Housing Partnership Network

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Housing Partnership Network Peer Exchange…Mission Productivity

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Housing Partnership Network. Peer Exchange…Mission Productivity. Mission Statement. Increase the performance and social impact of non profit community developers. What is HPN?. Founded in 1990 84 organizations nationwide 600,000 housing units produced or financed - PowerPoint PPT Presentation

Transcript of Housing Partnership Network

Page 1: Housing Partnership Network

Housing Partnership Network

Peer Exchange…Mission Productivity

Page 2: Housing Partnership Network

Mission Statement

Increase the performance and social impact of non

profit community developers

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What is HPN? Founded in 1990

84 organizations nationwide

600,000 housing units produced or financed

Regional (not local) community development organizations

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HPN Social Enterprises

The Whole is Greater than the Sum of the

Parts

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HPN Enterprises Housing Partnership Insurance

$10 million captive insurance company owned by 18 regional nonprofits; 35,000 apartments covered

Housing Partnership Securities $100 million 501c3 bond conduit

with Freddie Mac

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Future HPN Enterprises Housing Partnership Mortgage

Anti-predatory mortgage services $18 million to 200 new

homeowners in ’06

CDFI investment bank Liquidity outlet for large scale

CDFIs

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What’s the Bottom Line? HPN saves us money

HPN increases our competitiveness

Solves problems too big for a single member