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April Lean letter: SECTION 232 LEADERSHIP CHANGES:
As some of you may have heard, Roger Miller recently announced certain leadership changes within the Section 232 Program. Further, we have heard from some of you that the Section 232 leadership announcements made internally within HUD needed further clarification to the industry. To ensure accurate communication, we wanted to share these important changes with our business partners through this Email Blast. Thanks so much for your input, and below is additional information, announced by Roger Miller and effective immediately:
MICHAEL VAUGHN, NAMED ACTING DIRECTOR OF THE SECTION 232 PROGRAM:
Michael has been named Acting Director of the Section 232 Program. Michael has served exceptionally well in his leadership role of the 232 asset management division and in an overall leadership capacity for the Office of Healthcare Programs (OHP). Michael is uniquely experienced to lead the entire Section 232 Program with his prior HUD and mortgage lending experiences and with his educational background from Georgetown and Yale Universities.
WILLIAM LAMMERS, HEALTH SYSTEMS ADVISOR, WILL CONTINUE IN AN INTEGRAL ROLE WITH THE SECTION 232 PROGRAM AND WITH OHP.
Bill, who has provided strong and enthusiastic leadership as the Acting Director of the Section 232 Program for the past 3 years and has been a tireless advocate for Lean process improvement, will continue to be involved in the Section 232 Program in very important ways. Bill will continue to serve on the Section 232 Loan Committees, in policy development and Lean Processing activities, and as a key advisor to Michael Vaughn and other 232 leaders in all aspects of the Section 232 Program. Roger Miller has also asked Bill to provide important advisory services to the Section 242 Program and to the overall OHP leadership team, as necessary.
OTHER CRITICAL SECTION 232 LEADERSHIP POSITIONS IDENTIFIED FOR INTERIM, TRANSITIONAL PERIOD.
Other OHP key leadership positions will be posted over the next several months for qualified individuals to apply. For the interim period of time, OHP has initiated personnel actions for the following individuals to serve as follows:
Roger Lewis, Acting 232 Development Director Kelly Haines, Acting 232 Asset Management Director John Hartung, Acting 232 Policy Director Kate Murray, Workload Manager for Closing Coordination
OTHER LEADERSHIP TRANSITIONS.
Renee Greenman was honored with a certificate of thanks from the Commissioner and an inscribed vase from the OHP staff in Seattle for her leadership service in the Section 232 Program, particularly in the development area and in assisting OHP in implementing Lean Processing. We wish Renee continued success as she returns to Multifamily Housing full time. Mark Williams was thanked for his service in OHP and congratulated for being tapped for the Office of Risk Management staff. In his new position, Mark will work closely with OHP and all of its healthcare programs. Nathan Dean was welcomed to OHP as Nate will be bringing his investment banking experience from the Office of Risk Management and transitioning into a new role with OHP.
As a Stakeholder in HUD’s LEAN 232 Program, we are committed to providing you with the best, most up to date information on the status of the Lean Program. As of March 13th, 2009, we would like to share with you the following: · LEAN is the Name of the Game for Section 232 Program! As of March 1, 2009, all Section 232 applications must be submitted to OIHCF (either under the LEAN expedited process or under a TAP process that is expected to be very lengthy in terms of processing time). This applies to new applications submissions ONLY. For any Section 232 application currently in the review process under the MAP/TAP program prior to March 1, 2009, the application processing will continue under MAP/TAP. NOTE, If you have any questions regarding TAP and OIHCF, please send your inquiry to LEAN Thinking Mailbox - LeanThinking@hud..gov · CORRECTION – Management Agents Required to Submit 2530/Previous Participation A correction to the LEAN 232 Update of 2/20/09, has been made regarding the 2530/APPS requirements for Management Agents. Contrary to the email update sent, 2530/APPS are required on Management Agents by the Code of Federal Regulations (CFRs). Please keep in mind that the following program participants need to provide 2530/Previous Participation information in Firm Applications submitted under the LEAN 232 Program and therefore are required to register in the Business Partner Registration HUD Multifamily Page at: https://hudapps1.hud.gov/apps/part_reg/apps040.cfm Mortgagor Entities and their Principals Operator Entities and their Principals Parents of Operator Entities and their Principals General Contractor and their Principals (if applicable) Management Agents and their Principals (if applicable) 2530s are not required for Facility Administrators. · More Information on Section 232/223(d) Operating Loss Loans… As noted on FHA.GOV, the documents required for submittal of a Section 223(d) (Operating Loss Loan) are still being developed. If you would like to assemble a Firm Application on a Section 223(d) on a Section 232 prior to the posting of these documents, please contact Tim Gruenes at tim.gruenes@hud.gov or 612-370-3000 Ext. 2252. We will work with you on the submittal on a case by case basis. · LEAN 232 Program Information shared at the Eastern Lenders Conference on March 9 -11th, 2009 The Office of Insured Health Care Facilities (OIHCF) staff shared information on the LEAN 232 Program during the recent Eastern Lenders Conference on March 9-11th in Baltimore. · LEAN 232 Pipeline as of March 6th, 2009 FHA # Requests – Purchase/Refinance – 208 FHA # Requests – New Construction – 41 FHA # Requests – Section 223(a)(7) - 1 FHA # Requests – Section 241(a) – 1 FHA # Requests – Sub-Rehab – 2 FHA # Requests – Section 223(d) – 2 Applications In – Purchase/Refinance –40 (with 18 more scheduled to come in shortly) Applications In – New Construction – 7 Applications In – Section 223(a)(7) – 1 Firm Commitments Issued – 18 Applications CLOSED –Purchase/Refinance – 9 Applications CLOSED – New Construction – 1 (4 pre-apps completed) · |
