1. Employer Assisted Housing
Shelly Tucciarelli/Turtle Clan Development Services & Josie Kotsioris/Baker Tilly
December 6, 2016

2. Turtle Clan Development Services
Speaker
Shelly Tucciarelli
Turtle Clan Development Services
Shelly Tucciarelli has over 20 years of experience in management, training, administration and development of affordable housing and community development. Shelly is a Native American tribal member of the Oneida Nation of Wisconsin, and owns Turtle Clan Development Services. Shelly provides real estate development services and affordable housing consulting services. TCDS focuses on professional services to increase the supply and quality of housing and economic development in Indian Country nationwide.
Turtle Clan Development Services/Baker Tilly

3. Speaker Josie Kotsioris Baker Tilly
Josie Kotsioris, Senior Manager of Affordable Housing and Community Development Services with Baker Tilly and leads the Chicago team, She works with a broad array of clients and staff serving communities nationwide. She focuses on a national portfolio of clients including developers, communities, local governments, housing authorities, investors and community based lenders.
Josie has over 20 years of affordable housing and real estate experience. Before joining Baker Tilly in 2007 Josie spent thirteen years working for the Illinois Housing Development Authority (IHDA). In her former position she ran the tax credit programs for IHDA, which is the tax credit allocating agency for the State of Illinois. She is a nationally recognized speaker and is considered a “can do” force in the affordable housing industry.
Turtle Clan Development Services/Baker Tilly

4. Course Description
The Employer Assisted Housing (EAH) Programs are being utilized by many companies, such as hospitals, colleges and casinos. Employer Assisted Housing Program is a benefit offered by the employers to its employees to enable them to purchase homes or receive an affordable rental unit. The Employer Assisted Housing Programs benefits can vary from different employers.
The EAH Program enables employees to realize the dream of home ownership sooner than they might think or receive a discount on their rent.  In the process, the employer builds a loyal base of employees living in important neighborhoods near their job. Employees can be part of the rebirth of the neighborhood in close proximity to work.
Turtle Clan Development Services/Baker Tilly

5. Course Objectives After this session, attendees will know:
What is the Employer Assisted Housing(EAH) program
What Employers are using the EAH program
How the EAH program works
Who is eligible for the EAH program
Who benefits from the EAH program
Turtle Clan Development Services/Baker Tilly

6. Employer Assisted Housing (EAH) Program
Power Point Presentation available
Reference Material
Time of Q & A’s
Turtle Clan Development Services/Baker Tilly

7. Employer Assisted Housing (EAH) Program
Substantial need for all types of housing in Indian Country
Multifamily housing
Elder housing
Veteran housing
Supportive housing
Employer Assisted housing
Turtle Clan Development Services/Baker Tilly

8. Employer Assisted Housing (EAH) Program
What is Employer Assisted Housing (EAH)?
Employer-assisted housing (EAH) is any housing program-rental or homeownership – that an employer finances or assists in some way. Communities face increasing pressure to provide more housing for local employees. Employers can work in partnership with their communities and tribal leaders to help address the affordable housing shortage. The result is a stable local workforce and a healthy local economy.
Turtle Clan Development Services/Baker Tilly

9. Employer Assisted Housing (EAH) Program
Why do Employers Participate in Affordable Housing
Allows an employer to expand operations and recruit new employees.
Increases stability in the workforce as turnover decreases.
Reduces absenteeism, tardiness, and stress as commuting times decrease. Raises morale and increases productivity.
Improves community relations as employers contribute to affordable housing.
Turtle Clan Development Services/Baker Tilly

10. Employer Assisted Housing (EAH) Program
Why do Employers Participate in Affordable Housing
Helps stabilize deteriorating neighborhoods. Improving or replacing dilapidated housing in a company’s immediate neighborhood can have positive effects on a firm’s property values and address safety issues for employees.
Offers opportunities for a return on an employer’s investment when structured appropriately through partnerships with developers.
Can leverage matching funds from public and private funders that support employer-assisted housing.
Turtle Clan Development Services/Baker Tilly

11. Employer Assisted Housing (EAH) Program
What is the Employer’s Role
Evaluate Housing Needs of Employees and Community through Studies, Surveys, Tribal council meetings and Focus Groups
Examine Employer Participation Options
Assess Local Housing Capacity and Resources
Determine the Best Strategy for Involvement
Turtle Clan Development Services/Baker Tilly

12. Employer Assisted Housing (EAH) Program
How the Employer becomes Involved in Affordable Housing
Assess Housing Needs
Evaluate and Choose
Project Development – Increase the Affordable Housing Supply
Program Creation – Help Employees Purchase or Rent Housing
Turtle Clan Development Services/Baker Tilly

13. Employer Assisted Housing (EAH) Program
Employer Project Development – Increase the Supply of Affordable Housing
Assemble Development Team
Conduct Project/Site Planning
Obtain Tribal Council Support/Approval
Assemble Financing
Build & Market Project
New Development Project
Turtle Clan Development Services/Baker Tilly

14. Employer Assisted Housing (EAH) Program
Assemble Development Team
Developer
General Contractor
Architect
Attorney
Property Manager
Consultants/Accountants
Construction Lender
Permanent Lender
Grants/TIF/Other soft funds
Equity provider – If using Low Income Housing Tax Credits
Turtle Clan Development Services/Baker Tilly

15. Employer Assisted Housing (EAH) Program
Conduct Project/Site Planning
Choose Site
Complete Budget
Determine Infrastructure needs
How Many Units
Turtle Clan Development Services/Baker Tilly

16. Employer Assisted Housing (EAH) Program
Obtain Tribal Council Support/Approval
Have internal tribal leader and tribal member meetings
Design project approval to move forward
Housing Developed and Owned by Employer (Tribe/Casino)
Might be joint venture – still owned by tribe
Turtle Clan Development Services/Baker Tilly

17. Employer Assisted Housing (EAH) Program
Assemble Financing
Tribal & Employer (Casino) Funds
Cash Contributions - Charitable or Corporate
Equity Contributions
Donation of Land
Mortgage Financing
Low interest and/or deferred loans
Construction Financing
Public/Private Funds
Low Income Housing Tax Credits
Turtle Clan Development Services/Baker Tilly

18. Employer Assisted Housing (EAH) Program
Low Income Housing Tax Credits – How it works
Federal Government funds the program – IRS
Allocated to State Finance Housing Agencies
Developers get funds toward affordable housing project
Low-income renters get an affordable home
Investors purchase a 10-year tax credit
Turtle Clan Development Services/Baker Tilly

19. Employer Assisted Housing (EAH) Program
Build and Market Project
Complete construction of new project
Lease up units
Employees
Casino
Health Center
Other Tribal employees
Tribal members
Turtle Clan Development Services/Baker Tilly

20. Employer Assisted Housing (EAH) Program
Employer Assisted Housing Program Creation
Commit Funds to the Program
Set Program Requirements
Work with Partners
Obtain Matching Funds
Market to Employees
Homeownership or Rental
Turtle Clan Development Services/Baker Tilly

21. Employer Assisted Housing (EAH) Program
Commit Funds to Program
Tribal funds
Casino funds
Funds from other sources
Capital campaign
Turtle Clan Development Services/Baker Tilly

22. Employer Assisted Housing (EAH) Program
Set Program Requirements
Loan/Grant terms
Employee Requirements
Dollar Amounts
Turtle Clan Development Services/Baker Tilly

23. Employer Assisted Housing (EAH) Program
Work with Partners
Homebuyer Educators/Counselors
Lenders
Realtors
Turtle Clan Development Services/Baker Tilly

24. Employer Assisted Housing (EAH) Program
Obtain Matching Funds
Local Government
State/Federal Funds
Other
Turtle Clan Development Services/Baker Tilly

25. Employer Assisted Housing (EAH) Program
Market to Employees
Homeownership
Downpayment/Closing cost assistance
Rental
Rent subsidies
Help with applications, credit, moving costs, deposits, and/or possible rent guarantee or sublease
Turtle Clan Development Services

26. Employer Assisted Housing (EAH) Program
Reference Material for EAH program:
Memorandum of Understanding – MOU
Eligibility Application
Release of Information
Intake form
2 Most recent paycheck stubs
Most recent W-2 form
Eligibility announcement letter
Turtle Clan Development Services/Baker Tilly

27. Employer Assisted Housing (EAH) Program
Final Key Notes:
Planning
Communication
Implementation
Turtle Clan Development Services/Baker Tilly

28. Employer Assisted Housing (EAH) Program
Benefits of Employer-Assisted Housing Program
Employer benefits
Worker Family benefits
Community benefits
Turtle Clan Development Services/Baker Tilly

29. Employer Assisted Housing (EAH) Program
Employer Benefits
Employee recruitment
Stable workforce
Employee productivity
Human resource savings
Civic leadership
Turtle Clan Development Services/Baker Tilly

30. Employer Assisted Housing (EAH) Program
Worker Family Benefits
Home and family stability
Reduced commute time and expense
Better work performance
Child school performance higher
Lower housing cost
Turtle Clan Development Services/Baker Tilly

31. Employer Assisted Housing (EAH) Program
Community Benefits
Housing needs met in local community
Stability in community
Reinvestment in community
Engagement in community
Leveraging of resources
Civic impacts
Turtle Clan Development Services/Baker Tilly