Fannie Mae-UCLA Ziman Symposium

Fanny Mae UCLA ziman

AFFORDABLE HOUSING SYMPOSIUM: THE SUPPLY CRISIS IN CALIFORNIA 


Monday, February 5, 2018


8:30 a.m. - 12:00 p.m., followed by a networking lunch

University of California, Los Angeles

Download the Agenda (PDF)
8:30 a.m. Registration & Breakfast
9:00 a.m. Opening Remarks

Keynote: Kathryn Barger, Los Angeles County Supervisor

9:30 a.m. PANEL 1: The Role of Supply in the Shortage of Affordable Housing
  • Leslie Appleton-Young, SVP and Chief Economist, California Association of Realtors
  • Jonathan Lawless, Vice President, Product Development and Affordable Housing, Fannie Mae 
  • Ben Metcalf, Director, California Department of Housing and Community Development (HCD)
    Ann Sewill, Vice President, Health and Housing, California Community Foundation
10:15 a.m. BREAK  (15 minutes)

10:30 a.m. PANEL 2: Ideas for Mitigating Local & State Impediments to Affordable Housing
11:15 a.m. PANEL 3: Financing & Underwriting Homes and Rental Developments in Underserved Markets
  • David Battany, Executive Vice President, Capital Markets, Guild Mortgage
  • Tia Boatman Patterson, Executive Director, California Housing Finance Agency
  • Stuart A. Gabriel, Arden Realty Chair, Professor of Finance, UCLA Anderson School of Management; and Director, UCLA Ziman Center for Real Estate
  • Robin Hughes, President and Chief Executive Officer, Abode Communities
  • Jeff Kearns, Senior Vice President, Walker & Dunlop
12:00 p.m. Lunch Discussion: An Innovative Solution to the Housing Supply Shortage

Leslie Appleton-Young, SVP and Chief Economist, California Association of Realtors

Leslie Appleton-Young directs the activities of the California Association of Realtors' (CAR) Member Information Team. She oversees analysis of housing market and brokerage industry trends, broker relations and membership development activities. She is also closely involved in CAR's strategic planning efforts and is a well-known speaker in California’s real estate community. She earned a bachelor’s degree in economics from the University of California, Berkeley, and her master’s degree from the University of Pennsylvania.

 
Kathryn Barger, Los Angeles County Supervisor

Kathryn Barger proudly serves the residents of Los Angeles County’s 5th Supervisorial District—the County’s largest—spanning 2,800 square miles, which includes 22 cities and 70 unincorporated communities in the San Gabriel, San Fernando, Crescenta, Santa Clarita and Antelope valleys. Dedicated to providing effective, responsive representation to the residents of Los Angeles County, she began her career in public service as a college student intern in the office of Supervisor Michael D. Antonovich and rose to become his Chief Deputy Supervisor in 2001, where she served until her election to the Board in 2016. She was born and raised in the 5th District and comes from a family with deep roots in public service in Los Angeles County. She is married to a retired sheriff’s deputy and lives in the San Gabriel Valley.

 
David Battany, Executive Vice President, Capital Markets, Guild Mortgage

David Battany oversees the Guild Mortgage’s capital market activities, including pricing, hedging and secondary market execution. Prior to joining the company, he was Chief Product Strategist for PennyMac Loan Services from 2012 to 2015, where he was responsible for managing the product development group, as well as its relationships with Fannie Mae, Freddie Mac, the FHA, the VA, the USDA, Ginnie Mae and mortgage insurance companies. From 1990 to 2012, he was with Fannie Mae, based in Pasadena, California, where he served as Director of Single-Family Business and was responsible for managing the firm's relationships with West Coast–based lenders. He is a board member of the California Mortgage Bankers Association (MBA) and is chairman of the national MBA’s Secondary & Capital Markets Committee. He has a bachelor’s degree in finance from the University of Colorado.

 
Tia Boatman Patterson, Executive Director, California Housing Finance Agency

Tia Boatman Patterson promotes the California Housing Finance Agency’s (CalHFA) mission to create and finance progressive housing solutions. She engages mortgage lenders, affordable housing developers, state and local agencies, advocacy organizations, public officials and private financing markets so that more Californians will have a place to call home. Under her direction, CalHFA has increased its single-family lending from essentially zero to nearly $2 billion per year, and has closed multifamily loans, including Mental Health Services Act and conduit issuer, worth more than $700 million from 2014 to 2017. She has served on the Board of Directors for the National Council of State Housing Agencies since September 2015 and its Executive Committee since October 2017. She holds a bachelor’s degree in political science from San Diego State University and a juris doctor from the University of Pacific, McGeorge School of Law.

 
Brian Brooks, Executive Vice President, General Counsel and Corporate Secretary, Fannie Mae

Brian Brooks oversees the legal department and the Government and Industry Relations department at Fannie Mae. He serves as a senior advisor to the CEO and the Board of Directors. Before joining Fannie Mae in November 2014, he was Vice Chairman of OneWest Bank, where he served as chief legal officer and oversaw the bank’s fair lending, corporate customer experience and mortgage marketing and communications groups. Before that, he was a Managing Partner at the global law firm O’Melveny & Myers. He has a Bachelor of Arts in government from Harvard University and a juris doctor from the University of Chicago.

 
Dana Cuff, Professor of Architecture, UCLA

Dana Cuff is the Director of cityLAB, an award-winning think tank that explores design innovations in the emerging metropolis (www.cityLAB.aud.ucla.edu). She has published and lectured widely about urban design, the architectural profession and affordable housing. Working with California legislators in 2017, she was co-author of a state bill to encourage accessory dwelling units. She is author of several books, including The Provisional City, about housing in Los Angeles, and Fast-Forward Urbanism. She heads a major program at UCLA called the Urban Humanities Initiative, funded by the Mellon Foundation. Cuff has a Ph.D. in architecture from the University of California, Berkeley.

 
Amanda Daflos, Director, Innovation Office, Mayor Eric Garcetti, City of Los Angeles

Since its launch in 2015, Amanda Daflos’ Innovation Team has pioneered a citywide awareness campaign called Home for Renters, which provides renters and landlords with straightforward information about the Rent Stabilization Ordinance, which covers two-thirds of the city’s rental stock. The team also launched a pilot program focused on well-designed accessory dwelling units (ADUs) and was instrumental in advancing state policy on ADUs as a tool to help address the need for affordable housing. She holds a master’s degree in public administration from the University of Colorado and a bachelor’s degree from Hamilton College.

 
Tom De Simone, President and CEO, Genesis LA

Genesis LA is a federally certified Community Development Entity that has received $265 million in New Markets Tax Credit (NMTC) allocations to finance projects helping underserved communities in Los Angeles. It also provides technical assistance, financial structuring, capital raising and acquisition/construction assistance to build the capacity of borrowers and the financial viability of their projects. He holds a master’s degree in urban planning from the Harvard Graduate School of Design and a bachelor’s degree from the University of California, Berkeley.

 
Stuart A. Gabriel, Arden Realty Chair, Professor of Finance, UCLA Anderson School of Management; and Director, UCLA Ziman Center for Real Estate

Stuart A. Gabriel is Director of the Ziman Center for Real Estate at UCLA and is Arden Realty Chair and Professor of Finance at UCLA Anderson School of Management. His research focuses on real estate finance and economics, housing and mortgage markets, urban and regional economics, and macroeconomics. He previously served on the economics staff of the Federal Reserve Board of Governors in Washington, D.C., and as a visiting scholar at the Federal Reserve Bank of San Francisco. He is a past President of the American Real Estate and Urban Economics Association and a Fellow of the Homer Hoyt Institute for Advanced Real Estate Studies. He serves on the Boards of Directors of KBS REITs and is a consultant to numerous corporate and governmental entities. He holds a Ph.D. in economics from the University of California, Berkeley.

 
Robin Hughes, President and Chief Executive Officer, Abode Communities

Hughes is an industry leader in housing policy at the local, state and federal level.  Under Hughes' leadership, Abode Communities has developed more than 40 residential and mixed-use communities; created new affordable homes for over 8,000 California residents and provided a social safety net through Beyond Homes, the organization's substantive resident services program.  Hughes was chair of the Affordable Housing Advisory Council for the Federal Home Loan Bank of San Francisco, and a member of the JPMorgan Chase Community Advisory Board of Los Angeles.  Prior to joining Abode Communities, Hughes held positions in the private and public sectors including The Richmond Group of Companies, Citibank, the Community Development Commission of the County of Los Angeles, and the Office of the Mayor of the City of Los Angeles.  Her experience is highlighted by four years as City Planning Commissioner for the City of Los Angeles.  Hughes has a master's and bachelor's degree in public administration from University of Southern California.

 
Jeff Kearns, Senior Vice President, Walker & Dunlop

Jeff Kearns is responsible for originating debt and equity financing for market rate and affordable housing properties for clients nationwide. He is a veteran of the commercial mortgage finance industry. He has successfully procured debt and equity financing for market-rate apartments as well as mixed-income and affordable housing projects with low-income housing tax credits, tax-exempt bonds and Section 8 subsidies. He has been successful in working with existing, stabilized assets, properties undergoing repositioning and ground-up development projects. He is an active member of several multi-family and affordable housing trade organizations, including the Affordable Housing Management Association and the California Council for Affordable Housing.

 
Jonathan Lawless, Vice President, Product Development and Affordable Housing, Fannie Mae

Jonathan Lawless is driving innovation in the mortgage industry to expand access to credit and affordable housing across the country through programs designed to benefit renters, homebuyers and the industry. He leads development of test-and-learn initiatives to address changing market needs, and he develops other creative solutions to support lenders and services so they can better serve their borrowers. He has led the development of several key Fannie Mae initiatives, including HomeReady®, the company’s flagship affordability product. He has a Bachelor of Arts in philosophy from St. John’s College and a master’s degree in finance from George Washington University.

 
Helen Leung, Co-Executive Director, LA Más

LA Más is a nonprofit urban design organization that helps lower-income and underserved communities shape their futures through policy and architecture. LA Más’ alternative housing program is focused on designing, permitting and incentivizing the construction of accessory dwelling units (ADUs) to increase the number of neighborhood-scale affordable rental units in gentrifying urban neighborhoods. Helen Leung holds a master’s degree in public policy and urban planning from the John F. Kennedy School of Government at Harvard University and a bachelor’s degree from the University of Pennsylvania.

 
Ben Metcalf, Director, California Department of Housing and Community Development (HCD)

Ben Metcalf directs the California Department of Housing and Community Development (HCD), which is responsible for the State’s affordable housing loan and grant portfolio, as well as for housing policy development and oversight at both the state and local levels. Recent accomplishments include collaborating with the State Legislature to secure passage of the landmark 2017 Legislative Housing Package, for which HCD is now implementing key bills that provide more than $250 million annually for affordable housing and greatly expand oversight of local zoning and permitting. Prior to HCD, he worked at the U.S. Department of Housing and Urban Development as Deputy Assistant Secretary for Multifamily Housing Programs. He has a Bachelor of Arts from Amherst College and a master’s degree in public policy and urban planning from the John F. Kennedy School of Government at Harvard University.

 
Alfred Pollard, General Counsel, Federal Housing Finance Agency

The Office of General Counsel oversees regulatory matters affecting Fannie Mae and Freddie Mac and the 11 Federal Home Loan Banks, representing over $5 trillion in financial assets. Alfred Pollard currently serves on the Financial Fraud Enforcement Task Force and the Justice Department’s Bank Fraud Enforcement Working Group. He is a member of the Administrative Conference of the United States and is the Federal Housing Finance Agency’s designated agency ethics official. Previously, he worked as Senior Director at the Financial Services Roundtable, a CEO-led trade group of the nation’s largest financial institutions, and as Director of Government Relations for Savings and Community Bankers of America. For 12 years, Pollard was Senior Vice President and Director of the Washington office for Security Pacific Corporation. He holds a bachelor’s degree and a juris doctor from the University of North Carolina at Chapel Hill and a Ph.D. in foreign affairs from the University of Virginia.

 
Kevin Ratner, President, Forest City West

Kevin Ratner is responsible for Forest City's commercial and residential businesses on the West Coast. In addition to the development of market-rate, affordable and high-density urban housing, both new and through the adaptive reuse of preexisting structures, he has been the point person and has overseen the development of several transformative projects, including Blossom Plaza in Los Angeles’ Chinatown neighborhood; Metro 417, an adaptive reuse of the 1925 Subway Terminal Building; and the 5M and Pier 70 projects in San Francisco. He earned his bachelor's degree from the University of Wisconsin and holds a master's degree in real estate development from the University of Southern California.

 
Ann Sewill, Vice President, Health and Housing, California Community Foundation

Ann Sewill oversees the California Community Foundation’s (CCF) health and housing portfolio, working to develop permanent, affordable housing to stabilize Los Angeles communities and to address persistent issues and root causes affecting the health of Angelenos. Prior to joining CCF in June 2006, she was Vice President and California Director of Enterprise Community Partners, Assistant General Manager of the Los Angeles Housing Department and Housing Director for the City of Santa Monica. She recently served on the Board of Directors of the Los Angeles branch of the Federal Reserve Bank of San Francisco and is the immediate past chair of the Affordable Housing Advisory Council of the Federal Home Loan Bank of San Francisco.


 
David P. Waite, Partner, Cox, Castle & Nicholson LLP

David has over 25 years of land use and environmental law experience.  His practice focuses on CEQA, climate change, development agreements, discretionary permits and entitlements, infrastructure agreements, public-private partnerships, subdivisions, zoning, environmental regulatory compliance, CERCLA, RCRA, and Proposition 65.  He has represented a variety of developers, lenders and institutional investors on the environmental and land use aspects of workouts, debt restructurings and foreclosures.  David is a Fellow of the American College of Real Estate Lawyers ("ACREL").  He has been identified by the Los Angeles Daily Journal as one of the "Top 50 Development Attorneys" in California.  He is actively involved in numerous Real Estate Industry associations. David is the Governance Chair and immediate past Chair of the Urban Land Institute's Los Angeles District Council ("ULI-LA"). He is Chairman Emeritus of the Southern California Real Estate Alliance and a member of the Westside Urban Forum.  David previously served on the Advisory Board of the California Infill Builders Federation.

 

Co-Sponsors

BIA Ziman sponsor Ziman sponsor
Ziman sponsor Ziman sponsor