Open Door and Affordable Homeownership Opportunity Program Overview
3:30 PM - 4:20 PMWed
Registration Required

Your registration must include one of the required registration options to attend this session. [ Details ]

Speakers
Olga Jobe
President
AHRES Consulting, LLC
Arielle Hersh
Director of Policy and New Projects
UHAB
Alice Friedman
Director of Open Door & Neighborhood Construction Program
NYC Department of HPD
Madeline Fletcher
Vice President, Small & Mid-Size Development
NYS Homes & Community Renewal
Erica Buckley
Partner
Nixon Peabody LLP
Sponsors
Nixon Peabody LLP
At Nixon Peabody, we deliver sophisticated legal services to our clients and our communities by combining high performance, entrepreneurial spirit, deep engagement, and an unwavering commitment to a culture of collaboration, diversity, and humanity.
Documents
Open Door and Affordable Homeownership Opportunity Program Presentation
AHOP Term Sheet
Open Door Term Sheet
This session will provide a detailed overview of the term sheets for two homeownership financing options under the City’s Open Door Program and the State’s Affordable Homeownership Opportunity Program. The panel will be comprised of government representatives from HPD and DHCR, as well as developer representatives who are actively using each of the financing tools to advance affordable homeownership. The program will cover eligible applicants, equity requirements, eligible housing models, participating co-lenders, and tax incentives commonly used in conjunction with both programs for homeownership deals.