Finding Money for Sustainable Renovations

When:  Jun 4, 2018 from 12:00 PM to 1:00 PM (ET)

Architecture projects can be put on hold and stall out due to funding issues. Although funding is often outside of the architect’s scope, knowing about the various funding options that exist can add value to the project and keep the project on schedule. Join this discussion as an architect and developer talk through ways to creatively fund single and multi-family housing renovations.

Earn 1 LU

Learning objectives:

  1. How funding affects a project schedule (ie. How much design work is needed to apply for different types of funding?)

  2. How much of a project can be funded with historic tax credits

  3. Where to find rebates for sustainable improvements

  4. Resources to help clients find additional project funding

Nakita Reed

Nakita Reed co-founded Encore Sustainable Design, LLC to focus on good design, preservation, and making buildings more sustainable. She is a licensed architect skilled in the design of restoration and adaptive reuse projects. Mrs. Reed has been the LEED Accredited Professional on many new and historic buildings and is well versed in ways to incorporate sustainable features into new and existing buildings. She has experience working with various governmental agencies - from counties to GSA, the Navy and Veteran Affairs Administration. She is trained in multiple sustainability platforms, including LEED and Green Globes. She serves as Chair of the Maryland Green Building Council. The council is composed of private sector and State agency membership to make recommendations about implementing the Maryland High Performance Building Program, assist the Governor and General Assembly on green building legislation and work to promote green building throughout the state. The chair of the council is a governor appointed position and provides a unique intersection of the public and private sectors. Mrs. Reed holds a Bachelor of Science in Architecture from the University of Virginia and a Master’s of Architecture, Master’s of Science in Historic Preservation, and certificate in Ecological Architecture from the University of Pennsylvania.

Mark E James

Mark E. James is the Founder and President of Urban Green, LLC and has 18+ years of experience in affordable housing and sustainable development. Mr. James has managed the development of over 1.5 million square feet of housing and commercial buildings valued at more than $200 million. His professional background includes specializations in multi-layered housing finance including tax credit and tax-exempt bond financing, affordable housing preservation, for-sale housing and sustainable energy solutions including solar, geothermal and fuel cell systems applications. Prior to starting Urban Green, Mr. James was a Senior Real Estate Development Officer with Community Preservation and Development Corporation (CPDC), the largest affordable housing provider in the DC Metropolitan region. During his 5 years with CPDC, he established himself as an innovator in green building while serving as the project manager for the redevelopment of the award-winning Wheeler Terrace Apartments, a Section 8 housing community in Washington, DC. Wheeler Terrace was the first affordable housing project in the District of Columbia to utilize a ground-source heating/cooling system. The project was also the first Section 8 community in the nation to meet LEED (Gold) certification in addition to meeting the Enterprise Green Communities Criteria. Prior to joining CPDC, Mr. James was the Director of Acquisitions for Renewal Housing Associates, an affordable housing preservation development firm based in Portland, MA. He also operated a development consulting business for 2 years where he structured financing for both homeownership and rental projects in Pennsylvania and Ohio.