The Future of America’s Affordable Housing As we begin our 30th year providing safe, service-enriched affordable housing for America’s low and middle income families and seniors, we are ever mindful of what the current data reveal. Published studies, including our own, show a vast increase in the number of people who will—very soon— find themselves in need of more affordable places to live. These include Boomers who reach retirement age at the rate of 10,000 per day as well as recent college grads saddled with crushing school debt. At NHPF we don’t look at these startling statistics with doom and gloom. On the contrary, we see opportunity, as we always have since our inception 30 years ago, and now, as we look at a portfolio that consistently houses thousands of people, providing them with CORES certified resident services, proximity to transportation, education, medical and other needs and stable places to call home. As this Impact Report demonstrates, NHPF properties make a difference in people’s lives and that is what we will continue to do in the next 30 years and beyond. Already we have made a commitment to explore various types of affordable housing from rehabilitating older properties to ground-up construction, from suburban multi-family projects to historic, urban SROs. At the same time, we are always exploring ways to improve our residents’ health and well-being, seeking partnerships with providers who also understand that good health begins with a home. At NHPF we believe “where you live matters” and we will continue seeking the best ways to provide housing that is “more than a roof.” About The NHP Foundation Headquartered in New York City with offices in Washington, DC, and Chicago, IL, The NHP Foundation (NHPF) is celebrating its 30th year as a publicly supported 501(c)(3) not-for- profit real estate corporation. NHPF is dedicated to preserving and creating sustainable, service-enriched multifamily housing that is both affordable to low and moderate income families and seniors, and beneficial to their communities. NHPF also provides a robust resident services program to more than 18,000 community residents. Through partnerships with major financial institutions, the public sector, faith-based initiatives, and other not-for-profit organizations, NHPF has 50 properties in 15 states and the District of Columbia.
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
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