1. DHCD REMARKS BEFORE THE COALITION ON NON-PROFIT HOUSING AND ECONOMIC DEVELOPMENT ORGANIZATIONS (CNHED) THURSDAY, APRIL 18, 2013 Michael P. Kelly, Director

2. MISSION DHCD’s mission is to create and preserve opportunities for affordable housing and economic development and to revitalize underserved communities in the District of Columbia. DHCD BUDGET UNDER THE MAYOR’S FY 2014 PROPOSED BUDGET 2

3. DHCD FOCUSES ON THREE STRATEGIC OBJECTIVES: DHCD BUDGET UNDER THE MAYOR’S FY 2014 PROPOSED BUDGET 3 (1) Preserving and increasing the supply of quality affordable housing; (2) Increasing homeownership opportunities; and (3) Revitalizing neighborhoods by promoting community development and providing economic opportunities.

4. DHCD FY14 PROPOSED BUDGET DHCD BUDGET UNDER THE MAYOR’S FY 2014 PROPOSED BUDGET 4 Appropriated Fund Approved FY 2013 Proposed FY 2014 Change From FY 2013 Percent Change* General Fund Local Funds12,59111,119-1,472-11.7 Special Purpose Revenue Funds6,5009,6213,12148.0 Total for General Fund19,09120,73916488.6 Federal Resources Federal Grant Funds38,14740,8212,6747.0 Total for Federal Resources38,14740,8212,6747.0 Intra-District Funds 68,604106,20837,60454.8 Total for Intra-District Funds68,604106,20837,60454.8 Gross Funds125,842167,76841,92633.3 Table 1: FY 2014 Budget Request Overview (DB0) (Thousands)

5. DHCD BUDGET UNDER THE MAYOR’S FY 2014 PROPOSED BUDGET 5 Local Funds$11.16.6% Special Purpose Funds$9.65.7% Federal Entitlement Grants$40.824.3% Intra-District Funds$106.263.3% TOTAL$167.7100% DHCD’s budget is comprised of several revenue sources: Local Funds, Special Purpose Revenue, Federal Entitlement Grants, Intra-District Funds, and. Approximately 24.3% of DHCD’s budget is from Federal entitlement grants, and 63.3% is from Intra-District sources, which includes the Housing Production Trust Fund. The balance of the revenue, approximately 12.3% comes from Local and Special Revenue Funds. Table 3: FY 2014 DHCD Revenue Sources (millions)

6. DHCD BUDGET UNDER THE MAYOR’S FY 2014 PROPOSED BUDGET 6 Program AreaFY 2014 Budget Request - DB0 Development Finance Division$96,586,182 Residential and Community Services Division$40,240,344 Property Acquisition and Disposition Division$3,444,829 Portfolio and Asset Management Division$2,197,059 Program Monitoring Division$3,610,604 Housing Regulation Administration$2,538,630 Rental Housing Commission$801,994 Agency Management$16,645,746 Agency Financial Operations$1,702,996 Total$167,768,384 Table 2: FY 2014 Budget Request Overview by Program/Division USE OF PROPOSED BUDGET DHCD’s proposed budget request will be used to support seven (7) program areas and agency management: These programs comprise 88.4% of the budget. (millions)

7. Notice of Funding Availability (NOFA) for funding under the Community Development Block Grant (CDBG) program: Home Investment Partnership (HOME) program, Housing Production Trust Fund (HPTF) program, 9% Low Income Housing Tax Credits (LIHTC) program, Housing Opportunities for Persons with AIDS (HOPWA) Department of Mental Health (DMH) funds administered by DHCD, District of Columbia Housing Authority’s Local Rent Supplement Program (LRSP), Housing Choice Voucher Program (HCVP) and Annual Contributions Contract (ACC) Program, and Department of Human Services (DHS) supportive services funds for permanent supportive housing. SPRING 2013 RFP DHCD BUDGET UNDER THE MAYOR’S FY 2014 PROPOSED BUDGET 7

8. 8 The District is interested in financing projects that focus on the following categories: 1)elderly housing; 2)special needs housing; 3)housing for chronically homeless individuals and families in mixed- income buildings with supportive services; 4)preservation of housing affected by expiring federal subsidies; 5)new/substantial rehabilitation of housing (5 or more units); 6)homeownership; 7)new construction and preservation of affordable housing units; 8)permanent supportive housing units for the exclusive use of DCHA, DMH and DHS consumers and 9)community facilities to serve low to moderate income persons. SPRING 2013 RFP

9. DHCD BUDGET UNDER THE MAYOR’S FY 2014 PROPOSED BUDGET 9 The District will provide funding to community based non-profit organizations to provide counseling services and training for homeownership, home preservation, tenants, and tenant groups. These services will support several DHCD housing programs and initiatives, including, but not limited to: Home Purchase Assistance Program (HPAP) Single Family Residential Rehabilitation (SFRRP) Lead Safe Washington (LSW) Affordable Dwelling Units (ADU’s) Inclusionary Zoning (IZ) Small Business Assistance Program Facade Improvement Program SPRING 2013 RFP

10. DHCD BUDGET UNDER THE MAYOR’S FY 2014 PROPOSED BUDGET 10 All competitive Request for Proposals (RFPs) and Applications (RFAs) were released on April 2, 2013. The RFP and RFA packages, including all application materials and the reference guidebook, are available in CD format and can be obtained at DHCD, 1800 Martin Luther King Jr. Avenue, S.E., Washington, D.C. 20020, 1st floor reception desk daily from 8:15 am until 4:45 pm. Completed applications must be delivered on or before 4:00 pm, Eastern Time, May 31, 2013, to DHCD, 1800 Martin Luther King Jr. Avenue, S.E., 1st floor reception desk, Washington, D.C., 20020. No applications will be accepted after the submission deadline. SPRING 2013 RFP

11. DHCD BUDGET UNDER THE MAYOR’S FY 2014 PROPOSED BUDGET 11 Request for Applications to Administer Home Purchase Assistance Program Department of Housing and Community Development (DHCD), released grant funding for a non-profit organization to administer the following District of Columbia Homebuyer Assistance Programs: Home Purchase Assistance Program (HPAP); Employer-Assisted Program (EAHP); Home Purchase Rehabilitation Pilot Program; Negotiated Employee Assistance Home Purchase Program (NEAHP); and the Home Purchase Assistance Step-Up Program. SPRING 2013 RFP

12. DHCD BUDGET UNDER THE MAYOR’S FY 2014 PROPOSED BUDGET 12 The RFA was made available on Monday, April 1, 2013, at DHCD, 1800 Martin Luther King, Jr., Avenue, SE, Washington, DC 20020, Third Floor Reception Desk. The RFA also will be available from the DHCD website, located at www.dhcd.dc.gov, on or about April 1, 2013. For additional information about this opportunity, please contact Janice Blassingame of DHCD’s Residential and Community Services Division, at (202) 442-7295. The deadline for submission of grant applications is Friday, May 10, 2013 at 4:00 pm. SPRING 2013 RFA

13. DHCD BUDGET UNDER THE MAYOR’S FY 2014 PROPOSED BUDGET 13 5TH Annual DC Housing Expo June 1, 2013 – Washington Convention Center The DC Department of Housing and Community Development, in partnership with the Greater Washington Urban League, will celebrate National Homeownership Month by hosting the 5th Annual DC Housing Expo “Welcome Home.” The expo will be held on Saturday, June 1, 2013, at the Walter E. Washington Convention Center. The Expo will provide resources for all residents of the District, including information for renters, homeowners, potential homeowners, landlords and residents facing foreclosure.

14. DHCD BUDGET UNDER THE MAYOR’S FY 2014 PROPOSED BUDGET 14 5TH Annual DC Housing Expo June 1, 2013 – Washington Convention Center House Lottery - The Department will host two lotteries at this year’s housing expo. Families of two or more must be pre-approved by one of our participating Community Based Organizations. Applications must be received by April 30, 2013. You must be present to win. The first option to purchase will be awarded by lottery, to a purchaser whose annual income is at 50% or below the Area Median Income. The applicant must qualify and secure a mortgage for 50% of the homes appraised value ($141,000). A second property will be awarded by lottery to a purchaser whose annual income is between 51-80% of the Area Median Income. The applicant must qualify and secure a mortgage for 50% of the homes appraised value ($190,000).

15. DHCD BUDGET UNDER THE MAYOR’S FY 2014 PROPOSED BUDGET 15 5TH Annual DC Housing Expo June 1, 2013 – Washington Convention Center Exhibit Hall Foreclosure Counseling Credit Counseling Workshops Developers Showcase Financial Realty Fair for High School age students

16. QUESTIONS AND ANSWERS DHCD BUDGET UNDER THE MAYOR’S FY 2014 PROPOSED BUDGET 16