1. Affordable Housing Preservation in DC Harry D. Sewell, Executive Director and CEO District of Columbia Housing Finance Agency

2. AFTER: The Overlook at Oxon Run

3. District of Columbia Housing Finance Agency NALHFA Conference – Affordable Housing Preservation – 5.20.11 3 The Overlook at Oxon Run 316 units (1 BR and 2 BR) Financing:  $73.5 million Total Development Cost  $36.8 million – tax-exempt bonds  $26.6 million – 4% LIHTC – equity retired $13 million of bonds  $21 million – DHCD loan (local trust fund)  Deferred developer fee Development Team: Community Preservation Development Company (CPDC) and Crawford Edgewood Managers, Inc. (CEMI ) Computer room

4. District of Columbia Housing Finance Agency NALHFA Conference – Affordable Housing Preservation – 5.20.11 4 Hubbard Place (230 units (Eff, 1BR, 2 BR) w/ground floor retail) Developer: Somerset Development Company Partnership with DC Dept. of Human Services Financing  $42 million – Total Development Cost  $25.0 million – Tax-exempt bonds  $14.8 million – 4% LIHTC (equity retired $10 million of bonds  $8.5 million – DHCD loan (local trust fund)  Deferred developer’s fee Black Lion Courtyard Laundry