MISSION: To increase the supply of decent affordable housing provided by nonprofit organizations to low and very low income families through coordination among nonprofits to enhance capabilities, expand funding opportunities, maximize training, and develop new partnerships.

8:00-8:30   Networking between members and guests                          
8:30-8:35   Introduction of members/guests (Katie Porta)                   
8:35-8:40   Approval of minutes
8:40-8:50   
8:50-9:15   Speaker — Florida Power (Malcolm Barnes)
9:15-9:30   Other Items:  
                 County HAC Report
                   City of Orlando HAC Report
                 Counseling Collaborative 
            New Business:
                  Review correspondence
            Next membership meeting -- Wednesday, April 25, 2001 @ 8:30 am 
            
            Adjourn (TOTAL MEETING TIME -- 1 HOUR AND 0 MINUTES)
                                    

Future Meeting Schedule: May 30, June 27, July 25, August 29, September 26, October 26, and November 28. No meeting in December.

THE NONPROFIT HOUSING ROUNDTABLE OF CENTRAL FLORIDA - ACTION PLAN

Goal 1.	To educate the entire community on the role of the nonprofit sector as an important partner in the housing delivery process.
   a.	Communicate housing and nonprofit needs to local area government
   b.	Develop quantifiable goals for the Roundtable to allow for evaluation of this organization's effectiveness.
   c.	Invite guest speakers to speak monthly.  Pick out topic relevant to nonprofit housing providers (i.e. management,
development, underwriting) and have speaker make 30 minute presentation.

Goal 2.	To pool skills and resources of nonprofit housing producers and housing support agencies
   a.	To use the nonprofit Roundtable to gain organizational and functional strength to achieve our mission by
convening regular meetings to share information, and to plan and coordinate activities of the participating
nonprofits

   b.	To evaluate and prepare an annual plan that quantifies projects and funding needs of the participating nonprofits
and prepare joint funding support request to the various funding entities
   c.	To promote and support emerging nonprofit housing organizations.

Goal 3.	To pursue various partnership opportunities and linkages with for-profit developers and builders.
   a.	Strengthen relationships between nonprofits and private sector
   b.	To become active participants in the Homebuilder's association to cultivate support of for-profit developers and
builders and to seek out opportunities for joint-ventures, other business relationships and mentoring.

Goal 4.	To pursue activities that would increase the availability of low cost funds to nonprofits.
   a.	Subscribe to legislative, funding resource.  Monitor and report on upcoming funding programs.
   b.	Develop calendar of funding source with contact, deadline and summary information.

Goal 5.	To pursue activities that would encourage governments to provide grants and loans to nonprofits for technical assistance
and housing production.

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Nonprofit Housing Roundtable
Meeting Minutes from March 28, 2001 Meeting

Present: Katherine Hurt, Kathy Bryant, Bonnie McCoy, Joanne Lowery (USDA), Celveta Lewis, Fran James, Dave
Burnham, Pat Andrews, Julia Jones, Kevin O'Rawe, Judith Kovisars, Vickie Cooley, Jerrie G. Magruder, Victor M.
Alvardo, Stacy Starke, Linda Larkin, Rosanna Jacobsen, Gaile Moody Plowden, Lori Spangler (FL Power), Malcolm
Barnes (FL Power), Charlene Rose, Alexis Collins, and John Hazelroth

Agenda Item 1 – Approval of Minutes

Minutes unanimously approved.

Agenda Item 2 – USDA (Joanne Lowery)

Joanne was on-hand to talk about the different programs that USDA Rural Services provides.

• There are five area offices throughout the state and fifteen local offices. The rural office locally covers Tavares,
Orange, Osceola, Lake, Sumter, and Brevard Counties.
• The programs provide assistance from very-low to moderate income levels.
• The programs look for people with reasonable credit and modest permanent housing in rural areas.
• There are 504-Direct Loans which are for repair of very-low income existing households and 502-Direct Loans
which are for very-low income households who are trying to purchase a home. There is also a guarantee program
which is for very-low income and modest income households who are purchasing their home.
• Grants are available for individuals who are 62 years of age or older and have no re-payment penalty. This is under
the 504 Program. The department makes units accessible, does general repairs, does modernization, adds baths, and
renovates for health and safety. The money in this program is more limited and there is a waiting list. They try to
take the health and safety items first.
• The next program is the 502-Direct Loan Program. This is for first-time homebuyers. The current rate is 6.758% for
thirty-three (33) years. This loan program is based on need and individuals can get payment subsidies to reduce the
loan and bring interest rates down as little as one percent. The assistance, however, is not permanent and it is used
until the individual has a more steady stream of income. Periodically, the individual's financial situation will be
reviewed and payments can be adjusted.
• The next program is the Guaranteed Loan Program. This program is a cooperative arrangement with private lenders.
The USDA will guarantee these loans. There is a two percent fee charged, which can be financed in the closing costs.
In this program, individuals ask lenders if they're participating.

Agenda Item 3 – Malcolm Barnes and Lori Spangler (Florida Power Corporation)

These two individuals work for Florida Power and talked about the different programs and incentives that Florida Power
offers.

• Florida Power has been encouraging conservation for many years. They believe that energy efficiency is important,
not only for individuals, but as the community as a whole. By encouraging conservation, it allows Florida Power to
get more out of each substation.
• They have found through experience that thirty percent of all energy loss comes through the duct system. For this
reason, they are now encouraging the use of mastic as opposed tape. To encourage this, the incentive programs are
such that Florida Power inspectors come out to look at the job. This oversight results in a job that is even more
energy-efficient and of better quality.
• Florida Power has many different partnerships. One of the most recent is with Fannie Mae where they are offering
reduced mortgages for energy efficient homes.
• The incentive programs are for those customers within the Florida Power service area. There are three different types
of incentive programs.

Program Level	Measures	Benefits
ACT	Construct duct system with mastic and fabglass	Promotional and education material, promotional advertising
ACT Plus	ACT measures and Heat Pump (at least 11.5 SEER and 7.0 HSPF) plus install one of the following: Manual D duct construction or R-30 attic insulation or Heat Recovery Unit or Heat Pump Water Heater and / or Heat Pump (at least 12 SEER and 7.5 HSPF) 10-15% more efficient than Model Energy code	$100 $100 $200 $300
ACT Premium	ACT and ACT Plus Measures, plus exceeding the CABO Model Energy code by 30%	All of the above, plus ENERGY STAR benefits. $50 per home for co-op advertising

• There is also a program for existing home owners who upgrade insulation or who upgrade their heating/cooling
system.

Agenda Item 4 – Fannie Mae Partnership Office (Judith Kovisars)

• Judith Kovisars from Fannie Mae was on-hand to give us an update on what Fannie Mae is doing out of the Central
Florida Partnership office.
• The Partnership office now encompasses thirteen counties. It was selected as the Number One Communication
Office within the company last year. They have met their investment goals over the last three years and, over the last
five years, have encouraged $150 million in direct investments. The Partnership office reports directly to Housing
and Community Development in Atlanta.
• Fannie Mae now has area called Community Lending, Inc. This is where all single family special incentives and
initiatives go.
• Fannie Mae is moving into an area they call mass customization. This is an effort to provide flexibility and
contouring of loan packages to the needs of the consumer.
• In the third quarter of this year, their credit counseling program will be internet based. They will run training out of
the Washington D.C. office and will be training up to five nonprofit partnerships in Central Florida for this initiative.
• The Housing and Community Development Investment Initiative provides direct equity investment with partners.
This is used in the instance of letters of credit or revolving loans. They are also making direct equity investments.
• All programs and investments come through the Partnership office and should you have questions or comments, they
encourage you to contact the local partnership office.
• Judith mentioned several publications which are advisable to get. One is the Credit Counseling Workbook, which can
be ordered as code 3015895600, or go to the website at www.nfcc.org. Another book is Borrowing Basics – What
You Don't Know Can Hurt You. This is free from Fannie Mae and the code is FMFC0960800. Another publication is
Taking the Mystery Out of Mortgages. This can be obtained by calling 800-471-5554.

Agenda Item 5 – Miscellaneous Items

• Orange County was on-hand to talk about the Home Buyer Notice of Funding availability. There is going to
be a special notice of funds available in approximately three months.
• Orange County is looking to fill a position at the Affordable Housing Advisory Committee. Any interested
individuals should contact Frantz Dutes at 407-836-5170.
• The County is proud to say that they are now finished with their Housing Assistance Plan. As a part of this
plan, they have a unique program which involves acquisition and rehab of infill projects. Also, the plan calls
for impact fees for affordable single family being reduced at 75 percent.
• The Homebuyer Counseling Collaborative is pleased to announce a Home Buyer Fair on June 9th, between
9:00 and 1:00 pm. Interested parties should contact Gloria Oliver at 407-830-7762.
• The Collaborative also announced that they are starting pilot home buyer clubs. One of clubs is in Parramore
Heritage Redevelopment Center and the other one will be in Sanford.
• Gail Plowden from the Housing Authority announced that they were going to going after a HOPE Six grant
for Carver Court.

This concludes the end of the meeting minutes. The next meeting will be held Wednesday, April 25th, 2001, at 8:30 am,
at Orlando City Hall.