Since 1989, NHPF has provided service-enriched housing for thousands of low and moderate income Americans.
Today, our portfolio includes 61 properties providing 10,354 affordable housing units in 16 states and the District of Columbia. Throughout all these NHPF communities, we are committed to serving families with children, adults, and seniors.
NHPF is committed to so much more than the “bricks and mortar” of affordable housing. The work we do doesn’t just put roofs over people’s heads—it builds communities and strives towards a more equitable and inclusive society.
How does this manifest itself in affordable housing? We are working to ensure that racial equity, social justice and resident services are just as solidly built into today’s affordable housing as sound design, plumbing and electrical.
Based on NHPF-commissioned research and other sources, we are acutely aware of new populations who are rapidly changing the current face of affordable housing. Post-Pandemic, the US faces an influx of Baby Boomers, often underprepared for retirement, who are leaving the workforce in numbers as high as 10,000 per day and find themselves in need of affordable housing, often for the first time in their lives.
They are joined by many families who find themselves “one paycheck away from homelessness,” stymied by college debt and fewer job opportunities. Along with the current uptick of “underemployed,” they too may enter the affordable housing market for the first time.
The requirements of these renters will vary vastly from those of the current population. It is up to housing providers like NHPF to assess and provide critical services, as well as sought-after amenities that will meet ever-changing needs.
Specifically, developers can view the built environment as a catalyst for fighting social and racial injustice. Looking forward, this approach could include providing additional resources, such as a local grocery store, school, or medical facility, to improve resident quality of life. In many instances, this requires a strong partnership and a strategic and unique financing structure that supports both residential and commercial uses.
Headquartered in New York City with offices in Washington, DC, and Chicago, IL, The NHP Foundation (NHPF) was launched on January 30, 1989, as a publicly supported 501(c)(3) not-for-profit real estate corporation. NHPF is dedicated to preserving and creating sustainable, service-enriched multifamily housing, and single-family homes that are both affordable to low and moderate income families and seniors, and beneficial to their communities. NHPF’s Construction Management Group provides in-house resources dedicated to infrastructure review, infrastructure development and costs management. Through Family-Centered Coaching, NHPF’s subsidiary Operation Pathways engages with, and assists, families experiencing poverty and other hardship, to problem-solve together. Through partnerships with major financial institutions, the public sector, faith-based initiatives, and other not-for-profit organizations, NHPF has 61 properties, including over 10,000 units, in 16 states and the District of Columbia.