Leading Forward
NHPF leveraged its excellent standing in the industry and array of positive partnerships to create exciting, new, and unprecedented affordable housing opportunities in 2021, with more to come in 2022. Much of this successful work is owed to relationships NHPF has developed and nurtured thorough the years and our reputation for seeing past obstacles to construct the ideal situation for residents, communities, and investors. We are also so proud of the NHPF departments responsible for creating these exceptional opportunities, principally Development, Asset Management, and Resident Services. Some of our proudest accomplishments this past year include: • With the groundbreaking of Temenos Apartments, 95 units of PSH, NHPF is creating housing uniquely designed for residents facing chronic homelessness, including treatment rooms for bedbugs (a common affliction for those who have lived on the streets) as well as highly resilient and easy-to-clean flooring for a population that is often ill while working through addiction issues. • The development and construction of 17 Mississippi, which began in 2021, consisting of 41 units of affordable housing in Washington, DC showcases another first for NHPF. We are providing nine units of housing designated for artists. This building is also unique for NHPF as it includes funding from first-time partner, Aetna, a CVS Health company, which invested $9.2M in the development. • Another first-time investor in an NHPF affordable housing deal is Amazon which granted $3.75M to City of Falls Church for affordable housing initiatives to be entirely managed by NHPF. This unique opportunity is borne out of our organization’s long-standing relationship with the City of Falls Church. NHPF created and implemented several internal and external DEIJ initiatives, some of which were outlined in media coverage from print and online interviews, articles, and podcasts: • The opportunity to share some of NHPF’s work in social justice was made possible via two prestigious Telly Video Awards, we were honored with in 2021. The Gold Telly award in “Non-Broadcast: Diversity and Inclusion” and the Silver Telly Award in “Non-Broadcast: Social Impact” were given to NHPF for its “Unconventional Affordable Housing: Yes! In My Backyard” video created for the 5th Annual NHPF Symposium. • NHPF produced the 5th Annual Symposium, which offered so many in the affordable housing ecosphere the opportunity to network and learn at a hybrid in-person/remote event. • Opportunities to showcase other accomplishments came via honors for staff as well as properties. Mansur Abdul-Malik, NHPF’s lead developer on Hollander Ridge, received three different industry awards. Hollander Ridge, NHPF’s scatter- site single-family rental home development, garnered four industry awards. We continue to build and maintain a highly professional, motivated, and resilient team at NHPF pulling together to create opportunities for a brighter future.
Richard F. Burns
Ralph F. Boyd, Jr.
Richard F. Burns
Ralph F. Boyd, Jr.
Chief Executive Officer
Chair
The NHP Foundation | Fiscal Year 2021 Annual Report 3
Powered by FlippingBook