WHO’Z NIFTI? EIFDs, CRIAs, AHAs & TIF Districts

WHO’Z NIFTI? EIFDs, CRIAs, AHAs & TIF Districts:  New Legislation to Support Housing and Sustainability

Lunch Provided By: CallisonRTKL Inc.

An in-depth presentation about recently approved State of California housing statutes and how they work with existing and new Tax Increment Financing districts. As California continues to double-down on key priorities like housing and sustainability, the Legislature has introduced new bills to address the housing crisis and help cities finance projects and infrastructure to remain in compliance. How can architects, designers, planners, and finance work together to create a more sustainable State?

• Group 1:  CEQA & Procedural Streamlining Districts
• Group 2: Districts and Financing Authorities
• Group 3: Compliance – Housing Element and Procedures
• Group 4: Compliance – Housing Accountability Act
• Group 5: Housing Funding Statutes
• 2018 Legislation (status update)

PRESENTERS:

• Ken K. Hira – Executive Vice President, Kosmont Companies
• Felicia Williams – Senior Vice President, Kosmont Companies

Ken K. Hira – Executive Vice President, Kosmont Companies

Mr. Ken K. Hira serves as Executive Vice President for Kosmont Companies. An expert in development and strategies for business attraction, Mr. Hira has over 25 years of varied experience in virtually every aspect of real estate financing, downtown revitalization, acquisition, entitlement, development, asset management and disposition. Mr. Hira’s expertise is in identifying businesses/retail tenants and negotiating mixed-use projects that can revitalize communities and assist in economic development/tax generation programs.

As former Executive Vice President of the Irvine-based mixed-use developer, Pacific Century Commercial, Mr. Hira managed a portfolio of over $100 million of retail sites, while operating the commercial division of the company. Prior to this, as a Managing Director of Acquisitions for Westrust and a Vice President of Development at Lewis Retail Centers, he evaluated and underwrote hundreds of acres of land, successfully captured and negotiated anchor tenant commitments creating $60 million of value in ground-up development and redevelopment, and was responsible for 800,000 square feet of retail entitlement, design and development. As Vice President of GMS Realty, Mr. Hira entitled one million square feet of retail development projects, as well as led the acquisition of 24 neighborhood and community shopping centers, totaling 3.3 million square feet and valued at $375 million, and organized a $287 million recapitalization.

LICENSES/AFFILIATIONS:
Mr. Hira serves as the Co-Chair of the International Council of Shopping Centers P3 Retail Advisory Board and previously served as the ICSC Western Division P3 Retail Co-Chair, Southern California State Director, Program Committee Chair, and Alliance Co-Chair. Mr. Hira holds a Bachelor degree in Economics and Business from UCLA.

Felicia Williams – Senior Vice President, Kosmont Companies

Felicia Williams is Senior Vice President at Kosmont Companies assisting municipal clients with a comprehensive approach to economic development and climate action, in addition to identifying funding sources for key projects. She has a background in public finance, economic development, and sustainability, in addition to  serving as a Commissioner in the City of Pasadena since 2006 (currently on the Planning Commission and Board of Zoning Appeals). She currently serves on the Pasadena Educational Foundation and the Pasadena Police and Fire Foundation Boards. Ms. Williams is presently a registered Municipal Advisor with the U.S. Securities and Exchange Commission and achieved a Series 50 professional qualification.