Board of Zoning Adjustment Sheila Cross Reid Confirmation Resolution of 1998
PR 12-1000

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A PROPOSED RESOLUTION IN THE COUNCIL OF THE DISTRICT OF COLUMBIA

To confirm the reappointment of Ms. Sheila Cross Reid to the Board of Zoning Adjustment.

RESOLVED, BY THE COUNCIL OF THE DISTRICT OF COLUMBIA, That this resolution may be cited as the "Board of Zoning Adjustment Sheila Cross Reid Confirmation Resolution of 1998".

Sec. 2. The Council of the District of Columbia confirms the reappointment of:

Ms. Sheila Cross Reid
1203 Columbia Road, N.W.
Washington, D.C. 20009
(Ward 1)

as a member of the Board of Zoning Adjustment, established by section 8 of An Act providing for the zoning of the District of Columbia and the regulation of the location, height, bulk, and uses of buildings and other structures and of the uses of land in the District of Columbia, and for other purposes, approved June 20, 1938 (52 Stat. 799; D.C. Code §50424), for a term to end September 30, 2001.

Sec. 3. The Council of the District of Columbia shall transmit a copy of this resolution, upon its adoption, each to the nominee and to the Office of the Mayor.

Sec. 4. This resolution shall take effect immediately.

RESUME

SHEILA CROSS REID
1203 Columbia Road, N.W.
Washington, D.C. 20009
(H) 202-234-0068, (O) 202-265-4663

EDUCATION

MBA — Real Estate and Urban Development - June 1983 (60 Sem. Hrs.) The American University, Washington, D.C.

B.S. — Business Education and Educational Psychology - June 1971 District of Columbia Teachers College, Washington, D.C.

EXPERIENCE

6/89–Present President, Broker and Manager - Avanti Real Estate Inc., Wash., D.C.

Performs in the capacity of Broker and manager with over l 5 years experience in real estate sales and development. Responsible for the day to operation of the organization and management of 54 sales associates. Has trained and prepared numerous Brokers, Associate Brokers and Sales Associates for licensure in D.C., Maryland and Virginia in both residential and commercial sales and leasing as well as facilitated various D.C. and federal housing programs and initiatives. Conducted numerous Home Buyer Seminars and served as Guest lecturer and speaker on teal estate and housing issues in several public schools, churches, universities and colleges. Co-host of WYCB Radio Show - "Any One Can Own" which featured information on affordable Housing acquisition & Financing techniques wrote weekly column for Afro-American magazine entitled: "Avanti Developments".

2/99–11/94 Founder and Chief Administrator - Avanti Real Estate Academy, Wash., D.C.

Established real estate licensure school for the preparation of persons desirous of sitting for state tests to obtain real estate licensure for the District of Columbia Maryland and Virginia. Areas of Responsibility included the development of the curriculum. course syllabus, the scheduling of all classes and instructor assignments. Developed examinations and teaching aides; served as Chief Administrator of instructor team and support staff. Conducted marketing and promotion of the Academy interfacing with prosective students, the local real estate cornmissionsas well as the the state licensing entities. Taught classes in all disciplines. specializing in Real Estate Contracts, Finance Real Estate Law etc.

Established curiculum for Realtors and Brokers licensed in Maryland and the District of Columbia to complete required continuing education credit hours as mandated by the local real estate commissions. Served in the same capacity as outlined above for the licensing school. Taught classes in Real Estate Contract Review, Real Estate Law and Ethics, Fair Housing and Law of Agency.

3/85–6/89 Associate Partner - Cross-Reid Investment Group, Wash, D.C.

As partner to the real estate development company, executed the process of purchasing, rehabilitating and reselling residential real estate Utilizing a systematic computerized system to track, analyze and purchase properties at foreclosure auctions, banks and other distress sales, my husband/partner and I then contracted with architects, engineers, designers and building tradesman to rehabilitate properties in well selected locations in Washington, D.C. Joint venture partnerships were established with investors contributing the upfront capital necessary to successfully renovate from 8-10 properties per year. Nik Reid often served as the General Contractor. Several properties were renovated and sold, others were flipped without renovation, and still others were held for cash flow and equity build up. Supervised staff of 13.

2/82–3/85 Sales Associate and Real Estate Instructor, Shannon and Luchs Real Estate, Silver Spring, Md.

Assisted potential home purchasers with the counseling, analyzing and selection of optimum financing based on individual income, credit and available funds. Facilitated the process of home purchase from selection of property, location analysis , to housing inspection, financing programs, and settlement procedures.

Taught real estate Principles and Practices and D C and Maryland and Virginia Real Estate Law to potential candidates for licensure in all three jurisdictions

3/79–11/82 Assistant Project Developer, Multifamily Development Division of the National Housing Partnerships (NHP), Washington, D.C.

As Assistant Project Developer for NHP is a national corporation designated to stimulate the production by private enterprise of moderate and low income housing units, nationwide and assisting the building industry, received outstanding awards and recognition for performance of the following areas of responsibility:

• Assisted in the development of approximately 10 to 15 newly constructed or substantially rehabilitated multi-family housing projects consisting of over 15,000 units throughout the United States which were either committed, under construction or completed,
• Prepared proposals for submission to HUD for Firm Commitments for Section 8 participation in the creation of subsidized multifamily housing projects as necessary;
• Assisted with the identification and tracking of local development teams consisting of builders/developers, architects, engineers specific insurance entities, limited partners. etc participating in various developments and/or NHP Partnerships nationwide;
• Performed initial project feasibility studies consisting of area demographics, current and future market conditions, site conditions. as well as locational analyses in relation to commercial, political and community environments, etc;
• Created per project financial analysis and proformas and designed comparative investment option structures for optimal profitability to NHP:
• Upon completion of due diligence of preconstruction phase of projects, assisted with the identification and circulation of Prospectuses to qualified investors for the purpose of raising capital through the sale Or attractive tax benefits resulting from the syndication of NHP projects (which prior to the 1986 Tax Reform Act, were fairly substantial providing a return of roughly 300%);
• Handled an array of developmental related tasks and responsibilities predicated upon the structuring of each individual deal and the degree of participation by NHP, i.e., by providing equity capital and joint venture funds, and/or the entering into partnerships with builders, developers and community organizations at local levels. Interacting with HUD for Section 8 housing subsidies and/or local municipalities for city contributions and/or participation, tax abatements. and/or other concessions.

1/75–6/76 Headmistress - Feden International School in Accra, Ghana, West Africa.

Had full responsibility for the day-to-day operation of boarding and day school in this developing country. Formulated and implemented curriculum, policies and procedures. Supervised 19 teachers, and 5 staff persons. Utilized innovative ideas to facilitate education on given very, limited materials, books. and supplies. Designed and implemented inner school lunch and tutoring programs. Instituted health and sanitation project for the boarding facility. The school had students enrolled from kindergarten to 9th grade.

ASSOCIATIONS

National Association of Real Estate Brokers
Washington, D C Association of Realtors
D C Chamber of Commerce
Alpha Kappa Alpha Sorority
D C Reinvestment Alliance
National Association of Realtors
P G Association of Realtors
National Political Congress of Black Women
Multi-Cultural Tourism Council

References and/or Transcripts furnished Upon Request