(return and risk) as well as our own positive data on affordable housing ROI, we are determined to show institutional investors the upsides of including this stable asset class in their portfolios. The concept led us to partner with Kingsley Associates, a real estate research industry leader. The firm conducted dozens of in-depth personal, confidential interviews with fund managers to gauge their current perceptions of investing in affordable housing as well as some recommendations for the industry. The results of the study, presented here today, serve as the springboard for the thought-provoking panel, led by Jonathan Schein of IREI, publishers of the real estate industry’s most respected publications, tackling the ongoing need to provide millions of Americans with quality, service-enriched affordable housing. We are grateful to this year’s Symposium and Dinner speakers and panelists. This dynamic collective provides attendees access to the latest industry strategies and innovative ideas, advanced through a discussion designed to create real momentum toward meeting the challenges of a nation without enough housing that people can afford. We are also grateful to our sponsors and investors during this, our 30th year. And as we move forward, we look to build on the sold financial foundation set by those early investors. We hope you will join us as we continue to foster strong relationships, which are essential to the success of our foundation’s valuable work. We truly appreciate your support!
Richard F. Burns President & Chief Executive, NHPF
AFFORDABLE HOUSING INVESTMENT: IMPACTFUL RETURNS REALIZED • 3
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