Housing Virginia
205 N Robinson Street
Richmond VA 23220
Mission Statement

That all Virginians should have access to high-quality, affordable housing in suitable locations. Housing Virginia was founded in 2004 as a nonprofit, 501(c)(3) organization, believing that its mission is to increase access to high-quality affordable housing in suitable locations for all Virginians

We accomplish our mission by promoting a positive image of affordable housing, demonstrating the need for affordable housing throughout Virginia, supporting the work of local and regional housing networks to educate, communicate and advocate for affordable housing, influencing public policy and planning to enhance the supply and quality of affordable housing, encouraging the development of a supportive administrative, regulatory and financial environment, and convening key stakeholders to advance forward-looking housing policy development.
Leadership
CEO/Executive Director Bob Adams
Board Chair Kit Hale
Board Chair Company Affiliation MKB Realtors
Contact Information
Address 205 N Robinson Street
Richmond, VA 23220
Telephone 804 915-6729
Fax 804 915-9425
E-mail admin@housingvirginia.org
History and Background
Year of Incorporation 2004
Financial Summary
Revenue vs Expense Bar Graph - All Years
Expense Breakdown Bar Chart - All Years
 
 
Projected Revenue $291,000.00
Projected Expenses $291,000.00
Statements
Mission

That all Virginians should have access to high-quality, affordable housing in suitable locations. Housing Virginia was founded in 2004 as a nonprofit, 501(c)(3) organization, believing that its mission is to increase access to high-quality affordable housing in suitable locations for all Virginians

We accomplish our mission by promoting a positive image of affordable housing, demonstrating the need for affordable housing throughout Virginia, supporting the work of local and regional housing networks to educate, communicate and advocate for affordable housing, influencing public policy and planning to enhance the supply and quality of affordable housing, encouraging the development of a supportive administrative, regulatory and financial environment, and convening key stakeholders to advance forward-looking housing policy development.
Impact

Accomplishments:

  1. Produced, distributed, and promoted a study on the impact of energy efficient design and construction on Low Income Housing Tax Credit (LIHTC) housing in Virginia with Virginia Tech’s Virginia Center for Housing Research. This study was the first in Virginia to compare actual utility usage data with savings projections to show that Virginians in energy efficient homes can save up to $648 a year on energy bills, reinforcing the Virginia Housing Development Authority’s standards for energy efficient construction in LIHTC properties.
  2. Gathered 200 housing and education professionals at Virginia Commonwealth University for the second year in a row for a housing and schools symposium to discuss joint policy solutions for both housing and educational fields.
  3. Launched two new Economic Impact Calculator tools for Residential New Construction and Acquisition/Rehab on our web-based housing affordability toolkit, Sourcebook, with the Virginia Center for Housing Research. These calculators estimate job creation, gross fiscal revenues, and economic growth due to new or rehab residential construction in the short term and the long term, and they were used to create economic impact data sheets that were brought to Virginia representatives in U.S. Congress by the Virginia Housing Coalition.

 

Goals:
  1. Spring 2016: The production of a neighborhood and schools policy guide with our partners at the VCU Center for Urban and Regional Analysis and School of Education to help guide individual communities to create a dialogue with local government and neighborhood leaders on the connection between housing and schools.
  2. 2015: The implementation of a series of statewide regional workshops that teach housing professionals how to overcome NIMBY (Not In My Back Yard) when developing affordable housing in their locality.
  3. Fall 2015: The launch of a “Housing and Health” policy project to highlight connections between both sectors and to find joint policy solutions.

 

Needs
Housing Virginia needs donations for our programs and research that help promote and educate about affordable housing initiatives around the Commonwealth, including:
  • Our original research and convening opportunities that connect housing to other important issues. Currently, Housing Virginia is creating a Housing and School Policy Guide to be used at local meetings, and will soon begin to work on the connection between where you live and your health;
  • Our training programs and webinars that help practitioners in the field to make more affordable housing options available to those who need them. Our current efforts include regional sessions that teach how to address community concerns about affordable housing, and our webinar series that highlights our online tools, including our recent economic impact calculator; and
  • Operational support for our experienced staff, travel expenses, and overhead costs.
Background

Housing Virginia began its work with a statewide marketing strategy that drew attention to the critical need for more affordable housing options within the Commonwealth.  Over the past 10 years, the organization has expanded its approach to address the specific housing development challenges unique to each region within Virginia.

Housing Virginia strives to increase the supply of affordable housing choices by providing state and local leaders with up to date housing research, proven approaches and effective community education strategies.  Together with a diverse group of stakeholders in localities across the commonwealth, Housing Virginia works to dispel common myths about affordable housing and the concerns that those myths create through education and the demonstration of successful methods.  Housing Virginia does not finance or produce affordable housing for consumers, nor does it directly lobby for legislative changes; rather, Housing Virginia enhances the success of organizations that work in these areas by providing a network of experts, accurate and up to date information, and proven techniques to support their efforts.

 
A significant factor in Housing Virginia’s success has been its active board of directors, which includes housing professionals from across the commonwealth with expertise in housing development, finance, sales, and policy.  The board includes leaders from the for-profit, nonprofit and public sectors. This diversity of experience has allowed Housing Virginia to understand housing from a variety of perspectives, filling gaps in information, and in the process making Housing Virginia an invaluable partner in advancing affordable housing opportunity.  Susan Dewey, Executive Director of the Virginia Housing Development Authority and one of the founding members of Housing Virginia notes that "the board is the source of Housing Virginia's success. The range of viewpoints when we come together allows us to approach the task of making the case for affordable housing in ways that are unique and comprehensive.  We are able to express the benefits of this housing from all of our varied perspectives."
Areas of Service
Areas Served
Area
Statewide
Board Chair
Board Chair Kit Hale
Company Affiliation MKB Realtors
Term June 2015 to June 2017
Email khale@MKBRealtors.com
Board of Directors
Board Members
NameAffiliation
Ryan Ammann BB&T
Orlando Artze Orlando Artze Consulting
Anthony Barni Dominion Virginia Power
J.G. Carter Union Mortgage Group
Heather Crislip Housing Opportunities Made Equal of Virginia
Susan Dewey Virginia Housing Development Authority
Basil Gooden US Department of Agriculture - Rural Development
Michelle Krocker Northern Virginia Affordable Housing Alliance
Laura Lafayette Richmond Association of REALTORS
Steve Lawson The Lawson Companies
Overton McGehee Habitat for Humanity of Virginia
Toni Ostrowski Virginia Housing Development Authority
Vaughn Poller James City County Government
Andrew Ryan Commonwealth Partnerships
Carrie Schmidt US Department of Housing and Urban Development
Bill Shelton Virginia Department of Housing and Community Development
Jenny Wortham Virginia Association of REALTORS
Board Demographics - Ethnicity
African American/Black 2
Asian American/Pacific Islander 0
Caucasian 15
Hispanic/Latino 1
Native American/American Indian 0
Board Demographics - Gender
Male 11
Female 7
Governance
Board Term Lengths 2
Board Term Limits 0
Written Conflict of Interest Policy? No
Percentage Making Monetary Contributions 100
Number of Full Board Meetings Annually 6
Standing Committees
Communications / Promotion / Publicity / Public Relations
Program / Program Planning
Development / Fund Development / Fund Raising / Grant Writing / Major Gifts
Board Governance
Other Boards
The tables below contain information about other groups that advise this nonprofit on operations and projects.
Executive Director
Executive Director Bob Adams
Experience
Bob Adams has a wide, diverse expertise in both housing finance and public policy. After joining Housing Virginia as its Executive Director, the organization significantly expanded its organizational capacity and array of regional programs, including the innovative traveling lecture series Housing2020.
 
Bob previously served as the Executive Vice President & Chief Operating Officer of Community Housing Partners for nearly a decade. During his tenure, CHPC significantly expanded its multifamily development activity and created a Neighborworks Homeownership Center serving Hampton Roads.
 
His resume includes leadership positions at the National Low Income Housing Coalition, Virginia Department of Housing & Community Development, and Virginia Housing Development Authority. Bob serves on a variety of national and local Boards and Advisory Committees including the Advisory Council of the Federal Home Loan Bank of Atlanta and the Board of Directors of the Richmond Redevelopment and Housing Authority.
Staff
Part Time Staff 3
Plans
Organization has a Fundraising Plan? Yes
Organization has a Strategic Plan? Under Development
Programs
Description

SOURCEBOOK reflects a joint effort of Housing Virginia, the Virginia Association of REALTORS, and the Virginia Center for Housing Research at Virginia Tech that allows users to access a wide range of affordability measures and housing market activity indicators to determine housing need in Virginia. Since its launch in 2010, HV has also added tools such as a “Paycheck to Paycheck” feature that shows if workers in selected occupations can afford to own housing based on their average salaries, an Affordability Calculator that shows the maximum rent or home price affordable based on income by jurisdiction, and an Economic Impact Calculator that shows the economic benefits of affordable housing to local communities.

Data is updated quarterly and relayed to stakeholders via e-mail newsletters. Once stakeholders are able to demonstrate the need for affordable housing in their areas using reliable data, they can then start the process of determining the best ways to address that need.
Description

Since 2010, Housing Virginia has produced topical research paired with policy symposia around the state to demonstrate how affordable housing is linked to other policy areas. Starting with “Housing & Transportation” regional symposia in 2010-11, we have continued with “The Effects of Housing on the Local Economy” in 2012, “A Symposium on Federal Housing Policy Change” in 2013, and “Housing & Schools” symposia in 2014 and 2015.

This most recent topic brought 200 housers and educators together in Richmond two years in a row to discuss policy solutions for both fields. We are currently looking into developing a “Neighborhoods & Schools Policy Guide” similar to our “Overcoming NIMBY” workbooks to be distributed to community leaders who are ready to push for policy changes at their local government levels. The policy project for 2016 will explore the connections between “Housing & Health”.
Description

An extensive online database that provides information about affordable housing programs by type and location. Housing Virginia guides stakeholders to next steps using PLAYBOOK, a tool that shows successful approaches that are being used in other areas across the state, so they do not need to “re-invent the wheel.” In this way, Housing Virginia is providing information about housing need first, and then helping further by showing options for addressing that need.

As with SOURCEBOOK, the data for PLAYBOOK is compiled and maintained by the research team at the Virginia Center for Housing Research at Virginia Tech. While SOURCEBOOK is updated quarterly, PLAYBOOK is updated every two years.
Description

Since 2013, Housing Virginia has been working on a project series that encompasses a wide range of tools, resources, and training under the umbrella of “Overcoming NIMBY (Not In My Back Yard)”. In a project called “Housing StoryWorks”, Housing Virginia produced 32 short video interviews with affordable housing providers, clients, and supporters to highlight the value and need for quality affordable housing throughout Virginia. These videos are available online for anyone to use in presentations, meetings, or PSA campaigns.

In 2015, Housing Virginia staff produced and began offering Overcoming NIMBY training workshops at strategic regional locations around the state. These interactive training courses provide community leaders with the necessary tools and information to overcome a NIMBY situation when developing affordable housing. Each attendee receives a workbook to help guide them in creating a communications plan and long-term community outreach strategy for success.
Description

In 2015, Housing Virginia & the Virginia Center for Housing Research at Virginia Tech released a groundbreaking study titled “The Impact of Energy Efficient Design and Construction on LIHTC Housing in Virginia”. This study used actual utility usage data from Low Income Housing Tax Credit properties all over the state of Virginia to compare to savings projections developed by the state’s leading energy efficiency features certifying organization, EarthCraft Virginia. The results show that, on average, energy efficient apartments perform 17% better than their forecast consumption and their residents save an average of $648 a year on their electricity bills. At someone earning only 30% of the Area Median Income, this makes their home almost 10% more affordable.

The next phase of this study will explore resident & management education modules to further increase affordability through energy efficient practices. The research team also wants to expand the study’s scope over volume & time.
Fiscal Year
Projected Revenue $291,000.00
Projected Expenses $291,000.00
Form 990s
IRS Letter of Exemption
Detailed Financials
Expense Allocation
Fiscal Year201520142013
Program Expense$432,037$487,051$448,329
Administration Expense$29,201$41,905$19,909
Fundraising Expense----$16,450
Payments to Affiliates------
Total Revenue/Total Expenses0.840.751.30
Program Expense/Total Expenses94%92%92%
Fundraising Expense/Contributed Revenue0%0%3%
Assets and Liabilities
Fiscal Year201520142013
Total Assets$204,648$280,646$410,271
Current Assets$204,648$280,646$410,271
Long-Term Liabilities$0----
Current Liabilities$0----
Total Net Assets$204,648$280,646$410,271
Short Term Solvency
Fiscal Year201520142013
Current Ratio: Current Assets/Current Liabilities------
Long Term Solvency
Fiscal Year201520142013
Long-Term Liabilities/Total Assets0%0%0%
Capital Campaign
Currently in a Capital Campaign? No
State Charitable Solicitaions Permit
Solicitations Permit
Solicitations Permit Application 10/2015View