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NOW! Small Communities Track

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Wednesday 1:45PM - 3:15PM

Penciling Out the Rural Deal
This session will provide key steps to successfully structuring and financing small, rural affordable housing deals. Learn about available financing, the elements of a pro forma and the unique features of acquisition/rehabilitation and new construction projects in small towns and rural communities across Colorado. Participants are encouraged to bring a laptop to the session.

Learning Objectives:

  1. Understanding of conventional affordable housing financing
  2. Gain familiarity with a pro forma/development budget
  3. Learn about unique features and tips for structuring/financing rural affordable deals

Speakers: Housing Development Specialists, Colorado Division of Housing 


Wednesday 3:45PM - 5:00PM

Opening Doors to Affordable Mixed Use Development

This pragmatic session focuses on the specifics of combining LIHTC with Historic Tax Credits. Such strategies can address multiple challenges: preserving historic properties, expanding affordable housing and adding vibrancy to communities through mixed-use. We’ll discuss Colorado’s new state LIHTC program, a fantastic resource for your most challenging revitalization concepts.


Learning Objectives:

  1. Basics of combining Low-Income and Historic tax credits
  2. How to make the calculations necessary to evaluate the financial feasibility of their mixed use project.
  3. How mixed use projects particularly historic rehabs differs from the new construction of strictly residential properties

Speakers: Karen Garritson, Director, National Development Council; Jonathon Goldstein, Advantage Capital Partners; Erin O'Neill, Closing & Acquisitions Manager, National Development Council



Thursday, 10AM - 11:30AM

Colorado's Manufactured Housing Parks - Inventory and Mapping Project
Over 85,000 Colorado households live in manufactured housing across the state which is needed in their communities. DOH has recently completed an inventory of manufactured housing parks to better understand the nature of this housing stock and to inform policy decisions in regards to manufactured housing park rehabilitation/development.

Learning Objectives:

  1. Understand the scope and location of manufactured housing parks across Colorado.
  2. Gain insights into how current affordable housing policy limits could be modified to benefit existing or new manufactured housing parks.
  3. Recognize the unique social and economic challenges facing manufactured housing park residents.

Speaker: Rick Hanger, Housing Technology and Standards Section Manager, Colorado Division of Housing


Thursday, 1:30PM - 2:45PM

Preserving Rural Properties
There are numerous rental communities in rural areas that need substantial renovation and modernization. We will review financing tools available to preserve housing that was financed by USDA Rural Development. Plus, it will include updates from USDA Colorado Multi Family Office and a case study on how to refinance rural portfolios.

Learning Objectives:

  1. USDA financing options
  2. Qualifying for USDA loans
  3. Case study - Portfolio financing with LIHTC and USDA 538

Speakers: Susan McKitrick, Multi Family Housing Program Director, USDA; Aniko Rakita, West Regional Production Officer, Churchill Stateside Group VPP

Thursday, 3:15PM -4:30PM

Strategies for Facilitating Neighborhood Change
With the recovery of the housing market, gentrification and displacement are becoming front-burner issues in Denver and other cities across the country. What is our role beyond developing more units? This interactive workshop will provide a framework for understanding neighborhood change, as well as strategies for equitable and sustainable interventions.

Learning Objectives:

  1. Understanding of what constitutes a healthy neighborhood
  2. Participants will experience the elements of neighborhood confidence and predictability through a group activity ("The Prisoner's Dilemma")
  3. Tools and strategies for effecting positive change in neighborhoods

Speakers: Chad Klawetter, Senior Relationship Manager, Rocky Mountain Region, NeighborWorks America; Elizabeth Wepler, Rocky Mountain Regional Coordinator, NeighborWorks America

Friday, 10AM - 11:30AM

Rural Partnerships for Success
Smaller communities sometimes have limited resources available that are convenient and nearby. On the heel of working on housing, additional items surface such the need for health and education. This workshop dives into this topic and showcases resources available to assist communities to provide their citizens with quality of life in addition to quality housing.

Speakers: Meghan Dollar, Legislative & Policy Advocate, Colorado Municipal League; Tim Goar, Rural Education Council; Veronica Morales, Mountain Family Health Centers 


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