New York, NY (PRWEB) December 06, 2012
Today, leaders from the affordable housing industry will gather to recognize four award recipients for their significant contributions in creating and revitalizing affordable homes and communities at the New York Housing Conference (NYHC) and the National Housing Conference (NHC) 39th Annual Awards Program, one of the largest gatherings of housing professionals in the nation. The nearly 1,300 government officials and affordable housing leaders in attendance at the Hilton New York in Manhattan will also come together to support the ongoing recovery process following Superstorm Sandy.
“The Awards Program will provide an excellent forum for leaders in the housing industry to assemble and address the challenges facing New Yorkers as we recover from Superstorm Sandy,” said Judy Calogero, CEO of the New York Housing Conference. “Everyone in attendance has been working hard to find solutions to help communities impacted by Sandy. At the same time, the Program will give us an opportunity to thank the honorees for driving innovation in affordable housing by building fruitful relationships, implementing new programs, and building solid communities through revitalization and construction throughout the year.”
“NHC is proud to stand with the New York Housing Conference to recognize those who have made significant contributions for housing in the last year,” said Chris Estes, National Housing Conference President and CEO. “We are committed to being a vital source of information and a strong advocate for affordable housing at the state, local and national levels. Given the disruption of Hurricane Sandy, ensuring the provision of affordable housing is now more important than ever. We look forward to partnering with NYHC in highlighting the importance of affordable housing to community well-being and the economy.”
This year’s Award Program Honorees have contributed to various aspects of affordable housing:
- Empire Award for Leadership in Affordable Housing – J. Ronald Terwilliger
J. Ronald “Ron” Terwilliger has a lifetime of real estate and development experience, having worked as CEO of Trammell Crow Residential for 22 years and served as chair of numerous affordable housing and development board committees. He has given a number of substantial financial contributions to causes related to affordable housing, including: a $5 million gift to establish the ULI Terwilliger Center for Housing, a $5 million gift to Enterprise to establish the Enterprise Terwilliger Fund, and a $100 million legacy gift to Habitat for Humanity International. In addition, Ron has also given substantially of his time, helping rebuild in Louisiana and Mississippi following Hurricane Katrina, as well in tsunami-affected areas in Thailand and Indonesia.
- Private Developer of the Year − The Arker Companies
Founded in 1949, The Arker Companies is a third generation private developer that has been serving the affordable housing community for over half a century. The Arker Companies has become a major leader in the New York real estate development industry, building single-family housing developments, medical office buildings, and high-rise office towers as well as garden apartments, landscaped gardens, and even golf courses. The Arker Companies stands out among other private developers because of a commitment to revitalizing and building communities through affordable housing. Examples of that commitment include: a community plan that allowed former residents to return to the newly renovated, 240-unit Markham Gardens project on Staten Island after the New York City Housing Authority deemed it unsafe; the construction of the Bronx Park Apartments, a seven-story, mixed-use building consisting of 74 units of affordable housing and 11,000 square feet of commercial space on the site of a former gas station and auto repair shop; and an agreement through the Office of Mental Health to introduce supportive housing as a component of its affordable housing work.
- Nonprofit of the Year − NeighborWorks® America, Northeast Region, Deborah Boatwright, Regional Director
NeighborWorks America is comprised of a robust network of 235 independent, community-based nonprofit organizations that work together to create opportunities for people to live in affordable homes, improve their lives, and strengthen their communities. The Northeast Region, spearheaded by Northeast Regional Director Deborah Boatright, includes 80 organizations operating in 11 states. Under Deborah’s leadership, Neighborworks has introduced successful programming that includes: NeighborWorks’ Achieving Excellence program, an 18-month executive leadership program offered in conjunction with Harvard University that provides non-profit community development executives the opportunity to travel, engage with their peers, and develop best practices; the NeighborWorks Center for Foreclosure Solutions, which builds capacity among foreclosure counselors around the nation, conducts public outreach campaigns to reach struggling homeowners, and researches local and national trends to develop strategic solutions; and the NeighborWorks Training Institute, which brings placement training to specific regions, offering professional certificates in eight content areas that raise the bar for excellence in community development practice.
- Public Service Award – The Mayor Michael R. Bloomberg Administration for the New Housing Marketplace Plan
Initially launched in 2003, Mayor Michael R. Bloomberg’s New Housing Marketplace Plan (NHMP) is the most ambitious, forward-thinking affordable housing plan in the history of the country. The New York City Department of Housing Preservation and Development (HPD) and the New York City Housing Development Corporation (HDC) have worked with many partners in the New York affordable housing and real estate sector to finance the creation or preservation of 165,000 units of affordable housing by 2014, making the NHMP the largest municipal housing effort in the nation’s history. These units represent a mix of rental and homeowners, multi-family and small homes, various unit sizes and a range of incomes across all five boroughs. The Plan has also served as an economic catalyst, injecting capital into distressed neighborhoods and creating jobs that contribute to the City’s overall vitality. As of mid-2012, the Plan has created more than 125,000 construction and construction-related jobs, with an estimated 150,000 such jobs created by 2014. In addition, for every dollar of HPD and HDC investment through Fiscal Year 2011, $3.4 billion in private funding has been leveraged, bringing the total dollar amount invested to create or preserve 123,000 affordable housing apartments to more than $19 billion.
"I am honored to be recognized by the New York Housing Conference and National Housing Conference," said Ron Terwilliger. "I care deeply about my efforts to help families have affordable homes, and I'm grateful to be able to serve this industry. My greatest hope is that my support of affordable housing will help motivate others to donate their time and resources to find causes that they can support just as passionately."
“We are honored to accept this award,” said Mathew M. Wambua, Commissioner of HPD. “The New Housing Marketplace Plan, as originally envisioned, was created to capture opportunities to develop and preserve affordable housing by every means possible – from creating new incentives and financing tools to rezoning areas that had been unavailable for housing development. It is unequalled in its scope and its results. For every dollar invested by the City, the Plan has leveraged $3.42 in other funding for a total commitment of more than $21 billion for the creation or preservation of nearly 142,900 units of affordable housing across the five boroughs. This award was earned by our other not-for-profit, private sector and government partners as much as it has been by the hard-working men and women at HPD and HDC.”
In addition to the awards ceremony, the 39th Annual Awards Program will feature six symposiums covering a range of challenges faced by the affordable housing industry, including:
- “Inside the Beltway”
- Preservation Case Studies
- Multi-Family Financing Trends
- The Low Income Housing Tax Credit Program
- Veterans Housing
- Foreclosure Recovery Models for Community Stabilization
Wells Fargo is the lead sponsor of this year’s awards program.
“Wells Fargo is honored to support the 39th Annual Awards Program and the affordable housing community,” said Alan H. Wiener, Managing Director of Wells Fargo Multifamily Capital. “We believe in the work that this event’s attendees are doing every day and hope that our support can help our local partners year-round as well as in Sandy recovery efforts.”
Founded in 1973 by Clara Fox, an icon in the affordable housing industry, the NYHC joined NHC as its first regional affiliate in 1976. NYHC advocates for the housing needs of all New Yorkers through positive change in public policy and promotes adequate resources, workable regulations and to raise public awareness of the need for and benefits of affordable housing. The Annual Awards Program attracts more than 1,200 attendees comprised of key government officials, leaders in affordable housing, and economic development and social services, as well as private developers, architects, and engineers, financial institutions, nonprofits, trade associations, lawyers, and many others.
About New York Housing Conference
The New York Housing Conference (NYHC) is a broad-based coalition of nonprofit and private developers, owners, managers, professionals, and funders of affordable housing whose goal is decent affordable housing for all New Yorkers. The Conference advocates for their housing needs through affordable housing legislation with adequate funding and workable regulations. NYHC sponsors educational programming and promotes increased public awareness of the need for and benefit of affordable housing and helps to develop effective programs and policies to support New York’s affordable housing priorities.
About National Housing Conference
National Housing Conference (NHC) has been dedicated to helping ensure safe, decent, and affordable housing for all in America since 1931. NHC has earned its strong reputation as the United Voice for Housing by actively engaging and convening its membership in nonpartisan advocacy for effective housing policy solutions at the local, state, and national levels. NHC’s research affiliate, the Center for Housing Policy, develops solutions through research.
About Wells Fargo
Wells Fargo & Company (NYSE: WFC) is a nationwide, diversified, community-based financial services company with $1.4 trillion in assets. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, insurance, investments, mortgage, and consumer and commercial finance through more than 9,000 stores, 12,000 ATMs, the Internet (wellsfargo.com), and has offices in more than 35 countries to support the bank’s customers who conduct business in the global economy. With approximately 265,000 full-time equivalent team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 26 on Fortune’s 2012 rankings of America’s largest corporations. Wells Fargo’s vision is to satisfy all our customers’ financial needs and help them succeed financially.