WHF-PA Members Out and About – October Edition

We know that WHF-PA members regularly attend industry conferences, webinars, and events to support their professional growth. WHF-PA wants to help our members identify networking and professional development opportunities and connect with one another. If you are planning to attend a conference or an event (within or outside of Pennsylvania) in October, please share! In the box under “Leave a Reply” below, you can provide the name and location of an event as well as any pertinent details (e.g., link to website) that may be available. If you’re open to meeting up with other members also attending the event, please include your name and a method for contacting you (e.g., email address) so that may be coordinated. We look forward to seeing you out and about in October!

Homes within Reach

Cinnaire welcomes members – and friends – of Women in Housing and Finance-PA to join us for a cocktail reception at 8 PM on Wednesday, December 6th as part of the Homes Within Reach conference.  WHF-PA members and others interested in the organization are welcome to come celebrate the conclusion of the first day of this important event supporting affordable housing in Pennsylvania.

Look for Cinnaire signage in the Hershey Lodge following the conference’s Welcome Dinner.  Thanks to everyone involved in WHF-PA for all you do!

Come Join Us as WHF-PA Members Share Their Industry Expertise In Various Sessions at the 2023 Homes Within Reach Conference

December 6, 2023
Resetting the Landlord Relationship 12:00 PM-2:00 PM

Landlord engagement was never easy, and coming off the heels of the pandemic, many housing
assistance providers are struggling to find and maintain landlord partners. Join us as we discuss
the current challenges and opportunities in landlord outreach, identify the needs and wants of
landlords through quantitative metrics, and learn how to speak the language of landlords to
revamp your landlord outreach efforts going into 2024.

Matthew Heckles Regional Administrator – HUD Region 3

Gale Schwartz Associate Director, Policy and Programs Housing Alliance of Pennsylvania
Patrick Thomas Corporate Banker First Commonwealth Bank

The Current LIHTC Market December 6, 2023, 12:00 PM-2:00 PMET
Join experts for an insightful session on the evolving LIHTC syndication/investment market,
exploring critical factors reshaping the industry. Timely issues such as rising construction costs,
gaps in funding, high-interest rates, and escalating insurance premiums will be explored.
Further, speakers will discuss money/state credit to fill gaps, increasing diversity in development
processes, and 45L, Solar, and Energy Credits as new gap sources. Keeping a close eye on
developments in Washington, the panel will dive into policy changes that could significantly
impact the market. By addressing these critical topics and more, the audience will walk away
with valuable insights and solutions to navigate the complexities of the LIHTC
syndication/investment market effectively.

Lindsay Soyka | Executive Vice President | R4 Capital
Chris Paul | President and Principal | Diamond and Associates
Karen Harris | CohnReznick LLP

Possibilities and Pitfalls of Converting Office and Other Structures into Affordable
Housing
December 6, 2023 2:30 PM-3:45 PMET

Office vacancies continue to rise as pre-pandemic leases come up for renewal. Many nonprofits
have excess real estate holdings. Often, these vacant offices and holdings are ideally located
for access to education, transportation, and employment. This is a unique opportunity for
conversion to affordable housing and for mission-driven organizations to partner with developers
and government agencies. Conversion to affordable housing can also prevent
underutilized/empty structures from becoming blighting influences. Audience members of all
levels of experience will benefit from this panel discussion that will focus on successful
real-world examples of developers, nonprofits, and government agencies partnering to create
affordable housing.

Michelle R. Yarbrough Korb | Shareholder | Buchanan Ingersoll & Rooney PC
Derrick Tillman | President & CEO

WHF-PA Wednesday Forum
December 6, 2023 2:30 PM-3:45 PMET

Women in Housing and Finance Pennsylvania (WHF-PA) is bringing its most popular
event to Homes Within Reach! WHF-PA Wednesday is a monthly forum for attendees to
share challenges, needs, and leads and to receive solutions, feedback, and advice from
the group. This session will invite Homes Within Reach attendees into conversation with
one another to learn from the wisdom of the crowd. Attendees will be broken up into
small groups to discuss pre-set questions and questions offered by attendees. A
WHF-PA scribe will join each group to gather insights to be shared with all attendees
after the conference.

Room: Cocoa 3
Moderator: Angela Steele | Director of Development |Stone Sherick Consulting Group
Speakers: Elaine Magil |Senior Vice President, Equity |Cinnaire
Karen Harris |Partner |CohnReznick

Let’s See What the Judge Has to Say: Partnering with the Courts
December 6, 2023 4:15 PM-5:30 PMET

The courts are critical partners in solving the eviction crisis. The courts know when a landlord is
seeking to start an eviction. They know the parties, their contact information, and the nature of
the dispute. All of this information could be part of early outreach, as soon as a lawsuit starts (or
even when someone is asking for papers to start it), to get the people connected with services
and resources. But getting a partnership going is not as easy as it seems. Join us as we discuss
with Judges who are hosting eviction diversion programs what makes their partnerships work,
lessons learned, and tips for approaching local courts to start a new partnership.

Judge Christopher Cerski | Magisterial District Court 38-1-03 | Montgomery County
Gale Schwartz | Associate Director, Policy and Programs |Housing Alliance of Pennsylvania
Judge Tonya Butler | Magisterial District Court 23-3-09 |Berks County
Judge Gregory Hines |Magisterial District Court 15-1-03 | Chester County

The Wonderful World of RAD December 6, 2023, 4:15 PM-5:30 PMET
The Rental Assistance Demonstration (RAD) program has been around for a decade. What
lessons can advocates and owners of public housing learn from its practitioners? Panelists will
discuss the various types of RAD conversions, as well as best practices for maximizing rental
subsidy, joining RAD with Low Income Housing Tax Credits and other sources of capital, as well
as tenant engagement.

Justin Marshall |Project Manager | Diamond and Associates
Mark Oswanski | Vice President |Hampden Park Capital & Consulting
Toki Rehder | Senior Counsel | Business Philadelphia Housing Authority

December 7, 2023 Sessions
Demystifying Occupied Renovation Projects December 7, 2023, 10:00 AM-11:15 AMET

One important aspect of addressing the current affordable housing crisis is the preservation of
existing affordable housing stock. Funding programs are available through PHARE funding and
LIHTC to assist property managers in the long-term maintenance of their current properties.
However, the logistics and planning of an occupied renovation project can be convoluted. This
workshop will include perspectives from owners, contractors, and architects to share lessons
learned from past preservation projects, discussing all phases from the initial capital needs
assessment to relocation planning and turning the units back over to the residents.

Jacquie J Sims |President and Executive Director | The Maple Corporation
Dana Rice | Associate | CICADA Architecture/Planning, Inc.
Karla Wursthorn | Vice President, Development & Estimating | Ward Company Builders
Harry Tapia |Director of Operations | HACE CDC

Transforming Communities: Exploring the Advantages of Simultaneous ‘Triplet’ Deals
December 7, 2023 1:45 PM-3:00 PMET

No description available
Ryan Bailey |Senior Developer |Pennrose, LLC
Jaquelin Camp |Senior Associate WRT |LLC
Lindsey Samsi |Senior Developer |Pennrose, LLC.
Jacqueline Sop |Director of Operations |Delaware County Housing Aut

Powering Democracy: Nonprofits Leading the Way in Voter Engagement and Inclusion
December 7, 2023 3:30 PM-4:45 PMET

Nonprofit organizations play a pivotal role in driving voter engagement and education. Discover
why nonprofits, often trusted by the people they serve, can help navigate government mistrust
and foster civic participation. Gain valuable insights from organizations as to why nonprofits
should champion nonpartisan voter empowerment, address barriers experienced by
marginalized populations, and acquire practical strategies for seamlessly integrating voting
initiatives into the various points of service delivery. Together, let’s harness the power of
nonprofits to build an inclusive democracy where every voice is heard and every vote counts.

Jennifer Thomas |Community Engagement Manager |Housing Alliance of Pennsylvania
Jennifer Santiago |Resident Services Manager |Housing Development Corporation MidAtlantic
Lynn Wackenuth | HOPE in Life Program/Property Manager | S. Greengate Commons
Westmoreland County Housing Authority
Enid Santiago | Board President | SELF
Marty Dombrowski | Assistant Director | Center for Independent Living South Central
Pennsylvania

Preservation Strategies: Approaches to Tracking, Acquisition, and Rehabilitation of our
Existing Aff December 7, 2023 3:30 PM-4:45 PMET

An unfortunate circumstance of the affordable housing industry is that at times we lose an
important affordable housing community due to a variety of reasons. As a nation, and as a
Commonwealth, we face losing critical affordable units unless there is a strong and multifaceted
focus on preservation. Topics include how some groups are tracking existing affordable housing
in Pittsburgh and the tools/next steps underway to preserve these assets, unique
predevelopment process and underwriting considerations, and how one group approaches
acquisition to enable future repositioning of affordable assets.

Cindy Picone | Vice President and Principal | Diamond and Associates, Inc.
Graciela Watrous | Acquisitions Associate | Contour Housing Partners
Margot Elton-Ratliff | Director of Development Operations | Pennrose, LLC
Matt Madia | Director of Real Estate Services | Neighborhood Allie

HDC MidAtlantic is Hiring! – Controller

The ideal candidate:

  • Has hustle, heart, and is committed to housing justice
  • Is a leader of people and projects
  • Values the importance of racial equity, diversity, and inclusion
  • Is open to continuous learning
  • Has 7+ years of progressive experience in Finance/Accounting with a Bachelor’s Degree

Check out the posting here! https://workforcenow.adp.com/mascsr/default/mdf/recruitment/recruitment.html?cid=33f858b8-3c41-480e-a1e6-b328430e1cdd&ccId=19000101_000001&jobId=894880&source=CC2&lang=en_US

FHLBank Pittsburgh is Hiring Senior Community Investment Analyst

Visit job here: https://fhlbpgh.wd5.myworkdayjobs.com/en-US/fhlb-pgh/job/Senior-Community-Investment-Analyst_R265

Position Summary

FHLBank Pittsburgh (FHLBank) is seeking a Senior Community Investment Analyst who will support the Affordable Housing Program and other community-focused products. This position is within the FHLBank’s Community Investment department which manages seven affordable housing and community development grant and loan products; these allocations totaled more than $33 million in 2022. Refer to the Bank’s website for our community product information. This role will lead critical processing, analysis, reporting and customer service for these products.

We are looking for an energetic, dynamic and committed individual seeking to join a team passionate about affordable housing and community development. We work together to create a positive and collaborative work environment to serve our member financial institutions and our communities. This position is a great opportunity for an individual who has experience in affordable housing, community development, the finance industry, and other related work.

FHLBank community investment products include the Affordable Housing Program, First Front Door, Home4Good, Banking On Business, Community Lending Program and Blueprint Communities®.

Primary Success Factors

  • Ensures the accuracy of technical analysis of projects and development proposals to determine feasibility, need for assistance and compliance with the program policies, regulations, and procedures which includes the review of funding requests as well as compliance reviews required by monitoring compliance procedures and regulations.
  • Leads the Community Investment Department (CID) team in tracking and preparing required reports. Ensures data integrity, accurate and timely preparation and submission of monthly reconciliations for CID products and reports to the FHFA, Board, Bank Management and other stakeholders, as necessary.
  • Handles transaction analysis, qualification determinations, commitment and disbursement of funds and related file management.
  • Develops new databases for CID programs; interacts with Information Systems in the development, implementation, modification, and ongoing maintenance of CID information systems; serves as CID representative for Bank projects.
  • Leads Community Investment Department (CID)’s business strategy and policies to ensure regulatory compliance, analyzes internal and external data to recommend policy decisions to management. Works with and presents to Affordable Housing Advisory Council when required. 
  • Participates in meetings of the Affordable Housing Council, Board of Directors and Bank management. Supports the development of the Affordable Housing Program Implementation Plan.
  • Participates in the development and implementation of new products and special assignments related to the Bank’s mission and vision.
  • Recommends more effective and efficient program/operation changes; periodically analyzes the CID programs to determine customer and project profiles; recommends program changes to management that will meet customer needs and expand program usage; conducts research to create marketing strategies, products, and mission-related investments.
  • Provides quality customer service by communicating CID’s products and services to members, housing providers and Community Based Organizations within the Bank’s district; communicates ideas and program information to the FHFA, Bank’s Management Team, Board of Directors, and Advisory Council; responds to customer requests and program eligibility questions.
  • Ensures compliance with applicable policies, procedures and regulations to ensure safe and sound business operations.
  • Review and approve Affordable Housing Program (AHP) analysts’ operations, transaction analysis and qualification determinations for the AHP which includes all levels of required monitoring and funding disbursement of AHP to ensure compliance with all policies, procedures and regulations for both homeownership and rental projects.
  • Manage Blueprint Communities contracts by ensuring timely and accurate execution of the BC initiative, including annual budgeting, request for proposal development, selecting, negotiating with and monitoring contractors, planning and execution of new cohorts launches, coordination with partners to provide training and post training activities and managing the long-term community reporting, tracking and outcomes monitoring, disbursements and close out of successful contracts.
  • Participates in the development of the annual Community Lending Plan and AHP Implementation Plan, which require Board approval, strategic plan updates, and periodic updates to the Bank’s Housing Needs Assessment

 

Required Experience

  • Bachelor’s degree in Finance, Business, Economics or related major; housing development training certificate from NDC or equivalent organization is preferred
  • Five or more years’ experience in banking, housing or economic development with at least three years in affordable housing
  • Excellent analytical, communication, and administrative skills
  • Ability to underwrite complex real estate transactions
  • Experience with Microsoft Office, including Word, Excel, Access and PowerPoint; ability to create and modify databases and complex spreadsheets 

Candidates with three or more years of experience will be considered for an alternative role.

It is the policy of the Federal Home Loan Bank of Pittsburgh to ensure equal employment opportunity (EEO) for all employees and applicants for employment without regard to race, religion, color, sex, national origin, age, disability status, genetic information, veteran’s status, ancestry, sexual orientation or status as a parent as defined by applicable law. It is the Bank’s policy to comply with applicable laws concerning the employment of persons with disabilities, including reasonable accommodation for applicants and employees with disabilities

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