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FINANCING AN EQUITABLE & RESILIENT FUTURE

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PROGRAMNew York City Bar Association November 19, 2013

8:00 – 8:20

Coffee + Registration

8:20 – 8:30Welcome + Statement of goals of the conference

Stephen Kass, Chair, City Bar Task Force on Climate Adaptation

8:30 – 9:30A Framework for Social Inclusion, Resiliency Planning and Transparency

Moderator, Ron Shiffman, Director, Pratt Institute’s “Recovery, Adaptation, Mitigation and Planning” [RAMP] Initiative

Bettina Damiani, Good Jobs New York

Maya Wiley, The Center for Social Inclusion

Duzan Doepel, Professor of Sustainable Architecture and Urban Planning, Research, Design and Manufacturing Campus (RDM), Rotterdam, NL

* This conference is co-sponsored by the New York City Bar Association’s Task Force on Climate Adaptation, Stephen L. Kass, Chair; Committee on International Environmental Law, Mary Lyndon, Chair; Committee on Environmental Law, Jeff Gracer, Chair; Committee on Energy, Clarke Bruno, Chair; Committee on NY City Affairs, Cathleen A. Clements, Chair; Committee on Housing and Urban Development, Erica F. Buckley, Chair; Committee on Social Welfare, Peter A. Kempner, Chair.

9:30 – 11:15Innovative Finance Alternatives: High and Low Finance for Urban Resiliency

Moderator, Jesse M. Keenan, Research Director, Center for Urban Real Estate, Columbia University

Charles Laven, Forsyth Street Advisors

James Parrott, Fiscal Policy Institute

Richard Roberts, Red Stone Equity Partners

Wallace Turbeville, DEMOS Fellow

Marcel Ham, Rebel, NL BE International

Chris Lotspeich, Celtic Energy

11:15 -12:30Housing and Infrastructure: Resiliency and Equity

Moderator, Michelle de la Uz, Fifth Avenue Committee

Donald Manning, Jewish Association Serving the Aging

Michael Whelan, Services for the UnderServed

Bomee Jung, Deputy Director, New York Office Enterprise Community Partners Inc.

Denise Scott, Local Initiatives Support Corporation

12:30 – 12:45 Wrap Up and Next Steps

Stephen Kass, Chair, City Bar Task Force on Climate Adaptation

Rob Conboy, Better, Inc

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RAMP [Recovery, Adaptation, Mitigation and Planning], a post-Sandy initiative of Pratt Institute Programs for Sustainable Planning and Development, is a suite of studios, classes

and public programs that works closely with community partners to address issues of recovery, sustainability and resilience in the face of a changing climate.

It is essential to develop the capacity and delivery system to assist diverse communities and businesses in their recovery from the impacts of Sandy and to strengthen their resilience to face future storms by enabling them to adapt to the inevitability of climate change. Equally important is the need to build their capacity to undertake the sustained mitigation actions necessary to reduce concentrations of greenhouse gases. The city and the country can no longer afford to engage in planning policies that are either predicated on risk denial or based on short term fixes — climate change and rising sea levels and their impact on the pattern of development in the city must be addressed by a sustained, holistic and synergistic approach to recovery and post-recovery efforts. Lessons from a diverse, dense island city like New York will be instructive for municipalities elsewhere.

The New York City Bar Association (City Bar), founded in 1870, is a voluntary association of lawyers and law students. Since 1896, the organization, officially known as the Association of the Bar of the City of New York, has been headquarted in a landmark building on 44th Street, between Fifth and Sixth Avenues in Manhattan. Today the City Bar has over 24,000 members. Its current president, Cary R. Dunne, began his two-year term on May 15, 2012.

BETTER, Inc. is public private partnership of Lang Consulting, Photonica, and International Green Energy Council. We act as a single global energy services provider (ESPo) to deliver radically more energy efficient buildings and as a training organization that provides skills and knowledge required for these projects.

Pratt Institute Programs for Sustainable Planning & Development is an alliance of four programs with a shared value placed on urban sustainability defined by the “triple bottom line” of environment, equity and economy. Community Conversations on Environmental Justice and Rebuilding are an outgrowth of RAMP (Recovery, Adaptation, Mitigation and Planning). Recently created by PRATT, RAMP aims to develop community capacity while also developing the professionals, including architecture, sustainability and urban planning students and those continuing in these professions, to develop strategies and skills to support community-scale innovation. www.pratt.edu | www.prattpspd.com

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Enterprise Community Partners, Inc. has introduced solutions through public-private partnerships with financial institutions, governments, community organizations and other partners that share our vision that one day, every person will have an affordable home in a vibrant community, filled with promise and the opportunity for a good life.

Local Initiatives Support Corporation (LISC) is dedicated to helping community residents transform distressed

neighborhoods into healthy and sustainable communities of choice and opportunity — good places to work, do business and raise children. LISC mobilizes corporate, government and philanthropic support to provide local community development organizations with: loans, grants and equity investments, local, statewide and national policy support and technical and management assistance.

Center for Social Inclusion is a national policy strategy organization that works to identify and support policy

strategies to transform structural inequity and exclusion into structural fairness and inclusion. CSI works with community groups and national organizations to develop policy ideas, foster effective leadership, and develop communications tools for an opportunity-rich world in which we all will thrive no matter our race or ethnicity. CSI’s vision is to translate America’s changing demographics into a new source of power and prosperity for a society where all people can participate in solutions that help us all thrive. www.thecsi.org

The New York City Environmental Justice Alliance (NYC-EJA) is a citywide network founded in 1991 linking grassroots organizations from low-income communities of

color in their struggle for environmental justice. NYC-EJA coalesces its member organizations around common issues to advocate for improved environmental conditions and against inequitable burdens by coordinating campaigns designed to affect systemic change through City and State policies. www.nyc-eja.org

Fiscal Policy Institute is an independent, nonpartisan, nonprofit research and education organization committed to improving public policies and private practices to better the economic and social conditions of all New Yorkers. Founded in 1991, FPI works to create a strong economy in which prosperity is broadly shared.

Good Jobs New York advances the principle that in a civil society, taxpayers - regardless of wealth or access to public officials - have the right to know the costs and benefits of subsidy deals, to seek to improve these deals through agency procedures and advocacy with their elected repre-sentatives, and to expect that tax breaks really pay for workers, communities, and taxpayers.

Urban Green Council is the New York Chapter of the U.S. Green Building Council (USGBC). Their mission is to advance the sustainabiity of urban buildings through education advocacy and research.

IN PARTNERSHIP WITH THE FOLLOWING ORGANIZATIONS

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SPEAKERSStephen Kass, Carter Ledyard & Milburn

Steve is a partner at the law firm of Carter Ledyard &

Milburn and Co-Director of its Environmental Practice

group. He has practiced environmental law since 1972,

written on urban environmental and development issues

in the U. S. and abroad and reported on human rights in

developing countries for Human Rights Watch and the

New York City Bar Association. He is an adjunct professor

at Brooklyn Law School and NYU’s Center on Global Affairs,

past Vice-President of the Bar Association and former

chair of its committees on International Environmental

Law; International Human Rights; Social Welfare Law; and

Downtown Redevelopment following September 11, 2001.

Ron Shiffman, FAICP, NYS Hon. AIA, Pratt Institute

Ron Shiffman is a city planner with over 50 years of

experience providing program and organizational

development assistance to community-based groups in

low- and moderate-income neighborhoods. Trained as an

architect and urban planner, he is an expert in commu-

nity-based development. He is a tenured professor at

Pratt Institute’s School of Architecture where he chaired

the Department of City and Regional Planning from

1991 to 1999. He was a member of the New York City

Planning Commission from 1990-1996. He has taught

and developed courses on urban and community

planning, advocacy and architecture, participatory

planning, sustainable development and the history and

philosophy of community development. In the aftermath

of Superstorm Sandy he, working with Pratt students

and his colleague architect Deborah Gans, organized and

developed the Pratt Programs for Sustainable Planning

and Development’s RAMP –Recovery, Adaptation,

Mitigation and Planning initiative.

Bettina Damiani, Project Director of Good Jobs New York

Bettina joined Good Jobs New York with experience in

community organizing, progressive public relations and

political fundraising. Through her work with GJNY, Bettina

was a founder of the Liberty Bond Housing Coalition, which

advocates for the use of post-September 11th financing to

create affordable housing for moderate and low-income

New Yorkers. She has a B.A. in Communications and Peace

Studies from Manhattan College and a Masters of Urban

Affairs from Hunter College.

Maya Wiley, Founder & President, Center for Social Inclusion

Maya Wiley is the Founder and President of the

Center for Social Inclusion, a national policy strategy

organization that works to transform structural

barriers to opportunity for communities of color, and

ensure that we all share in the benefits and burdens

of public policy. CSI conducts applied research, policy

development, communications testing and strategy

support to solve inequity and exclusion. A civil rights

attorney and public advocate since 1989, Ms. Wiley

has worked for the American Civil Liberties Union,

NAACP Legal Defense Fund, the US Attorney’s Office

for the Southern District of NY and the Open Space

Foundation.

Duzan Doepel, Professor of Sustainable Architecture & Urban Planning, Research, Design and Manufacturing Campus (RDM), Rotterdam, NL

Doepel immigrated to the Netherlands in 1996 to work as

a project architect for MVRDV. For a period of six years, he

worked on a wide range of realized buildings. A long-term

interest in sustainability led him to the Dutch Institute for

Spatial Research in 2002. Doepel regularly gives lectures and

workshops, both in the Netherlands and abroad. Currently

he is a consultant for Dutch Architecture Fund, member of

the steering committee for the friends of Dutch Architecture

Institute and Professor of Sustainable Architecture and

Urban Planning at the Knowledge Sustainable Solutions,

RDM Campus.

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Jesse M. Keenan, Research Director, Center for Urban Real Estate

Jesse M. Keenan is the Research Director for the Center for

Urban Real Estate (CURE) and Adjunct Professor of Real

Estate Development. Keenan has previously advised on

matters concerning real estate and housing for agencies of

the U.S. Government, Fortune 500 Companies, not-for-profit

community enterprises and international development

NGOs. Keenan has previously held various teaching, research

and visiting appointments at the University of Miami School

of Law, Harvard University’s Graduate School of Design and

Joint Center for Housing Studies, the University of Amsterdam

and The Bauhaus Academy in Dessau, Germany. Keenan

previously served as a member of the U.S. Department

of Homeland Security’s Regional Disaster Sheltering and

Housing Recovery Planning Team and is currently a member

of Mayor Bloomberg’s NYC Taskforce for Building Resiliency.

Keenan currently leads CURE’s joint project with various

agencies of the Netherlands for advancing climate adaptive

development research. Keenan attended the University

of Georgia (A.B.), Georgia State University (J.D.), Columbia

University (M.Sc.) and the University of Miami (LL.M.).

Charles Laven, Forsyth Street Advisors

Charles Laven has over 40 years of experience providing

advisory and technical consulting services to housing

finance agencies, mortgage and investment banking

firms, developers, and not-for-profit organizations. Prior

to founding Forsyth Street Advisors, he spent 12 years as a

partner at Hamilton, Rabinovitz & Altschuler, Inc. (HR&A), a

New York-based consulting firm. Before joining HR&A, he

was a principal with the firm of Caine Gressel Midgley Slater,

where he assisted in financings involving the securitization

of real estate debt in excess of $3 billion and provided

real estate advisory services to banks, government and

foundations.

James Parrott, Deputy Director and Chief Economist, Fiscal Policy Institute

Prior to joining FPI in January 1999, James Parrott was

Chief Economist and Director of the Bureau of Fiscal

and Economic Analysis for the Office of the State

Deputy Comptroller for New York City (OSDC). Parrott

has also served as Chief Economist for the City of New

York’s economic policy office under Mayor David N.

Dinkins and Executive Assistant to the President of the

International Ladies’ Garment Workers’ Union (now

UNITE). He received his B.A. in American Studies from

Illinois Wesleyan University and his Ph.D. in Economics

from the University of Massachusetts at Amherst.

Richard Roberts, Director, Business Development, Red Stone Equity Partners LLC

Richard Roberts is Director of Business Development for Red

Stone Equity Partners, LLC assisting in the origination and

management of developer relationships in the Northeast

and the development of new business strategies for the

firm. Richard has had an extensive career in affordable

housing and urban market investments having worked in

these areas for over 18 years. Prior to joining Red Stone, he

worked in the government, for profit and nonprofit sectors,

including serving as the Commissioner of the New York City

Department of Housing Preservation and Development, one

of the largest allocators of Low Income Housing Tax Credits

in the country, where he was responsible for the investment

of more than $1 billion in New York City’s neighborhoods

and the creation of over 30,000 units of affordable housing.

He was also the founding Managing Director of the Goldman

Sachs Urban Investment Group where he devised and led

a creative strategy responsible for the establishment of the

firm’s community development investment platform.

Wallace C. Turbeville, Senior Fellow, DEMOS

Demos is a public policy organization working for an

America where we all have an equal say in our democracy

and an equal chance in our economy. Wallace Turbeville

practiced law for seven years before joining Goldman,

Sachs & Co. in 1985 as an investment banker. In his

twelve years at Goldman, he specialized in infrastructure

finance and public/private partnerships. From 1990

through 1996, he was posted to the London office where

he was co-head of a group tasked to pursue financing

of transportation, energy and environmental projects,

particularly in the newly opened eastern European

nations. While in London, Mr. Turbeville served on the

consultative Committee for Public/Private Partnership

Finance of Transportation Infrastructure of HM Treasury.

In October 2010, Mr. Turbeville joined Better Markets, Inc.

He was the primary author of dozens of comment letters

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million, and a housing development pipeline of nearly

1000 units representing total development costs of more

$400 million. Michelle is a member of the New York City

Planning Commission, appointed to the Commission by

the Public Advocate, now Mayor-elect Bill de Blasio.

Donald Manning, Director of Housing, Jewish Association Serving the Aging [JASA]

Donald Manning is the Director of Housing

Management at JASA, where he oversees the

management of 1,916 apartments for the elderly and

disabled in three NYC boroughs. While at JASA, Mr.

Manning successfully completed the construction

of 53 HUD 202 Section 8 apartments in the Lower

East Side, directing the refinancing of more than $30

million in mortgages to rehabilitate and improve the

overall facilities, home to more than 700 families, and

supervising the completion of major capital repairs.

He is looking to further transform JASA housing by

exploring new, green energy technology, resources and

opportunities. Prior to his work at JASA, Mr. Manning

was the Deputy Director of Housing for Ridgewood

Bushwick Senior Citizens Council in Brooklyn. While at

Ridgewood Bushwick, he supervised the development,

management and governmental compliance staff for

more than 1,000 housing units, and successfully applied

for state grants, tax-credit financing and private funds

used for the development of more than 400 low-income

affordable housing units – HUD 202, Tax Credit, NRP and

market rate apartments. Through his extensive work in

housing, Mr. Manning has assembled and monitored

project teams consisting of architects, attorneys,

housing consultant and contractors.

Michael Whelan, Chief Financial Officer, Services for the UnderServed [SUS]

Michael Whelan, ACA, joined SUS in July 2009 as Chief

Financial Officer. In this capacity Mr. Whelan manages

the Finance, Facilities, Purchasing and Information

Technology functions of SUS. At SUS Mr. Whelan aims

to improve business processes and leverage technology

to drive continuous improvement. Prior to joining SUS,

he was CFO of AC Nielsen, which is one of the world’s

largest market research companies with revenues

of over $2 billion. At Nielsen he led cost reduction

relating to proposed rules and studies implementing

the Dodd-Frank Act of the Commodity Futures Trading

Commission, Securities and Exchange Commission,

Financial Stability Oversight Counsel and the Federal

prudential banking regulators. He is a proponent of a

“Robin Hood Tax.”

Marcel Ham, Co-founder & Co-owner, The Rebel Group, NL BE International

Marcel Ham has over a decade of experience in financial

economic advisor, mainly in the field of financial and

economic feasibility, structuring innovative contracting

and tender strategies, P3 [public private partnerships]

and project finance. As an advisor to governments he

was involved in the establishment of several P3 units, P3

policy development and capacity building. Moreover,

he has been lead financial advisor in a range of road

infrastructure, light rail and social infrastructure projects.

He is the co founder and co owner of Rebel and currently

leads the USA branch.

Chris Lotspeich, Director of Sustainability Services, Celtic Energy

Chris Lotspeich has over 20 years of sustainability, energy

efficiency, project development and training experience.

His professional interests and experience include environ-

mentally-preferable business practices; green building;

sustainable development; climate change; international

security, including environmental aspects; and energy

issues such as renewable power, distributed generation,

and energy efficiency.

Michelle de la Uz, Executive Director, Fifth Avenue Committee

Michelle de la Uz has over twenty years experience in

public and community service and became Executive

Director of Fifth Avenue Committee (FAC) in January

2004, after serving as Co-Chair of FAC’s Board of Directors.

Michelle oversees the organization’s mission of advancing

economic and social justice and comprehensive programs

serving more than 5,000 low and moderate income

people directly through the Fifth Avenue Committee and

its non-housing affiliates, which have combined budgets

of more than $10 million, real estate assets of over $100

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initiatives in response to increased competitive

intensity. Earlier in his career, Mr. Whelan gained his

public accounting qualification in the UK, where Peat

Marwick, now KPMG, employed him. He then joined

the pharmaceutical industry starting in internal audits

and progressing to CFO of a global consumer medicine

business. At BIC, a producer of consumer products

including pens and shavers, he served in various finance

and general management roles. He is a Chartered

Accountant and also an international member of the

Connecticut Society of Certified Public Accountants.

Mr. Whelan is energized to bring the experience he

garnered in the corporate world to the not-for-profit

sector.

Bomee Jung, Deputy Director, Enterprise Community Partners, Inc.

Bomee Jung manages the design, delivery and

assessment of Enterprise’s initiatives to improve

the energy and environmental performance of

affordable housing in New York. These initiatives

include expanding the availability of financial and

technical resources, promoting a policy and regulatory

environment that encourages green building, and

strengthening the capacity for sustainable construction,

management and operation in the affordable housing

community. Before joining Enterprise in 2008, Bomee

founded GreenHomeNYC, a nonprofit environmental

education organization that promotes green building

through volunteerism. She also spent several years

developing data-driven, internet-based applications,

and, as a result, has a particular interest in building

energy metrics and data analysis. Bomee holds a Master

of City Planning from the Massachusetts Institute of

Technology and a bachelor’s degree in comparative

literature and Japanese from the University of Georgia.

Denise Scott, LISC, Managing Director

Denise Scott has served as Managing Director of the

Local Initiatives Support Corporation’s New York City

program (LISC NYC) since 2001. In this role, she manages

a staff of 20, a $3 million operating budget and is

responsible for overseeing the strategic direction of the

New York City office, including the development of new

initiatives, partnerships, and programs. Ms. Scott has

primary responsibility for the investor constituency and

the development efforts that result in the raising of over

$100 million in equity yearly. She also plays a major role

in government relations, taking the lead for NYC-based

agencies and supporting LISC’s and the National Equity

Fund’s national efforts as needed. During her tenure,

LISC NYC has invested $5.6 million in grants, $116 million

in loans and $600 million in equity investments,

translating into the development of over 10,000 units

of affordable housing. Prior to working at LISC NYC,

Ms. Scott has held a variety of leadership positions.

From 1998 to January 2001, she served as a White

House appointee to the United States Department of

Housing and Urban Development (HUD), responsible

for the daily operations of HUD’s six New York/

New Jersey Region offices, and supervised the

implementation of funding initiatives for an annual

budget of over a billion dollars.

Rob Conboy, CEO, Better Inc.

In 2004, Rob received the first MBA at the University of

Vermont with an emphasis in sustainability. This degree

solidified his commitment to the environment and the

power of business innovation. He has over 20 years of

sales and strategic planning experience, all of which

have been with highly entrepreneurial companies.

For the past six years, Rob has focused on renewable

energy start-ups, bringing leading edge technologies to

market at Draker Laboratories as Chief Operating Officer

and at Thermal Storage Solutions as VP of Finance and

Marketing. Rob has a deep understanding of how

to expedite the acceptance of new technologies and

building practices. As CEO of Better, Inc. he is driving

business development, forging strategic alliances, and

developing new products and services.

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NOTES

Special Thanks

The sponsors wish to thank the Bar Association of New York for their generosity in hosting this session on “Financing an Equitable & Resilient Future.”

We are also grateful to the presenters for donating their time and expertise and our co-sponsors for their assistance in preparing and organizing this effort.

Our deepest appreciation to the Kresge Foundation for its generous support of the Center for Social Inclusion / Pratt PSPD’s RAMP initiative of which this conference is a part.

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