030, The Construction Trade Coalition will host an event for attendees gain a better understanding of what the construction and trade industry has to offer as well as pair construction companies with housing and service providers for a new training and employment opportunities in the strong construction field. For more information about the event please contact mouly.aloumouati@fairfaxcounty.gov (Fairfax County Department of Family Services) or judy.kordella@cornerstonesva.org (Cornerstones).
The following organizations are in partnership with The Construction Trade Coalition for this event:
Earlier this year, the Federal Housing Administration (FHA) released a revised Multifamily Accelerated Processing (MAP) Guide with an effective date of May 28, 2016. The revised guide is meant to streamline the loan application process and increase consistency across the program. It also allows greater underwriting responsibility to approved MAP lenders.
But what does the revised MAP Guide hold for FHA borrowers? And how will the revisions impact FHA financing for affordable housing moving forward?
On Wednesday, June 15, join our panel of former HUD FHA attorneys and FHA lenders’ counsel for an overview of the revisions and what they mean for FHA borrowers. The panel will highlight changes in the MAP Guide that may be of particular interest to borrowers including:
– Opportunities for reduced mortgage insurance premiums (MIP)
– Changes to equity holdback requirements
– New substantial rehabilitation thresholds for refinances
– Revised requirements for FHA projects using low-income housing tax credits (LIHTC)
– New elderly housing requirements.
Nixon Peabody partners Monica Hilton Sussman (former HUD Deputy General Counsel) and Patrice Harris (former Assistant General Counsel at HUD headquarters and FHA Closing Counsel in Chicago HUB) will provide commentary throughout the program.
Speakers also include:
Edward Campbell, Associate
Susanna Mitchell, Associate
Dana Roper, Associate
Alex Rosso, Associate
Monica Hilton Sussman, Partner
Patrice Harris, Partner
To register for the event, please click here.
Founded in 1852, Wells Fargo provides banking, insurance, investments, mortgage, and consumer and commercial finance through 8,700 locations, 13,000 ATMs, the internet and mobile banking, and has offices in 36 countries to support customers who conduct business in the global economy.
The bank serves one in three households in the United States and strives to satisfy their customers’ financial needs and help them succeed financially. As with other parts of the country and around the world, it is fully vested in the growth of the Washington, DC region.
Wells Fargo and Habitat for Humanity of Washington, DC (DC Habitat)
In October of 2010, as part of the Jimmy & Rosalynn Carter Work Project, DC Habitat committed to providing 28 new and rehabilitated affordable homeownership opportunities to low-income, working residents in Ivy City – a historic neighborhood located in Northeast D.C. To help this local partner, Wells Fargo invested financially – and through employee volunteerism – to support DC Habitat in completing this valuable project. Last year, thanks in no small part to Well Fargo’s ‘Priority Markets Grants,’ DC Habitat has nearly finished the third phase of development in Ivy City.
“Wells Fargo’s commitment to our mission includes not only crucial financial support, but manpower as well. Throughout the year, Wells Fargo rallies their employees to get their hands dirty and make a difference on DC Habitat Build sites,” expressed Habitat DC. “Last June, team members participated in our second annual Rainbow Build and Wells Fargo was also a major sponsor of our 25th Anniversary Event in November of 2014. Continuing to support our work with both time and treasure, they have signed on to sponsor a series of four special theme builds in 2016.”
A national, diversified, community-based financial services company with $1.8 trillion in assets, Wells Fargo has been a valuable ally in advancing DC Habitat’s affordable housing mission for nearly five years.
“DC Habitat is improving lives and strengthening communities,” said Mike Golden, Wells Fargo President for Greater Washington, DC. “Wells Fargo is proud to partner with DC Habitat, and we’re committed to providing affordable housing in our nation’s capital.”
To help with that commitment in DC and throughout the region, Wells Fargo is also excited about its partnership with HAND. The member benefits, specifically the training and capacity building series, offers a vital component to nonprofit organizations the bank partners with in the area.
A 25th Anniversary and 2016 Annual Meeting & Housing Expo sponsor, HAND is pleased to spotlight Wells Fargo as a member who certainly contributes to our organization’s COLLABORATION, INNOVATION and TRANSFORMATION within the metropolitan area!
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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
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