How to Form Public Facilities Corporations/Non-Profits – #300.7

TO REGISTER

SUMMARY

A one-day class on why and how PHAs form subsidiary Public Facility Corporations and other non-profits to generate revenue and expand your PHA’s role in your community, including through development. Elective class for Public Housing certification programs.

AGENDA

  • Why do I need a Public Facility Corporation/ Non-Profit?
    • Pros and Cons
    • What PFCs Can Do That PHAs Cannot
    • Relationship Between PHA and PFC
    • Relationship Between Nonprofit and 501c3 Designation
  • Enabling Regulations
    • Texas Local Government Code
    • Texas Business Code
    • Federal Laws/ IRS Code
  • Step-by-Step
    • Attorney or Not?
    • Organizational Documents
    • Ongoing Operations
    • Financials
    • Meetings
  • Obligations
    • Procurement
    • Board Meetings
    • Open Meetings and Open Records

TRAINER

NAOMI BYRNE has over 20 years of experience in the housing and non-profit industries, managing multiple types of public housing and multi-family housing programs. She has experience in all aspects of running a Housing Authority, including accounting, human resources, capital funds, development, and property management and maintenance. She also has experience rehabbing/ developing single family and multi-family using HOPE VI, LIHTC, RAD, and conventional funding sources. She has served as President of Fort Worth Housing Solutions, the Executive Director of Texarkana Housing Authority and Georgetown Housing Authority and Chief Operations Officer for the Pittsburgh, PA Housing Authority. In 2018, she formed her own consulting firm, Stinger Consulting LLC, to provide guidance and assistance to PHAs in operations and development, and provided training and consulting to PHAs nationally through contracts with national consulting firms such as Nan McKay and Associates and EJP Consulting Group, LLC, and as a Faculty Trainer with NAHRO. As of March 2020, she has joined EJP Consulting Group, LLC full-time as a Senior Associate, and her focus area is assisting PHAs to evaluate, reposition and recapitalize their Public Housing assets. Naomi has certifications in Public Housing Rent Calculation, Occupancy and Management, Housing Choice Voucher Specialist and Program Management, Certified Professional of Occupancy, Maintenance Management, Tax Credit Specialist, Public Housing Executive Management, Project Based Voucher Specialist and Section 3. Naomi joined the THA training team in 2013.