REFLECTING BACK LOOKING FORWARD
2014 WAS A GREAT YEAR of accomplishments for NHPF. I invite you to read about highlighted achievements at individual properties, note the positive resident experiences created through Operation Pathways, and see how our fiscal responsibility and asset management have reinforced NHPF’s portfolio and financial health. This particular annual report marks a great milestone. Beyond reflection on the past year, we are happy to recognize all that has moved us forward since NHPF’s founding in 1989. More importantly, we are poised to make an even greater impact as we embark on our next 25 years. The past year resulted in ambitious strategic planning to guide our future efforts. Executing the plan will accelerate our ability to provide affordable housing in the form of clean, safe and green communities. Because of our abiding belief that “Where You Live Matters,” the quality of life for residents in those communities will continue to be enhanced through educational, health and enrichment programs that are defining elements for every NHPF property. In our anniversary year of reflecting back and looking forward, I salute the enlightened group of 24 investors who funded NHPF and the partners and affiliates who will help write NHPF’s future success stories, as we work smartly and tirelessly to protect and grow our country’s affordable housing.
Richard F. Burns NHPF President & Chief Executive Officer
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NHPF F I SCAL YEAR 20 1 4 ANNUAL REPORT
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