NHPF remains very concerned regarding the overall health and well-being of our 25,000 residents during the Covid-19 crisis. We have been actively working with our third-party management companies in taking steps such as increased cleaning of common areas, limiting resident contact except for emergency situations and, through our resident services program subsidiary Operation Pathways, providing resources for financial assistance, food, medicine, transportation, and needed supplies. In addition, we have placed a moratorium on all evictions for non-payment of rent for the duration of this crisis and are actively engaging our residents who have been financially impacted to discuss payment plans. We fully appreciate the social and emotional tolls the length of this crisis have taken on our residents and we will follow all local and state government directives regarding the reopening of our sites and community centers. The safety and well-being of our residents remains our highest priority.

CATHERINE FENNELL

Consultant

Catherine Fennell joined The NHP Foundation in 2012. Ms. Fennell is a real estate development and finance executive with over 30 years experience (both public and private sector) in acquisition, development, government and community relations. In her development capacity she has managed all stages of development from feasibility to acquisition, approvals and permitting, pre-development activities, financing, construction and development, project delivery and project stabilization. Performed upfront proforma and market feasibility of potential projects and then maintained overall asset management responsibility of projects after completion.

Over the course of her career she has originated over $300 million in acquisitions, debt and equity placements Her experience runs the gamut and includes new construction, rehabilitation, historic rehab, low income housing tax credits, tax exempt bonds, HOPE VI, Project Based Section 8, HCV, FHLB, CDBG, HOME, and all HUD related funds.