community housing partnersredefining affordable housing

Presentation to the Virginia Association of Community Services BoardsFebruary 23, 2012

Who we are

Since 1975, CHP has served over 200,000 individuals. Our clients include elderly, women and children in transition, formerly homeless individuals and families, the chronically mentally ill and other families of low-income and low-wealth.

Community Housing Partners (CHP) is a non-profit community development organization dedicated to providing affordable housing and services for low and moderate-income individuals and families

OUR MISSION To create affordable, green, sustainable housing opportunities and services for the people and communities we serve.

OUR VALUES

Environmental Sustainabilitycontribute to a better environment for future generations

Economic Sustainabilitybuild quality communities that are economically viable

Social Sustainabilitypromote social interaction and personal independence

Why do we serve?

3737 years in operation

5050 Virginia LIHTC deals completed

5,0005,000 units developed

206,000206,000 people served

33,800,00033,800,000 total equity

280,000,000280,000,000 total development

costs

CHP by the Numbers

Our Organizational Structure

Management Team

CHP is organized into departments, each led by a vice president, director, or manager. Our departments and subsidiaries include:

Real Estate Development Architecture

Corporate Development Construction

Property Management Resident Services

Asset Management Energy Services

Homeownership

Integrated Project Delivery

Aquisition

Old Farm VillageChristiansburg, VA

Lynnhaven LandingVirginia Beach, VA

Rehabilitation/New Construction

Checed WarwickNewport News,VA

Warwick SRONewport News, VA

Victoria Ridge ApartmentsRUSH Homes, Lynchburg VA

Riverview CommonsGiles County, VA

• Experience and resources are directed towards direct involvement in the entire development process

• Established reputation for success with our stakeholders:VHDA, Tax Credit Syndicators, Lenders

• Management capabilities

• Lease-up and LIHTC compliance capabilities

• Balance sheet to guarantee the success of a transaction to our stakeholders

Working with CHP: