PROMOTING AFFORDABLE HOUSING IN THE COLUMBIA HEIGHTS NEIGHBORHOOD AND BEYOND FOR OVER 45 YEARS
Announcing CASHC new Executive Director, Terry Green. Terry brings over 25 years experience working in affordable housing. We are excited to get to work fulfilling CASHC's mission!
Click here to read the story of the 19-unit apartment complex that was rehabbed to create additional affordable housing on Kansas Ave
Change All Souls Housing Corporation (CASHC) is supported by a Board, stakeholders like the NHP Foundation, and the All Souls Church Unitarian Housing Ministry. All Souls Church Unitarian on 16th St was the primary force behind Columbia Heights Village (CHV) apartments being built in the 70’s following the civil disturbances after the assassination of Dr. Martin Luther King.
NHP Foundation is 50% managing general partner of the 406 unit Columbia Heights Village apartments (CHV) which sits on 7 acres, a 5-minute walk from the Columbia Heights Metro Station. Enterprise Community Investment fund produced their Social Return on Investment Report on CHV. The report identifies the history and transition of CHV to what it is today. Read the report here.
CHV is a very important HUD project-based Section 8 property serving 406 families, over 1,000 lower income DC residents. A rapidly gentrifying DC region makes housing affordability a major problem for those whose earnings are well below DC’s Average Median Income. Because of CASHC’s efforts, we’ve preserved CHV’s 406 units on prime, extremely valuable DC real estate as well as 19 units on Kansas Ave, a property called “Thompson Place”.
CASHC’s new Executive Director welcomes input from you including questions or ideas about how you might become involved in our mission to preserve affordable housing in Columbia Heights, DC. To do so, please “Contact Us” using the tool on our website.
STAFF & BOARD
Terry Green joined CASHC as the Executive Director as of March 2020. He brings over 25 years’ experience in affordable housing. Most recently he has been a consultant for for-profits and nonprofits working on Low Income Housing Tax Credits and tax exempt bonds. Prior to this he left his position as the manager of the Multifamily Policy at the Federal Housing Finance Administration (FHFA). In this position he was responsible for the analysis and development of multifamily policy for $100+ billion of Fannie Mae and Freddie Mac multifamily loan originations per year with particular attention to the split between affordable and market rate financing and the cap on the company’s multifamily activity. In addition to overseeing the multifamily cap he served as the multifamily expert for the FHFA housing goals team and the low income housing tax credit expert for the Duty to Serve Team and the Office of Congressional Affairs and Communications. He established strong working relationships with the Federal Reserve, Office of Comptroller of the Currency, HUD, MBA and the National Multifamily Housing Counsel.
Prior to FHFA Mr. Green founded Triad Housing Corporation in 1998 after serving as Special Assistant at the U.S. Department of Housing and Urban Development (HUD). At HUD he designed and implemented the nationwide restructuring of mortgages on projects with expiring Section 8 contracts. Triad has been a consultant to numerous governments and developers in this ongoing restructuring effort focusing on policy, due diligence, underwriting, and loan closings.
He has also acquired, rehabilitated and financed over 5,000 apartment units for a nonprofit and his own account and has extensive experience in both project management and construction lending from prior positions at The Rouse Company and Chase Manhattan Bank.
Alan Johnson, Board Director
Alan is a retired school teacher. He taught high school mathematics in DC Public Schools for 31 years. He and his wife Carol have been active with All Souls Church, Unitarian, since 1981.
Alan has been associated with All Souls Church, Unitarian, Nonprofit Housing Corporation since 2004. He is a past president of that organization and is currently its treasurer.
Alan became a member of the Board of CASHC in 2005. He was Chairman of its subsidiary Change All Souls Development Inc (CASDI) from 2006 through 2010 and is currently its President. He became Chairman of the CASHC Board in 2014 and continues to hold that position.
Greg Melanson, Board Member
Greg is Partner of Terra Search Partners, an executive search firm specializing in placing senior leaders within real estate development and finance organizations. Greg leads the Affordable Housing/Community Development practice where he has placed numerous C-Suite leaders of some of the largest and most influential companies in the creation of affordable and workforce housing. Greg started his career at Bank of America in commercial real estate lending, moved into community development banking and was eventually the product leader of the bank’s Low Income Housing Tax Credit investment business where he set strategies and established revenue and production targets. Greg also was the Deputy Executive Director of Friends of the National Zoo where he provided organizational leadership to this nonprofit that is a dedicated partner of the Smithsonian National Zoo.
Greg is an active member of Urban Land Institute, serving on the Leadership Committee of the Affordable Workforce Housing Product Council. He is currently on the Executive Committee and serves as Treasurer for CHANGE/All Souls Housing Corporation. Greg is also on the board of directors of Manna, Inc., a non-profit
affordable housing developer. Greg has previously served on the boards of directors of the following nonprofit organizations; N Street Village (1999-2006, Chair of Board for two years); NationalFriends of the National Zoo (2007-2009, Chair of Audit Committee); Equity Fund (2007-2009); GreenSpace (2006-2013) and U.S. EPA National Environmental Justice Advisory Council (2007-2009).
Greg holds a Masters Degree in Business Administration, real estate development and finance, from George Washington University, Washington, D.C., and a Bachelor of Arts in Business Administration from Loyola University of Maryland, Baltimore.
Josephine Hodges, Board Member
A native Washingtonian, Josephine is retired and has been a Columbia Heights Village Apartments resident 30+ years. She’s the newest member of the CASHC Board and Vice Chair of CHV’s Tenant/Resident Association. She is also the proud mother of 3 children, 2 in DC and 1 in Maryland. Josephine enjoys dancing, also baking. She’s also a volunteer at Victory Heights Apartments which serves senior citizens, cooking and serving those who cannot do so for themselves.
Whitney Cooper, Board Member
Whitney Cooper has been a member of All Souls since 2010. She was a Washington Interfaith Network (WIN) organizer from 2013 to 2014 and helped motivate All Souls members turn out for environmental and social justice rallies. She has been active in connecting WIN and All Souls Housing Ministries including garnering support and resources for the Columbia Heights Village Tournament of Games. Whitney helped organize a Tenants Association when her apartment was being sold and helped the tenants invoke their Tenant Opportunity to Purchase Act (TOPA) rights. The building is currently owned and managed by Mi Casa, a nonprofit entity, of the tenants choosing, whose mission is to preserve affordable housing in the District. As a Realtor and an Operations Manager, Whitney has witnessed the soaring housing prices in Washington, DC and wants to continue her work in preserving affordable housing as a Member of the CASHC and CASDI Boards.
Chris Valvardi, Board Member
Chris Valvardi is a tax attorney and former naval officer. He grew up near Philadelphia, spent six years overseas while on active duty, and moved to the District of Columbia in 2009. He lives with his spouse and two daughters in DC's Manor Park neighborhood.
Previous Staff and Board Members
We are saddened to announce that Executive Director, Frank Lucician passed on June 9, 2019. We offer our deepest sympathy to Frank's family. He will be missed by all of us.
Frank Lucician, Past Executive Director
Frank Lucician had 40+ years developing or preserving affordable housing in OH, MD, PA, WVA, NC, & SC.
In those 40 years, Frank has preserved or developed over 2,000 rental homes providing safe, clean, and modern homes to lower-income families.
As CASHC’s Executive Director for 5 years, he was instrumental in CASHC’s rehabbing the 19 unit Kansas Ave preservation which now is home to 19 Section 8 voucher holders. He was also instrumental in the restructuring of the 406 unit Columbia Heights Village (CHV) Apartments in Columbia Heights, DC bringing the NHP Foundation into the CHV partnership as 50% managing general partner, also giving the CHV Tenant Association a 25% “seat at the table”, the remaining 25% partnership ownership held by CASHC.
April Hawkins-Mason, Former Board Member
A native Washingtonian, April has lived at Columbia Heights Village 35+ years. She is a past President of Columbia Heights Village’s Tenant Association and worked for the beloved DC councilman Jim Graham who passed in 2017. April served on the CASHC and CASDI Boards for over 10 years, rolling off in March of 2020. She is the proud Mother of a son who grew up at Columbia Heights Village. April is the only female of 5 siblings, 3 in DC, one in Atlanta. April’s favorite color is green, her favorite musician Alicia Keyes. April says she “loves playing Bingo, but not as much as spending quality time with family
Megan Ryan Senior Vice President and Manager of Investment Syndication, is responsible for overseeing the syndication operation for the LIHTC and Historic Tax Credit and New Market Tax Credit products and ongoing Investor Relations. Previously, she was the Senior Vice President of Business Development for Churchill Stateside Group focused on expanding the federal Affordable Housing platform. Ms. Ryan was previously a Managing Director in the Affordable Housing Equity Group of Centerline Capital Group responsible for managing their institutional tax credit investor relationships and overseeing the Portfolio Management team. Prior to joining Centerline, she was a vice president at Enterprise Community Investment, Inc. for eight years, where she was responsible for new business development for Enterprise’s LIHTC equity product, and managing numerous key LIHTC investor relationships. Ms. Ryan’s career also includes a position as the Director of Development, the Fiver Foundation and positions in real estate finance at Metropolitan Life Insurance Company, Bank of New York and Merrill Lynch. She earned a Bachelor of Arts in finance from Fairfield University, and a Master of Business Administration from Fordham University.