Building homes to build community

Presentation Title

Building homes to build communityInterfaith Housing Alliance, Inc.Presentation for City of Cumberland Mayor & CouncilMarch 27, 2012Travis Hardmon Vice President of Development & Community RelationsPatricia Motter President & CEO

Interfaith Housing Alliance was founded in 1990 and was designated a 501(c)(3) charitable organization in 1991.Bishop Francis Murphy

IHA Co-Founder and Cumberland Native

Interfaith Housing Alliance was founded in 1990 and was designated a 501(c)(3) charitable organization in 1991.

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Regions Leading Nonprofit Affordable Housing Developer

4Significant Accomplishments

More than 1,100 housing units created (15% in Allegany County)

Over $150 million invested in the communities we serve through public/private partnerships

Have received more than 30 awards for excellence in affordable housingIHA is a certified Community Housing Development Organization (CHDO) in Maryland and Pennsylvania and annually meets MANOs and PANOs Standards of Excellence

IHAs Mission: - provide affordable housing o opportunities and supportive s services - improve the quality of life for t those we serve - strengthen the economic stability o of our shared community

Target Population

Low to moderate income seniors, families and individuals who earn 60% or less than the Area Median Income

In Allegany County the AMI for a family of 4 is $52,300

IHAs Housing First program has 3 components

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Affordable Homeownership and Rental Housing Opportunities#1Need to add a lot of nothing text to take up the entire slide nowFinancial Education: Budgeting and Personal Financial Management Strategies

#2Need to add a lot of nothing text to take up the entire slide nowHousing Counseling: Credit/Debt Management Foreclosure Prevention Strategies

#3Rental HomesIHA owns and manages over 100 apartments in 5 communities

Property Management

IHA also provides these services for other nonprofit organizations

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template all by myself but if I keep typing I am sure something will appear nowWashington RidgeFrostburg, MD

28 Apartments

Completed in 1995, this community represents a $1,900,000 investment in Allegany County, MDNeed to add a lot of nothing text to take up the entire slide because I simply do not know how to design a powerpoint template all by myself but if I keep typing I am sur appear nowServing the residents of Maryland and Pennsylvania since 1990

Partnering with other organizations, IHA has developed a variety of affordable housing solutions for victims of domestic violence.IHA recently partnered with Heartly House in Frederick, MD and constructed the Family Crisis Resource Center for the City of Cumberland in 1996Accomplishments in Allegany County

Community Legacy Self-Help Homeownership, 7 Home Buyer Assistance Program, 13 homesHope III / Project L.I.G.H.T., 27 homesFrostburg, Washington Ridge Family Apts., 28Allegany County Revitalization, 69 homesFamily Crisis Resource Center, 20 bedsPenn Avenue Townhomes, 25 townhomes and Community Clubhouse (still under construction)

25 New Townhomes Under Construction in CumberlandPenn Avenue Townhomes ~ Allegany County, MD

Project Summary25 Townhomes and Community Clubhouse

Affordable to working families earning at or below 50% of the Area Median Income (AMI) for Allegany County, MD

Two, Three and Four Bedrooms available ranging from 1,279 to 1,649 s.f.

Applications for leasing are being accepted

Located at the intersection of East 2nd St. and Pennsylvania Avenue

25 Townhomes and Community Clubhouse

Affordable to working families earning at or below 60% of the Median Income for Allegany County, MD

Two, Three and Four Bedroom Mix

Lease to Purchase Structure

Located at the intersection of East 2nd St. and Pennsylvania Avenue

Benefits Cumberland Offers to its ResidentsResidential neighborhoodClose to great schoolsPublic transportationHealth care facilitiesShoppingBankingPost OfficePlaces of worshipLibrariesRecreational opportunitiesWide variety of restaurantsand much more!

Amenities at Penn Avenue TownhomesCommunity Clubhouse with computer lab, library and kitchen area

Energy Star rated windows to exceed current energy building code by 20%

Energy Star rated appliances including a washer and dryer

Walk in closets and lots of storage space

Private balconies, patios and garages

Central heating and air conditioning

On-site property management

Demolition Begins July 2011

www.interfaithhousing.orgInterfaith Housing Alliance Inc.

Demolition Continues August 2011


Pouring Footers August 2011


Foundation Walls September 2011


Flatwork Ready for Framing October 2011


Framing Begins October 2011


Kick-Off Event October 12, 2011

Special Thanks to the Scarpelli Family for Sponsoring this Eventwww.interfaithhousing.orgInterfaith Housing Alliance Inc.

More Slabs Ready for Framing November 2011


Almost Under Roof December 2011


Three Up and Three to Go January 2012


Way ahead of schedule February 2012


Brickwork Being Installed March 2012


To follow the construction progress, visit IHAs Facebook page at www.facebook.com/interfaithhousing

For more information on Penn Avenue Townhomes, please contact Patti Penn at 301-687-0363


How will IHAs Programs and Services Benefit the City of Cumberland?

Employees that can afford to live where they work are more productive and maintain a higher rate of job satisfaction which encourages workforce stability

Our program participants have better budgeting and cash management skills which enables them to contribute more to the local economy

New construction brings jobs to the community and new homes add to the local tax revenue

www.interfaithhousing.org


Building homes to build community

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