green rehab presented by william jones director of enterprise home ownership partners (ehop)

Green REHABPresented By

William JonesDirector of Enterprise Home Ownership Partners (EHOP)

ACAACA

Asset Control AreaAsset Control Area

Overlay of Overlay of HUD Inventory HUD Inventory and and Proposed Asset Proposed Asset Control Areas Control Areas on on City of Los AngelesCity of Los Angeles5/2000

EHOP EHOP Inventory Inventory in in Designated Designated Asset Control Asset Control Areas Areas 4/2002

ACAACASince 2002, EHOP has purchased, Since 2002, EHOP has purchased, rehab’d and sold 274 properties rehab’d and sold 274 properties

containing 432 units. 20 containing 432 units. 20 Properties are currently in the Properties are currently in the

development and/or construction development and/or construction stage.stage.

FROM THIS…FROM THIS…

TO THISTO THIS

PrimarilyPrimarily

Energy Energy ConservationConservation

INSULATEINSULATE

INSULATEINSULATE

DUAL GLAZED WINDOWSDUAL GLAZED WINDOWS

CAULKINGCAULKING

RE-PLUMBRE-PLUMB

LOW-FLOW FIXTURESLOW-FLOW FIXTURES

LIGHT COLORED ROOFSLIGHT COLORED ROOFS

LIGHT COLORED ROOFSLIGHT COLORED ROOFS

FLUORESCENT LIGHTINGFLUORESCENT LIGHTING

ENERGY STAR APPLIANCESENERGY STAR APPLIANCES

COSTCOSTPLANS & PERMITS 1,500$ ABATEMENT 6,500$ SEISMIC UPGRADE 8,500$ DEMOLITION 4,000$ ADDITION/FRAMING 20,725$ DRYWALL 3,500$ DOORS 3,750$ WINDOWS 4,150$ ROOF 7,850$ INSULATION 2,350$ PAINT/STUCCO 6,500$ PLUMBING REPIPE 5,450$ PLUMBING FIXTURES 3,750$ ELECTRICAL 4,450$ UPGRADE SERVICE 1,250$ LIGHTING 375$ HEATING 2,400$ FLOORING 2,975$ CABINETS 4,450$ TERMITE FUMIGATION 1,450$ SITEWORK/LANDSCAPE 2,850$ SECURITY BARS 1,275$

100,000$

ACA IIUses:Acquisition Cost 85,000Rehabilitation Cost 100,000Holding costs 3,600Marketing 14,000Fees/Counseling/Reserves 30,615Interest 1,500TDC 234,715

Sources:Buyer Dow npayment 2,350Conventional Loan 159,750HOME/CDBG 60,000Homebuyer Enf. Note 12,900Total Sources 235,000

COSTCOST

WINDOWS 4,150$ ROOF -$ INSULATION 2,350$ PLUMBING REPIPE 1,000$ PLUMBING FIXTURES 350$ LIGHTING 375$ HEATING 500$ APPLIANCE 350$ TOTAL SPENT 9,075$

BP SOLAR NEIGHBORSBP SOLAR NEIGHBORS

BP SOLAR NEIGHBORSBP SOLAR NEIGHBORS

BP SOLAR NEIGHBORSBP SOLAR NEIGHBORS

TOWNHOUSE OWNERSHIP PROGRAMTOWNHOUSE OWNERSHIP PROGRAM

• Engineered Lumber/Trusses/Beams

• Linoleum Flooring

• Natural Fiber Carpeting/Bamboo Flooring

• Low VOC Paints/Adhesives

TOWNHOUSE OWNERSHIP PROGRAMTOWNHOUSE OWNERSHIP PROGRAM

SUSTAINABILITYSUSTAINABILITY

QUESTIONS/COMMENTS