1. Bay Area Ross Program A Student’s Perspective One Year Later… By: Ed Donaldson Bay Area Ross Graduate 2008 SF Housing Development Corp APD Solutions, LLC 4439 Third St 201 Spear St. Ste 1150 S.F., CA 94124 S.F., CA 94105 415.822.1022 Ext 112 415.329.5437 www.sfhdc.org www.apdsolutions.com ed@sfhdc.org edonaldson@apdsolutions.com 1

2. Background Info San Francisco Housing Development Corporation Affordable Housing Developer/Southeast S.F. Housing Counseling Director Certificate of Preference Legislation S.F. Fair Lending Working Group APD Solutions Neighborhood Revitalization Firm Partnerships with NSP recipients Real Estate Financing & Investing Residential & Commercial Loans Small property investing Asset Based Financing Purchase accounts receivables Working capital needs of small/mid-sized businesses PSE Options Broker Derivatives Market Market crash of 1987

3. Win/win outcomes between developers, local gov’t & communities. How to better interpret the real estate cycle. Opportunities depending on stage of real estate cycle. Capital investments and social enterprises. What I Took Away From Program?

6. On-site relocation.

7. Recertification process.

8. Mayor Newsom & Supervisor Maxwell support idea.

9. African American Out-migration Taskforce report.

11. 40% of all residents may not return anyway.

12. Parties speak different languages.

13. Community folks don’t fully understand development.

14. Philosophical differences.

15. Lack of trust. Win/Win Outcomes

17. Help parties to remain focus on intended outcome.

18. Educating activist about the development process.

19. Creation of housing options for residents when/if off-site relocation is necessary.

20. SFRA , MOH & SFHA new/existing inventory of housing.

21. Acquisition of some of the over 600 homes now foreclosed in S.F. Win/Win Outcomes

23. Significance of “Rent Spike Box”.

27. State of California: $21 billion deficit.

28. Private Capital: $ 173 billion on sidelines.

29. The $64,000 Questions?Can we leverage private capital to help solve current housing crisis? Can we leverage political influence to support the use of private capital in solving housing crisis? Create public/private partnerships to solve housing crisis. Capital Investments & Social Enterprises

30. State Assembly District 62: San Bernardino Area Assemblywoman Amina Carter Assembly Speaker Karen Bass Over 7,000 existing foreclosed properties 21,000 homes in the shadow inventory Leveraged $300 million public/private capital $100 million in committed funds Local stimulus for community partners NPO’s identify buyers, renters and lease-to-own clients Model can be duplicate around California Partnership with APD Solutions to acquire properties Example of Public/Private Partnership

32. Leverage our respective skills to create a Socially Responsible Investment Fund.

33. Use of public/private partnerships to solve problems in underserved communities.

34. Build a strong network among Bay Area Ross Graduates to rival other alumni groups. Opportunities for Ross Graduates

35. Questions? Thank You!!!