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

Regional (not local) community development organizations

HPN Social Enterprises

The Whole is Greater than the Sum of the

Parts

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

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

What’s the Bottom Line? HPN saves us money

HPN increases our competitiveness

Solves problems too big for a single member