Organizations Filed Purposes:
TO MAKE LOW-INCOME HOUSING AVAILABLE TO LOW AND MODERATE INCOME INDIVIDUALS AND FAMILIES.
CDHC WORKS WITH THE COUNTY ADMINISTRATION (THE "ADMINISTRATION"), THE HOWARD RESEARCH AND DEVELOPMENT CORPORATION ("HRD"), AND HOWARD COUNTY HOUSING COMMISSION (THE "COMMISSION") TO IMPLEMENT THE VARIOUS OBJECTIVES FOR AFFORDABLE HOUSING IN DOWNTOWN COLUMBIA, MARYLAND. THESE FOUR PARTIES, CDHC, HRD, THE COMMISSION, AND THE COUNTY, ENTERED INTO A LONG-TERM PARTNERSHIP WRITTEN AGREEMENT TITLED THE DEVELOPMENT RIGHTS AND RESPONSIBILITIES AGREEMENT ("DRRA") REGARDING AFFORDABLE HOUSING IN DOWNTOWN COLUMBIA ON FEBRUARY 3, 2017. AS PART OF THE DRRA, HRD ALLOWED THE COMMISSION TO MASTER LEASE UNITS IN A NUMBER OF THEIR DEVELOPMENTS DOWNTOWN; THE FIRST BEING JUNIPER. CDHC PROVIDED COMMENTS ON A SHARED DRAFT OF THE MASTER LEASE DURING 2019, AND THE FINAL MASTER LEASE IS NOW SIGNED AND IN PLACE FOR JUNIPER.EDUCATION ABOUT THE DOWNTOWN AFFORDABLE HOUSING PLANS WAS ALSO KEY TO CDHC'S WORK IN 2019. AT THE REQUEST OF THE COUNTY COUNCIL, CDHC'S PRESIDENT ALONG WITH OTHER PROMINENT MEMBERS OF THE AFFORDABLE HOUSING INDUSTRY TESTIFIED AT THE COUNCIL'S BRIEFING ABOUT THEIR RESPECTIVE HOUSING PROGRAMS AND RESPONDED TO QUESTIONS FROM THE COUNCIL ABOUT ISSUES PERTAINING TO AFFORDABLE HOUSING IN HOWARD COUNTY. THE BOARD ALSO STAYED ABREAST OF ACTIVITIES IN THE COUNTY AND BECAME ENGAGED AS APPROPRIATE TO ENSURE PEOPLE WERE AWARE OF POTENTIAL OR EXPECTED IMPACTS ON THE PLAN.
THE BOARD OF CDHC FORMED A COMMITTEE TO FACILITATE FORMULATION OF ITS PLAN TO LEVERAGE THE FUND TO DEVELOP THE PROGRAM OF LIVE- WHERE-YOU-WORK (LWYW) HOUSING IN DOWNTOWN AS MANDATED BY THE COUNCIL. THE TEAM CONSISTS OF 6 BOARD MEMBERS, AS WELL AS THE DIRECTOR OF THE DEPARTMENT OF HOUSING AND COMMUNITY DEVELOPMENT. THE LWYW COMMITTEE MET REGULARLY IN THE FIRST HALF OF 2019 AND FOCUSED ON OPENING A PILOT PROGRAM. ACTIVITIES INCLUDED FINALIZING AN MOU WITH HOWARD COUNTY GENERAL HOSPITAL, THE FIRST EMPLOYER; REACHING OUT TO LANDLORDS TO ENSURE PARTICIPATION; FINALIZING ALL NECESSARY DOCUMENTS; UPDATING AN MOU WITH DHCD TO INCLUDE ITS ADMINISTRATION OF THE LWYW PROGRAM; AND OBTAINING BOARD APPROVAL TO OPEN THE PROGRAM.THE BOARD APPROVED THE PROGRAM KNOWING THAT LWYW FEES WERE NOT EXPECTED TO BE RECEIVED IN CY 2019. TO MOVE PROACTIVELY TO ADDRESS HOUSING AFFORDABILITY IN DOWNTOWN, THE BOARD AGREED TO USE ITS EXISTING FUNDS RATHER THAN DELAYING THE PROGRAM OPENING UNTIL LWYW FEES WERE ACTUALLY RECEIVED.THE PILOT PROGRAM OPENED IN AUGUST 2019 WITH THE SIGNING OF AN MOU AMONG HOWARD COUNTY GENERAL HOSPITAL, CDHC AND THE COUNTY. BY MID-JANUARY 2020, FOUR HOSPITAL EMPLOYEES WITH THEIR FAMILIES MOVED INTO DOWNTOWN AND SUBSIDY PAYMENTS ARE BEING MADE BY DHCD ON BEHALF OF CDHC AND THE HOSPITAL.
IN EARLY 2019, CDHC RECEIVED ITS FIRST REQUEST FOR FINANCING OF AN AFFORDABLE HOUSING DEVELOPMENT IN DOWNTOWN. THE HOWARD COUNTY HOUSING COMMISSION (COMMISSION) REQUESTED GAP FINANCING IN AN AMOUNT NOT TO EXCEED $2.5M FOR ARTISTS FLATS. THE REQUEST EXPLAINED THAT THE COMMISSION, IN PARTNERSHIP WITH ORCHARD DEVELOPMENT, WOULD BE DEVELOPING THE TOBY'S SITE TO INCLUDE A NEW CULTURAL CENTER, A PARKING GARAGE, AND ARTISTS FLATS APARTMENTS, A MIXED-INCOME COMMUNITY OF APPROXIMATELY 174 TOTAL UNITS, WITH 50% AFFORDABLE.CDHC, ACTING THROUGH ITS FINANCE AND EXECUTIVE COMMITTEES, CONDUCTED DUE DILIGENCE, REVIEWING THE PROJECT'S BUDGET, UNIT COUNT, AND DESIGN, AND HOLDING DISCUSSIONS WITH COMMISSION STAFF. CDHC'S FUND TOTALED $8.2M WITH ITS USE LIMITED TO ACTIVITIES THAT FURTHER FULL SPECTRUM, BELOW MARKET HOUSING IN DOWNTOWN. ARTISTS FLATS APARTMENTS MET THAT CRITERIA FOR THE USE OF THE FUND, AND MEMBERS OF THE FINANCE AND EXECUTIVE COMMITTEES DETERMINED THAT THE GAP FINANCING WAS NEEDED TO MAKE THE DEVELOPMENT FINANCIALLY FEASIBLE AND THAT THE COMMISSION AND ITS TEAM MADE COMMERCIALLY REASONABLE EFFORTS TO SECURE ALL TRADITIONAL FINANCING SOURCES.THE COMMISSION WAS SUCCESSFUL IN ITS APPLICATION FOR LOW INCOME HOUSING TAX CREDITS PROGRAM (LIHTC), AND ARTISTS FLATS WAS NOTIFIED OF ITS AWARD IN THE SUMMER OF 2019. CLOSING ON THE LAND ACQUISITION IS ANTICIPATED FOR LATE 2020, AND CDHC HAS REACHED OUT TO THE COMMISSION TO BEGIN NEGOTIATION OF THE NECESSARY LOAN DOCUMENTS FOR CLOSING.IN LATE 2019, THE COMMISSION INDICATED THAT IT WAS MAKING GOOD PROGRESS ON THE NEW LIBRARY RESIDENCES AND WAS HOPING TO SUBMIT ANOTHER LIHTC APPLICATION IN THE SPRING OF 2020.
Executives Listed on Filing
Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing
| Name | Title | Hours Per Week | Total Salary |
|---|
| Rev Dr Robert Turner | DIRECTOR | 1 | $0 |
| Russell K Snyder | DIRECTOR | 1 | $0 |
| Peter Morgan | DIRECTOR | 1 | $0 |
| Rev Mary Ka Kanahan | DIRECTOR | 1 | $0 |
| Christopher Fritz | DIRECTOR | 1 | $0 |
| Gregory Fitchitt Ex Officio | DIRECTOR | 1 | $0 |
| John Dezinno | DIRECTOR | 1 | $0 |
| Jolly Burks | DIRECTOR | 1 | $0 |
| Jeryl Baker | DIRECTOR | 1 | $0 |
| Bruce Rothschild | DIRECTOR,SECRETARY | 2 | $0 |
| Bethany H Hooper | DIRECTOR, TREASURER | 2 | $0 |
| Patricia Rynn Sylvester | BOARD CHAIR, PRESIDENT | 6 | $0 |
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public 990 form dataset) from:
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