1. Slide 1 FastFacts Feature Presentation April 29, 2010 We are using audio during this session, so please dial in to our conference line… Phone number: 877-468-2134 Participant code: 182500 © 2010 The Johns Hopkins University. All rights reserved. 1

2. Slide 2 Todays Topic Well be taking a look at… Johns Hopkins Live Near Your Work 2

3. Slide 3 Todays Presenter Michelle Carlstrom Senior Director, Office of Work, Life and Engagement Sandy Jenkins, MBA LNYW Program Coordinator 3

4. Slide 4 Session Segments Presentation Michelle and Sandy will address Johns Hopkins Live Near Your Work. During Michelle and Sandys presentation, your phone will be muted. Q&A After the presentation, well hold a Q&A session. Well open up the phone lines, and youll be able to ask questions. Michelle and Sandy will answer as many of your questions as time allows. 4

5. Slide 5 Contact Us If you would like to submit a question during the presentation or if youre having technical difficulties, you can email us at: fastfacts@jhu.edu fastfacts@jhu.edu You can also send us an instant message! GoogleTalk – HopkinsFastFacts@gmail.comHopkinsFastFacts@gmail.com AOL Instant Messenger – HopkinsFastFacts MSN – FastFacts@jhu.edu 5

6. Slide 6 How To View Full Screen 6

7. Slide 7 Survey At the end of this FastFacts session, well ask you to complete a short survey. Your honest comments will help us to enhance and improve future FastFacts sessions. 7

8. Slide 8 Program Overview Michelle Carlstrom, LCSW-C Senior Director and Sandy Jenkins, MBA Live Near Your Work Program Coordinator

9. Slide 9 Employer Assisted Home Buying Program Offers cash grants to benefits eligible employees who choose to purchase homes in designated neighborhoods near Johns Hopkins campuses. Grants are provided at settlement and used only for down payment and closing cost; no retroactive grants. Partnership with Baltimore City and the State of Maryland Johns Hopkins has been a participating employer since 1997. A major grant from The Rouse Company Foundation in 2008 expanded the program to offer grants in the amounts of $2,500, $6,000, $10,000, or $17,000 depending on the target area where the home is purchased. Key Components

10. Slide 10 Enjoy the urban experience of Charm City: Live-Work-Play Sustainability: Reduce sprawl, cut traffic, less travel time, less commuting costs, promote environmental sustainability. In 2008, SustainLane ranked Baltimore in the top 10 most sustainable cities in the country. Build home equity: Invest in emerging neighborhoods Contribute to the vibrancy of Baltimore City Key Rewards

11. Slide 11 The LNYW program is open to all full-time, benefits-eligible employees who wish to purchase a home in Baltimore City and work at: Johns Hopkins University Johns Hopkins Hospital Johns Hopkins Bayview Johns Hopkins Health Care Johns Hopkins Community Physicians Johns Hopkins Health System Johns Hopkins Home Care Group Who Can Apply? Employees of the Applied Physics Laboratory, Residents, Post Doctoral Fellows, House Staff and Students are NOT eligible.

12. Slide 12 LNYW Eligibility and Conditions Complete Home Ownership Counseling prior to signing a contract – from one of the 16 State approved and funded counseling agencies, offered at no cost to buyer. Purchase and reside in a home in the Baltimore City LNYW program target area. Contribute at least $1,000 to the down payment and/or closing costs at settlement. Agree to repay funds, if applicable, per LNYW Program provisions. ELIGIBLE PROPERTIES Townhouses Single family houses Two-four unit houses Condominiums Grants will NOT be rewarded retroactively.

13. Slide 13 What is the Process? 1.Review the LNYW program boundaries, target areas, grant amounts, and conditions of participation. www.hopkinsworklife.org/lnywwww.hopkinsworklife.org/lnyw 2. Complete Home Ownership Counseling. 3.Select a home in the LNYW target area. 4. Obtain mortgage loan approval prior to receiving a LNYW grant. 5. Complete and return required LNYW application no less than three weeks prior to settlement. 6. Complete and submit required Baltimore City application no less than three weeks prior to settlement. 7. Steps to take after settlement…

14. Slide 14 Possible Pitfalls? Signing a contract before starting the LNYW process. Appraisal may come in lower or higher than price of home. House may not pass inspection. Short Sales – timing! Ineligible to receive funds if settling prior to approval from both the LNYW program and the City.

15. Slide 15 How Much Financial Help is Available? Grant amounts vary according to neighborhood. The areas targeted for the largest grants are identified as Tiers. Tier A1 (Harwood, Barclay, and Greenmount West) - $17,000 Tier A2 (East Baltimore) - $17,000 Tiers B1 (Remington) and B2 (Better Waverly, and a section of Abell) - $10,000 Tier C (sections of Baltimore Linwood and Baltimore Highland) - $6,000 Non-Tier Areas (within the LNYW footprint but beyond those of the Tiers) will receive grants of $2,500. There is a limited number of Non-Tier area grants available per fiscal year.

16. Slide 16 Homewood Footprint

17. Slide 17 A-1 Tier: Harwood & Barclay ($17,000) Harwood: 29 th to 25 th, between Guilford and Greenmount: www.greaterhomewood.orgwww.greaterhomewood.org Barclay: 25 th to North Ave, between St. Paul and Greenmount: www.greatergreenmount.orgwww.greatergreenmount.org Late Victorian 3-story brownstones ranging from $150,000 to $300,000+. Amenities and shopping opportunities available in Charles Village, Waverly, 25 th Street corridor and Penn Station. Primarily residential with active local churches, cultural histories, and strong community organizations, including the Greater Greenmount Community Association. Residents have worked together to maintain gardens and greenspaces for children and adults to enjoy. The Housing Authority of Baltimore City selected Telesis Corporation as their developer for revitalization for this area; redevelopment focuses on mixed income housing while encouraging sustainable building practices. A wide variety of incentives are available to layer with the LNYW grants: www.phghouse.org www.phghouse.org

18. Slide 18 Greenmount West and Charles North comprise the North Central Historic District, a National Park Service's National Register of Historic Places site. The Central Baltimore area is an emerging arts scene, known as Station North Arts and Entertainment District. It offers an array of venues, restaurants and themed events and festivals, including ArtScape. Located nearby are Penn Station, the Charles Theatre, the University of Baltimore, and the Maryland Institute College of Art (MICA). This area is led by a creative class of entrepreneurs and progressive property owners; the historic neighborhoods are rich in architecture and character. A wide variety of incentives are available to layer with the LNYW grants: www.phghouse.org www.phghouse.org A-1 Tier: Greenmount West & Charles North ($17,000) www.centralbaltimore.org

19. Slide 19 Homewood Footprint

20. Slide 20 B-1 Tier: Remington ($10,000) www.griaonline.org Remington is a diverse, affordable residential community with deep roots in Baltimores history. Row houses in a variety of sizes and styles characterize the neighborhood. Some rehabbed homes – some fixer-uppers: $70,000 - $208,000 purchase prices. West of Charles Street; East of the Jones Falls; adjacent to the Homewood campus. Shopping opportunities are within walking distance in neighboring Charles Village and Hampden. Coming soon on 25 th Street: Lowes and Wal-Mart! Strong community association: Greater Remington Improvement Association. Features: RemFest - Charm City Cakes – The Dizz – Paper Moon Diner – Sweet Sin Bakery – Mill Valley Garden Center & Farmers Market – Stony Run Stream – Wyman Dell.

21. Slide 21 Homewood Footprint

22. Slide 22 B-2 Tier: Better Waverly ($10,000) www.betterwaverly.org Situated between Homewood and Johns Hopkins at eastern, Better Waverly is a village of renovated former estates; quaint, quirky summer cottages; single frames and duplexes in assorted sizes and shapes; as well as brick homes featuring glassed in sun porches on tree- lined lanes and broad boulevards. Prices range from $92,000 - $160,000. Better Waverly has been a city melting pot and continues to take pride in a rich history of cultural, ethnic, racial and socio-economic diversity. Features: The Y of Central Maryland on 33 rd Street offers one of the nations largest Community Built Playgrounds as well as discounted membership to Hopkins employees. Features: The 32 nd Street Farmers Market ; Darker Than Blue Café; Thai Restaurant.

23. Slide 23 East Baltimore Footprint

24. Slide 24 A-2 Tier East Baltimore Middle East ($17,000) Townes at Eager – Condos: Two and three bedrooms with attached garage; 1,750 – 2,600 square feet. Located next to Science and Technology Park. Prices starting at $264,900. Preston Place – New and fully renovated 3 bedroom homes. Layer LNYW grant for price points between $101,500 and $142,500. www.prestonplacehomes.com McElderry Park - a close knit community of modest row homes with historic charm. Currently, McElderry Park community organizations are in the midst of developing a community master plan to integrate green spaces into housing and other development in the neighborhood.

25. Slide 25 East Baltimore Footprint

26. Slide 26 C – Tier East Baltimore Baltimore Highlands ($6,000) Baltimore Linwood ($6,000) Baltimore Highlands - from E. Baltimore to Orleans, between Clinton and Haven streets. Both Esskay and Lord Baltimore Laundry started here! Now home to Santonis supermarket, this neighborhood is 5-20 minutes from Canton, Fells Point, and Little Italy. Baltimore Linwood – from Fayette to E. Baltimore, between Orleans and Highland Ave. This neighborhood abuts the beautiful 140 acre Patterson Park, is close to the inner harbor and East Baltimores Johns Hopkins medical institutions. It is within walking distance of The Patterson Park community Charter School, a neighborhood anchor. Price points from $110,000 - $250,000; LNYW homes purchased on Fairmount, Milton, Ellwood, Lakewood and Luzerne Streets. Artsy Colorful Social Unique Urban

27. Slide 27 H OW T O A PPLY www.hopkinsworklife.org/LNYW Interested applicants should contact: Sandy Jenkins at 443-997-7000 -or- sljenkins@jhu.edusljenkins@jhu.edu prior to beginning the house search process.

28. Slide 28 www.hopkinsworklife.org Live Near Your Work is just one of a number of programs and services provided by the Office of Work, Life and Engagement to assist faculty and staff to successfully manage the competing demands of work and personal life.

29. Slide 29 Steps to Remember 1.Review the LNYW program boundaries, target areas, grant amounts, and conditions of participation. www.hopkinsworklife.org/lnywwww.hopkinsworklife.org/lnyw 2. Complete Home Ownership Counseling. 3.Select a home in the LNYW target area. 4. Obtain mortgage loan approval prior to receiving a LNYW grant. 5. Complete and return required LNYW application no less than three weeks prior to settlement. 6. Complete and submit required Baltimore City application no less than three weeks prior to settlement. 7. Steps to take after settlement…

30. Slide 30 Were going to open the phone lines now! There will be a slight pause, and then a recorded voice will provide instructions on how to ask questions over this conference call line. Well be answering questions in the order that we receive them. Well also be answering the questions that were emailed to us during the presentation. If theres a question that we cant answer, well do some research after this session, and then email the answer to all participants. Q&A 30

31. Slide 31 Thank You! Thank you for participating! We would love to hear from you. Are there certain topics that you would like us to cover in future FastFacts sessions? Would you like to be a FastFacts presenter? Please email us at: fastfacts@jhu.edu 31

32. Slide 32 Survey Before we close, please take the time to complete a short survey. Your feedback will help us as we plan future FastFacts sessions. Click this link to access the survey… http://connect.johnshopkins.edu/fastfactssurvey/ http://connect.johnshopkins.edu/fastfactssurvey/ Thanks again! 32