Comprehensive Housing Strategy Task Force
Christopher B. LoPiano Confirmation Resolution of 2004
PR 15-756

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March 12, 2004

The Honorable Linda W. Cropp 
Chairman
Council of the District of Columbia
1350 Pennsylvania Avenue, N. W., Suite 504 
Washington. D.C. 20004

Dear Chairman Cropp:

In accordance with section 2 of the Comprehensive Housing Strategy Temporary Act of 2003, effective December 9, 2003 (D.C. Law 15-52), which established the Comprehensive Housing Strategy Task Force, I am pleased to nominate the following persons for appointment:

as members of the Task Force, representing banking or financial service institutions, for terms to end 1-year from the date a majority of the first members are sworn-in;

as members of the Task Force, representing the for-profit housing production community, for terms to end 1-year from the date a majority of the first members are sworn-in;

as members of the Task Force, representing the non-profit housing production community, for terms to end 1-year from the date a majority of the first members are sworn-in;

as a member of the Task Force, with expertise in housing policy from the academic or nonprofit community, for a term to end 1-year from the date a majority of the first members are sworn-in;

as a member of the Task Force, representing the philanthropic community, for a term to end l - year from the date a majority of the first members are sworn-in;

as a member of the Task Force, representing the employer-assisted housing provider, for a term to end 1-year from the date a majority of the first members are sworn-in;

as members of the Task Force, representing the multifamily property owner community, for terms to end 1-year from the date a majority of the first members are sworn-in;

as a member of the Task Force, representing the residential real estate profession, for a term to end 1-year from the date a majority of the first members are sworn-in;

as a member of the Task Force, representing an organization that advocates for the production, preservation, and rehabilitation of affordable housing for lower-income households, for a term to end 1-year from the date a majority of the first members are sworn-in;

as a member of the Task Force, representing low-income tenants, for a term to end 1-year from the date a majority of the first members are sworn-in;

as citizen representative members on the Task Force, for terms to end 1-year from the date a majority of the first members are sworn-in;

as a member of the Task Force, representing an organization that provides supportive housing services including housing counseling, financial management, in-kind assistance, or legal representation, for a term to end 1-year from the date a majority of the first members are sworn in; and

as members of the Task Force, representing government agencies, including independent housing agencies, for terms to end 1-year from the date a majority of the first members are sworn-in.

Enclosed you will find biographical information detailing the experience of the above-mentioned nominees, together with proposed resolutions to assist the Council during the confirmation process.

I would appreciate the Council's earliest consideration of these nominations for confirmation. Please do not hesitate to contact me should the Council require additional information.

Sincerely,
Anthony A. Williams 
Mayor

Enclosures 

AAW/edl

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Chairman Linda W. Cropp, at the request of the Mayor

A PROPOSED RESOLUTION IN THE COUNCIL OF THE DISTRICT OF COLUMBIA

To confirm the appointment of Mr. Christopher B. LoPiano to the Comprehensive Housing Strategy Task Force.

RESOLVED, BY THE COUNCIL OF THE DISTRICT OF COLUMBIA, That this resolution may be cited as the "Comprehensive Housing Strategy Task Force Christopher B. LoPiano Confirmation Resolution of 2004".

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

Mr. Christopher B. LoPiano 
312 Highview Avenue
Silver Spring, Maryland 20901

as a member of the Comprehensive Housing Strategy Task Force, established by section 2 of the Comprehensive Housing Strategy Temporary Act of 2003, effective December 9, 2003 (D.C. Law 15-52), representing banking or financial services institutions, for a term to end I-year from the date a majority of the first members are sworn-in.

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.

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Christopher LoPiano 
Senior Vice President
Mid-Atlantic Development Manager,
Bank of America Community Development Corporation

Christopher LoPiano is development manager for the Bank of America Community Development Corporation (CDC) Mid-Atlantic region. In this capacity, he is responsible for Bank of America CDC development efforts in Maryland, Virginia and Washington, D.C. He also manages the Bank of America CDC office in Washington, D.C.

The Bank of America CDC is a v holly owned subsidiary of Bank of America and was chartered by the Office of the Comptroller of the Currency for the purpose of investing in community development projects. The Bank of America CDC is an equity partner with community-based developers and is an active owner/developer of real estate properties. The Bank of America CDC invests primarily in affordable housing, both rental and for-sale.

Prior to joining Bank of America in January, 1994, Mr. LoPiano served as deputy director of the Marshall Heights Community Development Organization (MHCDO), a nationally recognized., community development corporation in Washington, D.C. that focuses primarily on rental and for-sale affordable housing, retail and industrial development. At MHCDO, he was responsible for the housing and economic development program and served as chief financial officer. Prior to joining MHCDO in 1985, Mr. LoPiano worked for a community development corporation in Baltimore, Md., where he was responsible for commercial real estate and small business development.

In addition to more than sixteen years of professional experience in community development, Mr. LoPiano serves on the District of. Columbia, Local Advisory Committee of the Local Initiatives Support Corporation (LISC). The LISC Advisory Committee has responsibility for reviewing and recommending grants and loans to be made by LISC in support of the community development efforts of local community development corporations. Mr. LoPiano also serves on the Board of the Community Facilities Fund, a Washington, D.C. non-profit that provides financing and grant support to non-profits for the development of community facilities.

Mr. LoPiano earned a bachelors of arts degree in Economics and Governmment from Georgetown University in Washington, D.C.

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CHRISTOPHER B. LOPIANO
312 HIGHVIEW AVENUE • SILVER SPRING. MD 20901

WORK EXPERIENCE

1994 - Present, Bank of America, Washington, DC 
Senior Vice President, Community Development Banking, Mid Atlantic Region

• Directs Bank of America Community Development Corporation (CDC) real estate development efforts in Maryland, Virginia and Washington, DC. Manages the Bank of America CDC offices in Washington, DC and Baltimore. Oversees all aspects of the CDC, which is an equity investor and an active owner/developer of real estate properties. The Bank of America CDC develops affordable housing, both rental and for-sale, and commercial and industrial projects whose purpose is job creation. Partnering with local and state governments, community-based organizations and developers, the CDC revitalizes communities based on small-area plans that are the collaborative vision of communities, government entities and developers. Invested debt and equity in the Mid-Atlantic of approximately $165 million. Developed over 2000 units of multi-family rental, 1500 units of for-sale housing and retail and office space. Responsible for development of $80 million downtown, mixed use redevelopment project including loft apartments in eight 19th century buildings and in a 17-story highrise tower, parking garage and XX square feet of retail. Extensive experience with various financing tools such as FHA, Fannie, fixed and variable rate bonds, historic and low-income housing tax credits and interest rate risk mitigation tools, e.g., swaps, caps and forward purchase of MBS.

1985-1994, Marshall Heights Community Development Organization, Washington, DC 
Deputy Director and Chief Financial Officer

• Managed Housing and Economic Development Division, which developed single and multi-family for-sale and rental projects, industrial parks and office/retail space. Provided technical assistance to small businesses in all aspects of obtaining financing. Established relationships with lenders and investors. Negotiated construction, permanent and gap financing for projects in excess of 0$35 million. Assisted CEO with organizational development, strategic planning and major fundraising for internationally recognized community development corporation.

1984-1985, COIL Community Economic Development Corporation, Baltimore. MD
Business Developer

• Led business development program funded by the Ford Foundation and local foundations. Responsible for direct assistance to small businesses, developing commercial - real--estate, loan packaging, merchant organizing, creation of economic development capacity and fundraising.

1982-1984, Self-employed, Washington, DC
Economic Development Consultant

• Worked for a variety of community-based development organizations and national organizations. Services included proposal preparation and fundraising strategies, board and staff training, management assistance, project feasibility analysis and technical manual preparation. Clients included: National Center for Housing Management, Urban Coalition, Arlington Housing Corporation.

1978-1982, Institute for Economic Development, Washington, DC
Director, Physical Development Division

• Managed technical division staff Services included technical assistance, training and funding support to community development corporations in the areas of housing, commercial development, small business development and energy. Conducted workshops on housing development, - real estate syndication and business loan packaging. Oversight of more than $7 million of grants and contracts let to CDC's, subcontractors and evaluators.

EDUCATION

1975, Georgetown University, Washington, DC
Bachelor of Arts Degree, dual major in Economics and Government

PROFESSIONAL AFFILIATIONS

Member, District of Columbia Local Advisory Committee of the Local Initiatives Support Corporation (LISC). The LISC Advisory Committee reviews and recommends grants and loans to be made by LISC in support of the community development efforts of local community development corporations.

Past President of the Board, the Neighborhood Design Center C) based in Baltimore. Through design professionals who donate their time, NDC facilitates the provision of . free design : and urban planning services to neighborhood and nonprofit organizations in Maryland..

Board Member, the Community Facilities Fund, a Washington, D.C. non-profit that provides financing and grant support to non-profits for the development of community facilities.

Member, Urban Land Institute (ULI). Serve on study and advisory panels for ULI including the preparation of the East Ocean View Redevelopment Study - recommendations to the City of Norfolk for the redevelopment of 90 acres of bayfront that was underutilized and severely deteriorated.