Outreach seminar sponsored by BB&T
For more information contact Communication Manager George Gannon at 304.391.8643
One of West Virginia’s most pressing needs is the development of safe, affordable housing. Often, progression on this front means working with stakeholders from a number of different sectors, including non-profits, banks, lenders, government agencies and community development organizations.
To better understand this process and determine best practices, the West Virginia Housing Development Fund recently hosted a multi-day training session conducted by the National Development Council. The training was generously sponsored by BB&T.
“This training gives our staff and housing partners a better understanding of how we leverage resources from a number of different areas and how we can better coordinate our efforts with others from across the housing industry,” said Erica Boggess, the Fund’s Acting Executive Director. “BB&T truly stepped up and made this course possible.”
The NDC Housing Development Finance Professional Certification Program is a four-course training program that explores the development process, financial analysis techniques and structuring and negotiating skills needed to successfully develop and finance affordable home ownership and rental housing development.
Skills are taught within the context of case studies based on actual affordable housing development deals. Topics covered in the HDFP Certification Program were:
- Understanding the housing development process
- Financial analysis techniques
- Deal Structuring – putting together the financing and other components of a project
- Negotiating – the skills needed to bring the components together
In addition to a number of Fund staffers, a number of housing leaders from across the region attended the training.
“We can help the most people by bringing everyone to the table and embracing ideas from a number of different places,” Boggess said. “This training gives us and our partners some time-tested methods proven to work and, most importantly, increase the state’s supply of affordable housing.”
The Fund would like to congratulate those who successfully attained the certification: Alice Carver, Beth Blankenship, Steve Fisher, Teresa Sarver, Megan Howard, Cathy Colby, Misty Sheck, Donna Martino, Darlene King and Marlena Mullins (West Virginia Affordable Housing Trust).
(Back row, left to right: Steve Fisher, Marlena Mullins, Darlene King, Zack Elliot, Chris Bontoft & Cathy Colby
Middle row, left to right: Marlo Long, Donna Martino, Misty Sheck, Niki Rowe-Fortner, Landen Burcham & Beth Blankenship
Front row, left to right: Megan Howard, Debra Payne, Teresa Sarver & Alice Carver)
Top right – Marlo Long and David Trevisani