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Mission: Possible
Creating and
Preserving Affordable Senior Housing
Recorded: July 25, 2007 |
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Featured Speakers:
Nancy Libson,
Director of Housing Policy, American Association of Homes and Services
for the Aging
Nicholas Gesue,
Senior Vice President and Director of Multifamily Finance for
Lancaster Pollard Mortgage Company and Vice President of Lancaster
Pollard & Co.
Deborah Burkart, Vice President and National Director of
Supportive Housing and Assisted Living for the National Equity Fund,
Inc.
Michelle Norris, Senior Vice President for Development
and Acquisitions for National Church Residences
Steve Monroe (moderator), Editor of The SeniorCare
Investor and Executive Editor of Senior Living Business
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The
nation’s urgent need to provide more affordable housing for the low-income
elderly will only increase in the coming decade. A recent survey found
that for every unit of affordable senior housing that becomes available,
there are at least 10 eligible seniors on the waiting list for it. The
pressure is on not-for-profit entities to develop new units and preserve
the existing housing stock, and major opportunities await for-profit
partners. As a not-for-profit, how can you make affordable senior housing
happen and reap positive financial benefits? As a for-profit developer,
property manager, consultant or banker, how can you be a player in these
deals? To get answers to these questions and more, listen to or read the
latest Senior Care Audio Conference: “Mission: Possible-- Creating and
Preserving Affordable Senior Housing.”
Listen as our panel of experts explores the major opportunities that exist
for innovative partnerships and creative financing. You’ll learn about the
entire spectrum of funding options for affordable senior housing, from
federal grants to the use of Low Income Housing Tax Credits. You will
understand the risks and rewards. From policy to packaging financing deals
to overcoming operational obstacles, our panelists know the ins-and-outs
of these endeavors and will provide case studies of affordable senior
housing success stories.
Here’s just some of what you’ll learn during this in-depth, 90-minute
audio conference:
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Who the buyers are and what they are looking for Where
prices are headed for SNFs and ALFs What the pricing trends are for
first half 2003 How the new Sunrise Senior Living and Emeritus/Alterra
impact the market |
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Ask the experts your burning questions on senior care
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Learn how to mix mission and margin to ease the
nation’s affordable senior housing shortfall. |
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Discover the best practices for not-for-profits
entering the affordable senior housing market for the first time or
those renovating existing properties. |
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Find out about the opportunities that await for-profit
developers, consultants, bankers and operators in this sector. |
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Get tips on utilizing the Low Income Housing Tax
Credit program for maximum return and flexibility. |
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Navigate state and federal regulatory hurdles with
ease. |
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Revitalize aging properties and your balance sheet
with smart refinancing. |
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…and much more! |
Featured Speakers:
Nancy Libson, Director of Housing Policy at the American
Association of Homes and Services for the Aging, has more than 30 years
experience in affordable housing policy development, program
implementation, technical assistance and training, and advocacy. Ms.
Libson's work at AAHSA focuses on developing policy and positions related
to affordable service enriched senior housing in conjunction with
association members; providing technical assistance to members; improving
housing programs; advocating for policy changes in Congress and within the
Department of Housing and Urban Development and for adequate
appropriations for housing; and developing coalitions among housing public
interest groups and organizations. Prior to joining AAHSA in 2003, Ms.
Libson held posts with government and legislative offices and private
firms in the development of affordable senior housing.
Nicholas Gesue, Senior Vice President and Director of Multifamily
Finance for Lancaster Pollard Mortgage Company, has worked on a broad
range of mixed finance projects for affordable housing acquisitions,
rehabilitation, new construction and refinance. Mr. Gesue, who is also a
vice president of Lancaster Pollard & Co., joined the firm in 2000 and
provides credit oversight to all lending programs of the mortgage company.
In addition, he oversees the analytical staff, focusing most recently on
creating an efficient system to refinance more than 60 HUD Section 202
low-income senior properties. His understanding of the FHA and USDA senior
living, multifamily and rural housing programs has earned him speaking
engagements at state and national conferences. He is a member of the board
of the Council for Rural Housing and Development of Ohio.
Deborah Burkart, Vice President and National Director for
Supportive Housing and Assisted Living for the National Equity Fund, Inc.,
has extensive experience in special needs housing initiatives. Ms. Burkart
works nationally on affordable senior housing projects utilizing Low
Income Housing Tax Credits for NEF, one of the nation’s largest non-profit
equity funds. Ms. Burkart has been a frequent speaker at conferences
sponsored by AAHSA, the National Council of State Housing Agencies and the
Assisted Living Federation of America. She is a member of AAHSA’s
Affordable Housing Cabinet and a board member of Heartland Housing, Inc.,
a Chicago-based, non-profit developer of affordable housing in the
Midwest.
Michelle H. Norris, Senior Vice President of Acquisitions &
Development of National Church Residences, currently oversees a team that
specializes in development of all NCR’s new housing projects. This
includes HUD Section 202 construction; Low Income Housing Tax Credit new
construction; acquisitions & substantial rehabs. Ms. Norris joined NCR in
1993 as Director of Corporate Financial Services. She later became Chief
Operating Officer of Housing Management, overseeing the management
operations of NCR’s affordable housing portfolio. She served on the 2005
Wisconsin’s Governor’s Task Force for Housing Preservation and currently
serves as President for the National Affordable Housing Management
Association (NAHMA). Norris has performed speaking engagements for AAHSA
and various other national conferences.
Steve Monroe (moderator), Editor of The SeniorCare Investor and The
SeniorCare Acquisition Report and Executive Editor of Senior Living
Business.
Order this CD or Transcript |
