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Scott Kline, Vice
President
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Scott
L. Kline serves as Vice President of the National Housing Trust and
NHT/Enterprise Preservation Corporation. During his 19 year career in the affordable housing arena, Mr. Kline has
financed over $350 million of affordable housing. Mr. Kline oversees acquisition
efforts on properties throughout the United States. He manages a staff of 9
who are responsible for coordinating all aspects of multifamily
acquisitions, redevelopment, and preservation of affordable housing. The
process involves evaluating physical conditions of properties, negotiating
purchase terms with owners, developing project concepts and finance plans,
coordinating due diligence processes, securing multiple layers of financing,
developing resident service programs, and asset management. Often these
efforts are on behalf of resident groups and/or nonprofit organizations
interested in acquiring properties to preserve them as affordable housing.
Other times they are done on behalf of NHT/Enterprise Preservation
Corporation.
Mr. Kline also develops and conducts workshops for resident councils,
non-profit developers, city/state housing officials, and state finance
agencies. Frequent topics include: federally assisted housing and means for
preservation; federal policy and programs which impact preservation of
federally assisted housing; considerations for evaluating the acquisition,
redevelopment and preservation of affordable housing; and approaches to
financing the acquisition, redevelopment and preservation of affordable
housing.
Prior to joining the staff of the Trust, Mr. Kline served as the Director
of Multifamily Programs for the Arlington Housing Corporation (AHC), a
private, nonprofit, developer of affordable housing in Arlington, VA. He
coordinated a staff of 5 in all facets of multifamily real estate
development, including acquisition, finance, design, construction and/or
rehabilitation, marketing, and asset management.
Mr. Kline has experience working with a variety of financial executions and
programs including: private activity tax-exempt bonds; 501(c)(3) fixed rate
and lower floater bonds; Federal Low-Income Housing Tax Credits; Section 8;
Community Development Block Grant funds; HUD Rental Rehabilitation Grants;
HOME loans; state housing trust funds; Standard & Poor's Affordable Housing
Program; Federal Home Loan Bank’s Affordable Housing Program and Community
Investment Program; CRA loans; bargain sales; foundation grants; capital
grants and 241(f) loans through the Low-Income Housing Preservation and
Resident Homeownership Act; and a variety of seller take-back arrangements.
Mr. Kline earned an M.B.A. in Real Estate Development and Urban Planning,
from American University, Washington, D.C. and also holds a B.B.A in
Finance, from George Washington University, Washington, D.C. Mr. Kline is
President of the board of the Housing Association of Nonprofit Developers (H.A.N.D.)
serving the Washington, DC metropolitan area. |
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