1. BuildingOur CD TeamPresented by:Allysunn Walker-Williams, MBA, MPHChief Planning andCommunity Development OfficerFresno Housing AuthorityNAHRO Annual Conference October 25, 2011

2. Community Development PhilosophyShared Vision that We Will Achieve: Vibrant Neighborhoods Engaged Residents Quality, Affordable HousingPlay with the willing. - Ron Sims, former Dept. Secy of HUD 3. Community Development PhilosophyShared Vision that We Will Achieve: Vibrant Neighborhoods Engaged Residents Quality, Affordable HousingPlay with the willing. - Ron Sims, former Dept. Secy of HUD ..and the innovative, resourceful, able 4. Community Development Approach What is your currentdevelopment context? What is your acquisitionpolicy? Interests? With whom are youaligned? With whom do want tobe aligned? 5. Choice Partners Local Government /Public Agencies City Council, County electeds Planning, PD, Public Works Parks and Recreation RDAs School Districts Community Groups Well-respected advocates who are mission-aligned Neighborhood groups 6. Choice Partners Non-Profits Housing Developers Economic Dev Corps, Chambers CAAs Foundations For-Profits Housing Developers Local Businesses Planning Firms/Architects/other Banks 7. Not-so-Choice Partners NIMBY Groups Those not aligned withyour mission or vision Unsupportive Groups orIndividuals Distractors (some) EnvironmentalGroups 8. Phases of Community Development Planning andConceptualization Pre-Development Site Selection/Acquisition Entitlements/Permits Construction Conversion Long-term Operations 9. How to Get Buy-InBE HONEST, RESPECTFUL, FLEXIBLE, COOPERATIVE, DECISIVE, ACCOUNTABLE, TRANSPARENT, EXCELLENT, INCLUSIVE,COMMUNICATIVE, A KEEPER OF YOUR WORD 10. NIMBY1. You cant please everybody2. Youre not welcome everywhere3. You cant overcome everythingBUT.. 11. NIMBYAvoid specific reference to NIMBY 12. Old Funston:Not intended for family housing 13. Financing Plan forParc Grove Commons 2008: Fresno Housing Authorities received anallocation of 4% bond financing and MHP bondfinancing that provided an $8.2 million permanentloan for the project Economic downturn affected the investor/lendermarket MHP bond financing was frozen by the state 2009: REGROUP! 9% application submitted TCAC award of $36M in tax credits won Wells Fargo offered $0.78 and worked closely withCCRC who provided permanent financing 14. Financing Plan forParc Grove Commons Along came ARRA: Soft financing needed 2009: Capital Fund Recovery Grants yielded $4.7M CFRG formula funding: $2.2M as a Federal Stimulus FundAllocation CFRC competitive funding: $2.5M 15. The New Parc Grove Commons 16. Project Description 215 units universal design elementsgreen building features 6,710 sf community building with:classroom facility, computer room, offices, fitness center, pool, basketball courts,picnic areas, courtyardsconstruction began: 2/3/10 construction completion: 4/28/11GC: Brown Construction 17. Project Description full-lease up expected in 6 months 87 units leased in first phase4,000 people on waiting list First Family moved in: 4/8/11Grand Opening: 4/11/11Returning Families: 40 18. Parc Grove Commons DevelopmentPermanent Financing SourcesWachovia Affordable HousingCommunity Development Corp $23,460,403CA Community Reinvestment Corp 2,900,000Fresno Housing Authority (includesCFRC, CFRG, RHF) 5,517,580City of Fresno (HOME)2,000,000Housing Relinquished Fund Corp 3,007,435City of Fresno RDA500,000Total Development Costs$37,384,418