The NHPF Quarterly
January 2021
 
 

Predictions for 2021

After a year of upheaval including life in a pandemic, social unrest, and an imperiled election, Dick Burns, NHPF CEO & President, gathered with colleagues to look ahead to those issues that will impact the affordable housing eco-system in the coming months. These insights were published in The Hill: The past year's adversity means opportunity for affordable housing in 2021.

This was a year like no other for every business, and the acquisition and preservation of affordable housing was no exception. Between keeping old deals alive, initiating new ones, and finding ways to help residents pay the rent, we at NHPF have leveraged the lessons learned during this tumultuous year to make some predictions for the industry in 2021.

 

Mr. Charles Gives Back to His Community at Forest Park

All through the year of COVID-19, Mr. Charles has found ways to give back to his community. During the 2020 election, Mr. Charles used his own car to take neighbors who did not have transportation to the polls. In total, he chauffeured 18 community members.

NHPF Promotes Eric W. Price to Executive Vice President & CFO

NHPF announced the promotion of Senior Vice President Eric W. Price to Executive Vice President and CFO. Price joined NHPF in early 2019 with 30 years experience in the development and financing of affordable housing and community development.

The NHP Foundation to Preserve Overlook Manor Townhouses as Affordable Housing in Frederick, MD

In keeping with its mission to preserve affordable housing, national not-for-profit NHPF has acquired Overlook Manor, 63 townhouse units in nine buildings for a moderate rehabilitation. NHPF closed on the purchase of the property with a $10 million acquisition bridge loan provided by the Low-Income Investment Fund (LIIF).

Top 5 TV Shows from 2020 to Stream

It is likely impossible to catch all the entertaining and relevant TV that is streaming. We wanted to give you a “Top 5” from 2020 that tackle social issues of our time with plenty of historical context and provide a truly satisfying viewing experience. Here you go, and you’re welcome:

1 - The Good Lord Bird
2 - Watchmen
3 - Chicago 7
4 - Mrs. America
5 - Lovecraft Country

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The NHP Foundation
Headquartered in New York City with offices in Washington, DC, and Chicago, IL, The NHP Foundation (NHPF) was launched on January 30, 1989, 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. Through Family-Centered Coaching, NHPF’s subsidiary Operation Pathways engages with, and assists, families experiencing poverty and other hardship, to problem-solve together. Through partnerships with major financial institutions, the public sector, faith-based initiatives, and other not-for-profit organizations, NHPF has 56 properties, including 9,664 units, in 15 states and the District of Columbia. For more information, please visit www.nhpfoundation.org
 
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