2019 Impact Report
Where You Live Matters
From NHPF CEO Richard F. Burns
2019 was a milestone year for NHPF as it marked 30 years of changing people’s lives through the provision of transformative affordable housing including closing on our 100th acquisition. The 2019 Impact Report shows cumulative data. Highlights include our acquisition of 1,826 new units. We are proud of our ongoing 97% occupancy rate. As well, NHPF has achieved impressive water and overall energy savings YOY including 2019’s $1.8 million in water bill reductions. Finally, the organization sees great benefit from Operation Pathways’ presence at 98% of our properties. Higher participation in Resident Services programs equates with fewer skips and evictions; 83% of skips and evictions were from households that did not participate in such programming. This data continues to tell the NHPF story, ensuring our ability to attract investment to provide vital affordable housing throughout our next 30 years and beyond.
The NHP Foundation
NHPF By The Numbers 57 properties located in 15 states and DC 1,826 new units acquired totaling 9,664 units 45 multifamily properties with 7,739 multifamily units 10 senior properties with 1,713 senior units 2 SROs with 212 units 782 units under rehabilitation at 5 properties
2019 Impact Report
Green Measures 135 million gallons of water saved $1.8 million in water bill reductions 1,494 smoke-free units 1,250+ energy efficient windows have been installed at NHPF properties
The NHP Foundation
Portfolio Mix 805 efficiency units 3,280 1 bedroom units 4,068 2 bedroom units 1,309 3 bedroom units 188 4 bedroom units 14 5 bedroom units
2019 Impact Report
NHPF Social Impact 97% occupancy rate 98% of properties have on-site community facilities 91% of units serve households at or below 80% AMI 83% of skips and evictions were from households that did not participate in Resident Services 100% of properties are within 3 miles of a medical center 90% of properties are located within 1 mile of public transportation
Operation Pathways By The Numbers 4,168 residents were served by Operation Pathways 842 organizations partnered with Operation Pathways, assisting 6,440 residents 1,680 received financial services 2,763 received health and wellness services 95% of children showed no sign of summer learning loss in math 61% improved their math skills by one grade 85% of children showed no sign of summer learning loss in reading 63% improved their reading skills by one grade
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About Us
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. Since that time, NHPF has invested nearly $3 billion in the preservation of affordable housing throughout 15 states and the District of Columbia. The investing of these funds has resulted in economic stability for thousands of seniors, families, and children. NHPF’s Acquisition and Preservation, Redevelopment, Construction, and Affiliate Program divisions cooperate and work in tandem with Asset Management and Resident Services (via our subsidiary Operation Pathways) to enrich communities. Through Family-Centered Coaching, 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 57 properties with 9,664 units in 15 states and the District of Columbia. For more information, visit www.nhpfoundation.org.
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NEW YORK HEADQUARTERS 646.336.4940 122 East 42nd Street, Suite 4900, New York, NY 10168 WASHINGTON, DC 202.789.5300 1090 Vermont Avenue, NW, Suite 400, Washington, DC 20005 CHICAGO 312.216.5103 150 N. Michigan Avenue, Suite 2800, Chicago, IL 60601
nhpfoundation.org
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