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It’s a Team Game: Forging Public-Private Partnerships to Revitalize Lewiston’s Housing Stock – Lewiston / Auburn Breakfast Seminar

November 10, 2010 - 7:30AM
to 9:00AM

Hilton Garden Inn, Auburn Riverwatch
14 Great Falls Plaza
Auburn, ME



About the Event:

Online registration for this event is now closed. Please contact MEREDA at 874-0801 for more details.

Buffet Breakfast:  7:30 AM ~ Program:  8:00 – 9:00 AM

Lewiston’s downtown housing landscape features many significant challenges. We have some of the oldest housing stock in the State—over 70% of our downtown rental housing was built before 1940—and the residents in this area have among the State’s highest poverty rates.  Many of these properties have effectively outlived their useful life, and rents in the market do not provide owners with enough equity to sufficiently re-invest in physical improvements to the properties.

Over the past decade, Lewiston has embarked upon an effort to infuse the local market with higher quality, affordable housing options.  Our efforts to date have ranged from new construction to adaptive re-use, from townhomes to large-scale apartment complexes, from family to senior living.   Since 2003, over 150 new units have been built or are in various stages of development.

Of course, it today’s development environment, no one entity can afford to build new housing alone.  The City has reached out to development partners, both private and non-profit, and “mixed and matched” various funding sources to assemble viable development projects. 

Today’s presentation will discuss the strategies and challenges to developing successful affordable housing projects in today’s economy and discuss when and how municipalities can play a role in making these deals happen.

Join us on Wednesday, November 10, 2010 from 7:30 – 9:00 AM at the Hilton Garden Inn, Auburn Riverwatch.   An RSVP is requested on, or before, November 4, 2010.


Meet our Panelists:

JIM HATCH has over two decades of experience developing affordable housing. He has worked with non-profit groups and municipalities to create a wide range of successful housing projects, including single-family subdivisions, group homes, assisted living, and rental and condominium communities. Jim has brought dozens of projects through the real estate development process, including site acquisition, recruitment and management of the development team, land use approvals, financing through banks and public agencies, and construction management. He has a very successful track record in obtaining grants and subsidy financing for his clients' projects from sources ranging from CDBG to Federal Home Loan Bank of Boston. Jim is personally committed to creating housing that is sustainable and obtainable.

DENNIS LAJOIE is the Director of Real Estate & Subsidiary Operations for Community Concepts, Inc, a non-profit corporation based out of South Paris that offers a variety of services to promote self-sufficiency within the communities of Androscoggin, Franklin and Oxford Counties.  Dennis also serves as the Director of Community Concepts Finance Corporation, a wholly owned subsidiary of Community Concepts, Inc. providing loans and other services for small or growing businesses. Dennis started with CCI in 1982 and has held numerous positions within the agency, including mostly recently as Director of Housing and Real Estate Development.

MARK MCCOMAS is the Acting Director of Economic and Community Development for the City of Lewiston.  Mark has primary responsibility for administering the City’s Community Development Block Grant (CDBG) and HOME funds, as well as the housing and commercial loan programs associated with them.  Mark also serves as the City’s primary liaison with developers interested in affordable housing development in Lewiston.  Prior to joining the City in 2006, Mark worked on housing and social services programs in local government in Ohio and Kentucky, both as a municipal employee and private consultant, for 10 years. 



News About This Event:

10/08/2010   MEREDA Hosts Breakfast Seminar Focusing On Forging Public-Private Partnerships To Revitalize Lewiston's Housing Stock   Release
 
 
Materials Related To This Event:

Lewiston / Auburn Breakfast Seminar - Event Mailer   PDF
 
 


 

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