NHPF Annual Report 2014

“GREENING” OUR ASSETS

IN 2014, NHPF accelerated our commitment to “greening” our portfolio, including our ongoing participation in HUD’s Better Buildings Challenge. NHPF’s goal is to meet this challenge by reducing our energy consumption across our portfolio by 20% by 2020. All of our property rehabilitations are completed according to the Enterprise Green Communities ® energy efficiency standards. As part of the Better Buildings Challenge, multi- family housing partners showcase innovative strategies to boost energy efficiency, including lighting improvements, heating and cooling system upgrades, installing rooftop solar panels, and supporting new financing for energy retrofits and green construction. With our partners in the Stewards of Affordable Housing for the Future (SAHF), NHPF shares best practices and lesson learned—creating models for the broader U.S. multi-family housing industry. As water is becoming a scarce natural resource, one of the main areas of focus for asset management in 2014 was the reduction of water consumption across our portfolio, especially on properties that have not undergone recent rehabilitations. This included regular unit inspections to detect and repair leaking faucets, pipes, toilets, and retrofits of all plumbing fixtures with state-of-the-art energy efficient fixtures, and resident education regarding conservation. The results have been very favorable as water consumption has been reduced an average of 30% across our portfolio. NHPF looks forward to continuing our mission of providing high quality, well-maintained, and energy-efficient affordable housing across our portfolio.

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NHPF F I SCAL YEAR 20 1 4 ANNUAL REPORT 

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