Eco Housing Corporation

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ElizabethFritzen Township Clerk MaplewoodMunicipalBuildlng 574 Valley Street

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Eco nousrng Gorporaton lEco)nereDysu'mrtsa Leneroi tntgrestrn paruqpatrng In the redevelopment of the propertylocatedat 125DunnellRoadin Ma$lewood, NJ-

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Eco is dedicatedto"thedeveloprpent of horlsingthat promotesparticipation of future residentsin orderto creatqcommunities thatfulfillthe nqedsand reflectthe valuesof their residents.ln the marketplace for housing,we are oftenlimitedto choicesthatare aimedat a typicalconsumeras imaginedby a typicaldeveloper or marketlng team.Thedesignerand developerof mostmulti-family residential communities arefacedwiththe taskof havingto guesswho will ultimatelylivethereandwhattheirpr:eferences will be. Directinvolvemer.rt of processtakesawaythe guessvyork futureresidentsin the designand decision-making and allowsfor creationof a tailoredresidential environment.

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Eco providesdevetopment serviceson beha'lfof futureresidents,includingsiteevaluation, financialfeasibility analysis, loanprocurement, andcontractor negotiatipns, Usingthe cohousingmodelof consensusbuilding,we workcloselywiththe residentslodeVelopa designprogramandbudget.

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programming Architectural and designservicesare providedby EDGArchitects,LLC (EDG).EDG,whichstandsfor Environmental DesignGroup,hasspecialized in multi-tamily residentialand sustainable designsinceits inceptionin 1974.EDGw.orksdirectlywitha designcommitteemadeup of futureiesidentsin developing conceptualplansas wellas detaileddocumentsrequiredfor construction.

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Ecoand EDGare dedicatedto sustainableresidential integrated communities. A more necessarily. meanbne that costs

technologies andto the creationof alsobelievein diverseand economically or customized residential community doesnot

Key Personnel t

projectsrangingfromsmallgrouphomesfor seniorsto large complexes.Mr.Tuckeris a registered architectas wellas realed recognizbd expertin the programming, design,anddevelopmeft special-userhousingwith an extensiveportfolioof successf.r,rl i realestatedeveloprnent alsoenableshimto assistclients studies,financing,and development coordination.

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Bethesda,Marytand

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associated withseveralprominentarchitectural Prlorto 1974,Mr.Tu.cker.was firmsin Philadelphia degreefromthe and San Francisco.He receivedhis Bachelorof Architecture 'Universityof NewMexico.in1968andwas subsequently awardeda Fellowship in Urban of California, Berkeley, wherehe receiveda Master'sDegreein Designat the UniverSity Architecture in 1970. , '' ln addition,Mr.TuckerhastaughtArchitecture at TempleUniversity, lecturedat numerous conferences, andwrittenarticleson the topicsof affordablehousingand elderlyhousing design.He is alsoa principal of AHD,lnc.,a developer of affordable housing. Mr-Tuckeris bothan experienced architectand developerand is thoroughly familiarwith the activitiesrequiredto bringa projectsuccessfully fromconception to completion. Katie Henry,ProjectManagerfor Eco HousingCorporation, hasover25 yearsof project management experience in lT andengineering. wheresheservedas liaison Shewas a foundingmemberof EastemVillageCohousing, betweenthe developer(EcoHousing),the construction company,and the homeowners. At move-in,sheworkedwiththe commissioning authorityto ensurethatall systemswere workingcorrebtlyan{ performing etficiently. She.thentookon the roleof buildingmanager, geothermal masteringthe operationand troubleshooting of sophisticated technology. She gnd alsoattendedall inspections trackedand reviewedwarrantyand punch-listworkMs. Henrynow livesin SouthOrange,NewJersey,and hopesto bringcohousingto NorthemNewJer:sey-

Development Approach Ecoproposesto developa cohousingcommunity with approximately 40-50condominium unitsrangingfrom 1 to 3 bedroomsplusa commonhouse.The buildingyvouldconsistof 3-4 storieswrappedarounda courtyard, whichwill be the primaryentrancefor the livingunits. Typicalof cohousing,the projectwouldbe pedestrian orientedand parkingwouldbe located processwill start on the peripheryof the siteand/orunderground. The LEEDCertification with construction wasterecycling.Geothermal heatingand coolingwillbe consideredamong otherenergysavingtechnologies.

Definitionof Cohousing Cbhousing communities are small-scale neighborhoods createdwithparticipation fromthefuture rqgi{entswhereneighborsknoweachotherbeforemovingin.An importantaspectof lifein a cgllpusingcommunity is the balancebetweenpersonalprivacyandlivingin a'close-knit communityof neighbors.Individualhomesare privatelyownedandare selfsufficientwitha completekitchenand diningarea.At the sametime,homeowners enjoyconvenientaccessto sharedspace,iricludinga CommonHouse,whichtypicallyhasfeaturessuchas a kitchen,dining room,a playroomfor children,workshops,guestrooms,officespace,a sittingareallibrary and laundryfacilities.A popularbenefitof livingin a cohousingneighborhood'is residentprepared mealsin the CornmonHouse.Community to spend mealsgiveneighbors ongoingopportunities timetogether,and peopleappreciatehavingsomeoneelsecookdinnerand handlecleanuptwo " t or threetimesa week.

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Cohousingcommunitieshavethe following characteristics: Residentparticipation in.thecreationof the neighborhood. A designthatencourages communityinteraction. Peopleowntheirownhomeandalsohavethe benefitof sharedlandand resources. the Communityis resident-managed. Uponoccupancy,

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- ""Although manyresidentsworkfromhome,theydo not relyon the Communityfor. theirsourceof income.

Eco HousingGorporation/Team Experienceand Awards EasternVillageCohousing,SilverSpring,MD EasternVillageCohousingis locatedin Oowntown SilverSpring,Marylind,on the Maryland/DC border.lt was completed in January2005.lt consistsof 56 residential units, 11 live/work units,and 5,000squarefeetof commonspaces,including a livingroom,dining playareas,library,workshop, room,kitchen,exerciseroom,rooftopgardens, childrenls and guestrooms,all of whichare extensively usedby the residents. projectin the country.The buildingis EasternVillagewas the first LEEDSilvermulti-family an adaptivereuseof an abandonedofficebuildingoriginallyconstructed in the 1950s.lt incorporates suchfeaturesas geothermal heatingdrd cooling,low-emitting finishes,rapidly renewablematerials,and a greenroof. )*

Awardsand recognition:

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performance, :- LEEDSilverratingfor,environmental certifiedby the U.S.Green BuildingCouncil,makingEastemVillageoneof thefew residential buildings in the U.S.to attainthis rating. NAHB2005GreenProjectof theYearAward,National Association of HomeBuilders for LuxuryMultifamilyHomes.Awardedto companiesthatdevelopgreen-builtluxury condominiums or apartments, thishonorwas presented to EcoHousingand, PoretskyBuildersin Bethesda,Md. h , 2006LivableCommunities GreenRoofof the Year. Firstplacefromthe Affordablel-touringConference of Montgomery County,MD,for rehab. 2005Excellence in Design.Award for Multi-Use Residential Ddvelopment, from Environmental Design+ Construction,lhe onlymagazineexclusively coveringthe , rapidlygrowinggreenbuildingindustry. 2003SmartGroMhAwardfromSmartGroMhAlliance.

TakomaVillageCohousing,Washington,DC placein cohousing development withits rapidcompletion of Ecoearnedits prominent in eahy2A01.AmongTVC'sgreenbuildingfeaturesare ground TakomaVillageCohousing heatingandcooling,certified sustainably harvested wood,and maximal sourcegeothermal insulation.

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Awardsand recognition '

and enlgy savings,fromThe Committeeof 100 Vision2002Award:Forinnovation on the FederalCity. EnergyStar HomesProgram2001. The U.S.Environmental Agency(EPA)certifiedeachof the43 residential Protection unitsas EnergyStar Homesbasedon theirHERSrating. PATHDemonstratipn Site2000. The Partnership for Advancing Technology in Housing, a programof the U.S. of Housingand UrbanDevelopment,.chose Department TakomaVillageCohousing as one of the first 11 prqectsnationally to earnthe statusof Demonstration Site. supportservicesandparticipation in the EnergyStrar Statusincludedtechnical HomesProgram. Presentations:

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"Residential CaseStudy:TakomaVillag6Cohousing" by DonTuckerat the first annualMarylandGreenBuitding Ar'lnapolis,lMD, 2002. Conferdnce, September DOE HighPerformance BuildingsDatabase. greenandefficientbuilding Detailedcasestudyon national websitehighlighting measures of TakomaVillageCohousing. "TheCostsof BuildingGreen:TakomaVillage,A ResidentialCase Study"by Sandra ' Leibowitz,at the VirginiaAIA's(AmericanInstituteof Architecture) BuildVirginia Conference, Richmond, VA, November 2000.

FinancialCapacity With morethan30 yearsof development for experience, Mr. Tuckerhas beenresponsible projectstotalingmorethan5,000 all phaqesof development for morethan30 rnulti-family livinggnits.Mr.Tuckerhasan ownership interestln andpropertymanagement 3,000affordablerentalunits;primarilyin the Washington, approximately DC marketarea. Financialstratement and referencesare availableuponrequesl The advantageof a cohousingdevelopment in thisdifficultdevelopment marketis that it is largelypre-sold.We wouldpre-sellapproximatety 70%of the unitsto pre-qualified purchaserspriorto construction. This in turnwill makeconstruction financingmorereadily available thanfor a typicalmulti-family development.

Development TimeLihe TakomaVillageand EastemVillageeacfrtookapproximately one yearfrominitialsite controlto startof construction. The pre-construction periodtor 125DunnellRoadwill dependon the timeframerequiredfor entitlements and pre-sales.The construction periodis estimated at 15 months.

LEEDCertification, Ecoand EDGspecialize projects.EasternVillagewasthe firstLEED in creatingsustainable projectin the country.Mr.Tuckerand the otherprincipalsof EDGare Silvermulti-family LEEDaccredited andembracethechallengeof making125DunnellRoada LEED-certified project.

Tax Abatement

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Tax abatementiqone of the toolsavailableto achieveaffordability. We wouldliketo explore a tieredtax abatementlinkedto specificaffordability targets.

ACM Remediation Althoughwe haveexperience withACMremediation, we wouldpreferto receivethe propertyafterremediation and environmental clearance.lf the buildingis intactafter remediation is completeiwe wouldpreferto haridledemolitionas a partof the construction/ process. LEEDcertification '

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