Federal Reserve Bank of San Francisco

Community Development

Affordable Housing Symposium

Tuesday, June 19, 2012
Hyatt Regency Hotel
1155 Pale San Vitores Road
Tumon, Guam, Micronesia 96913-4206

Contacts

Joe Diego
USDA Rural Development
671-472-7272

Mary Guerrero
Guam Housing Corporation
(671) 647-4147

Caesar Villanueva
Guam Housing Corporation
671-643-4143 Ext. 14

Craig Nolte
Federal Reserve Bank of San Francisco
(206) 396-2192

Join this symposium to help shape the future of housing in Guam.

This symposium is for:

Developers
Engineers
Government officials
Planners
Lenders
Nonprofits involved in housing
Realtors*
Architects
Universities
Consultants

* Real estate professionals are eligible to receive continuing education credits for participating in this conference.

Guam has made significant strides on its five-year strategy to increase the availability of affordable housing, partially due to the feedback officials received during the three previous symposiums. This symposium will continue its tradition of including an interactive format to help ensure participants have an opportunity to voice their concerns and submit recommendations in connection with the current 5 year affordable housing strategy.

This symposium will include breakout sessions on topics pertinent to 
Participants are encouraged to learn how housing officials receive feedback continues to face a shortage of affordable housing, and with the upcoming buildup, careful planning is needed to ensure housing meets the needs.

While there is uncertainty on the size and timing of the military buildup, Guam still needs more affordable housing, and has an opportunity to planand the upcoming military buildup makes it even more critical. While Guam escaped the foreclosure crises sweeping other parts of the country, it faces the potential for immense housing shortages, strained infrastructure, and energy shortages. Careful planning is needed to help ensure that new housing is energy efficient, resistant to severe weather, constructed in areas that limit environmental impacts, and include the proper mix of affordable rental and ownership to meet the needs of tomorrow.

At this year’s symposium we will discuss variety of housing challenges and potential solutions, and join in a dialogue on our next steps. Some of the issues to be discussed include:

  • Status of five year affordable housing strategic plan
  • Financing options for developers and contractors
  • Resources for first-time and other homebuyers
  • Update on military buildup
  • Land availability
  • Green building techniques

Also, there will be a showcase area for developers and contractors, lenders, government agencies, and others.

Participants are encouraged to provide feedback on presentations and share their own ideas, to help build a shared vision of future housing in Guam and an identification of resources to make it happen.

Sponsors

  • Guam Housing and Urban Renewal Authority
  • Guam Housing Corporation
  • USDA Rural Development
  • U.S. Department of Housing and Urban Development
  • U.S. Economic Development Administration
  • U.S. Department of Veteran Affairs
  • Federal Reserve Bank of San Francisco