Overview
The Office of Executive Programs (OEP) is pleased to announce the 13th year of the highly successful Housing and Community Development Executive Education Program. To date, OEP has educated over 2000 housing professionals from the U.S. Department of Housing and Urban Development as well as other federal, state, local and non-profit participants.

The fundamental premise that began the Housing and Community Development Program (HCDP) in 1994 is still true today; that housing professionals in the federal, state, local and non-profit sectors must have a comprehensive view of the industry in order to appreciate and work effectively with their colleagues and the members of the community.

Today, we put technology and traditional teaching to use to educate housing professionals on how to better achieve the original premise. The HCDP not only instructs but also utilizes the experiences of students and instructors alike, both past and present, on how to best fulfill that premise. Now you can be a part of that future.

Program Content
Learning Objectives:
The School of Public Policy's Housing and Community Development curriculum is designed to provide the skills essential to be effective in the current and future environment. The core skill areas of the program are, (1) Housing Finance, (2) Community Development, and (3) Asset Management. The courses will assist in preparing professionals to:

• forge new partnerships to deliver effective community-based programs;
• provide an overview of the field and its critical role in community well being, including: historical context, project and neighborhood development, and asset management (both from the project and the portfolio perspectives);
• create a full understanding of the opportunities and constraints associated with community based partnerships; and
• construct and analyze complex financing deals, leveraging resources to build and preserve high quality affordable housing.

Skill Areas:
Housing Finance - As public sector resources shrink, a facility with core financial principles becomes increasingly important to the success of affordable housing projects. This component of the program focuses on the housing finance industry as a whole, including the evolution of primary and secondary markets and a review of participation and influence of the major players. Specific financial skills are also reviewed and practiced, including present value analysis and internal rate of return, debt service calculation, and return on investment analysis.

Community Development - Successful communities enable a variety of players to work together to address common problems. The ability to form partnerships with other stakeholders is essential to the process of community improvement. This course develops the skill, and art, of forging effective partnerships. The course examines issues and strategies applicable to urban, suburban, and rural areas. Class sessions are augmented with a field experience. A team exercise, using the case study method, provides an opportunity for concrete application of the concepts to a specific set of community problems.

Asset Management - Housing professionals must view the management of real estate from both a project and portfolio perspective. The Asset Management course demonstrates how to manage residential real estate and monitor the health of housing developments. Participants explore issues of marketing, leasing, and tenant selection and responsibilities. The assessment of capital needs for building maintenance and other important areas such as crime prevention strategies and human services support are examined. Emphasis is placed on instituting timely corrective actions when symptoms of trouble are detected in a property.

Dates, Location & Cost
March 19-23, 2007
Almas Temple Club, K Street, Washington, D.C.
Please contact the Office for further information on cost and for the full program schedule.