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.
- 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