[Announce] The Business of Joint Venturing

[announce at comm-org.utoledo.edu]

From:           	"Gene Allen" <gallen at UNHS.ORG>


Subject: The Business of Joint Venturing

To make your next capital award more competitive and to ensure
that for-profit developers are not merely using not-for-profits
for "cover" on a  project, you might want to attend the
following.  From DHCR's website:

DHCR and HTFC are pleased to announce the third in a series of
seminars on the development of affordable rental housing
projects. The goal of this seminar is to provide guidance to
nonprofits in structuring a fair and solid *business deal* as the
basis for joint ventures with for-profits to develop affordable
housing. The seminar*s objectives are:

1. To help nonprofits make informed decisions about when they
should consider a joint venture;

2. To help nonprofits develop an understanding of the structure
of joint ventures; and

3. To help nonprofits develop the skills needed to negotiate
successful joint venture relationships.

Monte Franke of Franke Consulting Group will lead the series. Mr.
Franke has nearly three decades of experience in affordable
housing development, including experience as a nonprofit
developer, a for-profit developer, and as a partner in
non-profit/for-profit joint ventures. This gives him a unique
vantage point from which to discuss venture issues from the
perspective of both worlds. He serves as a consultant to Federal
and state agencies and national associations on affordable
housing and lending programs. He is nationally a recognized
expert in public underwriting of affordable housing, and is the
consulting underwriter to the State of Arizona on its affordable
housing projects.

Register By: May 11, 2004

Locations:

Syracuse Region
May 03, 2004
 9:00AM - 4:00PM
Sign-in at: 8:30AM
HUD Storefront
128 E. Jefferson St.
Syracuse, NY

Buffalo Region
May 04, 2004
 9:00AM - 4:00PM
Sign-in at: 8:30AM
Park Plaza Hotel Buffalo Airport
4243 Genesee Street
Buffalo, NY

Capital District Region
May 10, 2004
 9:00AM - 4:00PM
Sign-in at: 8:30AM
The Hampton Plaza
38-40 State Street
Albany, NY

New York City Region
May 11, 2004
 9:00AM - 4:00PM
Sign-in at: 8:30AM
DHCR NYC Regional Office
25 Beaver Street
Room 510
New York, NY





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