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NAHMA Educational Foundation Announces the 2013 Scholarship Application is NOW available online

The National Affordable Housing Management Association (NAHMA) Educational Foundation invites eligible residents living at a NAHMA or AHMA member property to apply for an educational scholarship grant.

The NAHMA Educational Foundation invites residents who are pursuing some type of higher education in college, university, community college, trade/professional school or institute. All high school seniors, high school graduates, and adults holding a high school diploma or GED living at a NAHMA or Affordable Housing Management Association (AHMA) member property may apply for scholarship grants for higher education to be awarded in summer 2013.

The scholarship application is available on the NAHMA website. Please click on the link below for more details, and to access the application. This application must be completed online by 10:00 pm (EST) May 24, 2013.
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Tax Issues and Tax Reform

"Fiscal Cliff Law Benefits Affordable Housing"
"Fiscal Cliff Avoided, Several Slopes Remain"

State and Local Activities

"Tax Exemptions for Low-Income Housing Supported in North Dakota"

HUD-Related Activity

"Policy Makers Leave HUD's Housing Programs at Risk Locally and Across the Nation"

Green Building

"Energy Benchmarking Helps Quantify the ROI of Green"

Management and Compliance

"Resident Satisfaction Means Resident Retention: Creating Value Daily for Residents"

Industry Trends

"Capital Markets Outlook 2013"
"Multifamily a Trillion Dollar Business"
"NCHMA Updates Market Study Guidelines"
"Multifamily Housing Growth Poised to Continue in 2013"

Association News

Industry Groups Express Concern About Housing & Transportation Index
Industry Groups Comment on FY 2013 FMRs Notice
NAHMA 2013 Winter Meeting Registration is Open
NAHMA Announces 2013 Affordable Housing Vanguard Award Program Details and Deadline
NAHMA and NAA to Collocate National Education Conferences in June 2013

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Tax Issues and Tax Reform

Fiscal Cliff Law Benefits Affordable Housing
Commercial Property Executive (02/12/13) Kalinoski, Gail

Fiscal cliff legislation passed by Congress on Jan. 1 will benefit the affordable housing industry by extending two key federal tax credits -- the Low Income Housing Tax Credit (LIHTC) and the New Markets Tax Credit (NMTC). The LIHTC program was introduced in 1986 and is considered the most successful U.S. program for developing and rehabilitating affordable housing nationwide. The fiscal cliff legislation extends the 9 percent fixed-rate floor for properties receiving allocations before Jan. 1, 2014, and retains its status as a fixed rate rather than a variable rate. "It really gives developers more predictability, more stability," says Will Cooper Jr., president & CEO of WNC & Associates Inc. "We definitely would prefer the 9 percent. It takes one underwriting conversation off the table." The LIHTC portion of the bill was important to the multi-family housing industry, but the NMTC extension was also crucial because it is considered a temporary program and had expired. Congress agreed to extend it for two years, which is expected to reduce some industry concerns, Cooper says. The NMTC program, which is administered by the U.S. Department of Treasury, was enacted as part of the Community Renewal Tax Relief Act of 2000 to spur revitalization of low-income and distressed neighborhoods.
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Fiscal Cliff Avoided, Several Slopes Remain
Novogradac Journal of Tax Credits (02/13) Novogradac, Michael

When Congress approved legislation to avoid the fiscal cliff, a number of key tax provisions were extended, but many issues were only postponed, leaving a number of deadlines looming in the immediate future. H.R. 8, the American Taxpayer Relief Act of 2012, included a number of tax provisions in the style of previous "tax extender" bills in that they address temporary extensions of specific tax expenditures. H.R. 8 extends the new markets tax credit (NMTC) for two years, providing a maximum annual amount of qualified equity investments of $3.5 billion each year. It also extends and modifies the 9 percent low-income housing tax credit (LIHTC) floor for allocations made before Jan. 1, 2014. The placed in service requirement is no longer applicable. Meanwhile, rather than increasing the prospects of tax reform by putting in place a process to reform the tax code for individuals and corporations, the year-end fiscal cliff negotiations may have complicated tax reform prospects. First, H.R. 8 did not address or merely delayed many issues, as described above. This means the first quarter of the calendar year will be largely consumed by dealing with those leftover items. In addition, the debate over whether tax reform should be revenue neutral will likely intensify following the tax rate increases included in H.R. 8. It is in this setting of deficit-reduction pressure and ongoing revenue-raising debates that the tax credit community will try and secure extensions of important tax expenditures beyond 2013, such as the 9 percent LIHTC floor, the PTC, and the NMTC.
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State and Local Activities

Tax Exemptions for Low-Income Housing Supported in North Dakota
Bismarck Tribune (ND) (02/20/13) Smith, Nick

The North Dakota Senate Finance and Taxation Committee on Feb. 19 heard testimony in favor of a bill that would provide tax exemptions for low-income housing and for property owned by charitable organizations. "We have a tremendous need for low income housing in the state," Sen. Dwight Cook (R-Mandan) said. "It deals with low income housing units that are financed with tax credits." Cook told the committee that SB2338 would clean up existing law passed in 2011. In the previous session the Legislature passed SB2049. The 2011 bill implemented property taxes to nonprofit organizations that own and operate federal low-income housing income tax credit properties. Cook said in some of these projects for-profit organizations have an interest in the property. He said the for-profit groups usually maintain their interest in the property until the tax credit expires. "The question is … how do we clean this up?," Cook said. SB2338 would replace the property taxes to low-income housing projects to nonprofits once they've assumed full ownership of the property. A payment of 5 percent of the total annual rents collected during the previous year would be required, minus the utility costs paid by the property owner. Jolene Kline, director of planning and housing development for the North Dakota Housing Finance Agency, testified in favor of SB2338, stating that nonprofit groups providing low-income housing through state and federal programs are limited by how much they can charge tenants. Applying property taxes to low-income housing operated by nonprofits could create hardships on the tenants as well as the operators. "The long term viability of that project may be in jeopardy," Kline said, adding that his agency believes SB2338 addresses the interests of all parties involved adequately.
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HUD-Related Activity

Policy Makers Leave HUD's Housing Programs at Risk Locally and Across the Nation
Indybay (01/24/2013) Carson, Lynda

Large spending cuts to the nation's federal housing programs scheduled to take effect on March 1, 2013, could result in rent increases for thousands of low-income renters nationwide as well as the loss of 250,000 housing vouchers. Housing programs that could face cuts include programs of the Department of Housing and Urban Development (HUD), including $1.53 billion in spending cuts from HUD’s Section 8 tenant-based rental assistance (Housing Choice Voucher Program), $772 million in Section 8 project-based rental assistance, $325 million from the public housing operating fund, and $74 million from the USDA's Rural Housing program. On Jan. 23, the Washington Post reported that both Republican and Democratic lawyers anticipated major across-the-board spending cuts to the nation's domestic programs and that "sequestration" would go into effect on March 1, as scheduled, at least temporarily. Approximately $110 billion in automatic spending cuts are scheduled to go into effect on March 1, with additional spending cuts of roughly $110 billion per year scheduled to go into effect during the next 10 years. HUD estimates that nearly 1 million people could lose their federal housing assistance and be at risk of homelessness.
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Green Building

Energy Benchmarking Helps Quantify the ROI of Green
Apartment Finance Today (02/13) Mearns, Derek

Seattle has energy data for 2011 on 87 percent of its commercial and multifamily buildings that are 50,000 square feet or greater. Owners are now reporting the data under the city's new Energy Benchmarking and Reporting Ordinance. Energy benchmarking will aid Seattle in its effort to provide metrics that will help justify spending on green rehabilitation and new development, and this could lead to more favorable underwriting from financiers investing in such deals. The initiative will help the city and multifamily owners in the long run, according to Jill Simmons, director of Seattle's Office of Sustainability and Environment. "Reporting the information to the city will help us improve and create programs to help owners upgrade their facilities to save energy and money," says Simmons. Similar ordinances are on the books in major cities such as Washington, D.C., New York, Philadelphia, San Francisco and Austin.
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Management and Compliance

Resident Satisfaction Means Resident Retention: Creating Value Daily for Residents
Property Management Insider (02/08/13) Piccotti, Jen

The New SatisFacts Index ranks "Rent-To-Value" as the No. 2 reason why residents are not likely to renew their lease, second only to "Rent Increase." Renters tend to determine value by examining such things as what products and services are being delivered, what they are getting for that price, and how easy is it to enjoy those products and services. Residents value such things as service requests completed within 24 or 48 hours, calls and emails that are returned the same day, online rent payments, online service request systems, strong cell phone reception, reliable Internet and cable service, and Wi-Fi in common areas. Resident satisfaction translates into greater resident retention. Property managers should address such things as what makes life better, less stressful, and more convenient in their community compared to nearby ones. Those things should be listed and discussed with residents. When value is demonstrated on a daily basis, it will encourage residents to continue signing the lease renewal. This is especially important as rental rates rise, whereas about two years ago the rent stayed the same or even decreased.
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Industry Trends

Capital Markets Outlook 2013
Affordable Housing Finance (02/13) Berton, Brad

Financial professionals believe 2013 will be about as good as it will get, so jump in while it lasts. The Fed is committed to prevailing monetary policies, which means the low-rate environment will continue for some time. And conventional apartment lenders should continue to quote tight spreads as a result of the budding re-emergence of Wall Street conduits. "Any concern we may have about higher rates or wider spreads would be beyond 2013," says Matthew Rocco, national production manager for Grandbridge Real Estate Capital in Charlotte, N.C. "So we may see one of the best years ever in terms of debt cost and availability." Conduits, the government-sponsored enterprises, growth-minded life companies and recovering commercial banks could quote tight spreads over current artificially low index benchmarks, resulting in free-flowing debt in the permanent, bridge and construction finance spaces. The borrower bonanza should continue with permanent, bridge and construction quotes typically coming in below 4 percent, with floating-rate debt starting sub-3. Other trends include greater competition among conduit lenders; banks becoming more aggressive on bridge and permanent executions; more life companies prioritizing development deals; increasing availability of mezz; and return expectations on equity near historic lows.
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Multifamily a Trillion Dollar Business
Multifamily Executive (02/13) Popovec, Jennifer

According to a report from the National Multi Housing Council and the National Apartment Association, the apartment housing market added $1.1 trillion to the U.S. economy in 2011 supporting more than 25 million jobs. Stephen S. Fuller, an academic researcher at George Mason University's Center for Regional Analysis who conducted the study, says, "People underestimate the economic impact that flows from apartment buildings. ... Renters spend more of their income locally than homeowners. These renter households generate a lot of jobs that ordinarily wouldn’t be associated with the apartment industry. ... This research supports the idea that multifamily is critically important to the economy. People who consider multifamily to be second class … to be undesirable in their communities … they have no sense that it is a major economic force."
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NCHMA Updates Market Study Guidelines
Affordable Housing Finance (02/13)

The introduction of general and product-specific requirements is a noticeable change to the latest version of the National Council of Housing Market Analysts' recommended guidelines for rental housing market analysis. Net demand for overall rental housing based on Federal Housing Administration requirements is a big addition to the affordability/demand/penetration rate section of the 'Model Content Standards for Rental Housing Market Studies and Market Study Index.' The NCHMA expanded the description of affordability and penetration, rewrote the demographics section, and added a specific reference/requirement to include most recent Census data. The Model Content Standards are the only national standards for market studies prepared by analysts on proposed new construction and substantial rehabilitation of multifamily housing developments.
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Multifamily Housing Growth Poised to Continue in 2013
U.S. News & World Report (02/13/13) Dietz, Robert

Residential building is once again contributing to the nation's economic growth, and a major factor behind that growth has been the expansion of multifamily construction, such as apartment communities and for-sale condominiums. Homeownership remains down, especially among younger households. Additionally, the overall number of households -- homeowners and renters combined -- is lower than it should be considering U.S. population growth. With a boom in household formation expected in the years to come, most households are expected to start out as renters as economic and labor market conditions improve. The result for the building industry has been an increase in the demand for rental units, which in turn has reduced rental vacancy rates and propelled new multifamily construction. However, there are some potential "wild cards" in the multifamily housing forecast. The future of the Low-Income Housing Tax Credit, for instance, could be affected by tax reform on Capitol Hill.
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Association News

Industry Groups Express Concern About Housing & Transportation Index

Collective concern about the methodological underpinnings of HUD’s Location Affordability Index (LAI), formerly the Housing and Transportation Index, led industry organizations including NAHMA to submit a joint request to delay the posting of the LAI on HUD’s website.

The LAI aims to measure the true affordability of housing choice by factoring in both housing and transportation costs in a neighborhood. But in a recent letter to HUD, the industry groups asked for a thorough review of the LAI by additional stakeholder groups in light of problems with the model. “There are continuing issues with the methodology that have not been resolved, and we do not believe this will happen quickly,” the group said in urging the delay in deployment.

An LAI development process lacking openness and transparency particularly troubled the group, which pointed out that “the pool of stakeholders and commenters who have been given access to the actual development of the Index and its applications has been very small. “

“HUD’s explanations of how the regional scale LAI Index and individual cost calculator relate and justifiably can be used remain fundamentally unclear, which is of particular concern with regard to any potential policy applications,” said the group. “Until the LAI model and calculator are fully developed and explained, and their possible policy uses are carefully considered and publicly vetted, it is premature to consider using them or citing them.”

The Local Affordability Portal and LAI tools can be found via the link below.
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Industry Groups Comment on FY 2013 FMRs Notice

NAHMA joined with eight other leading national organizations recently to respond to HUD’s proposed Fair Market Rents (FMRs) for the Housing Choice Voucher (HCV) program for fiscal 2013, zeroing in on four key areas -- the new trend factor, the new recent mover factor, areas with large decline, and Small Area Fair Market Rents (SAMFRs).

National adjustments affecting the HCV program quickly ripple to local operations and communities. "We strongly support the Housing Choice Voucher program, which provides rental assistance to over 2 million very-low income households who live in privately owned housing," said the industry response, which was led by the National Association of Homebuilders and was signed also by NAHMA, the Council for Affordable Rural Housing, Institute of Real Estate Management, LeadingAge, National Apartment Association, National Leased Housing Association, National Housing and Rehabilitation Association, and National Multi Housing Council.

Together, the national organizations represent thousands of firms involved in the multifamily rental housing industry. They build, operate, and manage a substantial portfolio of affordable rental properties, and several are also affiliated with local associations that work directly with HUD field offices and PHAs.

The group’s response refers to the “Proposed Fair Market Rents for the Housing Choice Voucher Program and Moderate Rehabilitation Single Room Occupancy Program Fiscal Year 2012 Notice,” Office of General Counsel Docket No. FR-5648-N-01.

New Trend Factor

When HUD requested comments in March 2011 on the trend factor and how it applies to FMRs, industry groups were concerned about any formula that would cause year-to-year volatility in FMRs – and particularly any methodology that would render a large shift in FMRs in the first year.

The industry groups recommended a single, national trend factor based on a rolling five years of national median gross rent data from the annual American Communities Survey (ACS) rather than the 10-year Census data.

HUD’s choice to introduce a new trend factor to bring FY 2013 FMRs current to the year to which they will apply will minimize unpredictability at the outset as well as year-to-year -- important considerations for PHAs, affordable housing property owners, and tenants.

New Recent Mover Factor

HUD has made a number of changes to the adjustment it applies to the standard quality base rents derived from the five-year ACS estimates to compensate for the fact that these estimates are not based on recent movers. This applies to the fiscal 2013 FMRs. Three changes are particularly significant:

• A change in the name of the adjustment from "Recent Mover Bonus Factor" to “Recent Mover Adjustment Factor,” as recommended by NAHMA and its industry colleagues in March 2011;

• The establishment of a lower boundary of 1.0 for the recent mover factor so that it is never allowed to lower the standard quality base rent, another change which will help minimize year-to-year volatility in FMRs; and

• The treatment of the recent mover factor in cases where a statistical test indicates no significant difference between the recent mover and standard quality base rents in a particular FMR area. HUD handled this by setting the recent mover factor to 1.0 in these cases for the fiscal 2012 FMRs. For fiscal 2013 FMRs, HUD has devised a new procedure to compute a recent mover factor that will meet its statistical reliability criterion. This involves examining successively larger geographic areas to come up with a reliable factor.

The industry groups expressed support to HUD for these enhancements, saying that "this constitutes a clever use of the available data and a significant improvement to the methodology that more closely approximates the ideal of a rent estimate based on recent movers."

Areas With Large Declines

While applauding HUD’s overall methodology improvements, the industry groups pointed out that the impact of any methodology for FMRs will produce significant declines in some areas "in the absence of a hard floor." For example, the proposed fiscal 2013 two-bedroom FMRs would decline by 12.4 percent in Waterbury, Connecticut. In the Washington-Arlington-Alexandria, DC-VA-MD area, FMRs would drop by 6.2 percent, and in the Vallejo-Fairfield, California, Metropolitan Statistical Area (MSA), the decline would be 5.1 percent.

The industry response to HUD argues that a reduction of this magnitude – greater than 5 percent – carries with it adverse consequences. In fact, a reduction of this level in a published FMR, for example, triggers a rent reasonableness analysis from the PHA, as outlined in the Housing Choice Voucher Guidebook directive 7420.10G.

If the analysis finds that the rent charged is no longer reasonable, the owner will be required to reduce the rent. The owner may then determine that the reduction adversely affects the property’s financial stability, and may choose to leave the program, which will require the tenant to move – an undesirable cascading effect that negatively impacts residents.

From an income perspective, a large reduction in FMRs may impel owners to defer maintenance items because cash flows no longer cover operating expenses. Again, this impact falls on the bricks-and-mortar as well as the tenants.

The industry groups prioritized more desirable approaches to dealing with declines in FMRs. Top to bottom, these approaches are:

• HUD sets a hard floor that limits decreases in FMRs from one year to the next to no more than 5 percent;

• HUD sets aside funds and sponsors its own surveys in cases where preliminary calculations show FMRs declining by more than 5 percent; and

• HUD maintains a public comment period so that stakeholders can contest proposed FMRs.

HUD, in its March 2011 request for comments on the trend factor, raised the possibility of a legislative change to eliminate the statutory requirement for publishing proposed FMRs with a reasonable period for public comment. NAHMA and its colleagues strongly opposed the action.

The requirement for public comment remains intact and the idea of eliminating it appears to have been dropped. While the top favored measures would be capping FMR declines at 5 percent or HUD sponsorship of surveys in these cases, the industry groups believe that stakeholders will step up to contest individual FMRs when necessary.

Small Area Fair Market Rents

The industry continues to have concerns about the use of SAFMRs “for the voucher program, or any other housing program purpose.”

The group’s letter says pointedly, “SAFMRs are based on zip codes, but zip codes were created to facilitate the delivery of mail, not delineate housing markets."

HUD's FY 2013 FMRs are available via the link below.
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NAHMA 2013 Winter Meeting Registration is Open

Registration is open for NAHMA’s annual Legislative Issues Forum, scheduled for March 24-26 at the Fairmont Washington, 2401 M St NW, Washington, DC.

NAHMA’s Communities of Quality Awards Luncheon featuring keynote presenter Marie Head, HUD Deputy Assistant Secretary for Multifamily Housing, is scheduled for Monday, March 25, at 12:00–1:30 pm. In addition, the annual NAHMA Industry Awards ceremony will be held on Monday, March 25, at 6:30-7:45 pm, and the NAHMA Educational Foundation Poster Auction and Reception (rescheduled from the cancelled Fall meeting) will be held on Sunday, March 24, at 6:00-7:45 pm.

For agenda, registration and hotel information, click on the link below.
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NAHMA Announces 2013 Affordable Housing Vanguard Award Program Details and Deadline

The deadline for submissions for the NAHMA 2013 Affordable Housing Vanguard Award will be April 1, 2013.

The Vanguard Award celebrates success in the multifamily affordable housing industry by recognizing and benchmarking new, quality multifamily affordable housing development and major rehab. The award –
* Pays tribute to developers of high-quality affordable housing;
* Demonstrates that exceptional new affordable housing is available across the country, and that it is a positive addition to any neighborhood;
* Demonstrates that the affordable multifamily industry must be creative and innovative to create exceptional properties given the financing and other challenges to development;
* Highlights results of private-public partnerships required to develop today’s affordable housing;
* Shares ideas for unique design and financing mechanisms with industry practitioners to further stimulate creative development in the affordable multifamily industry.

The Vanguard Award complements NAHMA’s Communities of Quality (COQ) National Recognition Program (, through which multifamily properties are certified as having achieved a high standard of excellence in the way they are managed, the services they provide residents, the experience and training of personnel, and other criteria. However, newly developed properties are too new to meet criteria of NAHMA’s COQ National Recognition Program (particularly in the inspection and financial audit categories), hence the creation of the Vanguard Award to recognize these properties. As the properties mature, they will become eligible – and will be encouraged – to enter NAHMA’s COQ National Recognition Program.

Vanguard Award Categories:
A. New Construction (two subcategories: over 100 units and under 100 units)
B. Major Rehabilitation of an Existing Rental Housing Community
C. Major Rehabilitation of a Non-Housing Structure into Affordable Rental Housing
D. Major Rehabilitation of a Historic Structure into Affordable Rental Housing
(Please note: A management company may submit only one entry for each category.)

Who May Apply:
Affordable multifamily housing communities that are less than three years old (as of April 1, 2013) may apply (based on date of completion of new construction or completion of major rehab). Please note: A management company may submit only one entry for each category. Affordable is defined as a property participating in a government funded, insured or otherwise sponsored program that results in rents that are below market-rate housing.

Where and When to Apply:
Applications should be submitted to the National Affordable Housing Management Association by April 1, 2013. Please email your PDF application to NAHMA at, or mail a CD containing your PDF application to NAHMA Vanguard Award, 400 N. Columbus St., Suite 203, Alexandria, VA 22314.

Entry Fees:
The entry fee is $150 per property for members of NAHMA or an AHMA, and $325 per property for non-members. Please reference the name of the applicant property when submitting payment, via either credit card at the NAHMA Webstore at, or via check payable to NAHMA and mailed with a completed application to NAHMA Vanguard Award, 400 N. Columbus St., Suite 203, Alexandria, VA 22314.

The Judging Process:
NAHMA will convene a distinguished panel of multifamily affordable housing practitioners in early April 2013 to conduct the judging process.

The Awards Ceremony:
Winners of the Affordable Housing Vanguard Awards will be recognized at an awards ceremony at the NAHMA Summer Meeting in June 2013 in San Diego.

Beyond the Recognition – Other Benefits of Participation:
- A congratulations letter and certificate
- A draft press release for use with local media
- A draft letter for sending to Congressional representatives
- A free subscription to NAHMA News ($100 value)
- A crystal award
- Inclusion in a press release distributed by NAHMA to national media and trade press
- Inclusion in a detailed article on award winners in NAHMA News and on the NAHMA website

How to Apply:
Applications must be submitted in PDF format. For full details on how to apply, click on the link below.
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NAHMA and NAA to Collocate National Education Conferences in June 2013

Registration and Housing Information Now Available!!!

The National Affordable Housing Management Association (NAHMA) will again hold its annual summer meeting in conjunction with the National Apartment Association (NAA) Education Conference & Exposition on June 19-22, 2012 in sunny San Diego, CA. The 2013 NAA Education Conference & Exposition is the largest event in the multifamily housing industry and includes world-class educators and a star-studded lineup of speakers.

Through this partnership, both conferences will address the critical needs of affordable housing communities and the apartment industry as a whole. Discounts will be available to attendees who register for both conferences. These discounts will provide a cost neutral solution to your training and development needs.

NAA headline speakers include founder of The Virgin Group, Sir Richard Branson as the Thursday Keynote speaker and graffiti artist, author and entrepreneur Erik Wahl as the Friday General Session speaker and Bert Jacobs, Co-founder & Chief Executive Optimist of Life is good® as a speaker for the Special Saturday session.

At the NAHMA Public Policy Issues Forum, to be held as a full-day meeting on Wednesday, June 19, discussions will focus on public policy related to federal legislative and regulatory initiatives that impact all of the affordable housing programs, from HUD programs (project-based Section, Section 8 tenant vouchers, Section 202 senior housing, and Section 811 special needs housing); to the Low Income Housing Tax Credit program; to Rural Housing Service programs (Sections 515, 538 and the revitalization program). In addition to its full day of meetings on June 19, NAHMA will be providing affordable housing-specific sessions as part of the NAA conference – for details, see below.

MORE DETAILS COMING SOON on two exciting events that will be held in conjunction with the NAHMA meeting: (separate registrations for both events apply):

The free NAHMA-hosted party will be held, Wed. evening, June 19 at Fluxx.

The NAHMA Educational Foundation will be hosting a fundraising event on Tues. evening, June 18.

NAHMA members who register for the NAA conference may use the NAHMA member discount code provided below for a $200 discount off the NAA full conference registration rate based on the rate at the time registration is made.

How to Register:

Meeting Registrations for the NAHMA and NAA events are separate - please register separately for each of the events you would like to attend:
1) Registration for the NAHMA Public Policy Issues Forum on Wed. June 19, will be available online at the NAHMA meeting webpage by early April 2013; click on the link below. A preliminary agenda for the NAHMA Policy Forum is posted at this webpage.
2) Registration for the NAA Conference June 19-22 2013, is now open. Click on and use promo code NAHMA13 for the NAHMA member discount ($200 off NAA full conference registration rate based on the rate at the time registration is made)
(NAA registration rates increase on Feb. 1, April 19 and again after June 6, 2013)

For Hotel Reservations:
If you are attending both the NAHMA and NAA meetings, you can make reservations one of two ways:
1) follow the prompts for reserving your hotel accommodations after you register online for the NAA conference; or
2) use the NAHMA print hotel reservation form linked at the NAHMA meeting webpage, linked below
If you are attending only the NAHMA meeting, please click on the link below and download and print the hotel reservation form, and return as noted on the form's instructions
(Hotel reservation deadline for either online or via NAHMA form is May 29, 2013, or earlier if room blocks fill up.)

NAHMA Sessions to be Held During the NAA Conference:

Session 1, Thurs. morning, 9 am – 10:30 am, June 20, 2013: NAHMA Presents Connecting the Trends: Impacts of the New Fiscal Reality on Affordable Housing
Industry experts will analyze driving trends in the economics of providing affordable multifamily housing, and will help attendees understand and prepare for this new reality. Key discussion areas will include:
a) Federal budget cuts will be on the horizon for a while, and will impact all programs;
b) As a result of reduced Federal spending, there will be changes in State and local government approaches to affordable housing;
c) To survive, property management companies will need to find operational changes and solutions to save money; and,
d) There will be changes in preservation and production strategies as a result of across-the-board reduced resources.

Session 2, Thurs. morning, 10:45 am – 12:15 pm, June 20, 2013: NAHMA Presents Innovative Technology and Green Solutions in Affordable Housing
Industry experts will present and analyze innovative technology and green solutions for improved operations and cost-savings in affordable multifamily housing. Attendees will learn tried-and-true approaches to maximize innovative, cost-effective and efficient solutions. Key discussion areas will include:
a) The Top 10 easiest, cheapest and most effective technology solutions for affordable multifamily housing;
b) The Top 10 easiest, cheapest and most effective green solutions for affordable multifamily housing;
c) Cutting-edge technology and green solutions – is it hype or real savings for some of these trendy solutions?
d) Tracking and measuring your ROI.

Session 3, Friday morning, 9:45 am – 11:15 am, June 21, 2013: NAHMA Presents Inspiring New Directions in Providing Niche Affordable Housing
Industry experts will present and analyze new trends in affordable housing, specifically finding niche programs and serving vulnerable populations. Attendees will learn about new funding and programs for specialized programs and populations. Key discussion areas will include:
a) Veterans – an overview of programs and key factors in serving returning and homeless veterans;
b) Vulnerable populations – a look at programs focusing on transitional age use (persons aging out of foster programs) and supportive housing for homeless and special needs residents;
c) Senior housing – a discussion of emerging trends and programs, factors to consider for frail elderly, aging baby boomers, and other senior housing issues; and
d) Workforce housing – a look at the housing and transportation affordability index, mixed-income housing, and other key current issues.

Session 4, Friday afternoon, 2:15 pm – 3:45 pm, June 21, 2013: NAHMA Presents Connecting the Trends: Case Studies in Innovations in Affordable Housing
Industry experts will present case studies showcasing the key concepts from NAHMA’s earlier sessions during the conference, including new trends resulting from today’s fiscal realities, innovative technology and green solutions, and inspiring new directions in providing niche affordable housing. Attendees will learn real and practical applications of all of the latest emerging trends impacting affordable multifamily housing.
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February 2013