In less than a quarter-century, NHPF has realized extraordinary achievements in the preservation and creation of value-added affordable housing. Since its incorporation as a nonprofit in 1989, NHPF has operated with both a charitable mission and businesslike financial discipline, preserving 57 multi-family properties, comprising a total of 11,156 apartment units. Building on that foundation, NHPF has earned a reputation for solid accomplishments in providing clean, safe affordable housing for low- to moderate-income families and seniors, as well as for its extensive and creative Resident Services programs. 

NHPF:

• Has  a portfolio of  6,000 units located in Connecticut, District of Columbia, Florida, Louisiana, Maryland, Massachusetts, Missouri, New Jersey, New York, Ohio, Pennsylvania, Texas and Virginia

 

• Since 2007, completed the construction of two new affordable housing properties and five Low Income Housing Tax Credit rehabilitations, totaling $218,075,830 in value

 

• Created a $50 million equity fund for the acquisition of properties to be redeveloped and preserved as tax credit properties by 2019

 

• One of the 12 founding nonprofits of the Housing Partnership Equity Trust (HPET), an $80 million private REIT for the acquisition and preservation of affordable housing

 

• Actively seeking to acquire properties for preservation as well as new development

 

• Recently added two new organizations to our “Affiliate Program”, which works with nonprofit affordable housing developer/owners who lack the resources, manpower, expertise and/or financial statement to renovate existing assets or develop new properties

 

•  Measures and tracks outcome-based programs and services to continuously seek the best results for our residents and demonstrate to our funders the tangible value added by our programs