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Mayor Vincent C. Gray Nominates a Diverse Array of Housing Industry Experts to Housing Production Trust Fund Board

Thursday, March 28, 2013
Nominees Bring Deep Affordable-Housing Expertise to Board

(WASHINGTON, DC) – Mayor Vincent C. Gray today announced his nomination of prominent housing professionals to the Housing Production Trust Fund (HPTF) Board. They will be charged with implementing part of the use of his $100 million investment in affordable housing for the District.

The nominees are David C. Bowers, Vice President and Market Leader for Enterprise Community Partners; Stanley Jackson, former Deputy Mayor for Planning and Economic Development and President/CEO of the Anacostia Economic Development Corporation (AEDC); Sue Ann Marshall, Executive Director of The Community Partnership for the Prevention of Homelessness (TCP); Oramenta Newsome, Executive Director of the Local Initiatives Support Corporation (LISC); James D. Knight, Executive Director of Jubilee Housing; M. Craig Pascal, Community Development Specialist, Senior Vice President at BB&T; Robert H. Pohlman, Executive Director of the Coalition for Nonprofit Housing and Economic Development (CNHED); Jacqueline V. Prior, Program Officer at the Cafritz Foundation; and David J. Roodberg, President of Horning Brothers. The nominees to the HPTF Board will be submitted to the D.C. Council for confirmation.

“One of the defining priorities of my administration has been keeping the District One City – a city where everyone can live, work and play, particularly our long-time residents. Through these appointments a solid implementation strategy for the HPTF and other affordable housing priorities will be established, allowing the District to best allocate taxpayers’ dollars and reinvest in the taxpayers at once,” Mayor Gray said. “The professionals whom I nominated to serve on the Housing Production Trust Fund Board will be critical to the success of our affordable-housing-strategy implementation and the presence of affordable housing in the District for years to come.”

The District has moved decisively under Mayor Gray’s leadership to produce or preserve 10,000 affordable housing units by 2020 of affordable housing by 2020. Following the release of the recommendations of the Comprehensive Housing Strategy Task Force 2012, these nominees will be charged with defining the use of funds in the HPTF and making strategic decisions about the use of District funds allocated toward affordable housing initiatives. Such work will further shape the use-implementation strategy for the $100 million in new District revenues Mayor Gray has allocated toward the production and preservation of affordable housing in the District.

The District’s Housing Production Trust Fund Board was created by D.C. Council legislation under the Housing Production Trust Fund Act of 1988 (DC Law 8-133). The purpose of the board is to advise the District – and particularly the Department of Housing and Community Development (DHCD) – on the development, financing and operation of the fund and other matters related to the planning and production of housing for low- and moderate-income households. The HPTF is a permanent, revolving fund organized and administered to facilitate the creation of affordable housing and related activities for District residents through the provision of financial assistance to eligible non-profit and for-profit developers.

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