Building Equity for the Future Sponsored by: Building Equity for the Future

Moderator: Valeria Cumming Swope, Community Liaison, Department of Economic Inclusion, City of Cincinnati Panelists: Kevin Wright, Executive Director, Walnut Hills Redevelopment Foundation David Thompson, Chief Development Officer, The Model Group Robert Bell, Economic Inclusion Coordinator, Cincinnati Metropolitan Housing Authority

Building Sustainable Communities and Economic Inclusion Cincinnati Metropolitan Housing Authority Building Sustainable Communities and Economic Inclusion Welcome- Introduction 3

Sustainable Communities The Reserve on South Martin 60 unit, senior living community Partnership with Mt. Healthy, City, County and private developers Certified LEED Platinum Named “Cincinnati’s Greenest Building” by Cinti. Bus. Courier in 2014

Sustainable Communities Baldwin Grove 100 unit, senior living community Partnership with Springdale, Hamilton County and private developers Energy Star Certified

Sustainable Communities Cary Crossing 36 unit, adults and families with disabilities Partnership with Mt. Healthy, Hamilton County and private developers Enterprise Green Communities Certified

Sustainable Communities Currently under construction 65-80 unit, senior living community West Union Square Partnership with Colerain Township, County and private developers Will be Enterprise Green Communities Certified

Rental Assistance Demonstration RAD New way of doing business for PHAs Turns public housing units into Project Based Rental Assistance Units Provides more stable funding to make much needed improvements to our properties Uses public and private debt, mortgages, tax credits, and different forms of grant funding CMHA to spend $50 million in RAD construction over the next year and potentially over $700 million in the next five to seven years

And Sustainable Communities RAD And Sustainable Communities Tax Credit funding: RAD Property Conversions must be Green certified by: “Enterprise Green Communities” or “National Green Building Standards” or “LEED.” (Leadership in Energy and Environmental Design) by the US Green Building Council Purpose is to improve the health and well-being of low-income people by transforming the quality of affordable housing in America. Certification includes outside evaluation of Design, Construction Monitoring, and Post-Build testing and assessments using green criteria for environmental, economic, societal/health benefits.

Building for the Future Initiative CMHA’s Building for the Future Initiative CMHA’s educational and support initiative to insure economic inclusion for small, Section 3, and diverse businesses To help them prepare for HUD’s massive construction opportunity known as RAD Assist these companies to successfully compete for subcontracts from larger companies doing large rehab and renovations of CMHA properties

Building for the Future Initiative CMHA’s Building for the Future Initiative Involves Partnerships with organizations that provide training, consultation and support for: Sustainability and Green Certification Entrepreneur and Start-Up Training Financing and Bonding Business Planning and Development Business Technology Networking with Primes

“Building For The Future” Resource Partners “Building For The Future”

Total of $32.8M, with $13.5M or 40% awarded to MBEs and WBEs Four Step Cycle of Economic Inclusion Identify: identify your types of spending, investigate potential contractors, gather data, categorize Recruit: set goals, outreach and marketing, provide ease of access Support: educate, provide resources, make referrals, form partnerships Monitor: record activities and results, report on contracts won, and celebrate success, continuously improve Result of 2016 Spending Total of $32.8M, with $13.5M or 40% awarded to MBEs and WBEs

Building Equity for the Future David Thompson, Model Group, Inc.

Mission: to positively transform communities Vision: contribute to safe, healthy, diverse, and thriving urban neighborhoods Values: Partnership, Innovation, Stewardship, Sincerity

Continuum of Development Orgs Gov’t Entity Quasi Gov’t / NP / CDC TMG / Mission Based FP For Profit Dev Less “Healthy” “Health” of Neighborhood Market More “Healthy”

How I feel about Venn Diagrams Things I Like Venn Diagrams

Stakeholders Want Funders Want Market Wants Good Development

Thinking about Sustainability “Sustainable development meets the needs of the present without compromising the future.” Environmentally: Green Building Standards Sustainable Built Environments Financially: Affordability Sustainable Operating Make a Profit

Economic Inclusion Hiring Practices Place for all - Mixed Income Neighborhoods Preference for Local Businesses