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Audio (MP3) Listen in New Window Presentation (PDF) Open in new window About Scioto • National Provider of Housing and Real Estate Solutions for People With Disabilities • Scioto partners with over 65 organizations in more than 30 states across the United States • National experience working collaboratively with providers, state agencies, consumers, advocates and housing agencies to find housing and real estate solutions for people with disabilities. • Founded in 1999 by senior executives with long-term experience in the ID/DD industry, and staffed by employees with firsthand experience in the ID/DD and real estate industries. • Scioto owns and manages more than 650 homes in over 30 states; providing housing to over 2,000 people with disabilities. Scioto owns 23 properties in Indiana How Scioto’s Industry Knowledge and Experience is used for Provider Benefit • Understanding real estate’s role in a provider organization and facilitating property acquisition and management to enable provider focus on core business • Assists providers in maximizing resources – operationally and economically – and knowing where real estate fits in • Reducing real estate debt on a provider’s balance sheet • Sourcing capital for provider growth • Assisting with replacement homes and changing needs • Supporting providers with state downsizing, regulatory requirements and Olmstead compliance efforts • Streamlining mergers and acquisitions for providers Snap Shot of Scioto Resources & Services • Supporting opportunities for provider growth and operational flexibility by assisting with real estate needs through property acquisition • Locating property(s) that meets the needs dictated by provider • Supplying a capital infusion to provider operations via sale/lease back option on existing homes owned by providers • Putting forth a variety of lease structures customized to meet provider and resident needs and specifications • Providing design/build choices tailored specifically to fit needs of providers and the residents they support • Assisting with mergers and acquisitions by partnering with providers on the real estate side of the transaction • Coordinating all due diligence associated with property acquisitions, saving time and capital for providers • Utilize Scioto’s resources to further provider’s mission and goals Scioto – Increasing Provider Efficiency • Capital resources and availability • Consistency and responsiveness • Capabilities, reach and timing • Complimentary market coverage • Sound financial structures and modeling • Industry experience – ID/DD and real estate • Volume thresholds and incentives ID/DD Real Estate in Indiana • Transition from Group Homes to Waiver homes o Timing of transition o Economic impact o Operational impact o Risk Mitigation Grants from DDRS – 1 to 1 until 6/30/13; what happens after 6/30/13 and impact on providers and consumers? • Financing • Construction and renovation projects • Entitlements and Permitting • Other hurdles associated with real estate in Indiana • Discussion on other markets • General questions and discussion -- Eric Leibowitz 614-923-0361 (office) 614-499-9761 (cell) eleibowitz@scioto.com