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.

JOSEPH P. WIEDORFER

Senior Vice President, Development & Assistant Corporate Secretary

Mr. Wiedorfer joined The NHP Foundation in 1994. As a member of the Senior Management Team, he is primarily responsible for the acquisition, finance and development of multifamily housing properties regulated under various Federal and State affordable housing programs. He is well versed in transactions including Section 8, FHA insured, Mark to Market, and Low-Income Housing Tax Credits (LIHTC).This work includes helping to build a national apartment portfolio by acquiring 33 properties, containing over 6,400 apartment units in 12 states, at an aggregate cost of $150 million.

His earlier career included 10 years of service at The National Corporation for Housing Partnerships, the congressionally chartered organization responsible for creating NHPF. Over the course of his career, Mr. Wiedorfer has acquired 26 properties, completed $175 million of tax-exempt bond financings for 18 properties, sold 17 properties, closed a pass-through trust that provided unsecured secondary financing to 31 HUD rent-assisted properties, and has coordinated over $50 million of rehabilitation work. Included in the tax-exempt bond transactions was a $21 million LIHTC refinancing of a 216-unit property in St. Louis, MO, that also included Historic Tax Credits, and Mr. Wiedorfer was responsible for the property being listed in the National Register for Historic Places.

Mr. Wiedorfer holds a B.S. degree from the University of Maryland at College Park.