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D3G'S Stephen Evanko Recognized as Home Innovation NGBS Green Partner of Excellence

Midlothian, VA, February 25th –Stephen Evanko, Managing Director of Energy & Sustainability for Dominion Due Diligence Group (D3G) has been named a Home Innovation NGBS Green Partner of Excellence for 2017. NGBS Green, which is based on the National Green Building Standard™ (NGBS), has certified more homes than any other national green home certification program thanks in large part to its knowledgeable in-field verifiers. Being one of an elite group of Home Innovation’s green certification program partners to be recognized validates the commitment Stephen has made to providing customers with increased value, professionalism, and relevance in the marketplace through third-party verification to the NGBS.

“What a year!” said Home Innovation Vice President Innovation Services Michelle Foster. “NGBS Green celebrated its 100,000th NGBS Green Certified home in March 2017, and less than a year later we have certified an additional 28,000+ homes. In 2017 we also marked the first 2015 NGBS Green Certified home; started development of the 2018 NGBS, which will now cover mixed-use multifamily buildings; and Home Innovation was selected as ENERGY STAR MRO for high-rise multifamily buildings. We could not have attained all these milestones – while at the same time continuing to provide an affordable, rigorous certification program that provides value to the entire residential construction industry – without dedicated partners like Stephen.”

Stephen’s firm, Dominion Due Diligence Group, supports multifamily projects pursuing HUD financing.  In 2016, HUD launched the Green Mortgage Insurance Premium Reduction that offered Multifamily projects up to 40 basis point for pursuing energy-efficient design and green building certifications. 

As an accredited NGBS Green Verifier, Stephen and his team have provided NGBS green building consulting verification and energy modeling services for ~100 projects that have pursued this incentive.  NGBS Green Verifiers are trained, tested, and accredited by Home Innovation to ensure consistency and rigor across the country for NGBS Green Certifications across the country.

“HUD’s Green Mortgage Insurance Premium Reduction Program is a phenomenal program with a great return on investment for developers but there are a lot of steps and requirements. NGBS is a great solution and we enjoy helping developers through the process to secure the rate reduction and deliver a quality building, said Evanko.”

To earn certification to the National Green Building Standard, a home must meet rigorous criteria in six categories – Lot & Site Development; Resource Efficiency; Energy Efficiency; Water Efficiency; Indoor Environmental Quality; and Homeowner Education. There are mandatory practices in each category that every NGBS Green Certified home must meet, and there are a wide range of additional optional practices in each category that a builder can select based on the applicability to buyers or renters in their market. There are also mandatory point minimums in every category in order for a home to attain the next level of certification, which is a more stringent requirement than in any other national certification program.

Since January 2009, when the National Green Building Standard (NGBS) became the first residential green building rating system to be approved by the American National Standards Institute (ANSI), Home Innovation Research Labs has certified nearly 130,000 green single-family and apartment homes, and more than 1,650 lots within green residential land developments. (For more details on current certification numbers, visit www.homeinnovation.com/ngbsgreenstats.) For more information on NGBS Green Certified homes and Home Innovation’s NGBS Green Partner home builders and remodelers, visit www.NGBS.com.

 

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ABOUT D3G: Since 1994, Dominion Due Diligence Group (D3G) has been navigating the nation’s most complex housing and healthcare projects. D3G was the original third party due diligence consultant to concentrate on the HUD-FHA-MAP mortgage insurance industry and has since grown into a full-service Environmental and Engineering real estate due diligence company. Our third-party reporting is used for HUD-FHA, SFHA, Fannie Mae, Freddie Mac and conventional financial transactions. D3G has helped shape the affordable housing preservation industry by presenting environmental, property and sustainability solutions to our Lenders, Borrowers, General Contractors, Design Professionals and Equity Partners. D3G has a full energy and sustainability team offering an extensive suite of services including; energy benchmarking, energy audit, energy modeling and green building consulting and verification.

ABOUT HOME INNOVATION RESEARCH LABS: Home Innovation Research Labs, located in Upper Marlboro, Md., is a full-service research, testing, and consulting firm determined to improve the quality, durability, affordability, and environmental performance of single- and multifamily homes and home building products – in short, we aim to perfect the home. Founded in 1964 as a subsidiary of the National Association of Home Builders (NAHB), our team has been integral in solving many of our client’s most difficult product and technology issues, and helping to introduce some of the most groundbreaking innovations in residential construction. Through an interdisciplinary research approach – including market research, building science analysis, laboratory testing, and standards development – we help to find a home for innovation in the residential construction industry.

 

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Federal Home Loan Bank of Atlanta Announces New Advisory Council Members

ATLANTA, Feb. 15, 2018 (GLOBE NEWSWIRE) -- Federal Home Loan Bank of Atlanta (FHLBank Atlanta) announced today that it has appointed two members to its Affordable Housing Advisory Council.

New Members:

Rob Hazelton has vast experience with multi-family housing preservation as it relates to capital needs, architectural design, construction cost estimation, energy conservation, and environmental issues. Mr. Hazelton has worked in all 50 states for the preservation of multifamily and senior housing under the LIHTC Qualified Allocation Plans. He has been involved with the HUD Multifamily Accelerated Process Guide since inception, and is proficient in the FHA-HUD multifamily mortgage insurance markets. Frequently asked to provide technical services for HUD’s many pilot and demonstration programs, Mr. Hazelton is currently working with the LIHTC Pilot, the Rental Assistance Demonstration, Moving to Work, and self-managed Energy Performance Contracting. He was appointed to the Virginia Statewide Independent Living Council by former Gov. Mark Warner, and he continues to support local organizations which service the senior and disabled communities. Mr. Hazelton is an active board member of a Richmond Regional Energy Alliance, focused on bringing energy awareness and efficiency to disadvantaged communities. He is a graduate of Bucknell University and resides in Richmond, Virginia.

Christie V. Smith is executive director of Neighborhood Housing Services of Richmond, Inc. (NHSR), a community development corporation and community development financial institution. NHSR’s mission is to present opportunities for low- and moderate-income families preparing to purchase affordable homes, and to strengthen communities in Richmond and other areas of Virginia. Ms. Smith has served in a variety of capacities at NHSR, including as Homeownership Manager, Housing Counselor, and CRA Officer. She is currently active with the Virginia Association of Housing Counselors (VAHC), the National Association of Professional Women, the National Credit Union Association, and the African-American Credit Union Coalition. Ms. Smith holds a certificate of completion from the Mosley-Flint School of Real-Estate, is a certified FHA Direct Endorsement Underwriter, is certified under the VA’s Lender Appraisal Processing Program, is a VAHC certified Housing Counselor, is a HUD certified Default Counselor, and is a Virginia Housing Development Authority Train the Trainer facilitator. She develops underwriting guidelines for CRA products and NHSR loan products, and she approves, funds, and sells mortgage loans to the secondary markets. Ms. Smith holds a Bachelor of Arts degree in Business Administration and Criminal Justice, and a Master of Business Administration degree from the University of Richmond.

About the Affordable Housing Advisory Council 
FHLBank Atlanta’s Affordable Housing Advisory Council comprises 15 representatives from a diverse group of community and nonprofit organizations actively involved in providing or promoting low- and moderate-income housing and community lending within FHLBank Atlanta’s district. The Advisory Council provides advice to FHLBank Atlanta’s board of directors regarding ways in which the Bank can enhance the effectiveness of its housing finance and community lending mission.

About the Federal Home Loan Bank of Atlanta
FHLBank Atlanta offers competitively-priced financing, community development grants, and other banking services to help member financial institutions make affordable home mortgages and provide economic development credit to neighborhoods and communities. The Bank's members—its shareholders and customers—are commercial banks, credit unions, savings institutions, community development financial institutions, and insurance companies located in Alabama, Florida, Georgia, Maryland, North Carolina, South Carolina, Virginia, and the District of Columbia. FHLBank Atlanta is one of 11 district banks in the Federal Home Loan Bank System. Since 1990, the FHLBanks have awarded approximately $5.4 billion in Affordable Housing Program funds, assisting more than 827,000 households.

For more information, visit our website at www.fhlbatl.com.

D3G RAD Work in January RADTalk Newsletter

Every time I get a RADBlast and the RADTalk newsletter I get excited to see the statistics of the program and transformation project highlights. To date 818 public housing properties have been converted, resulting in 88,000 preserved units. And because D3G has worked on over 790 RAD properties totaling greater than 110,000 units, we commonly see our achievements championed by HUD! D3G was an integral team member on this month’s RADTalk showcase properties in San Francisco and Cleveland. Keep up the great work Office of Recapitalization!

https://www.hud.gov/sites/dfiles/Housing/documents/RAD_Jan2018_Newsletter%20013118.pdf

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D3G Provides One Stop Green MIP Shop for Walker Dunlop Deal

Congratulations to longtime client Walker Dunlop on securing a $15.5 million HUD loan for the construction of Manseau Flats, a multifamily project located outside of Lambeau Field. This project is expected to qualify for the National Green Building Standard designation, work that D3G supported as part of our one stop shop for Green MIP. We also delivered a range of due diligence services and reports for this project including, a Statement of Energy Design (SEDI), pre-construction radon mitigation review and an Arch and Cost Review. 

http://rebusinessonline.com/walker-dunlop-arranges-15-5m-hud-loan-for-construction-of-multifamily-project-near-lambeau-field-in-wisconsin/

 

D3G Works on $60 Million Dollar Walker Dunlop Deal

Congratulations to long-time client Walker Dunlop on their arrangement of a $61 million dollar HUD loan for Bozzuto Development on Monarch at Waugh Chapel, a multifamily project located in Gambrills, Maryland.

D3G was tasked to support multiple facets of the FHA-loan due diligence process. Our Architectural, Engineering and Cost department provided a pre-application review as well as a full 221(d4) A/e plan and cost review. Our Energy team provided the required studies for the property to achieve the MIP reduction to 25 bps. D3G’s Environmental Team provided complex Phase 1 ESA, Phase 2 investigation, and NEPA studies inclusive of floodplain mitigation.   

This project demonstrated how important a knowledgeable and integrated team is to a successful FHA loan application! 

http://markets.businessinsider.com/news/stocks/Walker-Dunlop-Provides-61-Million-Loan-for-New-Bozzuto-Apartment-Community-1007083893

 

 

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