Atlanta Multifamily Hub Newsletter

May 2010 , , and Volume 1, Edition 2

The Atlanta Multi- From the Desk of the Director family Hub Newslet- cellent concepts that can be He has been involved in mul- ter is published and used in a team environment tifamily development and distributed quarterly. or as a reference for current management over the years, The newsletter is or potential supervisors and so he will be no stranger to another vehicle for managers. Be sure that you what we do. Look for him to record the time as training show a true interest in Multi- us to get the word since we are greatly encour- family and our mission. I am out to our industry aged to take training and sure that much biographical partners and share document each session. information will be distributed information about There is a great desire on the soon. the Atlanta Multi- part of our leadership to Continue your efforts toward family Hub. maximize the training oppor- meeting all of our traditional Robert W. Reavis tunities of the Housing staff. goals. We have always been Assistant Secretary for Hous- Ed Jennings was designated a Hub which accomplishes ing/FHA Commissioner David by Secretary Donovan as the what is asked, so let’s keep Stevens recently presented a new Regional Director. He is that tradition. I look forward training session entitled from Gainesville, . I to coming out to each office ―Housing Training – Develop- know that all Georgia, Ten- and meeting with you. ing Leaders‖ via webcast. If nessee, Vanderbilt and Ken- you were unable to view it at tucky fans know where ~ Bob Inside this issue: the time of the live broadcast, Gainesville is. Yes, he is a I recommend that you view it Florida graduate and a Gator Director’s Desk 1 as an archived webcast on fan. I met him and he is im- HUD at Work. It is 51 min- pressive and committed. Housing Notice 1 utes long but gives some ex- 10-08 Housing Notice 10-08: Implementation of Refinement of Income and Rent Determination Operations Direc- 2 Requirements in Public and Assisted Housing Programs: Implementation of the tor ‘s Corner Enterprise Verification System—Amendments; Final Rule On April 13, 2010 HUD re- tion System — Amendments; less administrative burden in 2nd Quarter Hub 2 leased Housing Notice 10-08 Final Rule, published in the complying with third party Closings which provides instructions to Federal Register on Decem- verification requirements. owners and management ber 29, 2009. The use of the EIV will assist agents (O/As) participating in in preventing fraud, waste Program Center 3 The use of the EIV system by one of Multifamily Housing’s and abuse within Multifamily O/A as an upfront income News rental assistance programs Housing’s rental assistance verification (UIV) technique, listed in Section III of the No- programs. Employee Spot- 4-5 will serve as a valuable tool in tice, on the new requirements validating tenant reported For additional information light found in the Refinement of income during interim and about the notice, go to http:// Income and Rent Determina- Hub Directory 6 annual re-certifications of portal.hud.gov/portal/page/ tion Requirements in Public family income; as well as portal/HUD/program_offices/ and Assisted Housing Pro- streamlining the income veri- administration/hudclips/ grams: Implementation of the fication process, resulting in notices/hsg/files/10- Enterprise Income Verifica- 08hsgn.pdf Atlanta Multifamily Hub Newsletter Page 2

Operations Director’s Corner Training, training, training. views are to be conducted. always been a Hub that accom- Training is my life, it seems This is an opportunity for dia- plishes what is asked and that sometimes! Human Capital logue between supervisors and is due to your professionalism Development has long been employees regarding job per- and willingness to work hard on considered a priority – it is now formance to date. As a general a daily basis. a reality. Managers and su- rule we each do a self- pervisors are expected to men- assessment by sitting down We have had little opportunity tor staff via 20 to 30 hours of with our supervisor and dis- to hire this year, but have man- training. Succession Planning cussing where we are and what aged to staff two positions: is serious business today and we want to accomplish in the Roberto Valentin has accepted in the future. We expect that remainder of the year. the position of Asset Manage- there will be headquarters- ment Chief (see details on page supported training in the near Although management plan 5) in the San Juan Program future and also we expect to goals have not been officially Center; and Michael Harsma continue our Hub tradition of determined, in most cases, it is has accepted the position of training one of the develop- safe to say that we should Construction Analyst in the Paul Deignan ment disciplines on a three- strive to achieve at least what Nashville Program Center. year rotating basis. we accomplished last year. We Michael is moving from Iowa to are tracking achievements on a Nashville with an expected on Now that we have reached the monthly basis and are in good board date of June 7, 2010, half-way mark in fiscal year shape for the most part. I and will be featured in our next 2010 mid-year progress re- agree with Bob that we have Hub newsletter.

FY-10 2nd Qtr 202/811 Closings The Atlanta Multifamily Hub had the following 202/811 Capital Advance closings during the 2nd Quarter. Georgia — Southwood Village (January) and Haven on Broad (March); Kentucky — Russellville Senior Housing (January) and Forest View Apartments (March); Tennessee (Nashville) — Pleasant Hill. The HUB’s collective goal for FY 2010 is 14 and the current clos- ings stands at 9.

Revision to HUD Form 92264-A, Supplement to Project Analysis

HUD recently issued Notice 73a of the Form HUD insurance applications sub- 10-07 and Mortgagee Letter 92264, ―Multifamily Sum- mitted henceforth including 2010 which provide infor- mary Appraisal Report,‖ for applications in processing. mation on its revision to new construction cases, and In cases where a Firm Com- If there are any Criterion 4 of the Form HUD for existing properties under mitment has been issued, questions regard- 92264-A, Supplement to Section 223(f). For substan- the Commitment must be ing the revision to Project Analysis. tial rehabilitation cases, the amended upon the request the Form HUD ―estimated value of the land of the Mortgagee. Form 92264-A is used to without improvements‖ from 92264-A, please determine the maximum Section H must be used. This revision will cause the contact Joseph insurance mortgage de- Criterion 4 mortgage to fully Sealey, Director of pending on the requirement This change applies to all reflect the value of the land. Technical Support of a particular mortgage multifamily mortgage insur- The form will be revised in at (202) 402- program. Effective the date ance programs that require HUDClips, and revisions will 2559 of the notice, line ―c‖ in Cri- completion of Criterion 4 of be made to processing in- terion 4 of the Form shall be Form HUD-92264-A. This structions to eliminate the changed to read ―Warranted change is effective on the term ―Site not Attributable Price of Land.‖ This corre- publication date of this no- to Dwelling Use.‖ sponds to Section G, line tice for multifamily mortgage

Program Center News and Project Highlights Page 3

Kentucky Closes First Section 223(f) HUD-Insured Loan Louisville, KY — The Louis- comprised of 150 family and interior renovations ville Field Office recently residences situated in a which will ultimately cause closed a Section 223(f) mix of three bedroom gar- each unit to receive ap- Insured loan that also util- den and townhouse style proximately $12, 300 in ized Tax Credit Assistance units. All of the units will upgrades. Interior renova- Program (TCAP) funds as be rented to families with tions for residents include well as Low-Income Hous- qualifying household in- new kitchen cabinets, ap- ing Tax Credit (LIHTC) Eq- comes at below-market pliances, lights, doors, re- uity. The approximately rental rates. modeled bathrooms, and $8.9 million deal with Sum- water heaters. Addition- Thanks to a 223(f) HUD- mit Country Place Apart- ally, three flat units will be insured loan for ments, Ltd. Was funded by modified for the audio/ $6,587,500; TCAP funds Rockport Mortgage Corpo- visually impaired, with an- for $500,000 and LIHTC ration. other eight units to be- Equity for $1,816,218, the come accessible for the Country Place Apartments, property will be able to disabled. located in Hebron, KY is complete needed exterior Country Place Apartments

2010 Kentucky MF Housing Management Conference Louisville — The 35th Hous- vational speakers and two erans’ issues. She is also ing Management Confer- evening events. the founder of the Heather HUD Awards ence will be held at the French Foundation for Vet- The keynote speaker for Galt House Hotel and erans. Best New Project the luncheon is former Best PRAC 202 Suites, May 18-20, 2010. Miss America 2000, In keeping with the theme, Best PRAC 811 Best Risk-Sharing The theme for this year’s Heather French Henry. Ms. the Louisville HUD office Best Neighborhood Networks conference is ―Peace, Love Henry (wife of former Ken- will present the ―grooviest‖ Center of the Year and Affordable Housing‖. tucky Lieutenant Governor awards in several catego- Best Service Coordinator of the Year The conference is packed Stephen Henry) has be- ries. A list of the award Greening of Kentucky with educational sessions, come a national figure/ categories is on the right. relevant information, moti- expert on the issues of vet-

Kentucky Program Center Employee Spotlight — Bonnie Meaney

Project Manager Bonnie Bonnie and Pat, her husband visit and management review. Meaney shines in the role of of 36 years, live in Indiana mentor, confidant, and Bonnie has a wonderful sense with their four ancient cats. teacher for many of the staff of humor and she often brings They grow heirloom tomato in the Louisville Multifamily her unusual talent to office plants in their green house to Program Center. As each new gatherings and functions. sell at the Farmer’s Market employee came aboard, she Who can forget her dizzying and they also raise strawber- stepped up and quietly imitation of Hurricane Bonnie ries, blackberries and seven shared her knowledge and slamming ashore in North flavors of pears. They also experience — taking many of Carolina? love to create and sell their them out for their first site crafts. Bonnie Meaney Atlanta Multifamily Hub Newsletter Page 4

The Haven on Broad Opens April 15, 2010 in Cairo, Georgia

Cairo, Georgia — HUD is proud The apartments are specifi- For more information about HUD’s to announce the opening of cally designed to appeal to Section 202 program, go to http:// the Haven on Broad, a Sec- seniors who are living on a www.hud.gov/offices/hsg/mfh/ tion 202 Supportive Housing fixed income and who desire progdesc/eld202.cfm for the Elderly facility. It is affordable rent and little owned and managed by the housing maintenance. Family Worship Center. The apartment complex con- Construction on the complex sists of 17 one-bedroom one- was completed in October of bath units as well as a Laun- 2009. Many accolades were dry Room. Grounds Mainte- received by HUD for complet- nance, Building Maintenance, ing the project in record time Extermination Services and and exceeding all expecta- mail receptacles are provided tions in workmanship, quality for each resident. The Haven on Broad and appearance. Senior Adult Housing

Georgia Field Office Takes Part In State SAHMA Meeting Atlanta — The Georgia Southeast Afford- regulatory requirements, Department of Community able Housing Management Association as well as an opportunity Affairs. In addition to the (SAHMA) Annual Conference was held to network with their peers. break-out sessions, there April 14-16, 2010 at the Hilton Atlanta were additional classes on Again this year, workshop Airport Hotel. The theme for this year’s Tax Credit Marketing, Fair topics were geared toward conference was ―Empowering You for Housing and Maintenance affordable housing owners, Change!‖ Track. agents and managers and The conference afforded attendees the owners, agents and man- opportunity to participate in an excellent agers that operate a tax training — learn more about HUD’s credit property through the

Atlanta Hub Employee Spotlight — Carol Bullard Carol became a ees, along with maintaining wherever she’s lived. Program Assistant office supplies, mail delivery, Carol enjoys reading good in the Atlanta Multi- conference calls, and provid- books and likes to exchange family Hub Opera- ing service to HUD’s public books with her friends at tions Office in phone customers. She en- HUD who are also serious 2002. Her favorite joys being part of the support readers. While she has lived job is preparing team to Bob Reavis and Paul in many places during her travel plans for her Deignan. husband’s early career, she supervisors and Gardening has always been still enjoys traveling all over fellow staff mem- an important part of her life. the United States. Upon re- bers. She planted her first wild- turning from trips, she brings She is also responsible for distributing gov- flower garden as a child and home more plants to plant in ernment vehicles to her fellow HUD employ- has maintained a garden her garden. Atlanta Multifamily Hub Newsletter Page 5

San Juan Program Center names new Asset Management Chief San Juan, PR — Effective April Commissary Stores System. Before the closure of the 12, 2010 Roberto Valentin is He held various positions and Base again due to the Base the new Chief, Asset Manage- in 1987, his dedication and Realignment and Closure desire for escalating to higher (BRAC) he was designated ment Branch. Roberto began positions helped him obtain Facilities Manager, GS-12— his career with HUD in No- the position of Housing Man- taking charge of the Bache- vember 2003 as a Project ager Assistant GS-07 at the lors and Officers Quarters. In Manager in the Multifamily former Navy Base in Sabana this position he was instru- Asset Management Branch as Seca, Puerto Rico. During his mental in doing major im- a GS-12, thus becoming an tenure, he reached the posi- provements to the lodging integral part of the group of tion of Housing Director, GS- facilities and striving in the dedicated professionals of 11 until the closure of the area of customer service where he was awarded nu- the San Juan HUD Office. Base in 2002. merous commendations. Roberto began his Federal Later that year he was noti- Roberto Valentin Career in May 1979 with the fied of the availability of a Roberto is married, father of Naval Station Roosevelt position in the Housing De- four children, two that reside Roads, Ceiba, Puerto Rico partment, at the Naval Sta- in the United States, and has holding a position as GS-03 tion Roosevelt Roads to lead three grand children, two girls Accounting Clerk with the the Personnel Support and and one boy. Housing Referral Branch.

Multifamily Property Disposition (MFPD) — Carolyn Kraut Carolyn Kraut is a Program Carolyn reviews and makes Carolyn is a valued HUD Assistant on the Sales Team suggestion to written work employee , detail-oriented, in the Atlanta Multifamily products to determine if punctual and quality- Property Disposition Center. they are grammatically cor- minded. Her attributes Carolyn performs work for rect. She manages an in- relate directly to the accom- the Supervisor of the Sales coming mail log and coordi- plishment of Departmental Branch and is responsible nates training reports. She goals and Secretarial objec- for additional duties as- sends out correspondence tives. Carolyn is a graduate signed by the Director of the by mail, certified mail, FedEx of Georgia State University, PD Center. In addition to and fax for the PD Center. Atlanta, GA, and holds a her regular assigned duties degree in Sociology. Carolyn Kraut

Knoxville’s Pat Gibson named to the HUD Risk Management Team In early April 2010, Deputy After getting settled into outstanding OIG and GAO Assistant Secretary Joe their temporary quarters audit issues relating to spe- Smith introduced the new they set out to establish cific business areas. HUD Risk Management relationships with the busi- team and the Knoxville Pro- Next steps are for the Team gram Center is proud to ness areas. One big step to meet with each business have Pat Gibson, Senior was accessing the Depart- area and to start to form Project Manager as a mem- mental clearance process relationships that will en- ber. The role of this team is and setting up a protocol for able the risk management to lay the groundwork for the Risk Management Office process to be integrated as establishing the new Office to participate in this proc- part of the policy decision- of Risk Management. ess. They have identified making process in the busi- ness areas. Pat Gibson Volume 1, Edition 2 Page 6

Atlanta Multifamily Hub—Directors and Supervisors

Director, Multifamily Hub Robert W. Reavis, Jr. (678) 732-2188 Director, Operations (Support Team) Paul J. Deignan, Jr. (678) 732-2363 Georgia Project Management

Director, Project Management Sue H. Barron (678) 732-2326

Supervisory Project Manager (Asset Mgmt) Jeffrey A. Fleming (678) 732-2316

Supervisory Project Manager (Production) Marcia D. Ringo (678) 732-2350 Knoxville Program Center

Director, Knoxville Program Center Thomas J. Rone (865) 474-8257

Supervisory Project Manager (Production) Kim B. Cox (865) 474-8258 Louisville Program Center

Director, Louisville Program Center Jane D. Charida (502) 618-8111

Supervisory Project Manager (Asset Mgmt) David Williams (502) 618-8158

Supervisory Project Manager (Production) John B. Hamm (502) 931-6783 Nashville Program Center Director, Nashville Program Center Ed M. Phillips (615) 515-8540

Supervisory Project Manager (Asset Mgmt) Julia E. Moss (615) 515-8559

Supervisory Project Manager (Production) Ann L. Tuck (615) 515-8560

San Juan Program Center Director, San Juan Program Center Sylvette A. Mendez (787) 766-5401 Supervisory Project Manager Roberto Valentin (787) 766-5400 ext 2047 —————————————————————————————————————————————————————————————————————————- CONNECT WITH HUD — SOCIAL MEDIA SITES

HUD is pleased to announce that we now have new social media tools available for you to choose from to follow HUD news. We welcome you to join us in the latest media options described below. The links are included.

( ) www.twitter.com/hudnews ( ) www.facebook.com/HUD

( ) www.flickr.com/photos/opahud/ ( ) www.hud.gov/rss/index.cfm

( ) www.youtube.com/HUDchannel Atlanta Multifamily Hub Spotlight Your Project Department of Housing and Urban Development 40 Marietta Street (Five Points Plaza) Atlanta, Georgia 30303 Have an interesting story about your project or its tenants? Share them with readers of the Phone: 678.732.2743 Atlanta Multifamily Hub News. Fax: 404.331.4089

Send your story to:

Donna Bowman [email protected]

Housing Notices 10-08 Implementation of Refinement of Income and Rent Determination Requirements in Public and Assisted Housing Programs: Implementation Of the Enterprise Income Verification System—Amendments; Final Rule

10-07 Revision to Criterion 4 of the Form HUD 92264-A, ―Supplement to Project Analysis‖

10-06 Hospital Mortgage Insurance: Section 223(f) Refinancing in Conjunction With Section 242 Financing—Amendments to Threshold Criteria

10-05 Extension of Housing Notice H 09-08 Temporary Authority for Multifamily Hubs to Process Waiver Requests Pertaining to the Three-Year Rule for Section 223(f)

For more information on the notices, go to http://www.hud.gov/offices/hsg/ hsgmulti.cfm.