LAI Baltimore Program LAI Baltimore RAD Program: John Maneval, DHCD & Curtis Adams, The Michaels Organization

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Date/Time
Date(s) - October 17, 2018
12:00 pm - 1:30 pm

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Location
University of Maryland BioPark
801 W Baltimore Street, Invent and Advance Room
Baltimore, MD 21201


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October’s luncheon topic will be the Rental Assistance Demonstration (RAD) program and its impact on the renovation of public housing in Maryland. Under RAD, public housing authorities sell their properties to private owners who agree to renovate them. The program converts the subsidy mechanism to long-term, project-based Section 8. The current residents remain in the property and continue to pay 30% of their income for rent.

Our panel will include John Maneval from the Maryland Department of Housing and Community Development, which has provided financing for numerous RAD transactions across the State of Maryland and Curtis Adams who will discuss a case study on the recent renovation of an East Baltimore development under the program.

John Maneval serves as CDA Deputy Director within the Maryland Department of Housing and Community Development. John has worked for the Department for 15 years, with his tenure interspersed by serving as Director of Lending for NeighborWorks Capital, a nationally-focused community development financial institution. He has a Master of City Planning from the University of Pennsylvania and a Bachelor’s Degree from the University of Virginia.

Curtis Adams, Vice President at The Michael’s Organization, has been with the real estate development company since March 2016. Previously, he served as a development manager with Forest City Realty Trust (the master developer of EBDI / Johns Hopkins Science Park) and AHC, a non-profit housing developer. Prior to that, he was a real estate and economics consultant. Like John, he holds a Master of City Planning degree from the University of Pennsylvania. His Bachelor’s Degree is in finance from American University.
The case study that Curtis will present is the renovation of Pleasant View Gardens, including a 201-unit townhouse component for families and a 110-unit senior housing component, at a total development cost of $48.8 million. The development had its grand re-opening in December 2017. It is located in East Baltimore midway between I-83 and Johns Hopkins Medical Center and between Orleans and Fayette.

FAQs

What are my transportation/parking options for getting to and from the event?
Street parking available and a parking garage on the corner of West Baltimore Street and Poppleton Street (1 N. Poppleton Street). The garage takes cash only. There is an ATM machine at The Harbor Bank of Maryland located at 800 W. Baltimore Street.

How can I contact the organizer with any questions?
Mel Freeman
President, Baltimore Chapter
mel@fa-fcg.com
443-520-2771